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LG Electronics Deploys Mindspeed Communications Convergence Processsor in CDMA2000 Wireless System

Posted on: Wednesday, 11 February 2004, 06:00 CST

Mindspeed Technologies, Inc. Thomas Stites, 949-579-3650 or Carol Thornton, 949-579-7413

Mindspeed's Miro(TM) Voice Processor Enables LG Electronics to Deploy Carrier-Class CDMA2000 Wireless Base Station Controller

Mindspeed Technologies, Inc. (Nasdaq:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that LG Electronics Ltd. has chosen Mindspeed's Miro communications convergence processor for use in its STAREX-IS CDMA2000 wireless base station controller.

LG Electronics has a long history of supplying high-performance telecommunications infrastructure equipment for both wireline and wireless networks worldwide. The STAREX-IS base station controller is designed to handle up to 4000 channels of wireless voice incorporating Mindspeed's patented selectable-mode vocoder (SMV) technology for improved voice quality and bandwidth efficiency.

"Mindspeed's high-performance Miro voice processor and carrier- class software enabled us to design a robust, compact system for rapidly growing CDMA2000 wireless networks worldwide," said J.P. Hong, senior research manager of the CDMA Network Division at LG Electronics. "Mindspeed's SMV voice-coding technology provides the carrier-class voice quality required in CDMA2000 networks, and dramatic bandwidth savings compared to other voice-coding technologies."

Mindspeed's SMV technology was selected by the Telecommunications Industry Association (TIA) and the 3rd Generation Partnership Project 2 (3GPP2) in 2001 as a standard for use in CDMA2000 networks.

"We are proud that LG Electronics is one of the first major equipment suppliers to begin shipping wireless systems based on our Miro voice processor and SMV voice-coding technology," said Michael Metzger, director of marketing for Mindspeed. "LG Electronics' STAREX-IS platform demonstrates Mindspeed's expanding presence in the wireless infrastructure market."

The Miro M82610 combines high-performance DSP cores and a packet processing engine with industry-standard streaming packet interfaces to provide a high-density voice-over-Internet Protocol (VoIP) and voice-over-ATM system-on-a-chip.

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 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, DVD- RW, 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 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; 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, 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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