02.08.2010 10:44:00
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ZTE Selects Mindspeed’s Comcerto 300xv VoIP Processor for Network Access Equipment Solutions
Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, has selected Mindspeed®’s Comcerto® 300xv voice-over-IP (VoIP) processor for use in ZTE’s xPON access products.
ZTE's network access products enable service providers in China to deliver voice and high-speed broadband services to subscribers in multi-tenant dwellings and office buildings, with significantly lower capital and operating expenses than traditional voice networks.
"Mindspeed's Comcerto 300xv family of VoIP processors provides a complete VoIP media processing solution with minimal design modifications,” said Mr. Chen Hairong, the hardware director of ZTE’s Network Department. "Today’s users increasingly demand higher levels of service from the telecommunications provider. By utilizing the Comcerto 300xv, ZTE is able to provide the large-capacity, high-speed, wide-bandwidth and high-quality data, video, voice and multimedia services necessary to address these demands.”
"We are pleased that ZTE continues to adopt Comcerto solutions for their network access equipment products,” said Ernest Muhigana, marketing director for carrier VoIP products at Mindspeed. "Comcerto devices are available in a broad range of channel densities and common packages, all operating Mindspeed's field-proven software. This allows customers to develop lower-density systems well suited to remotely deployed access equipment, as well as higher-density systems supporting thousands of channels for core network applications, while offering a common set of industry-leading features and capabilities.”
About ZTE Corporation
ZTE is China's largest listed telecoms manufacturer with shares publicly traded on both Hong Kong Stock Exchange and Shenzhen Stock Exchange.
Founded in 1985, ZTE Corporation has been listed as an A-Share company on Shenzhen Stock Exchange since 1997. In December 2004, ZTE was successfully listed on the Main Board of The Stock Exchange in Hong Kong. ZTE recorded the contract sales of approximately USD 4,111 million (RMB 34 billion) in 2004.
ZTE Corporation is the pioneer of China’s telecommunications equipment manufacturing industry, and a comprehensive provider of telecommunications equipment, mobile terminals and services. With its three product series, i.e. wireless, network and terminal (mobile phone), ZTE is capable of providing global customers with diversified integrated telecommunications networking solutions and a wide range of professional services.
To learn more, visit www.zte.com.cn
About Mindspeed Technologies
Mindspeed Technologies, Inc. designs, develops and sells semiconductor solutions for communications applications in the wireline and wireless network infrastructure, which includes today's separate but interrelated and converging enterprise, broadband access, metropolitan and wide area networks. Our products are classified into three focused product families: communications convergence processing, high-performance analog and wide area networking communications. Our products are sold to original equipment manufacturers (OEMs) for use in a variety of network infrastructure equipment, including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers, digital loop carrier equipment, IP private branch exchanges (PBXs), optical modules, broadcast video systems and wireless base station equipment.
To learn more, visit us at 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 and deployments and our ability to benefit from them. 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; fluctuations in the price of our common stock; constraints in the supply of wafers and other product components from our third-party manufacturers; 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; order and shipment uncertainty; our ability to obtain design wins and develop revenues from them; lengthy sales cycles; 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 Quarterly Report on Form 10-Q for the quarter ended April 2, 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.
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