Conexant Introduces ADSL2plus Chipset with Integrated Voice and Support for High-Speed USB 2.0 Peripherals; New Device Provides Migration Path to VDSL2 and Enables WLAN Performance Improvements.

NEWPORT BEACH, Calif. -- Conexant Systems, Inc. (NASDAQ:CNXT), a worldwide leader in semiconductor solutions for broadband communications and the digital home, today introduced a new ADSL2plus chipset for client-side gateway applications. The highly integrated CX94515 delivers up to twice the throughput performance of solutions that are available today. Key features include an integrated two-channel voice over Internet protocol (VoIP) processor and dual high-speed universal serial bus (USB) 2.0 interfaces that can be used to attach peripherals such as wireless LAN devices, storage products, printers and Web-based digital cameras directly to the DSL gateway. In addition, the chipset is upgradeable to VDSL/VDSL2 technology, allowing manufacturers to maximize their engineering and software investments while migrating to new DSL technologies.

"We used our expertise in DSL, voice, and wireless networking technologies to create a feature-rich, high-performance solution that can be used in a wide variety of integrated broadband access and networking products," said Akram Atallah, vice president and general manager of Broadband Access for Conexant. "This flexibility allows our customers to deliver products to market more quickly and cost-effectively, which can provide them with a competitive edge."

The CX94515 is targeted at products including DSL bridge/routers, wireless DSL routers, and DSL VoIP integrated access devices (IADs). The chip is based on the powerful ARM-10 core processor. This integrated processor enables a new level of performance, functionality and flexibility. To further boost processing power, additional hardware engines have been incorporated in the devices. These include Conexant's PRISM Nitro(TM) XM technology which significantly increases 802.11g and 802.11a/g performance, and a security engine for computationally intensive tasks such as virtual private network (VPN) or wireless LAN encryption.

The new device also has integrated dual, standards-compliant 10/100 Ethernet interfaces, which allows for a combination of Ethernet and HomePlug(R) or HomePNA(TM) connectivity. The dual USB 2.0 ports eliminate the need for a bulky peripheral component interface (PCI), which reduces overall system cost and board size.

The CX94515 supports industry-standard operating systems including Linux(R), and Conexant's ISOS(R) software solution. The flexibility of the company's ISOS platform and rich feature set allows equipment developers to customize products to meet the needs of their subscriber base. In addition, ISOS supports DSLHome(TM), the DSL Forum's initiative to standardize and simplify the provisioning and configuration of the DSL gateway. ISOS is available on a variety of Conexant platforms, and facilitates the rapid integration of new features, which enables manufacturers to streamline the product development process.

Conexant is the market leader in DSL semiconductor solutions, and has shipped more than 130 million DSL ports to customers around the globe. The company's central office and customer premise equipment semiconductor solutions include a full range of standards-based integrated circuits, software and reference designs for asymmetric and symmetric DSL applications.

Device Availability, Packaging and Pricing

Samples of the CX94515 are available now, with volume production scheduled for the end of 2005. The device is packaged in a 376-pin plastic ball grid array (PBGA) and is priced at $15 each in production quantities. Reference designs that allow for rapid product prototyping are also available.

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

"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.

Our future GAAP-based results will be affected by the implementation of new accounting rules related to the expensing of stock options commencing in fiscal 2006. Other risks and uncertainties include, but are not limited to: general economic and political conditions and conditions in the markets we address; 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; continuing volatility in the technology sector and the semiconductor industry; 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 of our customers to manage inventory; 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 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.