UTStarcom Strengthens Management Team With New Senior Vice President of Global Supply Chain Management
ALAMEDA, Calif., Nov. 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced it has appointed
Jimmy Khoo to the position of
senior vice president of global supply chain. Khoo will be responsible for
managing the company's worldwide end-to-end supply chain.
Veteran Hewlett-Packard Executive Brings Significant Logistical Experience to IP Networking Leader
'Strengthening our executive management team remains a top priority at
UTStarcom as the company continues to refine its strategy and return to
profitability,' said
UTStarcom, Inc. '
supply chain management from his time at Hewlett-Packard that will enable him
to be successful in his new role overseeing worldwide supply chain activities
at UTStarcom.'
'UTStarcom is a leader in IP networking solutions with a proven track
record of developing innovative communications technologies for top-tier
carriers around the world,' Khoo said. 'As the company continues to mature, it
is imperative that the supply chain organization evolve with it to ensure that
UTStarcom efficiently and cost effectively delivers product to our customers
on time.'
In his 17-year tenure with Hewlett-Packard, Khoo served in a variety of
management positions in engineering, manufacturing, quality, distribution and
logistics, most recently as the Asia Pacific Logistics Director in
In
award as a part of the Freight Transport Buyer Asia Logistics Awards 2006.
Prior to working at Hewlett-Packard, Khoo was operations manager at Precision
Valves Ltd. He earned his masters of business administration from Nanyang
Technological University in
electrical engineering from The Ohio State University.
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
www.utstar.com.
Forward-Looking Statements
This release includes forward-looking statements, including the foregoing
statements regarding the anticipated continued return to profitability by the
Company, and the expectations regarding
These statements are forward-looking in nature and subject to risks and
uncertainties that may cause actual results to differ materially. These risk
factors include the changing nature of global telecommunications markets,
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.
SOURCE UTStarcom, Inc.