SOURCE: Mindspeed Technolgoies

Mindspeed Technolgoies

June 08, 2009 08:00 ET

Huawei Selects Mindspeed® Crosspoint Switch for Use Within Transport Product Line

NEWPORT BEACH, CA--(Marketwire - June 8, 2009) - Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced Huawei Technologies Co., Ltd., a leader in providing next generation telecommunications network solutions, has selected Mindspeed's M21156 retiming crosspoint switch for use within its transport product line.

"Huawei has achieved superior performance in our transport platforms based on Mindspeed's crosspoint technology," stated Christian Chua, president of transport product line at Huawei.

"Mindspeed's M21156 retiming crosspoint switch and Huawei's networking systems offer the industry unprecedented levels of performance, integration and cost effectiveness," said Kurt Busch, Mindspeed's senior vice president and general manager, high-performance analog. "We are very proud to be supporting a forward-looking company such as Huawei and to have been included in several of its designs."

The M21156 low-power, high-speed, 144x144 retiming crosspoint switch minimizes jitter using a combination of advanced equalization and retiming circuits enabling the development of multi-gigabit channels across the most demanding backplanes. The M21156 supports data rates from 1.0 Gbps to 3.2 Gbps and is currently in full production.

Crosspoint switches provide the key signal integrity and interconnect technology that solves the issues posed by high-speed networking. Demand for crosspoint switches is growing due to the increasing need for high-bandwidth applications in the enterprise, metro and core. According to WinterGreen Research, Inc., the market for crosspoint switches is expected to grow at a compound annual growth rate (CAGR) of 27 percent through 2015.

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.

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Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include statements relating to product features and their benefits and certain projections and business trends. 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: 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 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 April 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 both.

Contact Information

  • Editorial Contact:
    Julie Zimmermann
    Mindspeed Technologies, Inc.
    (949) 579-4631

    Investor Relations Contact:
    Andrea D. Williams
    Mindspeed Technologies, Inc.
    (949) 579-3111