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UTStarcom Partners With Mude to Deliver Triple Play Solutions to Brazilian Telecom MarketALAMEDA, Calif., Aug. 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced a partnership with Mude, one of the largest solutions distributors in the communication, security and data storage segments in Brazil. The two companies are partnering to deliver triple play solutions -- high-speed data, Voice-over-IP (VoIP) and IPTV services -- to the Brazilian telecom market. "Mude's sales force and experience makes them a value-added distributor, which we believe will allow us to better offer the latest-generation solutions and services available to the local market," said Hitoshi Nagano, area vice president for Brazil at UTStarcom. "We've already shipped more than 75,000 ports of IP-DSLAM, more than half of which has already been deployed, and we expect to continue to gain traction in the Brazilian market though our relationship with Mude." UTStarcom's broadband solutions are designed to enable carriers to deploy IP-based, high-speed Internet, voice, data and multimedia services over wireline networks. Designed for highly efficient, converged service delivery across an evolving networking landscape, these solutions continue to expand the capacity and performance of narrowband, broadband and transport solutions. UTStarcom's wireline broadband product offering includes a suite of optical transport platforms, extensive edge network access solutions, and a distributed IPTV and multimedia delivery system. "The partnership with UTStarcom marks our entry into the latest trend in telecom technology, the triple play market. UTStarcom's products are totally adherent to our portfolio of high-speed data transmission network infrastructure and IP convergence solutions. This means that resellers get new business opportunities in their installed base, as well as glimpsing new markets," said Fernando Grecco, marketing director at Mude. Mude estimates a 10 percent increase in total sales in 2005 with the introduction of the new line of UTStarcom products. The offer will have an impact mainly on resellers focused on xDSL solutions, impacting not only the carrier market, but also the end users in the enterprise market. With the channels, Mude's strategy will be strong investment in training and services for pre- and post-sales support. About Mude Following the VAD (Value Added Distributor) model in the information technology area, and being the main representative of leading multinationals in technology such as Cisco, Check Point, Nokia, McAfee, Fortinet, Websense, RSA, Hitachi Data Systems, Tandberg, UTStarcom, Veritas, Linksys and StorageTek, MUDE stands out as a major distributor in this country of solutions in the communication, security and data storage segments. A market vision always ahead of the needs of its customers makes the company an important reference point in upgrading, project development, and latest generation technology in the IT industry. http://www.mude.com.br/ About UTStarcom, Inc. UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in the United States, China, Korea and India. UTStarcom is a FORTUNE 1000 company. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/. Forward-Looking Statements The foregoing statements regarding, without limitation, expected benefits to UTStarcom and anticipated market and revenue growth and opportunities for UTStarcom and Mude in Brazil resulting from the alliance between UTStarcom and Mude, expected benefits to carriers from UTStarcom's triple play solutions, the anticipated features and characteristics of UTStarcom's broadband wireline solutions and expected business strategies, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of the telecommunications market, including that of Brazil, evolving product and application standards, changes or delays in product introductions and deployments, possible market downturns in Brazil and worldwide, the termination or material amendment of significant contracts, partnerships or alliances, including that with Mude, and other uncertainties, such as changes in governmental regulation and licensing requirements in relevant markets. UTStarcom also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk [email protected] UTStarcom, Inc. CONTACT: Chesha Kamieniecki, Director of Investor Relations,+1-510-749-1560, or Veronica Henley, Marketing Manager, CALA Region,+1-954-364-3303, or [email protected], both of UTStarcom, Inc.; or media,Stephanie Gallagher of Engage PR, +1-510-388-3287, or [email protected],for UTStarcom, Inc.; or Veronica Cassavia of S2 Comunicacao Integrada,+11-3457-0226, or [email protected]; or Maria Emilia Farto, Polo deComunicacao, +11-5573-4749, or [email protected], both forMude Web site: http://www.utstar.com/ Web site: http://www.mude.com.br/ |