Mindspeed Appoints Allison Garcia as Senior Vice President, Human Resources

Mindspeed Technologies, Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced the appointment of Allison K. Garcia, 37, as senior vice president, human resources, effective June 21, 2010. Garcia joins the company from Lantronix, Inc., where she served for two years, most recently as vice president of human resources. Garcia will report directly to Raouf Halim, Mindspeed's chief executive officer.

"We are delighted to appoint a new head of human resources of Allison's caliber and demonstrated track record. She brings in-depth employee compensation experience and human capital management expertise, enabling her to immediately impact our global operating platform," said Halim. "I look forward to working closely with Allison as we pursue the growth opportunities ahead of us and continue to strengthen the culture of engineering excellence that has made us a leader in the exciting high-growth markets of telecommunications and networking."

"Mindspeed has a strong management team, market-leading products and a well-established presence in North America, Europe and Asia," said Garcia. "I am excited about joining the company, and contributing my experience to enhance the performance and mission of Mindspeed employees throughout the world."

Garcia has a 16-year record of success in managing compensation, recruitment and workforce operations at high-growth international companies. Prior to her association with Lantronix, Inc., Garcia held increasingly senior positions at leading global companies, including Quicksilver, Inc., Cendant Corporation and The Boeing Company.

Garcia received a bachelor’s degree in psychology from California State University, Long Beach, and a master’s degree in business administration from Pepperdine University.

Mindspeed also announced that on June 25, 2010, the compensation and management development committee of its board of directors granted Ms. Garcia an award of stock options for 30,000 shares of Mindspeed common stock, and an award of 15,000 shares of restricted stock. The stock options will vest 25% on the first anniversary of the grant date and yearly thereafter and have an exercise price of $8.28, which was the closing price of Mindspeed’s common stock on the date of grant. The option grant has an expiration date of June 25, 2018. The restricted stock grant will vest 25% on August 1, 2011 and 6.25% quarterly thereafter.

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: communications convergence processing, 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 base station 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, Mindspeed’s position in the marketplace, and Ms. Garcia’s ability to impact it. 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; fluctuations in the price of our common stock; constraints in the supply of wafers and other product components from our third-party manufacturers; 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; 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 April 2, 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.