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UTStarcom Presents at SoftBank World 2017

Showcases Innovations that Enable the Hyperconnected World of Tomorrow

HONG KONG, July 27, 2017 (GLOBE NEWSWIRE) -- UTStarcom (NASDAQ:UTSI), a global telecommunications infrastructure provider, demonstrated its latest broadband and optical network infrastructure technology at the SoftBank World 2017 conference, held July 20–21 at the Prince Park Tower in Tokyo, Japan. SoftBank World, as one of the largest corporate events in Japan, introduced the utilization trend of the latest IT technology, including IoT (“Internet of Things”), AI (“Artificial Intelligence”) and smart robots.

Mr. Tim Ti, UTStarcom's Chief Executive Officer, commented, “We are always excited to participate in SoftBank World.  As one of the largest information technology events, it brings together industry leaders to share insights and showcase their latest technologies. This event helps to shape the future of the industry, and our appearance here enables us to exhibit our industry-leading solutions to over 20,000 prospective telecom customers.”

Highlights of product demonstrations at the show included the next-generation packet transport network; a high-performance SDN controller; PTP synchronization for the future mobile network; a smart retail store solution; carrier-grade Wi-Fi; and a multiservice core router platform.

Ti continued, “The explosive growth of mobile and cloud-computing is creating challenges for carriers and opportunities for leading solutions vendors like us. We believe we are well-positioned to continue developing innovation solutions that help meet the need for increased network traffic and timely service delivery. Our products truly embody our slogan: ‘Enabling the Hyperconnected World of Tomorrow’.”

About UTStarcom Holdings Corp.

UTStarcom (NASDAQ:UTSI) is a global telecom infrastructure provider dedicated to developing technology that will serve the rapidly growing demand for bandwidth from cloud-based services, mobile, streaming and other applications. We work with carriers globally, from Asia to the Americas, to meet this demand through a range of innovative broadband packet optical transport and wireless/fixed-line access products and solutions. The Company’s end-to-end broadband product portfolio, enhanced through in-house Software Defined Networking (SDN)-based orchestration, enables mobile and fixed-line network operators and enterprises worldwide to build highly efficient and resilient future-proof networks for a range of applications, including mobile backhaul, metro aggregation, broadband access and Wi-Fi data offload. Our strategic investments in media operational support service providers expand UTStarcom’s capabilities in the field of next generation video platforms. UTStarcom was founded in 1991, started trading on NASDAQ in 2000, and has operating entities in Tokyo, Japan; San Jose, USA; Hangzhou, China; Delhi and Bangalore, India. For more information about UTStarcom, please visit http://www.utstar.com.

For investor and media inquiries, please contact:

UTStarcom Holdings Corp.
Tel: +852-3951-9757

Fei Wang, IR Director
Email: fei.wang@utstar.com

Ning Jiang, Investor Relations
Email: njiang@utstar.com

In the United States:

The Blueshirt Group 
Mr. Ralph Fong
Tel: +1 (415) 489-2195
Email: ralph@blueshirtgroup.com

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