Mindspeed(R) Announces Filing of Universal Shelf Registration Statement

NEWPORT BEACH, CA, Jun 30 (MARKET WIRE) --
Mindspeed Technologies, Inc. (NASDAQ: MSPD) today announced that the
company has filed a universal shelf registration statement on Form S-3
with the Securities and Exchange Commission (the "SEC"). The registration
statement is subject to review by the SEC. If and when declared effective
by the SEC, the company may, from time to time, offer and sell under the
shelf registration statement up to an aggregate of $25 million of its
common stock, preferred stock, debt securities, warrants, rights and/or
units in one or more offerings. The terms of any future offering would be
established at the time of the offering and would be subject to market
conditions as well as to approval by Mindspeed's board of directors. Any
offering of securities covered by the shelf registration statement will
be made only by means of an applicable written prospectus, prospectus
supplement or free writing prospectus authorized by the company.

A registration statement relating to these securities has been filed with
the SEC, but has not yet become effective. These securities may not be
sold nor may offers to buy be accepted prior to the time the registration
statement becomes effective. This press release shall not constitute an
offer to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

About Mindspeed Technologies(R)

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 voice-over-IP processors
designed to support voice and data services across wireline and wireless
networks and WAN communication products such as T/E carrier transmission
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 us at www.mindspeed.com.

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 regarding the company's expectations, goals
or intentions, including but not limited to, statements regarding the
ability of the company to offer and sell securities under the shelf
registration statement. 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: the shelf registration statement being declared
effective by the SEC; 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.

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

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