Mindspeed Technologies, Inc. : Mindspeed Announces Kevin Trosian as Vice President of Business Development and Investor Relations and Reports Inducement Equity Grants

Senior Financial Professional to Lead Strategic Business Efforts and Relationships with the Global Investment Community

Mindspeed Technologies, Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Kevin Trosian has been named vice president of business development and investor relations, effective May 7, 2012. Trosian joins the company from Power-One, Inc., where he was responsible for managing investor relations and other financial initiatives. He will report directly to Raouf Y. Halim, Mindspeed's chief executive officer.

"I look forward to working closely with Kevin as we grow our company and expand our business and investor base both in North America and around the world," said Halim.

"With the momentum in the small cell base station market and the growth of the company's high-performance analog portfolio, it is an exciting time to join the Mindspeed team," said Trosian. "I am delighted to contribute my expertise in achieving the company's strategic objectives and working directly with the investor community."

Trosian has a fifteen year track record of success in technology and financial markets. Prior to joining Power-One, he was a director of Tower 12 Consulting, LLC, where he worked with clients on financial initiatives including strategy, capital raises and acquisitions, as well as investor relations, corporate development and marketing. Prior to Tower 12 Consulting, Trosian held the role of senior analyst and vice president of equity research at both Wedbush Morgan Securities and Banc of America Securities and was ranked by StarMine as a leading analyst with the companies he covered.

Trosian received a Master of Business Administration from the University of Southern California, Marshall School of Business, and a BA degree from the University of California at Los Angeles.

Today, Mindspeed also announced that on May 25, 2012, the compensation and management development committee of its board of directors granted Trosian 30,000 shares of restricted stock. The stock grant will vest 33.33% on the one year anniversary of the grant date, and 8.33% quarterly thereafter.

Preetinder S. Virk, the company's senior vice president and general manager, communications convergence processing (CCP), was also granted an award of 50,000 shares of restricted stock by the compensation and management development committee on May, 25, 2012. The stock grant will vest 33.33% on the one year anniversary of the grant date, and 8.33% quarterly thereafter.

Mindspeed's compensation and management development committee, which is comprised solely of independent directors, approved the grants of restricted stock pursuant to the Mindspeed Technologies, Inc. Inducement Incentive Plan and form of restricted stock agreement and in accordance with NASDAQ Listing Rule 5635(c)(4).

About Mindspeed Technologies

Mindspeed Technologies (NASDAQ: MSPD) is a leading provider of network infrastructure semiconductor solutions to the communications industry. The company's low-power system-on-chip (SoC) products are helping to drive video, voice and data applications in worldwide fiber-optic networks and enable advanced processing for 3G and long-term evolution (LTE) mobile networks. The company's high-performance analog products are used in a variety of optical, enterprise, industrial and video transport systems. Mindspeed's products are sold to original equipment manufacturers (OEMs) around the globe.

To learn more, please visit www.mindspeed.com. Company news and updates are also posted at www.twitter.com/mindspeed.

Press Relations
U.S.:
Magnet PR Group
Lisa Briggs
+1 949.305.5131
lisab@magnetprgroup.com
or
EMEA and Asia:
EML Wildfire
Darren Willsher
+44 20 8408 8000
mindspeed@emlwildfire.com
or
Mindspeed Technologies, Inc.
Investor Relations
Kevin Trosian
VP Business Development and Investor Relations
+1 949-579-3111
investor.relations@mindspeed.com
or
Corporate Contact
Rupert Baines
VP Corporate Strategy and Marketing Communication
+44 1225 469 744
rupert.baines@mindspeed.com

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