Conexant's Complete Satellite Set-Top Box Solution Selected by Humax for New HDTV Receiver; Premiere to Deploy Advanced STBs for HDTV Service Launch in Germany.

NEWPORT BEACH, Calif. -- Conexant Systems, Inc. (NASDAQ:CNXT), a worldwide leader in semiconductor solutions for broadband communications and the digital home, today announced that Humax, a leading international manufacturer of digital satellite set-top boxes (STBs), has based their new high-definition television (HDTV) satellite receiver exclusively on the company's complete DVB-S2/MPEG-4 satellite set-top box (STB) solution. DVB-S2 and MPEG-4 are advanced, industry-standard technologies that allow operators to offer additional HDTV channels and content, including interactive services using their existing bandwidth and infrastructure. Humax's PR-HD1000 STB will be offered to consumers by a large German broadcasting firm in time for the 2006 World Cup in June.

"Semiconductor solutions based on advanced modulation and compression technologies are critical to the next phase of HDTV product and service deployments, and Conexant is at the forefront of this technology transition," said Jeff Crosby, senior vice president and general manager of Conexant's Broadband Media Processing business. "Our comprehensive HDTV system solution provides our customers with the flexibility and performance they need to deliver next-generation, cost-optimized HDTV set-top boxes. In addition, the completeness of our solution helps reduce the inherent risks and time-to-market challenges associated with a major shift in technical platforms."

"Operators are racing to deliver HDTV programming in order to expand their subscriber base and maximize revenue opportunities, and we intend to be a leading provider to this rapidly growing market segment," said Dr. Juha Park, general manager of Humax's Set-top Box business unit. "Our PR-HD1000 is the first HDTV receiver we've launched based on advanced modulation, coding and compression technologies, and a very important part of our product offering. It is also the first advanced technology set-top box that we've based solely on silicon from one vendor, which illustrates the confidence we have in Conexant's products and technologies."

About Conexant's HDTV Satellite STB Solution

Humax is using five Conexant chips in the PR-HD1000 HDTV receiver. They include:

--The CX24116 DVB-S2 demodulator/decoder: DVB-S2 leverages key developments in channel coding and modulation to provide up to a 35 percent capacity increase over the previous DVB-S standard.

--The CX2418X MPEG-4/H.264 decoder: H.264 compression provides greater recording capacity on STBs with personal video recording capabilities, and increases the number of HDTV channels a broadcaster can transmit.

--The CX2417X MPEG-2 HDTV decoder: This device performs navigation through a digital broadcast service and securely decodes authorized program content for presentation on an HDTV display.

--The CX24118 direct down-conversion satellite tuner: This solution supports 8PSK advanced modulation and coding specifications, providing satellite operators with up to 35 percent higher data throughput rates using existing bandwidth.

--The CX20552 universal serial bus (USB) 2.0 physical layer (PHY) transceiver: This chip interfaces with the CX2417X, allowing the HDTV receiver to work with a variety of external USB 2.0 devices and expand its capabilities.

Conexant offers a comprehensive suite of digital STB components and system solutions for worldwide satellite, terrestrial and cable entertainment broadcasting networks. The company's product offering includes silicon tuners, satellite demodulators, MPEG audio and video decoders, and dial-up modems for back-channel applications. Reference designs that help manufacturers reduce cost and speed time-to-market are also available, bundled with a range of operating systems, middleware, drivers and development tools.

About Conexant

Conexant's innovative semiconductor solutions are driving broadband communications and digital home 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 highly integrated silicon solutions for broadband data and media processing networks.

Key products include client-side xDSL and cable modem solutions, home network processors, broadcast video encoders and decoders, digital set-top box components and systems solutions, and dial-up modems. Conexant's suite of networking components includes a leadership portfolio of IEEE 802.11-compliant WLAN chipsets, software and reference designs, as well as solutions for applications based on HomePlug(TM) and HomePNA(TM). The company also offers a complete line of asymmetric and symmetric DSL central office solutions, which are used by service providers worldwide to deliver broadband data, voice, and video over copper telephone lines.

Conexant is a fabless semiconductor company with an annual revenue run-rate in excess of $900 million. The company has approximately 2,500 employees worldwide, and is headquartered in Newport Beach, Calif. To learn more, please visit www.conexant.com.

About Humax

Founded in 1989, Humax Co. Ltd of Korea is one of the world's leading digital satellite set-top box manufacturers, exporting its products to more than 90 countries across the globe. Listed on the Korean stock exchange (KOSDAQ), the company's international headquarters and R&D facility are based in Korea with offices in Dubai, Germany, India, Italy, Japan, the UK and the US. In 1997, the company opened a manufacturing facility in Northern Ireland that won a Queen's Award for Enterprise: International Trade in 2002. Further production facilities are located in Korea, India and China.

Conexant Safe Harbor 

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Conexant or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

These risks and uncertainties include, but are not limited to: the uncertainties of litigation, including claims of infringement of third-party intellectual property rights or demands that we license third-party technology and the demands it may place on the time and attention of our management and the expense it may place on the company; the risk that capital needed for our business and to repay our convertible notes will not be available when needed; the risk that the value of our common stock may be adversely affected by market volatility; general economic and political conditions and conditions in the markets we address; the substantial losses we have incurred; the cyclical nature of the semiconductor industry and the markets addressed by our products and our customers' products; continuing volatility in the technology sector and the semiconductor industry; demand for and market acceptance of our new and existing products; our successful development of new products; the timing of our new product introductions and our product quality; our ability to anticipate trends and develop products for which there will be market demand; the availability of manufacturing capacity; pricing pressures and other competitive factors; changes in our product mix; product obsolescence; the ability of our customers to manage inventory; our ability to develop and implement new technologies and to obtain protection for the related intellectual property; and possible disruptions in commerce related to terrorist activity or armed conflict, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings.

The forward-looking statements are made only as of the date hereof. We undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Conexant is a registered trademark of Conexant Systems, Inc. Other brands and names contained in this release are the property of their respective owners.