Mindspeed VoIP Processors Offered with Siemens Family of SURPASS Media

    Business Editors/High-Tech Writers

    NEWPORT BEACH, Calif.--(BUSINESS WIRE)--April 27, 2005--Mindspeed Technologies Inc.(R) (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Siemens Communications Inc. is now offering Mindspeed's Comcerto(TM) Series voice-over-Internet Protocol (VoIP) processors with its SURPASS(TM) family of VoIP media gateways.
    SURPASS media gateways provide interoperability between the traditional public-switched telephone network (PSTN) and next-generation IP networks.
    SURPASS hiG gateways are deployed across 45 service provider networks in 32 countries around the world, including major cable and telecommunication operators in the United States.
    "Mindspeed's long-term commitment to VoIP resulted in Siemens selecting Mindspeed as a vendor for our SURPASS hiG carrier-grade VoIP gateways," said Eve Aretakis, president of Siemens Network Convergence LLC.
    "Mindspeed and Siemens have built a relationship extending over several years and generations of voice products," said Raouf Halim, Mindspeed's chief executive officer. "We are proud to be a supplier of VoIP processing solutions for Siemens' next generation of VoIP fixed-line networking systems."
    Mindspeed's Comcerto Series VoIP processors combine high-performance digital signal processing (DSP) cores and a packet-processing engine with industry-standard streaming packet interfaces to provide a high-density VoIP system-on-a-chip. Comcerto Series processors offer telecommunications equipment manufacturers a simple and cost-effective solution for designing systems capable of transporting carrier-class voice across both wireless and wireline networks.

    About Mindspeed Technologies(R)

    With headquarters in Newport Beach, Mindspeed Technologies Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks.
    The company's four 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, T/E carrier physical-layer and link-layer devices, and 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 the company at www.mindspeed.com.

    About Siemens Communications Inc.

    Siemens Communications Inc. offers its customers a broad portfolio of communication products and services and is a leader in convergent technologies, products and services for wireless, fixed and enterprise networks. The company's portfolio ranges from devices for end users to integrated network infrastructures and complementary services for enterprises, carriers and service providers. Siemens Communications Inc. has headquarters in Boca Raton, Fla. For more information, visit www.usa.siemens.com/communications.
    Note: SURPASS is a registered trademark of Siemens AG or its subsidiaries and affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders.
    This release contains forward-looking statements based on beliefs of Siemens management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements.

    Safe Harbor Statement

    This press release contains statements relating to Mindspeed, and our future results, including certain projections and business trends, that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results, and actual events that occur, may differ materially from those projected 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; availability and terms of capital needed for our business; our ability to reduce our cash consumption; successful development and introduction of new products; obtaining design wins and developing revenues from them; pricing pressures and other competitive factors; order and shipment uncertainty; fluctuations in manufacturing yields; product defects; intellectual property infringement claims by others and the ability to protect our intellectual property; our ability to maintain operating expenses within anticipated levels; the ability to attract and retain qualified personnel; and other risks and uncertainties, including those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements 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.

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CONTACT: Mindspeed Technologies Inc. Tom Stites (Media), 949-579-3650 or Timea Parris (Investors), 949-579-6283

KEYWORD: CALIFORNIA FLORIDA INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING PRODUCT SOURCE: Mindspeed Technologies Inc.

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