FSLB Freescale Semiconductor, Inc. (Class B)

Customer premises equipment (CPE) manufacturers can now deliver WiMAX-enabled products to market even faster with a production-ready reference design from Freescale Semiconductor (NYSE:FSL) (NYSE:FSL.B), Wavesat and Celestica. Celestica, a world leader in electronics manufacturing services (EMS), has joined a pre-existing collaboration between Freescale and Wavesat to enhance a comprehensive platform for the rapid creation of WiMAX-enabled products. The three companies plan to demonstrate the platform at the Freescale Technology Forum in Bangalore, India on Nov. 14 and 15. The optimized solution features Wavesat�s WiMAX Mini-PCI module and MAC software, Freescale�s MPC8323E PowerQUICC� II Pro processor, and Celestica�s WiMAX Gateway CPE Solution Accelerator � a pre-developed platform for customer differentiation in the SOHO, home and wireless telecommunications infrastructure markets. According to In-Stat, the number of fixed WiMAX subscribers worldwide is projected to reach 16 million by 2010, and the number of mobile WiMAX subscribers is expected to range from 15 million to 25 million. "WiMAX is gaining momentum worldwide, and turnkey solutions like ours will help drive rapid deployment of broadband wireless technology in cost-effective CPE products," said Lynelle McKay, vice president and general manager, Digital Systems Division, Freescale. �The addition of world class technology from Celestica takes this solution to the next level by making the platform production-ready.� The MPC8323E, which runs the WiMAX MAC software and all applications, was developed by Freescale�s India Design Center. The design team also produced a proof-of-concept that Celestica can leverage to design its own boards and speed development. "As part of our Solution Accelerator strategy, the CPE enables us to offer a pre-invested, modifiable CPE solution that lowers our telecommunications customers' costs and speeds their time-to-market," said Paul Barsley, vice president, Global Design Services, Celestica. "By leveraging Freescale�s PowerQUICC� II Pro processor and Wavesat�s Evolutive WiMAX DM256 technology in this solution, we can offer a power-efficient, performance-enhanced CPE for WiMAX applications requiring residential or gateway SOHO platforms." Reference design features and benefits The solution supports WiMAX Forum 802.16d-2004 certification and is designed for upgradeability to the IEEE(R) 802.16e-2005 standard for mobility in accordance with the WiMAX Forum ETG/MTG profiles. For customers seeking a pre-engineered, pre-developed solution for compressing product development cycles and driving lower costs, this platform offers numerous benefits, including: Support for processor-and memory-intensive applications including VOIP, advanced telephony, parental controls and cryptographic operations; Utilization of commercial off-the-shelf (COTS) Mini-PCI WiMAX or Cardbus ADSL/VDSL/VDSL2, HSDPA and EVDO adapters for maximum network backhaul interconnectivity without incurring unnecessary development costs; Compatibility with OTS Mini-PCI LAN options including Wi-Fi� for rapid deployment; World class communications processor family roadmaps that lower customers� cost of ownership. (Freescale�s MPC8323E PowerQUICC� II Pro processor is built on Power Architecture� technology.) The industry�s leading WiMAX chipset from Wavesat. "We are excited to team with Celestica and Freescale on this innovative WiMAX CPE design,� said Vijay Dube, vice president, Marketing and Business Development, Wavesat. Integrating Freescale�s PowerQUICC II Pro processor and Wavesat�s WiMAX Forum-certified Mini-PCI module with Celestica�s Gateway CPE Solution Accelerator offers our combined customers a superior CPE platform to accelerate their WiMAX development and save on design costs." About Freescale Semiconductor Freescale Semiconductor, Inc. (NYSE:FSL) (NYSE:FSL.B) is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. Freescale became a publicly traded company in July 2004. The company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations in more than 30 countries. Freescale, a member of the S&P 500�, is one of the world's largest semiconductor companies with 2005 sales of $5.8 billion (USD). www.freescale.com About Wavesat Wavesat is a privately held fabless semiconductor company developing WiMAX chipsets, software and reference designs, enabling OEMs and ODMs to be first to market with high performance and cost effective WiMAX compliant solutions. Wavesat provides solutions for each WiMAX market segment: from backhaul to DSL extension with 802.16-2004 Fixed OFDM solutions; to high speed connectivity