Conexant Analog Modem Shipments Surpass 750 Million; Modem Pioneer Enables More Internet Connections Than All of Its Competitors Combined.

NEWPORT BEACH, Calif. -- Conexant Systems, Inc. (NASDAQ:CNXT), a worldwide leader in semiconductor solutions for broadband communications, enterprise networks and the digital home, today announced it achieved a new milestone with cumulative shipments of dial-up modems surpassing 750 million. Conexant has a long history of technological innovation and leadership in modem technology, including the development of the world's first dial-up modem chip. The company is also the world leader in DSL semiconductor solutions, with shipments exceeding 130 million ports.

"Conexant delivered the world's first analog modem integrated circuit, and our technology has connected more people to the Internet than all of our competitors combined," said Mark Duvall, vice president and general manager of the Universal and Voice Access business for Conexant. "Dial-up technology continues to be the world's most ubiquitous Internet connectivity option. It is a practical choice for applications where high-speed connectivity isn't available or a necessity. Building on our expertise in modem technology, we are also the only supplier shipping integrated modem/audio solutions to meet the changing needs of our customers and the industry."

Conexant Modem Innovation Timeline

1955      Developed first modem
1963      Proved 9600 bps feasibility over public telephone lines
1983      Introduced V.22bis modem, which became the de facto industry
           standard
1987      Launched world's first V.32 data modem
1990      Delivered world's first integrated fax/modem
1996      Unveiled new 56Kbps (V.90) modem technology
2000      Contributed key technologies to V.92 modem specification
2002      Shipped 500 millionth chipset
2005      Shipped 750 millionth chipset

The company's highly reliable analog modem chipsets can be found in desktop and notebook PCs, handheld devices, video game consoles, set-top boxes, and other platforms such as point-of-sale terminals, and provide Internet access to millions of users worldwide. Conexant's dial-up modem chipset offering encompasses all major industry standards including V.22, V.22bis, V.32, V.34, V.44, V.90, and V.92. Bus architectures supported include the HD Audio bus, peripheral component interconnect (PCI) bus, universal serial bus (USB), RS-232, and audio/modem chipsets that support AC-Link.

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(SM) 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 that recorded more than $900 million in revenues in fiscal year 2004. The company has approximately 2,400 employees worldwide, and is headquartered in Newport Beach, Calif. 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 substantial losses the company has incurred recently; 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 and product quality; the company's 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 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 demands it may place on the time and attention of company management; and the risk that the businesses of Conexant and GlobespanVirata have not yet been completely and may 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.

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