Mindspeed’s Transcede System-on-Chip Drives LTE Small-Cell Base Station Revolution at Mobile World Congress

Mobile World Congress 2011

NEWPORT BEACH, Calif.--()--Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that it will showcase the latest developments in small-cell base station innovation powered by its Transcede™ processor family, at the upcoming Mobile World Congress trade show in Barcelona, Spain, from February 14-17, 2011.

Unveiled for the first time at the 2010 Mobile World Congress trade show, the Transcede system-on-chip (SoC) will be featured in compelling new small-cell designs that will enable mobile network operators to increase network capacity and reduce the cost-per-bit of delivering next-generation data services. The Transcede family is the industry’s only solution with a compatible software architecture that enables original equipment manufacturers (OEMs) to quickly scale their designs up or down in cell size, depending on customer requirements and rapidly evolving market dynamics.

Long-Term Evolution (LTE) picocells, microcells and a continually-evolving class of enterprise femtocells are expected to play a critical role alongside traditional macrocells as future 4G networks are architected. Once viewed primarily as an in-building wireless (IBW) solution used by mobile network operators to overcome poor indoor cellular coverage and signal degradation in commercial buildings, the picocell is now seen as a remedy for the high-density data clusters that will stress 3G and 4G networks as video-centric data consumption increases.

“Our Transcede family of wireless baseband processors was designed to simplify and accelerate LTE base station development, while enabling OEMs to leverage their software investment across multiple platforms, from the smallest enterprise femtocells to the largest macrocells,” said Raouf Y. Halim, Mindspeed’s chief executive officer. “Today’s Transcede-powered designs are among the first examples of products that will contribute to a heterogeneous network of femtocells, picocells, microcells and macrocells, which will improve network coverage, service and performance by putting more processing power closer to the subscriber.”

According to the recent Cisco Visual Networking Index (VNI): Global Mobile Data Traffic Forecast Update report, mobile video traffic is expected to double every year between 2010 and 2015. Cisco forecasts that video content on mobile networks will exceed 50 percent of all traffic for the first time in 2011, and that two-thirds of the world’s mobile traffic will be video by 2015.

According to market research firm In-Stat, carrier-installed metropolitan picocell shipments will see a compound annual growth rate (CAGR) of 378 percent from 2009 to 2014 as several million units are shipped to operators worldwide, and annual femtocell shipments will reach 31.8 million by 2014.

Mindspeed®’s flagship Transcede 4000 features an unprecedented 26 programmable processors in a single device, including two ARM® Cortex A9® multi-core symmetric multiprocessing (SMP) reduced instruction set computer (RISC) processors, 10 CEVA® digital signal processors (DSPs) and 10 DSP accelerators. Transcede processors enable equipment manufacturers to fully support the complete processing needs of single- and multi-sector base stations using the wideband code-division multiple access (W-CDMA), LTE-FDD, LTE time-division duplex (TD-LTE, in China), time division synchronous code division multiple access (TD-SCDMA, in China) and/or WiMAX air-interface standards. Transcede-based designs feature substantial processing headroom for value-added software features that developers can also readily port to other Transcede-based platforms.

The Transcede 4000 was named “Best Mobile Technology Breakthrough” at the 2010 Mobile Excellence Awards (MEA) and it continues to resonate with customers and Mindspeed technology partners as the small cells approach to advanced mobile networks matures.

Since introducing the first Transcede SoC at the 2010 Mobile World Congress, Mindspeed has developed a complete eNodeB solution on the platform and sampled the Transcede T3000 device that addresses the increasingly significant enterprise femtocell market.

“As network architects strive to solve the capacity crunch by migrating to a more flexible cellular landscape featuring compact new base stations, Mindspeed’s OEM customers are at the forefront with evolutionary picocell and enterprise femtocell designs,” said Alan Taylor, director of marketing for the communications convergence processing business unit at Mindspeed. “We are extremely proud to see what these innovators have designed over the last year using our Transcede family of processors, and look forward to supporting customers who share our vision for heterogeneous small cell and macrocell networks.”

Visit Mindspeed at Mobile World Congress 2011

Mindspeed will be hosting meetings and demonstrations for service providers, customers, press and analysts throughout the 2011 Mobile World Congress event from its booth (2H57) and meeting room in Hall 2 of the Fira de Barcelona-Montjüic in Barcelona.

About Mindspeed Technologies

Mindspeed designs, develops and sells semiconductor solutions for communications applications in the wireline and wireless network infrastructure, which includes enterprise networks, broadband access networks (fixed and mobile), and metropolitan and wide area networks. We have organized our solutions for these interrelated and rapidly converging networks into three families. Our communications convergence processing (CCP) products include ultra-low-power, multi-core digital signal processor (DSP) system-on-chip (SoC) products for the fixed and mobile (3G/4G/LTE) carrier infrastructure and residential and enterprise service platforms. Our high-performance analog (HPA) products solve difficult switching, timing and synchronization challenges in next-generation optical networking, enterprise storage and broadcast video transmission applications. Our wide area networking (WAN) communications portfolio helps optimize today’s circuit-switched networks. Mindspeed’s products are sold to original equipment manufacturers (OEMs) for use in a variety of network infrastructure equipment which serves these markets.

To learn more, please visit www.mindspeed.com. Mindspeed will also post live updates from the Mobile World Congress event at www.twitter.com/mindspeed.

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 and outcomes of product demonstrations. 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: fluctuations in our operating results and future operating losses; worldwide political and economic uncertainties and specific conditions in the markets we address; constraints in the supply of wafers and other product components from our third-party manufacturers; fluctuations in the price of our common stock; cash requirements and terms and availability of financing; loss of or diminished demand from one or more key customers or distributors; our ability to attract and retain qualified personnel; doing business internationally and our ability to successfully and cost effectively establish and manage operations in foreign jurisdictions; pricing pressures and other competitive factors; successful development and introduction of new products; lengthy sales cycles; order and shipment uncertainty; our ability to obtain design wins and develop revenues from them; the expense of and our ability to defend our intellectual property against infringement claims by others; product defects and bugs; business acquisitions and investments; and our ability to utilize our net operating loss carryforwards and certain other tax attributes. 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 Annual Report on Form 10-K for the year ended October 1, 2010, 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.

Contacts

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

Release Summary

Mindspeed’s Transcede system-on-chip drives LTE small-cell base station revolution at Mobile World Congress.

Contacts

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