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ALAMEDA, Calif., Aug 07, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, today announced that the company's award-winning RollingStream(TM) end-to-end IPTV solution currently supports more than 310,500 live subscribers in 19 commercial deployments with both China Telecom and China Netcom with a total system capacity of nearly 625,000 subscribers between the two operators.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)
"More than 60 percent of all commercial IPTV subscribers currently in China today are using UTStarcom's RollingStream end-to-end IPTV solution," said Brian Caskey, vice president of worldwide marketing for UTStarcom, Inc. "Operators prefer RollingStream because of its highly distributed, streaming-based architecture; its proven ability to reliably scale to support multimillion subscriber deployments; and its flexibility to enable service providers to offer additional value-added services including video telephony, SMS/MMS and other potential revenue-generating services beyond IPTV applications that help speed their return on investment."
According to a recent IDC report titled "China IPTV 2007-2011 Forecast and Analysis" released in March 2007, the APeJ (Asia/Pacific excluding Japan) region is the most rapidly growing IPTV region in the world with the largest equipment market share. IDC predicts that APeJ will have 29.7 million IPTV users by 2010. Within the APeJ region, China is the most promising IPTV market with forecasts of approximately 10.5 million subscribers by 2010 and 14.9 million by 2011.
"With respect to commercial use, from Harbin, the first city of IPTV commercial use in China in May 2005, to IPTV commercial use in Shanghai in September 2006, the UTStarcom RollingStream system is undoubtedly the most mature IPTV system for commercial use in China by the end of 2006," the report states. "In addition, its close cooperation with content operators such as Shanghai Media Group also helps it gain advantages in the equipment market competition."
At ITU Telecom World 2006 in Hong Kong in December 2006, UTStarcom's RollingStream IPTV solution was selected the best IPTV solution worldwide by Communications Weekly, a leading publication under the guidance of the Ministry of Information Industry (MII) in China. UTStarcom was also awarded the Development Contribution Award for its efforts for IPTV standardization in China.
About UTStarcom's RollingStream
UTStarcom's RollingStream is an end-to-end solution designed for telecommunications operators and broadband service providers to deliver broadcast quality TV and on-demand entertainment programming over IP networks. RollingStream is designed to offer service providers the scalability, reliability, and bandwidth efficiency to support new services including broadcast TV, Time-shift TV, Network DVR (n-DVR), Video on Demand (VoD), Near Video on Demand (NVoD), Virtual Channel, and a rich set of business enabling as well as interactive and personalization features over existing network infrastructures. This may result in opportunities for increased revenues, new services, and improved customer satisfaction and retention.
For more information about UTStarcom's RollingStream solution, please visit: http://www.utstar.com/Solutions/Broadband/IPTV.
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 development operations in the United States, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding UTStarcom's expectations, beliefs, intentions or strategies regarding the future and including, without limitation, the rapidly changing nature of technology; continued development of the product; possible delays in product introductions; the termination of new contracts, partnerships or alliances; the benefits to customers provided by the product; and changes in government regulation and licensing requirements.
All forward-looking statements included in this document are based upon information available to UTStarcom as of the date hereof, and UTStarcom assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks and other risks relating to UTStarcom's business are set forth in the documents filed by UTStarcom with the Securities and Exchange Commission, specifically its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and amendments thereto.
SOURCE UTStarcom, Inc.
Brian Caskey, Vice President of Worldwide Marketing of UTStarcom, Inc., +1-510-769-2850, brian.caskey@utstar.com; or Sara Zavala, Senior Account Executive of Edelman, +1-321-723-0269, sara.zavala@edelman.com, for UTStarcom, Inc.
http://www.utstar.com
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