Mindspeed Wins Contract, Up 30% in Two
Days
11/5/03
Mindspeed Technologies saw its stock soar 30% Monday and Tuesday
of this week. They joined our Primary Stock Portfolio on Oct
2, 2003. Since then, the stock's price has risen at an annualized
rate of 908%. While it's doubtful that pace can continue,
we'll take a 30% jump in two days any time. Information about
Mindspeed's contract follows:
GREENNET SELECTS MINDSPEED’S COMMUNICATIONS
CONVERGENCE PROCESSOR AND SILICON PBX PACKET VOICE SOLUTIONS
NEWPORT BEACH, Calif., November 4,
2003 -- Mindspeed Technologies, a leading supplier of semiconductor
solutions for network infrastructure applications, today announced
that GreenNet Technologies Co. Ltd. has chosen Mindspeed’s
Miro communications convergence processor for its EZVoice™
8000 Trunking Gateway products and Mindspeed’s Chagall voice-over-packet
(VoP) silicon PBX (private branch exchange) for its EZVoice
6032 Access Gateway products. upgrades.
GreenNet’s networking solutions enable
telecom carriers and enterprises throughout China to increase
network capacity and improve communications performance. The
company is a leading network infrastructure solutions provider,
with a broad offering of carrier networking solutions. Current
EZVoice 8000 and EZVoice 6032 field trials include installations
at tier-one companies including China Netcom, China Railcom,
China Telecom and Jiangsu GuangDian.
“We are very excited about GreenNet’s
successful field trials of the EZVoice 8000 and the EZVoice
6032,” said Michael Metzger, director of marketing with Mindspeed’s
Multiservice Access business unit. “GreenNet is an aggressive
and fast-moving company that has leveraged Mindspeed’s technology
to bring innovative and dependable products to market in the
shortest possible time.”
“Mindspeed’s voice processors deliver
the performance, interoperability and field proven carrier-class
software that enable us to design robust equipment solutions
for our customers,” said GreenNet president Mr. Liu Ping.
The GreenNet EZVoice 8000 is designed to
handle 960 voice over IP (VoIP) channels by utilizing Miro
processors. The Miro M82610 combines fifth-generation DSP
cores with a programmable packet processor, representing a
true system-on-chip solution for VoIP and VoATM (Voice over
ATM) applications.
EZVoice 8000 utilizes a 19-inch standardized
frame structure and is designed completely on carrier-class
standards. It provides up to 32 configurable E1 interfaces
with redundancy and hot swap features to deliver industry-leading
reliability.
EZVoice 6032 uses a single-chip Chagall
M82520 to support 32 channels of simple/complex voice traffic,
with integrated SLIC/SLACs to enable connection of up to 32
analog phones. Chagall combines digital signal and packet
processing capabilities with a soft encryption engine and
a programmable high performance embedded host controller.
About Mindspeed Technologies™
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.
Source: Mindspeed Technologies
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