Conexant Earns AMP Gigabit Ethernet MT-RJ Transceiver Design Win; Custom VCSEL Driver Clinches AMP Product Design Win.

Business Editors and High-Tech Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--June 1, 2000

Conexant Systems, Inc. (Nasdaq: CNXT) Thursday announced it will supply its MC2046 postamplifier and custom vertical cavity surface-emitting laser (VCSEL) driver to Tyco Electronics Corp.'s Fiber Optic Division for use in Tyco's small form factor AMP MT-RJ transceivers for Gigabit Ethernet data communications applications.

The products were added to Conexant's portfolio with the company's January acquisition of Microcosm Communications, a leading developer of analog and mixed-signal integrated circuits for the fiber-optic market.

"Conexant's flexibility and willingness to develop a custom variation of VCSEL driver tailored to our specific needs demonstrates their continued commitment to Tyco Electronics. Our relationship with the company was built on a series of standard products and custom developments, which provide the low cost, short lead times and very small die size that we demand," said Rodd Ruland, director of marketing and business development for the Fiber Optic Division of Tyco Electronics.

"Conexant's proven track record of optimized performance and minimal lead times gives Tyco Electronics the confidence in knowing we've designed in products that beat expectations and provide fast time to market."

Conexant's 1.25 Gbps postamplifier, MC2046, and custom VCSEL driver are BiCMOS devices and allow operations at either 3.3 or 5-volts.

"This design win demonstrates our serious involvement with Tyco Electronics and their small form factor AMP MT-RJ Gigabit Ethernet Transceiver. We have contributed to Tyco's successful migration to a 2.0 Gbps platform," said Alistair Blaxill, worldwide director of marketing for Conexant's Network Access Division.

"Further, our willingness to develop a custom VCSEL driver solution shows our ability to differentiate products on their behalf. We look forward to continuing this commitment to Tyco Electronics."

Prior to its acquisition by Conexant, Microcosm Communications began its relationship with Tyco Electronics (then AMP) in 1995. Today, the company supplies many of their IC product range, including a standard MC2042 LED driver and a custom postamplifier for Tyco Electronics' 156 Mbps multimode transceiver family.

"The plan is to keep designing products tailored for Tyco Electronics' specific requirements and to provide them with competitive advantages as they continue their migration to faster data rates," added Blaxill.

"One major advantage is Conexant's in-house silicon germanium (SiGe) technology. We offer an eight-inch process with added CMOS capability, giving us the lowest cost base in this segment of the fiber-optic networking marketplace for products with exceptionally high performance and low-power consumption."

About Tyco Electronics

Tyco Electronics Corp. is one of the major business units of Tyco International Ltd. (NYSE:TYC)(LSE:TYI)(BSX:TYC). Tyco Electronics is the world's leader in electrical, electronic and fiber-optic connectors and interconnection components and systems.

It has facilities located in more than 50 countries serving customers in the automotive, computer, communications, consumer electronics, industrial and power industries.

With its headquarters in Harrisburg, Pa., it is the largest passive electronics components supplier in the world, providing advanced technology products from its AMP, Elcon, Elo Touchsystems, HTS, M/A-COM, Madison Cable, OEG, Potter & Brumfield, Raychem, Schrack and Simel brands. Visit Tyco Electronics online at www.tycoelectronics.com.

About Tyco International

Tyco International Ltd. is a diversified manufacturing and service company.

Tyco is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems; the world's largest manufacturer, installer, and provider of fire protection systems and electronic security services; has strong leadership positions in disposable medical products, plastics, and adhesives; and is the largest manufacturer of flow control valves.

The company operates in more than 80 countries around the world and had 1999 revenues in excess of $22 billion.

About Conexant Systems

With a revenue run-rate of approximately $2 billion per year, Conexant is the world's largest independent company focused exclusively on providing semiconductor solutions for communications electronics.

With more than 30 years of experience in developing communications technology, the company draws upon its expertise in mixed-signal processing to deliver integrated systems and semiconductor products for a broad range of communications applications.

These products facilitate communications worldwide through wireline voice and data communications networks, cordless and cellular wireless telephony systems, personal imaging devices and equipment, and emerging cable and wireless broadband communications networks.

The company aligns its business into five product platforms: Network Access, Wireless Communications, Digital Infotainment, Personal Imaging, and Personal Computing. Conexant is a member of the S&P 500 and Nasdaq-100 Indices. For more information, visit Conexant at www.conexant.com.

Safe Harbor Statement

This news release contains statements relating to future results of the company (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: global and market conditions, including, but 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 and extent of utilization of manufacturing capacity; pricing pressures and other competitive factors; changes in product mix; fluctuations in manufacturing yields; product obsolescence; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the successful implementation of the company's diversification strategy; labor relations of the company, its customers and suppliers; and the uncertainties of litigation, as well as other risks and uncertainties, including but not limited to 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. Other brands and names contained in this release are the property of their respective owners.

Note to Editors: AMP, Elcon, Elo Touchsystems, HTS, M/A-COM, Madison Cable, OEG, Potter & Brumfield, Raychem, Schrack, Simel and Tyco are trademarks. Other products, logos, and company names mentioned herein may be trademarks of their respective owners.