Mindspeed Announces Industry's First Multi-Mode, Voice-Pair Gain SHDSL Transceiver with Improved Line Utilization.

Business Editors/High-Tech Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 20, 2003

New ZipWire(TM) Single-Chip Solution Connects up to 36 Subscribers on

a Single Loop, Double the Density of Competing Devices in the Market

Today

Mindspeed(TM) Technologies Inc. (AMEX:MND) today announced a single-chip, multi-mode SHDSL voice-pair gain (VPG) transceiver that connects up to 36 subscribers on a single loop, up to twice as many subscribers as competing devices available in the market today.

Building on Mindspeed's advanced SHDSL technology, the ZipWire M28950 improves spectral compatibility and extends the loop reach over legacy SDSL technologies, enabling providers to serve both fast growing urban and rural areas. The new device offers service providers a cost-effective digital subscriber line (DSL) technology to deliver value-added services such as Internet access and voice service over a single copper pair.

The ZipWire M28950 is backwards compatible with Mindspeed's industry-leading symmetric DSL (SDSL) transceivers, offering customers a smooth and cost-effective transition from their legacy SDSL technologies.

"Our VPG multi-mode device will provide customers with a low-cost, high-performance pair gain system solution, while maintaining backwards compatibility with our legacy SDSL products," said Rammy Bahalul, product line manager for Mindspeed. "The M28950 will allow carriers to significantly increase the capacity of their existing copper infrastructure, easing the bandwidth burden in the access network."

"We are pleased to working with Mindspeed on our next-generation pair gain system," said Marco Dietrich, development director of ELCON Systemtechnik. "Mindspeed's state-of-the-art SHDSL technology, combined with high flexibility and backward-compatibility, gives us the ability to deploy our systems in key, emerging markets such as Europe -- especially Eastern Europe -- and Asia."

ELCON Systemtechnik is a German-based manufacturer of network termination and transmission products for ISDN, xDSL and PCM telecommunications networks. ELCON's new family of pair gain systems will include voice and digital (ISDN) units. Using Mindspeed's M28950 for the DSL portion will allow interworking with ELCON's deployed systems.

Technical Details

Equipped with an internal processor, the M28950 eliminates the need for complex real-time programming and reduces the effort required by the host software, resulting in faster time-to-market and lower cost for system manufacturers. The integrated processor protects customer investments by enabling additional features and performance improvements with only a software upgrade.

The M28950 provides a dedicated Z-bit signaling interface that, together with the integrated digital phase lock loop (DPLL) and slip buffer, provides a glue-less interface to widely-used CODECs and ISDN devices. The integrated DPLL provides N*64KHz clock generation and eliminates the need for an external clock source.

The multi-mode ZipWire VPG solution supports G.shdsl (G.991.2) SDSL and HDSL (2B1Q) technologies. The new device is backward-compatible with the company's large installed base of original ZipWire SDSL modem solutions that operate in 2B1Q mode. They also include full support for AutoBaud(TM) SDSL interoperability technology, which significantly enhances the connection set-up process between SDSL customer premises and central-office equipment operating at any one of the dozens of line rates that SDSL technology supports.

Mindspeed's M28950 offers the industry's highest level of functional integration, and feature low power consumption of 150mW.

Pricing and Availability

The M28950 has two package options: a 176-terminal, 13-mm, fine pitch ball grid array (FPBGA) and a 176-terminal, 24-mm, low profile quad flat pack (LQFP). Sample quantities and evaluation boards are available now and production will begin in the fourth calendar quarter of 2003. Per-unit OEM pricing in volumes of 10,000 for the M28950 is $14.

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 three key product families include multiservice access solutions designed to support voice and data services across wireline and wireless networks, T/E carrier physical-layer and link-layer products, and ATM/MPLS network processors. These focused product lines are complemented by a family of high-performance analog transmission and switching solutions.

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 www.mindspeed.com.

Safe Harbor Statement

Certain statements in this press release that relate to Mindspeed, including future results, are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results or events may differ materially from those projected as a result of certain risks and uncertainties including, but not limited to, those noted in 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.