UTStarcom and VeriSign Announce Joint Marketing Agreement That Will Offer CALEA Service To VoIP Providers from VeriSign, Inc.

UTStarcom and VeriSign Announce Joint Marketing Agreement That Will Offer CALEA Service To VoIP Providers

Agreement Helps Both Companies Reach New Markets and New Customers, Gives VoIP Providers Easy Access to Leading IP Softswitch and CALEA Compliance Services

Alameda, Calif., and Tulsa, Okla., Nov. 10, 2004 — UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP access and core networking and services, and VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for Internet and telecommunications networks, today announced a joint marketing agreement through which both companies will work together to increase market reach and attract new customers. As a part of this agreement, UTStarcom will refer its mSwitch™ IP telecom softswitch platform customers — those who need assistance in compliance with the Communications Assistance for Law Enforcement Act (CALEA) — to the VeriSign® NetDiscoverySM Service. The two companies have made NetDiscovery interoperable with mSwitch in order to support service providers’ voice-over-IP (VoIP) and other voice-over-broadband (VoBB) deployments.

UTStarcom’s mSwitch platform supports traditional PSTN and softswitch protocols, seamlessly bridging the gap between existing circuit-switched platforms and next-generation packet-switched networks, while enabling service providers to offer VoBB services. VeriSign’s NetDiscovery Service is a lawful-assistance and CALEA-compliance service that handles provisioning, access, delivery, and collection of call information for service providers and network operators, to facilitate directives from Law Enforcement Agencies (LEAs). Until recently, CALEA applied only to PSTN switches. Recently, the Federal Communications Commission (FCC) published a proposed rulemaking regarding the applicability of IP voice services to CALEA, which is expected to take effect early next year. 

“Interoperation between our mSwitch and VeriSign’s NetDiscovery Service adds value by meeting service providers’ needs for regulatory services,” said Farshid Mohammadi, general manager of switching, North America and International, at UTStarcom. “The FCC is now recommending that VoBB service providers comply with CALEA. UTStarcom can take advantage of the agreement with VeriSign to make the widest range of options, including the leading hosted CALEA service, available to service providers that offer VoBB. Because VeriSign has a global presence, the agreement also offers a huge value to UTStarcom’s international customers.”

“VeriSign typically works directly with carriers for our comprehensive portfolio of managed communications services,” said Raj Puri, vice president of VeriSign NetDiscovery services. “Our agreement with UTStarcom gives an additional avenue for reaching a whole new VoBB provider market for our hosted CALEA services. We anticipate that the agreement will also increase our value to our existing PSTN customers that are looking to expand into IP voice services.” 

Cost-Effective, Easy CALEA Compliance 
Meeting CALEA compliance with assistance from VeriSign’s outsourced service model helps minimize capital and operational expenses for providers that employ UTStarcom’s mSwitch. CALEA requires carriers to assist LEAs in lawfully authorized interception and subpoena requests for subscriber records. To comply, carriers often have to purchase dedicated hardware, invest heavily in training, and maintain connectivity with a variety of LEAs. The VeriSign NetDiscovery Service greatly streamlines CALEA compliance requirements by maintaining all LEA connections, and it eliminates the need for UTStarcom’s mSwitch users to purchase costly equipment.

The VeriSign service offers secure and streamlined administration and a multitude of connectivity options that help reduce the burden and expense of compliance for a service provider, allowing them to more easily fulfill the mandates of lawful interception.

About VeriSign 
VeriSign, Inc. (Nasdaq: VRSN) delivers intelligent infrastructure services that make the Internet and telecommunications networks more reliable and secure. Every day VeriSign helps thousands of businesses and millions of consumers conduct commerce and communications with confidence. Additional news and information about the company is available at www.verisign.com.

About UTStarcom, Inc. 
UTStarcom is a global leader in IP access and core networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth 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 New Jersey, China, and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit www.utstar.com.

 
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, (1) the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign's announced strategic relationships, including the relationship described herein: (a) may be subject to certain conditions, restrictions, limitations, contingencies, termination rights, and other terms that could prevent or delay VeriSign from recognizing the potential benefits of the relationship; (b) may not result in additional products, services, customers, profits or revenues; and (2) increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2003 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.

UTStarcom Contact 
Chesha Kamieniecki 
Senior Manager of Investor Relations 
UTStarcom, Inc. 
510-749-1560

VeriSign Contact 
Leslie Rubin 
Corporate Communications 
VeriSign, Inc. 
650-426-5363 
lrubin@verisign.com

Press Contact 
Stephanie Gallagher 
Engage PR 
510-748-8200, ext. 213 
stephanie@engagepr.com

###