[UTStarcom Reports Unaudited Financial Results for the Second Quarter of 2015 Hong Kong, August 14, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the second quarter ended June 30, 2015. Mr. William Wong, UTStarcom’s Chief Executive Officer, stated, “We are pleased that our results for the second] []
[UTStarcom Reports Unaudited Financial Results for the Second Quarter of 2015 Hong Kong, August 14, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the second quarter ended June 30, 2015. Mr. William Wong, UTStarcom’s Chief Executive Officer, stated, “We are pleased that our results for the second] []
[BINDING TERM SHEET Term Sheet Investor Target Shah Sellers Lu Sellers Shah Seller Lu Seller Sellers Transaction Party Parties This binding term sheet (this Binding Terms The Parties intend that the provisions of this Term Sheet (the Overview of the Transaction: Ordinary Shares Sale Shares Currently, the Sellers hold a total of 11,739,932 ordinary shares of the Target,] [SCHEDULE 13D CUSIP No. 918076100 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) ¨ x (a) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 ¨ 6 CITIZENSHIP OR PLACE OF ORGANIZATION North Carolina NUMBER]
[BINDING TERM SHEET Term Sheet Investor Target Shah Sellers Lu Sellers Shah Seller Lu Seller Sellers Transaction Party Parties This binding term sheet (this Binding Terms The Parties intend that the provisions of this Term Sheet (the Overview of the Transaction: Ordinary Shares Sale Shares Currently, the Sellers hold a total of 11,739,932 ordinary shares of the Target,] [SCHEDULE 13D CUSIP No. 918076100 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) ¨ x (a) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 ¨ 6 CITIZENSHIP OR PLACE OF ORGANIZATION North Carolina NUMBER]
[UTStarcom Announces Change of Auditor HONG KONG, July 21, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that it has dismissed PricewaterhouseCoopers Zhong Tian LLP (“PwC”) and appointed GHP Horwath, P.C. (“GHP Horwath”) as the Company’s independent auditor effective July 21, 2015. The Company’s Audit Committee and Board of Directors participated in] []
[UTStarcom Announces Change of Auditor HONG KONG, July 21, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that it has dismissed PricewaterhouseCoopers Zhong Tian LLP (“PwC”) and appointed GHP Horwath, P.C. (“GHP Horwath”) as the Company’s independent auditor effective July 21, 2015. The Company’s Audit Committee and Board of Directors participated in] []
[] [CERTIFICATION I, William Wong, certify that: 1. I have reviewed this annual report on Form 20-F/A of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [CERTIFICATION I, Min Xu, certify that: 1. I have reviewed this annual report on Form 20-F/A of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2015 Chief Executive Officer] [(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2015 Chief Financial Officer] [iTV MEDIA INC. CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013 iTV MEDIA INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Page Consolidated Financial Statements Independent Auditor’s Report 2 – 3 Consolidated Balance Sheets as of December 31, 2014 and 2013 4 – 5 Consolidated Statements of Operations and Comprehensive Loss for the Years Ended December 31, 2014] [CONSENT OF INDEPENDENT AUDITOR We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated June 30, 2015 relating to the consolidated financial statements of iTV Media Inc., which appears in this Amendment No. 1 to Annual Report]
[] [CERTIFICATION I, William Wong, certify that: 1. I have reviewed this annual report on Form 20-F/A of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [CERTIFICATION I, Min Xu, certify that: 1. I have reviewed this annual report on Form 20-F/A of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2015 Chief Executive Officer] [(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2015 Chief Financial Officer] [iTV MEDIA INC. CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013 iTV MEDIA INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Page Consolidated Financial Statements Independent Auditor’s Report 2 – 3 Consolidated Balance Sheets as of December 31, 2014 and 2013 4 – 5 Consolidated Statements of Operations and Comprehensive Loss for the Years Ended December 31, 2014] [CONSENT OF INDEPENDENT AUDITOR We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated June 30, 2015 relating to the consolidated financial statements of iTV Media Inc., which appears in this Amendment No. 1 to Annual Report]
[UTStarcom Reports Unaudited Financial Results for the First Quarter of 2015 -Further Enhanced Operating Efficiency- - Provides Update on Strategic Initiatives, Company Direction and Business Outlook - Hong Kong, June 05, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the first quarter ended March 31, 2015. Mr.] []
[UTStarcom Reports Unaudited Financial Results for the First Quarter of 2015 -Further Enhanced Operating Efficiency- - Provides Update on Strategic Initiatives, Company Direction and Business Outlook - Hong Kong, June 05, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the first quarter ended March 31, 2015. Mr.] []
