ALAMEDA, Calif., March 23 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced the appointment of David King as its new senior vice president of sales and marketing, underlining the Company's commitment to global growth. In his new role, King will be responsible for all aspects of UTStarcom's global sales and marketing efforts outside of Mainland China. King will report to Mike Sophie, chief operating officer (COO), and will lead the development, implementation and execution of sales and marketing strategies to drive the growth of UTStarcom's sales in both new and existing markets.
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A seasoned telecommunications industry executive with experience in sales, marketing, and business and channel development, King has proven expertise in driving exceptional growth and revenue generation through strategic sales for both established and emerging telecommunications companies. Most recently, King was the CEO at Visual Wireless where he secured business with top-tier operators from around the world. Prior to that, as vice president and general manager of wireline systems at Ericsson, based in Stockholm, Sweden, he was responsible for the company's global wireline infrastructure business.
"Over the past several years, UTStarcom has made great strides in expanding our global customer base. David's broad sales experience and proven track record for growing revenues and securing major international customers makes him a strong addition to the UTStarcom management team," said Mike Sophie, UTStarcom's COO. "We are delighted to welcome David to UTStarcom."
"Joining the UTStarcom team is an ideal opportunity for me to work with a dynamic company that is shaping the future of the global communications technology industry," said King. "UTStarcom has been at the forefront of developing cutting-edge, disruptive technologies for a number of years and has a tremendous opportunity to bring powerful solutions to meet operators' needs across the globe."
Before joining Ericsson, King completed his MBA at London Business School and spent seven years consulting in the telecoms industry in both Europe and the U.S. Prior to his MBA, he was an officer in the Royal Marines Officer.
The appointment of David King follows the announcement of Ari Bose, former VP and CIO at 3Com, as UTStarcom's CIO. The appointments of King and Bose build on UTStarcom's strategy for growth in international sales and follow the opening of the company's EMEA Headquarters in Paris and its debut at the leading wireless technologies event, the 3GSM World Congress and Exhibition, in February.
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 United States, China, Korea and India. UTStarcom is a FORTUNE 1000 company.
For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.
Forward-Looking Statements
This release includes forward-looking statements, including the foregoing statements regarding anticipated continued international expansion of UTStarcom and the anticipated importance of information technology infrastructure, that are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, the termination of significant contracts and/or strategic relationships, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company's products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factors identified in its latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission.
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