UTStarcom Requests Additional Seven-Day Filing Date Extension From Nasdaq
ALAMEDA, Calif., June 14 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), announced today that it has requested from the Nasdaq listing
qualifications panel an additional seven-day extension for the filing of its
Quarterly Report on Form 10-Q for the quarter ended March 31, 2006 (the 'Q1
Form 10-Q'). The Company has requested the extension because it requires
additional time to complete its quarterly close process. The Company now
expects to file the Q1 Form 10-Q on or about June 22, 2006.
The Company Now Targets Filing Its First Quarter 2006 Quarterly Report on or About June 22, 2006
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 design operations in the
For more information about UTStarcom, visit the company's Web site at
The foregoing statements regarding, without limitation, statements about
the anticipated filing date of the Q1 Form 10-Q, are forward-looking in
nature. Those statements are subject to risks and uncertainties that may
cause actual results to differ materially, including the risk that the Company
may not complete its quarterly close process, including completing the Form
10-Q, in time for the
assurance that the Nasdaq listing qualifications panel will grant the
Company's request for an extension of the Form 10-Q filing date.
SOURCE UTStarcom, Inc.