Mindspeed(R) and ARM Deliver Dual-Core Comcerto(R) 100 Processors With Leading Performance/Low Power

NEWPORT BEACH, CA -- (MARKET WIRE) -- Jul 29, 2008 -- Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that it has achieved industry-leading performance for power-sensitive applications through an ongoing collaboration with ARM in designing Comcerto 100 broadband gateway processors.

The Comcerto 100 provides the leading performance-power-cost profile in its class, delivering 2 Gbps at 1.7W power with two channels of voice-over-IP (VoIP). The integrated system-on-chip (SoC) features two ARM1136J-S™ processors, offering broadband gateway manufacturers a single-chip solution with an attractive bill-of-materials (BOM) cost.

Other advancements to result from the collaboration include the development of carrier-grade voice with Mindspeed enhanced echo cancellation for emerging applications including voice-enabled end nodes at the customer premises.

"We are proud of the performance we have achieved to date with our family of Comcerto broadband gateway processors," said Preet Virk, senior vice president and general manager of Mindspeed's enterprise and customer premise equipment. "The ARM architecture enables us to offer service providers the quality of service (QoS) functionality they require for today's sophisticated applications and the performance to support future multimedia capabilities delivered to multiple end-nodes."

"Mindspeed's Comcerto 100 family realizes the performance requirements of next-generation broadband gateways for power-sensitive communication applications such as power-over-Ethernet (PoE) enabled access points," said Ian Ferguson, director Enterprise Solutions, ARM. "We look forward to continuing to work with Mindspeed to address service provider gateway requirements for delivering voice, data, video and cellular applications to homes and small businesses."

With real-time processing such as voice, video and packet forwarding optimized to reside on one of the ARM processors and non real-time processing such as network monitoring and subscriber management on the second; the Comcerto 100 broadband gateway architecture protects the quality and reliability of revenue-bearing services while providing application headroom for future service deployments. Because of this asymmetric multicore partitioning, OEMs and service providers can easily program higher level applications without worrying about the impact to real- time functionality or headroom limitations due to shared processing resources.

About Mindspeed Technologies®

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks.

The company's three key product families include high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices as well as ATM/MPLS network processors.

Mindspeed's products are used in a wide variety of network infrastructure equipment, including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers and digital loop carrier equipment.

To learn more, visit us at www.mindspeed.com

About ARM

ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM's comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools. Combined with comprehensive design services, training, support and maintenance, and the company's broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies. More information on ARM is available at http://www.arm.com.

ARM is a registered trademark of ARM Limited. Cortex, MPCore and ARM1136J-S are trademarks of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries: ARM, Inc.; ARM KK; ARM Korea Ltd.; ARM Taiwan Limited; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; AXYS Design Automation Inc.; ARM Germany GmbH; ARM Embedded Technologies Pvt. Ltd.; and ARM Norway, AS.

Safe Harbor Statement

This press release contains statements relating to future results of Mindspeed Technologies, Inc. (including certain projections and business trends) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the "safe harbor" created by those sections. Words such as "expect," "anticipate," "outlook," "could," "target," "project," "intend," "plan," "believe," "seek," "estimate," "should," "may," "assume," "continue," variations of such words and similar expressions are intended to identify such forward-looking statements. Actual results, and actual events that occur, may differ materially from those projected in any forward-looking statement as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: market demand for our new and existing products and our ability to increase our revenues; our ability to further generate cash; availability and terms of capital needed for our business; downturns in the semiconductor industry; political and economic uncertainties affecting our foreign operations; our ability to maintain operating expenses within anticipated levels; constraints in the supply of wafers and other product components from our third-party manufacturers; our ability to successfully and cost effectively establish and manage operations in foreign jurisdictions; our ability to attract and retain qualified personnel; successful development and introduction of new products; our ability to successfully integrate acquired businesses and realize the anticipated benefits from such acquisitions; our ability to obtain design wins and develop revenues from them; pricing pressures and other competitive factors; industry consolidation; order and shipment uncertainty; changes in our customers' inventory levels and inventory management practices; fluctuations in manufacturing yields; product defects; and intellectual property infringement claims by others and the ability to protect our intellectual property, as well as other risks and uncertainties, including those detailed under the heading "Risk Factors" and in other sections of our Form 10-Q for the quarter ended March 28, 2008, which is on file with the Securities and Exchange Commission, and in our other current and periodic reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements in this press release are made as of the date hereof, based on information available to Mindspeed as of the date hereof, and we assume no obligation to update any forward-looking statement.

Editorial Contact:
Tom Stites
Mindspeed Technologies, Inc.
(949) 579-3650

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