UTStarcom Announces Date of 2008 Annual Meeting

ALAMEDA, Calif., April 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (NASDAQ:UTSI) today announced that its 2008 Annual Meeting of Stockholders will be held on Friday, June 27, 2008 at 1:00 p.m., local time. The meeting will be held at the Company's offices located at 1275 Harbor Bay Parkway, Alameda, California 94502. Stockholders of record as of the close of business on April 29, 2008 are entitled to notice of and vote at the 2008 Annual Meeting.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)

Rule 14a-8 Stockholder Proposal Deadline

Pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, UTStarcom previously set a deadline of March 26, 2008 for the receipt of any stockholder proposals submitted pursuant to Rule 14a-8 for inclusion in UTStarcom's proxy materials for the 2008 Annual Meeting. As a result, the deadline for the receipt of stockholder proposals under Rule 14a-8 has passed.

Bylaws Advance Notice Deadline

In accordance with the requirements for advance notice set forth in UTStarcom's Bylaws, in order for (i) a stockholder proposal submitted outside of Rule 14a-8 for consideration at the 2008 Annual Meeting or (ii) a director nomination submitted by a stockholder for election at the 2008 Annual Meeting to be considered timely, such proposal or nomination must be received at the principal executive offices of the Company by close of business on Monday, April 21, 2008 at the address noted above. Such proposals or nominations must comply with Article II, Section 2.5 of UTStarcom's Bylaws. UTStarcom recommends that such proposals be sent by certified mail, return receipt requested.

This press release constitutes a public announcement of the date of the 2008 Annual Meeting for purposes of Article II, Section 2.5 of UTStarcom's Bylaws. A copy of UTStarcom's Bylaws is available by submitting a written request to the address noted above, Attention: Investor Relations, or by accessing the corporate governance section of UTStarcom's website at http://www.utstar.com/.

About UTStarcom, Inc.

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company develops, manufactures and markets its broadband, wireless, and terminal solutions to network operators in both emerging and established telecommunications markets worldwide. 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. UTStarcom was founded in 1991 and is headquartered in Alameda, California, the company has research and development centers in the USA, Canada, China, Korea and India.

For more information about UTStarcom, please visit the UTStarcom Web site at http://www.utstar.com/.

First Call Analyst:
FCMN Contact: ckamieniecki@utstar.com

Photo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Source: UTStarcom, Inc.

CONTACT: Barry Hutton, Senior Director, Investor Relations of UTStarcom,
Inc., +1-510-769-2807, barry.hutton@utstar.com

Web site: http://www.utstar.com/

2008-04-10 20:45:42 0333583 PRNEWSWIRE