Mindspeed Reports Inducement Equity Grant under NASDAQ Listing Rule 5635(c)(4)

NEWPORT BEACH, Calif.--(Business Wire)--
Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor
solutions for network infrastructure applications, today announced that on April
2, 2010, the Compensation and Management Development Committee of its Board of
Directors granted Ernest Muhigana, Mindspeed`s new director, wireline
infrastructure, multiservice access, an award of stock options for 30,000 shares
of Mindspeed common stock, and an award of 10,000 shares of restricted stock.
The stock options will vest 50% on the first anniversary of the grant date and
quarterly thereafter over the remaining three-year vesting period and have an
exercise price of $8.04, which was the closing price of Mindspeed`s common stock
on the date of grant. The option grant has an expiration date of April 2, 2018.
The restricted stock grant will vest 50% on April 30, 2011 and 12.5% quarterly
thereafter.

"We are excited to have Ernest Muhigana join Mindspeed after a long and
distinguished tenure at Broadcom, where he helped to build the broadband carrier
access business. We believe Ernest will assist in bolstering our customer
relationships within the multiservice access market and that his expertise in
product line management will be an important component in taking our
market-leading Comcerto line of processors to the next phase of growth," said
Thomas J. Medrek, senior vice president of Mindspeed`s multiservice access
business unit. Prior to spending 8 years with Broadcom Corporation, Mr. Muhigana
was with Alactel Microelectronics. Mr. Muhigana received a bachelor`s degree in
engineering from Tsinghua University, Beijing, China, and a master of business
administration from United Business Institutes, Brussels, Belgium.

Mindspeed`s Compensation and Management Development Committee, which is solely
comprised of independent directors, approved the grant of stock options and
shares of restricted stock pursuant to stand-alone option and restricted stock
agreements and in accordance with NASDAQ Listing Rule 5635(c)(4).

About Mindspeed Technologies

Mindspeed Technologies, Inc. designs, develops and sells semiconductor solutions
for communications applications in the wireline and wireless network
infrastructure, which includes today's separate but interrelated and converging
enterprise, broadband access, metropolitan and wide area networks. Our products
are classified into three focused product families: multiservice access,
high-performance analog and wide area networking communications. Our products
are sold to original equipment manufacturers (OEMs) for use in a variety of
network infrastructure equipment, including voice and media gateways, high-speed
routers, switches, access multiplexers, cross-connect systems, add-drop
multiplexers, digital loop carrier equipment, IP private branch exchanges
(PBXs), optical modules, broadcast video systems and wireless basestation
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, Mr. Muhigana`s contributions to our customer relationships and the
growth of our Comcerto line of processors. 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; pricing pressures and other competitive factors;
successful development and introduction of new products; doing business
internationally and 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; 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 Quarterly Report on Form 10-Q for
the quarter ended January 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.

Investor Relations Contact:
Mindspeed Technologies, Inc.
Andrea D. Williams
949-579-3111

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