for laptop mobility with 802.16e OFDM Evolutive� products; to full mobility with the upcoming 802.16e sOFDMA UMobile� product portfolio for WiBro/WiMAX applications. Please visit the company�s web site at www.wavesat.com. About Celestica Celestica is a world leader in the delivery of electronics manufacturing services (EMS). Celestica operates a global manufacturing network with operations in Asia, Europe and the Americas, providing a broad range of integrated services and solutions to leading OEMs (original equipment manufacturers). For further information on Celestica, visit its website at www.celestica.com. The company�s security filings can also be accessed at www.sedar.com and www.sec.gov. Celestica Safe Harbour and Fair Disclosure Statement This news release contains forward-looking statements related to our future growth, trends in our industry and our financial and operational results and performance that are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to: the challenges of effectively managing our operations during uncertain economic conditions; the challenge of responding to lower-than-expected customer demand; the effects of price competition and other business and competitive factors generally affecting the EMS industry; our dependence on the computer and communications industries; our dependence on a limited number of customers and on industries affected by rapid technological change; component constraints; variability of operating results among periods; and the ability to manage expansion, consolidation and the integration of acquired businesses. These and other risks and uncertainties and factors are discussed in the Company's various public filings at www.sedar.com and http://www.sec.gov, including our Annual Report on Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In the Company�s best judgment, the events noted in this press release on a stand-alone basis are not expected to be material to Celestica�s overall financial results. Freescale(TM) and the Freescale logo are�trademarks�of Freescale Semiconductor, Inc. All other product or service names are the property of their respective owners. The Power Architecture and Power.org word marks and the Power and Power.org logos and related marks are trademarks and service marks licensed by Power.org. � Freescale Semiconductor, Inc. 2006. Customer premises equipment (CPE) manufacturers can now deliver WiMAX-enabled products to market even faster with a production-ready reference design from Freescale Semiconductor (NYSE:FSL) (NYSE:FSL.B), Wavesat and Celestica. Celestica, a world leader in electronics manufacturing services (EMS), has joined a pre-existing collaboration between Freescale and Wavesat to enhance a comprehensive platform for the rapid creation of WiMAX-enabled products. The three companies plan to demonstrate the platform at the Freescale Technology Forum in Bangalore, India on Nov. 14 and 15. The optimized solution features Wavesat's WiMAX Mini-PCI module and MAC software, Freescale's MPC8323E PowerQUICC(TM) II Pro processor, and Celestica's WiMAX Gateway CPE Solution Accelerator - a pre-developed platform for customer differentiation in the SOHO, home and wireless telecommunications infrastructure markets. According to In-Stat, the number of fixed WiMAX subscribers worldwide is projected to reach 16 million by 2010, and the number of mobile WiMAX subscribers is expected to range from 15 million to 25 million. "WiMAX is gaining momentum worldwide, and turnkey solutions like ours will help drive rapid deployment of broadband wireless technology in cost-effective CPE products," said Lynelle McKay, vice president and general manager, Digital Systems Division, Freescale. "The addition of world class technology from Celestica takes this solution to the next level by making the platform production-ready." The MPC8323E, which runs the WiMAX MAC software and all applications, was developed by Freescale's India Design Center. The design team also produced a proof-of-concept that Celestica can leverage to design its own boards and speed development. "As part of our Solution Accelerator strategy, the CPE enables us to offer a pre-invested, modifiable CPE solution that lowers our telecommunications customers' costs and speeds their time-to-market," said Paul Barsley, vice president, Global Design Services, Celestica. "By leveraging Freescale's PowerQUICC(TM) II Pro processor and Wavesat's Evolutive WiMAX DM256 technology in this solution, we can offer a power-efficient, performance-enhanced CPE for WiMAX applications requiring residential or gateway SOHO platforms." Reference design features and benefits The solution supports WiMAX