Conexant Provides Key Semiconductor Technology for Nationwide MSN Broadband ADSL Service.

Business Editors & High-Tech Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jan. 6, 2003

ADSL Solution Provides MSN 8 Broadband Subscribers with

High-Speed, "Always Connected" Internet Access

Conexant Systems, Inc. (Nasdaq:CNXT), a worldwide leader in semiconductor system solutions for communications applications, today announced that its asymmetric digital subscriber line (ADSL) technology is being used in the MSN(R) DSL 1000 ADSL modem as part of the MSN 8 Broadband nationwide Internet access service.

"MSN's aggressive nationwide deployment of ADSL service is an important example of the expanding availability and consumer demand for broadband Internet access," said Chee Kwan, vice president of DSL products for Conexant's Broadband Communications Segment. "We are proud to be furnishing a key portion of the underlying technology for this major broadband service deployment in the U.S."

"MSN 8 Broadband provides our customers with a complete end-to-end, high-speed Internet experience that combines the powerful services and software included in MSN 8 with the essential hardware needed to deliver an easy-to-install and reliable solution," said Sarah Lefko, lead product manager of MSN Broadband at Microsoft Corp. "Conexant's ADSL technology is an important piece in providing this offering to our customers."

The MSN 8 Broadband offering combines a rich software service, a premium transmission network and high-quality hardware to optimize its subscribers' broadband experience. Conexant's ADSL technology helps to deliver this high-performance Internet access experience by providing technology that enables broadband modems to support downstream speeds of up to eight megabits per second (Mbps), an ideal solution for high-speed Internet, video delivery, and other streaming applications.

In addition, Conexant's support for multiple ADSL industry standards allows the MSN 8 Broadband service to be delivered over the same line that subscribers already use for telephone service, providing for simultaneous telephone calls and broadband Internet access.

Other features include an integrated 100 Mbps Ethernet interface and Windows Hardware Quality Lab (WHQL) approved universal serial bus (USB) connectivity for maximum interoperability with the Microsoft Windows operating system. Advanced software, such as Universal Plug and Play (UPnP), fully certified by the UPnP Forum, ensures seamless and robust networking connectivity among all devices in a home or office network.

Conexant's ADSL semiconductors lead the market in terms of integration and functionality. The company's chipsets and software systems solutions are optimized to address the growing demand for high-speed connectivity. With a portfolio of form-factor options from internal PCI to external USB and stand-alone bridge/routers, as well as the first complete ADSL endpoint solution, Conexant's ADSL product offering is ideal for a wide range of applications.

About Conexant

Conexant Systems, Inc., a worldwide leader in semiconductor system solutions for communications applications, leverages its expertise in mixed-signal processing to deliver integrated systems and semiconductor products through two separate businesses.

The Broadband Communications business develops and delivers integrated solutions that enable digital entertainment and information networks for the home and small office. Mindspeed Technologies(TM), the company's Internet infrastructure business, designs, develops and sells a complete portfolio of semiconductor networking solutions that facilitate the aggregation, transmission and switching of data, video and voice from the edge of the Internet to linked metropolitan area networks.

Conexant is headquartered in Newport Beach, Calif. To learn more, visit us at www.conexant.com or www.mindspeed.com.

Safe Harbor Statement

This news release contains statements relating to future results of Conexant (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 economic and market conditions, such as 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 successful separation of the company's broadband communications and Internet infrastructure businesses; the ability to attract and retain qualified personnel; and the uncertainties of litigation, as well as other risks and uncertainties, including but not limited to the security and safety risks of our employees and of company facilities and those risks and uncertainties 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.

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