UTStarcom named Mr. Tim Ti as the Company's new Chief Executive Officer (CEO) and announced changes to the board of directors, effective immediately. Mr. Ti brings more than twenty years of business and management expertise to the Company. He previously served as the CEO of Virtual Gateway Labs Inc. Prior to that, Mr. Ti served various roles at UTStarcom, including Senior Vice-President of Advanced Network Architecture Technologies, Senior Vice-President of Research & Development, and General Manager of the Broadband Business Unit.

Before joining UTStarcom, Mr. Ti was the Director of Application & Marketing of Advanced Communication Devices Corporation, which was acquired by UTStarcom in 2001. The Board has appointed Mr. Guoping Gu as a new director, effective January 11, 2016. Mr. William Wong has resigned from the Board.

Mr. Wong has served as the CEO and as a director since August 2012. Mr. Gu brings more than seventeen years of business and management expertise to UTStarcom's Board of Directors. He currently serves as the Chairman of the Board of Shanghai Phicomm Communication Co.

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