Mindspeed Technologies Receives 2010 4GWE LTE Visionary Award

Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Technology Marketing Corporation (TMC), a global integrated media company, in conjunction with Crossfire Media, has recognized Mindspeed’s Transcede™ wireless baseband processor as a recipient of the 2010 LTE Visionary Award presented by its 4GWE Website.

"We are pleased to receive this award, which validates the role that scalable base station architectures will play as mobile network operators migrate to 4G,” said Alan Taylor, director of marketing for the communications convergence processing business unit at Mindspeed. "We have addressed this challenge with a family of processors that enable designers to leverage a common software architecture and programming model as they build tomorrow’s picocells, microcells and macrocells.”

Mindspeed recently announced that the Transcede 4000 processor had been honored as the year's Best Mobile Technology Breakthrough at the Mobile Excellence Awards (MEA). The 2010 MEA winners were announced at the annual MEA gala on December 6, 2010 at the Paramount Studios in Los Angeles, CA.

The Transcede 4000 integrates an unprecedented 26 programmable processors into a single device, including two ARM® Cortex A9® multi-core symmetric multiprocessing (SMP) reduced instruction set computer (RISC) processors, 10 CEVA® digital signal processors (DSPs) and 10 DSP accelerators, enabling equipment manufacturers to fully support the complete processing needs of single- and multi-sector base stations. Transcede-based designs have substantial processing headroom for value-added software features that developers can also readily port to other Transcede-based platforms, from picocells and enterprise femtocells to the largest macrocell implementations.

"Mindspeed’s achievement in advancing 4G through LTE development is worthy of being selected as recipient of the 4GWE LTE Visionary Award,” said Carl Ford, co-founder and community developer, Crossfire Media. "Mindspeed Technologies is an innovator and one to watch for the next evolution of mobile industry solutions.”

"It is an honor to bestow Mindspeed with this award. The company’s contribution toward the future of mobile broadband is commendable,” said Rich Tehrani, CEO, TMC. "I look forward to more innovation from Mindspeed in the future.”

About TMC

Technology Marketing Corporation (TMC) is a global, integrated media company helping our clients build communities in print, in person and online. TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, NGN and InfoTECH Spotlight magazines. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. For more information about TMC, visit www.tmcnet.com.

About Crossfire Media

Crossfire Media is an integrated marketing company with a core focus on future trends in technology. We service communities of interest with conferences, tradeshows, webinars and newsletters. Crossfire Media services also include providing insight to technology companies and associations to assist in the development of business and technical strategy as well as the development and implementation of effective communications and marketing strategy. To implement communications and marketing strategies, Crossfire Media utilizes a variety of physical and virtual experiences including web, publications, face to face events, and webinars.

About Mindspeed Technologies

Mindspeed designs, develops and sells semiconductor solutions for communications applications in the wireline and wireless network infrastructure, which includes enterprise networks, broadband access networks (fixed and mobile), and metropolitan and wide area networks. We have organized our solutions for these interrelated and rapidly converging networks into three families. Our communications convergence processing (CCP) products include ultra-low-power, multi-core digital signal processor (DSP) system-on-chip (SoC) products for the fixed and mobile (3G/4G/LTE) carrier infrastructure and residential and enterprise service platforms. Our high-performance analog (HPA) products solve difficult switching, timing and synchronization challenges in next-generation optical networking, enterprise storage and broadcast video transmission applications. Our wide area networking (WAN) communications portfolio helps optimize today’s circuit-switched networks. Mindspeed’s products are sold to original equipment manufacturers (OEMs) for use in a variety of network infrastructure equipment which serves these markets.

To learn more, please visit www.mindspeed.com.

Safe Harbor Statement

This press release contains 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. Such statements include statements regarding the company's expectations, goals or intentions, including, but not limited to, product features and their benefits. These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about the company and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements. These risks and uncertainties include, but are not limited to: fluctuations in our operating results and future operating losses; worldwide political and economic uncertainties and specific conditions in the markets we address; constraints in the supply of wafers and other product components from our third-party manufacturers; fluctuations in the price of our common stock; cash requirements and terms and availability of financing; loss of or diminished demand from one or more key customers or distributors; our ability to attract and retain qualified personnel; doing business internationally and our ability to successfully and cost effectively establish and manage operations in foreign jurisdictions; pricing pressures and other competitive factors; successful development and introduction of new products; lengthy sales cycles; order and shipment uncertainty; our ability to obtain design wins and develop revenues from them; the expense of and our ability to defend our intellectual property against infringement claims by others; product defects and bugs; business acquisitions and investments; and our ability to utilize our net operating loss carryforwards and certain other tax attributes. Risks and uncertainties that could cause the company's actual results to differ from those set forth in any forward-looking statement are discussed in more detail under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's Annual Report on Form 10-K for the quarter ended November 22, 2010, as well as similar disclosures in the company's subsequent SEC filings. Forward-looking statements contained in this press release are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.