LG Electronics Selects Mindspeed IMA Solutions For CDMA2000 Wireless System.Business Editors/High-Tech Writers NEWPORT BEACH, Calif.--(BUSINESS WIRE)--May 17, 2004 LGE Chooses Mindspeed's CX28229/5 IMA (Interactive Multimedia Association, Annapolis, MD) An earlier trade association founded in 1988 originally as the Interactive Video Industry Association. It provided an open process for adopting existing technologies and was involved in subjects such as networked services, scripting Devices for its Carrier-Class CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. 2000 Wireless Base Station Controller Mindspeed Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MSPD MSPD Memory Stick Pro Duo MSPD Matrix Solid Phase Dispersion ), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that LG Electronics Ltd. has chosen Mindspeed's 8-port CX28229 and 4-port CX28225 inverse multiplexing over ATM (IMA) devices for use in its STAREX-IS CDMA2000 wireless base transceiver station Base Transceiver Station (BTS) is the equipment which facilitates the wireless communication between user equipments (UE) and the network. UEs are devices like mobile phones (handsets), WLL phones, computers with wireless internet connectivity, WiFi and WiMAX gadgets etc. (BTS) and base station controller (BSC (Binary Synchronous Communications) See bisync. ). LG Electronics has a long history of supplying high-performance telecommunications infrastructure equipment for both wireline and wireless networks worldwide. LGE will use Mindspeed's IMA devices to transport traffic from the BTS to the BSC over multiple T1/E1 links. "Mindspeed is a proven leader in ATM and IMA solutions," said J.P. Hong, senior research manager of the CDMA Network Division at LG Electronics. "Mindspeed's IMA devices enable us to deliver superior quality systems and allow our customers to build cost-effective wireless networks." "We are proud that LG Electronics is utilizing our IMA devices in their latest CDMA2000 offering," said Taqi Mohiuddin, product line manager for Mindspeed. "Our field-proven IMA solutions will allow LGE to provide high-performance, scaleable solutions to meet different BTS to BSC transport bandwidth requirements." Mindspeed's CX28229 and CX28225 are general purpose IMA devices suitable for both DSL and T1/E1 applications. By integrating the transmission convergence function, the devices can provide Utopia 2 or serial line connectivity to T1/E1 framers and DSL transceivers. Combine this with Mindspeed's IMA software driver for a simple, fast way to add IMA to any system. With the recent introduction of 32- and 16-port IMA products, Mindspeed's family of IMA devices can support applications ranging from 2- to 32-ports with a single-chip solution. Mindspeed's IMA solutions are ideal for a wide range of networking systems, including access concentrators, digital subscriber loop Digital Subscriber Loop - Digital Subscriber Line access multiplexers (DSLAMs), integrated access devices (IADs), DSL modems, third generation (3G) wireless base stations, multi-service platforms, T1/E1 line cards, and DSL line cards. About Mindspeed Technologies(TM) 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 In telephone communications, a technology that increases the number of channels in the local loop by converting analog signals to digital and multiplexing them back to the end office. equipment. To learn more, visit the company at www.mindspeed.com. About LG Electronics LG Electronics is a major global player in electronics & telecommunications, operating 72 subsidiaries around the world with over 55,000 employees worldwide. LG Electronics focuses on telecommunication equipment, mobile handsets, digital TV, CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast. , DVD-RW (DVD-Read Write) A rewritable (re-recordable) DVD disc for both movies and data from the DVD Forum. Also called "DVD Dash RW" and "DVD Minus RW," DVD-RW uses phase change recording. The media hold 4.7GB per side and can be rewritten 1,000 times. , PCs, monitors, CRTs and PDPs. LG Electronics is strengthening core competencies even more to further its reputation as the "digital leader" in electronic products and equipment in the digital era. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; availability of capital needed for the company's business; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; the availability of manufacturing capacity; pricing pressures and other competitive factors; fluctuations in manufacturing yields; product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the successful implementation of the company's expense reduction and restructuring initiatives; the ability to attract and retain qualified personnel; and the uncertainties of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , as well as 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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