Mindspeed Achieves LTE Standards Compliance for Transcede Reference Software Using Agilent Technologies’ SystemVue Environment

Transcede Processor’s 4G Wireless Baseband Libraries Have Been Verified for Layer 1 Compliance

NEWPORT BEACH, Calif. — (BUSINESS WIRE) — March 22, 2010 — Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that the company’s reference software for its recently introduced Transcede™ baseband processor has been verified for compliance with the latest long-term evolution (LTE) Layer 1 standard 3rd Generation Partnership Project (3GPP) TS 36.141. Mindspeed used the Agilent Technologies’ SystemVue design environment to model the baseband processing algorithms and create a standard verification test suite that enabled it to quickly develop and deploy its reference software, which Transcede customers can use to dramatically accelerate time to market for LTE basestation equipment.

“Mindspeed is excited to collaborate with Agilent and use the SystemVue platform in the development of both our LTE and WiMAX™ basestation reference PHY libraries for the Transcede wireless baseband processor,” said Bob Buckley, vice president of carrier product development for Mindspeed. “The SystemVue platform, with its wireless libraries and graphical interface, enables the Mindspeed design team to rapidly verify PHY algorithms from the component level through to the full system, and to quickly and efficiently generate test vectors with very complex usage models. It will give our customers great comfort to know that the Transcede 4000 basestation reference WiMAX and LTE PHY algorithms are continuously tested for standards compliance against Agilent's SystemVue reference.”

“Agilent has worked closely with Mindspeed, who was an early adopter of our SystemVue platform and our W1913 WiMAX and W1912 LTE baseband exploration libraries. Today we recognize the Mindspeed® Transcede 4000 device as an industry-leading application SoC for WiMAX and LTE basestation baseband processing,” said Jian Yang, ESL Integrating Manager for Agilent EEs of EDA, Agilent. “We are proud to participate in the design and verification of such revolutionary products.”

The Transcede family of system-on-chip (SoCs) 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® DSPs and 10 DSP accelerators that support the complete wideband code-division multiple access (W-CDMA), LTE or WiMAX (Layers 1, 2 and above) processing needs of single- and multi-sector base stations. Transcede family SoCs can deliver three sectors of LTE processing in a single device, while still providing substantial processing headroom, allowing manufactures to deploy their own value-added features as part of an overall Transcede-based solution.

Availability

The Transcede LTE and WiMAX reference software is sampling now and will be generally available to customers in June 2010.

CTIA Wireless 2010

Meet with Mindspeed at CTIA Wireless 2010 in Las Vegas, Nev. Mar. 22-25, 2010, to learn more about the Transcede family of wireless baseband processors.

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: multiservice access, 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.

About Agilent SystemVue

SystemVue is Agilent Technologies’ electronic design automation (EDA) platform for electronic system-level (ESL) design. SystemVue cuts physical layer (PHY) design time in half for high-performance communications algorithms and system architectures in wireless and aerospace/defense applications. It provides algorithmic modeling tools, IP references, and links baseband design flows with RF models, simulators, and test equipment to accelerate design maturity and unify design organizations. Agilent SystemVue is also compatible with and is used to design the company's test and measurement equipment.

To learn more, visit www.agilent.com/find/eesof-systemvue.

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 product availability. 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: cash requirements and terms and availability of financing; future operating losses; worldwide political and economic uncertainties, and specific conditions in the markets we address; fluctuations in the price of our common stock and our operating results; loss of or diminished demand from one or more key customers or distributors; our ability to attract and retain qualified personnel; constraints in the supply of wafers and other product components from our third-party manufacturers; pricing pressures and other competitive factors; successful development and introduction of new products; doing business internationally and our ability to successfully and cost effectively establish and manage operations in foreign jurisdictions; industry consolidation; 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 January 1, 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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