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Mindspeed Technologies, Inc.: Mindspeed(R) Extends Access VoIP Processor Family


Published on 2009-07-27 05:27:48, Last Modified on 2009-07-27 05:27:58 - Market Wire
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NEWPORT BEACH, CA--(Marketwire - July 27, 2009) - Mindspeed Technologies, Inc. (NASDAQ: [ MSPD ]), a leading supplier of semiconductor solutions for network infrastructure applications, today announced the addition of two new devices to its Comcerto 300 Series of highly-integrated voice-over-IP (VoIP) processors. These new devices provide a performance/cost ratio targeted at eight and 16 port fiber-based access (FTTx) equipment.

Since the launch of the Comcerto 300 Series in January 2008, the devices have been selected by more than two dozen customers for over three dozen designs, across all major regional markets. A majority of these designs are within Tier 1 carrier FTTx equipment. According to Dell'Oro Group, access VoIP port shipments will grow at a 51 percent compound annual growth rate (CAGR), from 11 million ports in 2008 to 85 million ports in 2013. It is expected that ninety percent of the access ports in 2013 will be in multi-dwelling units (MDUs), Internet protocol digital subscriber line access multiplexer (IPDSLAMs) and multiservice access nodes (MSANs) for FTTx, a segment specifically targeted by the Comcerto 300.

With carrier-grade Comcerto 300-based FTTx equipment deployments now in process, Mindspeed's customers are expected to gain a time-to-market advantage from the Comcerto 300 product offering, which includes both devices and production-tested VoIP processing software. Mindspeed's total system solution removes much of the system complexity and risk, which often plagues new equipment development.

The two new devices bring the benefits of the Comcerto 300 family to lower-performance/lower-density applications at a lower cost, while retaining software, application programming interface (API), and footprint compatibility with the rest of the Comcerto 300 family. The M82351 targets eight ports of complex VoIP, while the M82352 targets 16 ports, further improving the industry's most scalable VoIP solution.

"These new devices extend and complement a product family that has already experienced tremendous market acceptance with FTTx access equipment manufacturers worldwide since its launch 18 months ago," said Kurt Michel, VoIP marketing director of Mindspeed's multiservice access business unit.

"We are very pleased to have a product family that clearly addresses the critical needs of the FTTx equipment market, at a time when that market is experiencing rapid growth. We also look forward to providing our Comcerto 300 customers a continually evolving set of advanced capabilities and features that the platform was designed to support -- including high-speed fax relay and wideband (high definition) voice. We believe that these features will ensure that Mindspeed customers stay on the leading edge of next-generation network (NGN) evolution," Michel added.

Comcerto 300 Series access processors integrate a complete media access gateway in a single device by combining signaling and control processing, packet processing and a rich set of interfaces and features. By enabling VoIP on a line card, the Comcerto 300 Series reduces system complexity and leverages the Ethernet-based access equipment architectures that already support xDSL termination line cards. The family is also well suited for Enterprise IP-PBX applications.

The Comcerto 300 Series M82351 and M82352 devices are now available in two packaging options (RoHS/standard) for production volumes.

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: expected performance of our business units, deployments and their timing and our ability to benefit from them, product features and their benefits, demand for our products and growth prospects in and for various markets. 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 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 otherwise.


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