Conexant's Digital Television Semiconductor Solutions Selected by Galaxis; Chipset Solutions Deployed in Freeview Television Converters in the U.K.Business Editors/High-Tech Writers NEWPORT BEACH, Calif.--(BUSINESS WIRE)--July 29, 2003 Conexant Systems, Inc. (Nasdaq: CNXT), a worldwide leader in semiconductor system solutions for digital information and home entertainment networks, today announced that Galaxis Technologies AG, one of Europe's leading suppliers of set-top box technology for digital satellite, cable and terrestrial television reception, has incorporated the CX22490 interactive set-top box (STB See set-top box. STB - set-top box ) decoder and CX22702 demodulator See demodulate. Demodulator A device used to recover the original modulating signal from a modulated wave. A demodulator is also known as a detector. in its new Freeview digital television converter products. Freeview is a digital television service that provides consumers with access to as many as 30 free TV and radio channels, as well as various interactive services. "We're focused on providing technically advanced products that drive the digital home, and Galaxis' new digital TV converters are an excellent example of the role our semiconductor solutions play in delivering on this vision," said Jeffrey Crosby, vice president of Set-top Box products for Conexant. "Galaxis is recognized for their dedication to developing competitive, leading-edge satellite and cable reception equipment products, and we are proud that they have chosen our semiconductor system solutions for their new converter products." "The unsurpassed performance of Conexant's silicon solution enabled us to develop a product with a clear advantage in the marketplace -- namely, speed," said Frank Fischer, chief technology officer of Galaxis. "Consumers insist on fast access, navigation and response times for commonplace applications such as electronic program guide access and teletext teletext: see videotex. A broadcasting service that transmits text to a TV set that has a teletext decoder. It uses the vertical blanking interval of the TV signal (black line between frames when vertical hold is not adjusted) to transmit about a hundred messaging. They also want faster download and display times for pictures and complex graphics. Conexant's chipsets are critical to meeting these needs. In addition, their hardware and software development platform allowed us to simplify our engineering process and reduce development time." Conexant's CX22490 is designed for interactive multi-channel television networks that require both advanced performance and low cost. The CX22702 is a highly integrated digital TV demodulator/forward error correction solution for terrestrial DVB-T See DVB. systems. The reference platform includes these two devices, and an industry standard MHEG MHEG - Multimedia and Hypermedia information coding Expert Group 5 (Multimedia and Hypermedia hypermedia: see hypertext. The use of hyperlinks, regular text, graphics, audio and video to provide an interactive, multimedia presentation. All the various elements are linked, enabling the user to move from one to another. information coding Group) engine that enables interactive television applications. About Conexant Conexant's innovative semiconductor system solutions are driving digital information and home 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 See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) 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 See wireless LAN. WLAN - wireless local area network (802.11) components and reference designs. Conexant is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. and has approximately 1,400 employees. The company is headquartered in Newport Beach, Calif. To learn more, visit us at www.conexant.com. About Galaxis Galaxis Technology ag in Lubeck is one of Europe's leading suppliers of digital set-top-box technology for cable, satellite and digital terrestrial (DVB-T) TV reception. Galaxis currently manages cable projects in 12 European countries. In Germany, Galaxis was the first company to supply digital cable decoders for the Pay-TV provider Premiere in addition to all un-encoded TV and radio programmes. All Galaxis decoders are based on a so-called "modular component matrix." It allows Galaxis to offer tailor-made decoder solutions to the trade, Pay-TV providers and cable network operators with a short Time-to-Market. A variety of interactive services are thus put into practice in a minimal time frame, ranging from favourably priced right through to technically sophisticated solutions. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the successful implementation of the company's expense reduction and restructuring initiatives; the ability to attract and retain qualified personnel; and the uncertainties of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , 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. Other brands and names contained in this release are the property of their respective owners. |
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