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Mindspeed Technologies

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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