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UTStarcom to Participate in Jefferies 4th Annual Asia Corporate Access Summit

HONG KONG, Oct. 24, 2014 (GLOBE NEWSWIRE) -- UTStarcom ("UTStarcom" or "the Company") (Nasdaq:UTSI), a global telecommunications infrastructure provider, today announced that it will participate in the Jefferies 4th Annual Asia Corporate Access Summit on Wednesday, October 29, 2014 at the Island Shangri-La Hotel in Hong Kong.

Management will meet with institutional investors throughout the event. For additional information, please contact your institutional sales representative at Jefferies or email Jane Zuo at jane.zuo@utstar.com to request a meeting.

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; Delhi and Bangalore, India; Hangzhou, China. For more information about UTStarcom, please visit http://www.utstar.com.

CONTACT: For investor and media inquiries, please contact:
         
         Jane Zuo
         UTStarcom Holdings Corp.
         Tel: +852-3750-7632
         Email: jane.zuo@utstar.com
         
         May Shen (Beijing)
         Tel: +86-10-8591-1951
         Email: May.Shen@fticonsulting.com
         
         Daniel DelRe (Hong Kong)
         Tel: +852-3768-4547
         Email: Daniel.DelRe@fticonsulting.com
         
         Simona Kormanikova (New York)
         +1-212-850-5685
         Email: Simona.Kormanikova@fticonsulting.com