1. UTStarcom Appoints Independent Director and New Audit Committee Chairman

    /PRNewswire/ -- UTStarcom Holdings Corp. ("UTStarcom" or the "Company") (NASDAQ: UTSI) a leading provider of broadband equipment and solutions, today announced the appointment of Mr. Sean Shao as an independent director to UTStarcom's Board of Directors, effective October 25, 2012. With Mr. Shao's appointment, UTStarcom's Board of Directors will consist of seven directors, including five independent directors.  Mr. Shao will serve on the Company's Audit Committee, increasing the number of member

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    1. We are very pleased to welcome Mr. Shao to the Board.
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