Hitachi Selects Mindspeed(R)'s Comcerto(R) Processor to Deliver Triple-Play Home Gateway for Japan's Largest, Fast-Growing Fiber Access Network

Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that the company's Comcerto customer premise equipment (CPE) processor has been selected by Hitachi to create an ultra-low-power home gateway that features 2Gbps routing performance with concurrent WiFi and carrier-grade Voice-over-IP (VoIP) capabilities. Hitachi's fiber-to-the-home (FTTH) gateways are being deployed by Japan's largest service provider in its rapidly growing FTTH access network.

"We are pleased to have achieved this home-gateway breakthrough with Hitachi for Japan's largest fiber access network," said Raouf Halim, chief executive officer, Mindspeed. "Japan is the world leader in FTTH deployment, and a key proving ground for the latest CPE advances. Our Comcerto broadband gateway processors deliver superior CPE gateway power efficiency that we have perfected over five generations of in-house ARM-based development, plus robust router performance for sophisticated broadband services. In addition, Comcerto processors provide the same carrier-grade voice quality found in the more than 200 million voice ports shipped to telephone carriers around the world."

"Power efficiency is increasingly critical in the broadband FTTH gateway market, and Mindspeed's broadband gateway processor has helped Hitachi set a new standard in power-efficient gigabit triple-play routers," said Takeshi Masuda, executive vice president, Telecommunications and Network Systems Division, Hitachi, Ltd. "This exciting new product for Japan's largest fiber access network is a key strategic milestone for Hitachi, as we continue to enable the accelerating shift toward IP-based next-generation networks, while opening the door to future new services."

Mindspeed's Comcerto family of broadband gateway processors enables the future digital home with sophisticated, reliable services including broadband multimedia content delivery and high- definition (HD) voice. The dual-core processor platform maximizes packet throughput and uses a programmable software architecture, so that manufacturers can offer multiple system solutions for various deployments ranging from FTTH-based triple-play gateways to 3G/4G-routers and WiMAX integrated access devices (IADs). Mindspeed's Comcerto platform not only gives service providers the reliable data and voice quality they need, but also provides the application headroom necessary to deploy a variety of new revenue-generating services to their broadband home.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE:HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 400,000 employees worldwide. Fiscal 2008 (ended March 31, 2009) consolidated revenues totaled 10,000 billion yen ($102.0 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials, logistics and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About Mindspeed Technologies

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 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, product quality and network growth. 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 utilize our net operating loss carryforwards and certain other tax attributes; our ability to attract and retain qualified personnel; constraints in the supply of wafers and other product components from our third-party manufacturers; doing business internationally; pricing pressures and other competitive factors; successful development and introduction of new products; 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; and business acquisitions and investments. 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 July 3, 2009, 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.

SOURCE: Mindspeed Technologies, Inc.

Editorial Contact: 
Magnet PR Group 
Lisa Briggs 
949-305-5131 
lisab@magnetprgroup.com 
or 
Investor Relations Contact: 
Mindspeed Technologies, Inc. 
Andrea D. Williams 
949-579-3111

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