Verizon Wireless And UTStarcom Announce New EV-DO Card For Nation's Largest And Fastest Wireless Broadband Network
Verizon Wireless And UTStarcom Announce New EV-DO Card For Nation's Largest And Fastest Wireless Broadband NetworkNew Verizon Wireless PC 5740 Card Provides Fast and Easy Access to Wireless Broadband Network
Please call Mark Shander for details - 602-999-0605 or email at mark.shander @ verizonwireless.com .
07/27/2005
BEDMINSTER, NJ and HAUPPAUGE, NY -- Verizon Wireless, owner and
operator of the nation's largest and fastest wireless broadband
network, and UTStarcom Personal Communications, a division of
UTStarcom, Inc. (NASDAQ: UTSI) and a leading provider of innovative
wireless devices, announced today the immediate availability of the
Verizon Wireless PC 5740 wireless PC Card for use on Verizon Wireless'
Evolution-Data Optimized (EV-DO) network. With the PC 5740 Card,
customers can take advantage of Verizon Wireless' BroadbandAccess
wireless broadband service that provides access with average speeds of
400 - 700 kbps based on Verizon Wireless' network tests in more than 50
major metropolitan markets and 57 airports in the nation.
Marketed by UTStarcom Personal Communications, the PC 5740 dual-band
(800/1900 MHz) CDMA2000 1xEV-DO wireless Type II PCMCIA card allows
users to connect to the BroadbandAccess network. The wireless PC Card
is compatible with Microsoft Windows 98, Windows ME, Windows 2000 and
Windows XP, measures 4.56" x 2.08" x 0.39" and fits into a standard
PCMCIA slot.
BroadbandAccess, Verizon Wireless' premier service for businesses,
gives enterprise customers a fast and reliable connection to the
Internet to help them stay in touch with the office and customers when
they are traveling. BroadbandAccess also enables customers to tap into
applications and tasks with their laptops that are more suited to
broadband data speeds.
Because the technology platform BroadbandAccess runs on is backward
compatible - a distinct advantage to using CDMA technology - customers
who travel outside a BroadbandAccess coverage area with the PC 5740
Card will seamlessly switch to Verizon Wireless' existing 1xRTT
NationalAccess network to remain connected to their customers and the
office while on the road.
The PC 5740 is available for $49.99 after a $50 mail-in rebate with a
two-year customer agreement; Verizon Wireless' BroadbandAccess
wide-area wireless broadband service is available for $79.99 monthly
access for unlimited use.
For more information about Verizon Wireless' products and services,
visit www.verizonwireless.com. For more information about UTStarcom
Personal Communications, visit http://www.utstar.com.
About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless
voice network, serving 47.4 million voice and data customers.
Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of
Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find
more information on the Web at www.verizonwireless.com. To preview and
request broadcast-quality video footage and high-resolution stills of
Verizon Wireless operations, log on to the Verizon Wireless Multimedia
Library at www.verizonwireless.com/multimedia.
About UTStarcom Personal Communications
UTStarcom Personal Communications is changing the way the world
communicates through innovative wireless technology applications that
deliver practical, reliable and flexible communications solutions to
improve professional productivity and enhance personal lifestyles.
UTStarcom Personal Communications (formerly Audiovox Communications
Corp.) provides wireless communications devices including handsets,
PocketPCs and wireless modems to carriers throughout North and South
America. The company's products are manufactured by its parent
company, UTStarcom, Inc. (NASDAQ: UTSI), and by third-party original
equipment manufacturers. UTStarcom Personal Communications Division is
based in Hauppauge, New York, and maintains offices and support
facilities throughout the U.S., Canada and Latin America.
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.
Founded in 1991 and headquartered in Alameda, California, the company
has research and design operations in the United States, China, Korea
and India.
Forward-Looking Statements
The foregoing statements regarding, without limitation, the anticipated
ease and speed with which laptop users may make wireless connections
using the PC 5740, the ability of the PC 5740 to provide full
functionality combined with mobility and the anticipated pricing and
service terms of the PC 5740, are forward-looking in nature and are
subject to risks and uncertainties that may cause actual results to
differ materially. These factors include rapidly changing technology,
the changing nature of the telecommunications market in general and the
wireless market in particular, the possibility of slower than expected
growth in the telecommunications markets, evolving product and
application standards, changes or delays in product introductions and
deployments (including, but not limited to, the introduction of the PC
5740), the termination or material amendment of significant contracts,
partnerships or alliances,
including those with Verizon Wireless, and other uncertainties, su
ch as changes in government regulation and licensing requirements in
relevant markets. UTStarcom also refers readers to the risk factors
identified in its 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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