NEWPORT BEACH, Calif. -- Mindspeed Technologies Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that LG Electronics Inc. is shipping Mindspeed's OC-12 ATM Shaper in its MSR40 multi-service switch.

The LG Electronics MSR40 multi-service asynchronous transfer mode/multi-protocol label switching (ATM/MPLS) switch offers superior ATM layer traffic management capabilities that provide Quality of Service (QoS) guarantees. The MSR40 also offers ATM switching signaling and multi-function switch and router support. The switch passed the Korea Telecom Benchmark Test and won the LG corporate "Golden Design" recognition award for best new equipment design.

Korea-based LG Electronics is a pioneer in the Korean consumer electronics market and provides total solutions ranging from wired and wireless handsets to information and telecommunication equipment. The company is a leader in the innovation and development of cutting-edge technologies in next-generation wireless telecommunications.

"Mindspeed's M27651 application specific network processor met our requirements for superior ATM layer traffic shaping capabilities which enabled the MSR40 to offer QoS guarantees. Using a fully programmable solution allows us to rapidly respond to changing customer requirements. This feature, in addition to strong support from Mindspeed was instrumental in passing the Korea Telecom Benchmark Test," said H.C. Yi, general manager, Core Network R&D Lab at LG Electronics.

"We are gratified that LG Electronics chose Mindspeed's established network processing technology for its 40 Gbps multi-service switch," said Scott Lane, product line manager for Mindspeed's broadband internetworking systems business unit. "Our network processors offer comprehensive traffic management capabilities for both packet and cell-based applications, and provide flexible, easily upgradeable network solutions."

Mindspeed Technologies Inc.

LG Electronics Inc.