Conexant's Set-Top Box Chipsets to Power X-Digital's Next-Generation DVB Receivers; Flexibility and Integration Cited as Factors in Selection Process.

Business Editors/High-Tech Writers

RED BANK, N.J.--(BUSINESS WIRE)--June 10, 2004

Conexant Systems, Inc. (NASDAQ:CNXT), the worldwide leader in semiconductor solutions for broadband communications, enterprise networks and the digital home, today announced that X-Digital Systems, Inc. (XDS), a leading developer of electronic distribution, satellite transmission, and audio systems, has chosen the company's CX24109 satellite tuner and CX24143 MPEG decoder semiconductor solutions for its next-generation digital video broadcast (DVB) set-top box (STB). X-Digital's new STB will allow the distribution of video, music and data to TVs and stereos in a home, school, airport terminal or other business settings.

"We are pleased that X-Digital recognized the value of our complete DVB product line, and chose our solutions for their next-generation set-top box," said Jeff Crosby, vice president of Set-top Box Products for Conexant. "The high level of integration and multi-functional capabilities of our satellite set-top box chipset will provide X-Digital with a cost-effective, high-performance solution to meet their market needs."

"Our goal is to create low-cost products that support the distribution of multimedia content over home and business networks," said Ian Lerner, president of X-Digital Systems. "The flexibility and programmability of Conexant's highly integrated chipsets allow us to reduce the development time, cost and risk associated with these complex products."

X-Digital's low-cost and high-volume consumer products make it possible to broadcast the same content to multiple locations or to output specific content live or on-demand, at each location. Production of their new set-top DVB receiver is scheduled for January 2005, with distribution planned for the first quarter of 2005. The STB will be manufactured in China for sale in local and international markets.

Conexant's CX24109 is the industry's most highly integrated digital satellite tuner for set-top boxes, digital video, audio, and data receiver applications. It is based on a direct-conversion, Zero-IF architecture, which reduces the number of components required for operation. In addition, it includes an integrated low noise amplifier, an integrated variable baseband filter that provides optimal interference rejection, and an integrated local oscillator with on-chip voltage-controlled oscillator and synthesizer that further reduces the overall complete cost of the tuner portion of the set-top box.

The CX24143 DVB decoder features all of the major subsystems required to implement the core system and decoder electronics of a DVB-compliant free-to-air common interface (FTA-CI) STB. The solution consists of an MPEG-2 A/V decoder (Dolby Digital audio is optional), transport processor, a 32-bit RISC CPU, a hardware 2D graphics accelerator, TV encoder, QPSK demodulator, a video/graphics display compositing controller, and a set of peripheral I/O ports for set-top box front and back panel connectors. This high level of integration results in a very low-cost system bill-of-materials for FTA and FTA-CI STB markets worldwide.

About XDS

XDS is a technology development company with over 10 years of expertise in the IP networking and data distribution fields. XDS has developed and licensed communications products in the United States and Japan. XDS provides its customers complete solutions including back office systems in addition to the remote client systems. For more information, see www.xdigital.com.

About Conexant

Conexant's innovative semiconductor solutions are driving broadband communications, enterprise networks 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 802.11a/b/g-compliant WLAN chipsets, software and reference designs, as well as solutions for applications based on HomePlug(R) 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 annual run-rate revenues of approximately $1.2 billion. The company has approximately 2,400 employees worldwide, and is headquartered in Red Bank, N.J. To learn more, please visit us at www.conexant.com.

Safe Harbor Statement

This press release contains statements relating to our future results (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; the uncertainties of litigation; and the risk that the businesses of Conexant and GlobespanVirata will not be integrated successfully, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

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