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The Company intends to request a hearing before a Nasdaq Listing
Qualifications Panel (the 'Panel') to review the Nasdaq staff's determination.
The hearing request will stay the delisting of the Company's common stock
pending the Panel's decision. There can be no assurance that the Panel will
grant the Company's request for continued listing.

As previously announced, the delay in filing the 2005 Form 10-K is due to
the Company needing additional time (i) to enable the Audit Committee of the
Board of Directors of the Company to complete an investigation with regard to
the circumstances surrounding the premature recognition of revenue on a
contract with a customer in India and certain other transactions and (ii) for
management to complete the preparation of its 2005 consolidated financial
statements and its assessment as of December 31, 2005 of the Company's
internal control over financial reporting under Section 404 of the
Sarbanes-Oxley Act of 2002. The Company currently anticipates filing the 2005
Form 10-K on or about April 30, 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 United States, China, Korea
and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit the company's Web site at
www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, statements about
the anticipated date of filing with the Securities and Exchange Commission of
the 2005 Form 10-K, are forward-looking in nature. Those statements are
subject to risks and uncertainties that may cause actual results to differ
materially, including the risks that the Audit Committee's investigation
and/or management's preparation of the Company's 2005 consolidated financial
statements and its assessment of the Company's internal control may not be
completed prior to April 30, 2006. 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.