Conexant Systems, Inc. Corrects and Replaces Previous Announcement, BW2013, CA-CONEXANT.Business Editors and High-Tech Writers NOTE: The following news release replaces and corrects the previous Conexant Systems, Inc. news release which ran earlier Friday on Business Wire, BW2013 (CA-CONEXANT). NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Jan. 5, 2000 Conexant Modem Technology Approved by Sony's Tools and Middleware Program for the PlayStation 2 Computer Entertainment System Conexant's Modem Design Also Supported by Leading Game Developers and Modem Manufacturers Conexant Systems, Inc. (Nasdaq:CNXT) Friday announced that the company's dial-up modem technology has been approved by Sony Computer Entertainment Inc. as a Tools and Middleware product to provide Internet connectivity for the PlayStation(R) 2 computer entertainment system. In addition, Conexant has developed dedicated modem drivers for the PlayStation 2 and has completed the adaptation of the driver to the TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. , PPP (Point-to-Point Protocol) The most popular method for transporting IP packets over a serial link between the user and the ISP. Developed in 1994 by the IETF and superseding the SLIP protocol, PPP establishes the session between the user's computer and the ISP using protocol stack The set of protocols used in a communications network. A protocol stack is a prescribed hierarchy of software layers, starting from the application layer at the top (the source of the data being sent) to the data link layer at the bottom (transmitting the bits on the wire). and/or browser software, which will be adopted by leading software developers such as Access Co. Ltd., SN Systems Ltd., and Planetweb Inc./ERGOSOFT Corp. "Internet connectivity is a key value-added feature for game players," said Akram Atallah, division director of after-market and embedded products for Conexant's Personal Computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. Division. "Our highly integrated solution allows modem manufacturers to easily and cost-effectively design products that add plug-and-play Internet connectivity for PlayStation 2 computer entertainment system." Game developers such as ASCII ASCII or American Standard Code for Information Interchange, a set of codes used to represent letters, numbers, a few symbols, and control characters. Originally designed for teletype operations, it has found wide application in computers. Corp., Capcom Co. Ltd., Enix Corp., Hudson Soft Co. Ltd., Koei Co. Ltd., Konami Co. Ltd., Namco Ltd., Square Co. Ltd. and Taito Corp. have also agreed to support Conexant's SmartSCM modem and will soon launch Internet-enabled games for PlayStation 2. These new games come equipped with Conexant's dedicated PlayStation 2 modem driver so users can enjoy a multitude of Internet game titles with a single Conexant-based SmartSCM USB modem. To prevent user confusion, retail modem boxes and Internet-enabled gaming software will contain a special logo identifying them as compatible with the PlayStation 2 computer entertainment system. Top-tier modem manufacturers including AIWA AIWA Asian Immigrant Women Advocates AIWA Armenian International Women's Association Co. Ltd., ASCII, Cadmus Micro Inc., a Billionton Systems Inc. company, I-O Data Device Inc., Melco Inc., and TDK TDK Türk Dil Kurumu (Turkish Language Council) TDK The Dark Knights (gaming clan) TDK Tokyo Denkikagaku Kogyo KK (TDK Electronics Co. Ltd. Corp. will use Conexant's SmartSCM(TM) Universal Serial Bus See USB. (hardware, standard) Universal Serial Bus - (USB) An external peripheral interface standard for communication between a computer and external peripherals over an inexpensive cable using biserial transmission. (USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ) V.90 chipset to create modems targeted for the PlayStation 2 market, with additional modem manufacturers to closely follow. Conexant's SmartSCM USB V.90 single-chip modem supports global telecommunication standards so that a single modem design can be initiated worldwide. End-user USB modems incorporating Conexant's chipset will be available in the first quarter of 2001. About Conexant Systems, Inc. With revenues of $2.1 billion in fiscal 2000, 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 organizes its activities into two business areas: Internet infrastructure, which consists of the Network Access Division, and personal networking, comprised of the Digital Infotainment, Personal Imaging, Wireless Communications and Personal Computing divisions. Conexant is a member of the S&P 500 and Nasdaq-100 Indices. For more information, visit Conexant at www.conexant.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; 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; the announced spin off of the Internet infrastructure business; labor relations of the company, its customers and suppliers; and the uncertainties of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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: PlayStation is a registered trademark of Sony Computer Entertainment Inc. |
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