Forum 802.16d-2004 certification and is designed for upgradeability to the IEEE(R) 802.16e-2005 standard for mobility in accordance with the WiMAX Forum ETG/MTG profiles. For customers seeking a pre-engineered, pre-developed solution for compressing product development cycles and driving lower costs, this platform offers numerous benefits, including: -- Support for processor-and memory-intensive applications including VOIP, advanced telephony, parental controls and cryptographic operations; -- Utilization of commercial off-the-shelf (COTS) Mini-PCI WiMAX or Cardbus ADSL/VDSL/VDSL2, HSDPA and EVDO adapters for maximum network backhaul interconnectivity without incurring unnecessary development costs; -- Compatibility with OTS Mini-PCI LAN options including Wi-Fi(TM) for rapid deployment; -- World class communications processor family roadmaps that lower customers' cost of ownership. (Freescale's MPC8323E PowerQUICC(TM) II Pro processor is built on Power Architecture(TM) technology.) -- The industry's leading WiMAX chipset from Wavesat. "We are excited to team with Celestica and Freescale on this innovative WiMAX CPE design," said Vijay Dube, vice president, Marketing and Business Development, Wavesat. Integrating Freescale's PowerQUICC II Pro processor and Wavesat's WiMAX Forum-certified Mini-PCI module with Celestica's Gateway CPE Solution Accelerator offers our combined customers a superior CPE platform to accelerate their WiMAX development and save on design costs." About Freescale Semiconductor Freescale Semiconductor, Inc. (NYSE:FSL) (NYSE:FSL.B) is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. Freescale became a publicly traded company in July 2004. The company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations in more than 30 countries. Freescale, a member of the S&P 500(R), is one of the world's largest semiconductor companies with 2005 sales of $5.8 billion (USD). www.freescale.com About Wavesat Wavesat is a privately held fabless semiconductor company developing WiMAX chipsets, software and reference designs, enabling OEMs and ODMs to be first to market with high performance and cost effective WiMAX compliant solutions. Wavesat provides solutions for each WiMAX market segment: from backhaul to DSL extension with 802.16-2004 Fixed OFDM solutions; to high speed connectivity for laptop mobility with 802.16e OFDM Evolutive(TM) products; to full mobility with the upcoming 802.16e sOFDMA UMobile(TM) product portfolio for WiBro/WiMAX applications. Please visit the company's web site at www.wavesat.com. About Celestica Celestica is a world leader in the delivery of electronics manufacturing services (EMS). Celestica operates a global manufacturing network with operations in Asia, Europe and the Americas, providing a broad range of integrated services and solutions to leading OEMs (original equipment manufacturers). For further information on Celestica, visit its website at www.celestica.com. The company's security filings can also be accessed at www.sedar.com and www.sec.gov. Celestica Safe Harbour and Fair Disclosure Statement This news release contains forward-looking statements related to our future growth, trends in our industry and our financial and operational results and performance that are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to: the challenges of effectively managing our operations during uncertain economic conditions; the challenge of responding to lower-than-expected customer demand; the effects of price competition and other business and competitive factors generally affecting the EMS industry; our dependence on the computer and communications industries; our dependence on a limited number of customers and on industries affected by rapid technological change; component constraints; variability of operating results among periods; and the ability to manage expansion, consolidation and the integration of acquired businesses. These and other risks and uncertainties and factors are discussed in the Company's various public filings at www.sedar.com and http://www.sec.gov, including our Annual Report on Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In the Company's best judgment, the events noted in this press release on a stand-alone basis are not expected to be material to Celestica's overall financial results. Freescale(TM) and the Freescale logo are trademarks of Freescale Semiconductor, Inc. All other product or service names are the property of their respective owners. The Power Architecture and Power.org word marks and the Power and Power.org logos and related marks are trademarks and service marks licensed by Power.org. (C) Freescale Semiconductor, Inc. 2006.