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Christian Louboutin Slingbacks UT Starcom introduced the restructuring of the Bo christian louboutin:
Sun Jin

communications technology service provider UT Starcom (UTSI.NASDAQ) yesterday announced the introduction of International Development & Investment Co., Ltd. Beijing Yizhuang (BEIID, three strategic investors, and the board and management restructuring, and corporate headquarters relocation.  
Under the agreement, Serious and two other independent international and investment institutions - Ram Max Group Limited Company and Shah Capital Management Capital Management will invest $ 48,500,Christian Louboutin sandals,000 UT Starcom. Serious International is a government-led by the investment company in Beijing has invested BOE (000725.SZ) BDA in Beijing and other large enterprises.  
under the investment agreement, UT Starcom will be issued at a price $ 2.2 per share of approximately 22 million common shares, including Serious and international funding $ 25,000,000,discount Christian Louboutin, Ram Max Group Limited Co., Ltd injection of $ 12,500,Christian Louboutin evening,000, Shah Capital Management Capital Management, injection of $ 11,000,000.  
trade has been completed, the State Administration of Radio, Film and Television Du Baichuan former deputy chief engineer, Serious and International Vice President Li Xiaoping, and Yellowstone Capital (Yellowstone Capital) Peter Wong, Managing Director of the ball are the board will enter UT Starcom . Two members of the original board of directors will resign from the relevant post, UT Starcom, the total number of board members increased from six to seven.  
UT Starcom Lu Ying has been appointed from the date of completion of the transaction, after three months as CEO, and Chief Executive Officer, Lu Ying optoelectronic components company in China Source Photonics as Joint Chief Operating Officer General Manager.  
UT Starcom, said Chairman Thomas Toy, UT Starcom, the development strategy of the company re-positioning, streamlining product lines, strengthen the balance sheet of the company post compression and optimization, addressing the company was involved in some litigation disputes, and with the Beijing Municipal Government and relevant agencies to build strong partnerships.  
agreement in accordance with the Development, UT Starcom will the company headquarters to Beijing. The company plans to retain its entire business,Christian Louboutin Slingbacks, Hangzhou and Shenzhen. Companies will be expected to invest 31 March 2010 to complete.  
Recently, UT Starcom also with the U.S. Securities and Exchange Commission (SEC) submitted a document, UT Starcom and new electronics manufacturing services company in the United States and Asia signed a manufacturing contract. Sanmina UT Starcom will be broadband communications, IPTV and NGN solution products, including manufacturing,red Christian Louboutin shoes, assembly and support package, including electronics manufacturing services, these products are now owned by the UT Starcom Communications is responsible for the factory in Hangzhou manufacturing.  
UT Starcom under the reorganization plan was announced restructuring, job cuts at the end of the year about 50% to 2,000, contract manufacturing business, the annual operating cost to $ 100,000,000 less the focus of human resources China, India and other countries and area-based market, IPTV and broadband-based solutions to accelerate the speed of the company return to profitability.  

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