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Conexant Introduces Industry's First Modem Chip with Support for Intel's High Definition Audio Bus Architecture

Comprehensive Dial-up Modem Product Portfolio Encompasses Solutions that Support Major Industry Standards and Bus Architectures

NEWPORT BEACH, Calif.—(BUSINESS WIRE)—Jan. 26, 2004— Conexant Systems, Inc. (Nasdaq:CNXT), a worldwide leader in semiconductor system solutions for digital information and home entertainment networks, today introduced the industry's first dial-up modem chip with support for Intel's High Definition Audio (HD Audio) bus architecture audio standard. The CX11254 is the first in a family of planned products. It uses the HD Audio bus (formerly know by the code name "Azalia") to transmit data between an internal narrowband modem and notebook and desktop computers. It is shipping in sample quantities to customers now.

"We are proud to deliver yet another industry first in modem semiconductor technology," said Akram Atallah, vice president of Universal Access Products for Conexant. "The convergence of personal computing and information and entertainment devices within the digital home requires enhanced audio capabilities to meet consumer expectations. Our industry-first HD Audio modem chip is a necessary component for PC manufacturers looking to support the robust audio performance required for advanced applications such as streaming video and voice over IP."

HD Audio is an end-to-end audio specification that defines the controller, link and board implementation of audio and modem hardware, both of which are required and operate on the same bus. It enables high-quality, home theater-like sound on multimedia/Media Center PCs.

Conexant has a long history of technological innovation and leadership in modem technology, including development of the world's first dial-up modem chip, and has shipped more than 500 million modems worldwide. The company's highly reliable modem chipsets can be found in desktops, notebooks, handheld devices, video game consoles, set-top boxes, and other platforms such as point-of-sale terminals, providing universal Internet access to millions of users worldwide. Conexant's dial-up modem chipset offering encompasses all major industry standards, including V.22, V.22 bis, V.34, V.44, V.90, and the V.92 dial-up modem specification. Bus architectures supported include the new HD Audio bus, peripheral component interconnect (PCI) bus, universal serial bus (USB), RS-232, and audio/modem chipsets that support AC-Link.

The CX11254 supports V.92/V.90 analog receive data up to 56 kilobits per second (kbps) with V.44 data compression, V.17 analog fax to 14.4 kbps, voice/telephone answering machine, and is compliant with Azalia specification.

Pricing and Availability

The CX11254 is sampling now, with volume production scheduled for the second quarter of 2004. It is packaged in a 16-pin thin shrink small outline package (TSSOP) and priced at $4.00 in quantities of 10,000.

About Conexant

Conexant's innovative semiconductor system solutions are driving digital home information and entertainment networks worldwide. The company has leveraged its expertise and leadership position in modem technologies to enable more Internet connections than all of its competitors combined, and continues to develop leading integrated silicon solutions for cable, satellite, terrestrial data and digital video networks.

Key products include digital subscriber line (DSL) and cable modem solutions, home network processors, broadcast video encoders and decoders, digital set-top box components and systems solutions, and dial-up modems. The company also offers a suite of wireless data and networking components solutions that includes HomePlug(R), HomePNA(TM) and WLAN (802.11) components and reference designs.

Conexant is a fabless semiconductor company and has approximately 1,400 employees. The company is headquartered in Newport Beach, Calif. To learn more, visit us at www.conexant.com.

Safe Harbor Statement

This press release contains statements relating to future results of Conexant (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; the availability of manufacturing capacity; pricing pressures and other competitive factors; changes in product mix; product obsolescence; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; and the uncertainties of litigation, the successful completion of the proposed merger with GlobespanVirata and the subsequent integration of the two companies; as well as other risks and uncertainties, including those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements 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.

Conexant is a trademark of Conexant Systems, Inc. HomePlug is a registered trademark of the HomePlug Powerline Alliance, Inc. and HomePNA is a trademark of the Home Phoneline Networking Alliance. Other brands and names contained in this release are the property of their respective owners.



Contact:
Conexant Systems, Inc.
Gwen Carlson, 949-483-7363

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