Wave7 Optics Selects Mindspeed(R) Laser Driver & Amplifier for Optical Network Termination Platform.

Mindspeed's Burst-Mode Laser Driver and Post Amplifier Maximizes Performance

for Wave7 Optics Fiber-to-the-Premises Products

NEWPORT BEACH, Calif. -- Mindspeed Technologies, Inc., (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Wave7 Optics, an industry leader in optical broadband access systems, has selected Mindspeed's integrated burst-mode laser driver and limiting amplifier for use in its next-generation Trident7[TM] Optical Access Platform for fiber-to-the-premises (FTTP) applications.

Wave7 Optics' extensive optical network terminal (ONT) portfolio includes models that comply with the IEEE 802.3ah (EFM) standard and support a variety of single-family unit, multi-dwelling unit and commercial applications.

"Mindspeed is establishing itself as a recognized leader in the PON market and was the obvious choice for our next-generation laser driver requirements. The cost savings and performance benefits offered by the Eye-Minder[TM] technology, in particular the easy multi power level control, will help us establish the Trident7 optical access platform as a leader in both the GPON and GEPON markets," said Joe Martin, vice president of product marketing at Wave7.

"Mindspeed has made significant investments in research and development to reduce the overall costs associated with fiber optics module manufacturing. Our Eye-Minder technology streamlines module manufacturing by enabling the use of lower-cost lasers, while eliminating the need to do extensive temperature characterization and tuning during assembly," said Hasnain Bajwa, executive director of marketing at Mindspeed. "Wave7's selection of Mindspeed's solution demonstrates the end-to-end value customers perceive in our M02090."

The highly integrated, programmable M02090 burst-mode laser driver and limiting amplifier utilizes Mindspeed's proprietary Eye-Minder dual-loop technology which reduces overall system costs by providing real-time compensation of laser aging and temperature effects. The M02090 offers a single, flexible solution that addresses multiple passive optical network (PON) applications including broadband PON (BPON), Gigabit Ethernet PON (GEPON) and Gigabit-capable PON (GPON).

About Wave7 Optics

Wave7 Optics has established itself as an industry leader in optical broadband access systems with an expanding FTTP product portfolio featuring a variety of architectural options, based on IP and Ethernet or ATM standards, for "triple play" voice, video and data services. The company's patented Last Mile Link[TM] and Trident7 systems are gaining market share rapidly around the world with service providers in the IOC, CLEC, MSO, municipal, utility and real estate development categories.

About Mindspeed Technologies[R]

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 high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices, as well as 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 us at www.mindspeed.com.

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 and our ability to increase our revenues; our ability to maintain operating expenses within anticipated levels; our ability to reduce our cash consumption; availability and terms of capital needed for our business; constraints in the supply of wafers and other product components from our third-party manufacturers; the ability to attract and retain qualified personnel; 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; and intellectual property infringement claims by others and the ability to protect our intellectual property, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings.