Conexant Unveils Complete Family of VDSL and VDSL2 Semiconductor System Solutions; Accelity Production Chipsets Shipping to Customers for Global VDSL2 Deployments.

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 the Accelity(TM) family of highly integrated very high-speed digital subscriber line (VDSL) and VDSL2 central office (CO) and customer premise equipment (CPE) semiconductor solutions. The Accelity family includes VDSL and VDSL2 system solutions for asynchronous transfer mode (ATM) and packet-based digital subscriber line access multiplexers (DSLAMs) and client-side terminals. The new devices are targeted at triple-play broadband service deployments, remote terminal and fiber extension applications, and provide operators and manufacturers with the lowest total system cost available today. VDSL2 technology provides higher downstream and upstream data rates than ADSL and ADSL2plus, and longer reach connectivity than VDSL. The Accelity chipset family is based on industry-standard discrete multi-tone (DMT) line code technology, and is compliant with the recently ratified VDSL2/G.993.2 International Telecommunications Union standard. Production devices are available now and are shipping to customers worldwide.

"Our new VDSL chipset family builds on our proven track record in DSL innovation and digital signal processing to raise the bar in terms of density, and lower overall system cost," said Akram Atallah, vice president and general manager of Conexant's Broadband Access business. "Conexant has shipped more than 130 million DSL ports to customers globally, and we will continue to develop standards-based products to further strengthen our industry-leading position in broadband access semiconductor solutions."

According to industry analyst firm IDC, VDSL integrated circuit (IC) port shipments are expected to increase from 6.2 million ports in 2003 to 17.8 million ports in 2008, a 24 percent compound annual growth rate (CAGR).

"The early availability of production-grade VDSL2 silicon will be key to driving aggressive deployment for these systems in 2005 and 2006," said Sean Lavey, a program manager at IDC. "We believe most DSL OEMs will favor chip vendors with an extensive knowledge and a track record of delivering standards-based DSL technologies in order to ensure multi-vendor interoperability."

Accelity CO chipsets offer full-rate DSL performance and provide density, cost, power, and functionality benefits. The CO system solution includes Conexant's full-rate VDSL digital signal processor (DSP) and analog front-end (AFE) chipsets, providing ATM and packet support on a per port basis.

Accelity VDSL CPE solutions deliver advantages in performance, functionality, and cost, and are targeted at modems, Ethernet bridges/routers, wireless local area network (WLAN) and broadband residential gateways, and integrated access devices (IADs). The chipsets are based on the company's field-proven Integrated Software on Silicon (ISOS) platform, which minimizes software development time and provides a fast migration to VDSL for the company's current DMT ADSL customers.

Conexant's CO and CPE semiconductor solutions include a full range of standards-based integrated circuits, software and reference designs for asymmetric and symmetric DSL applications. Additional products include a highly integrated, multi-application CO network processor for the next-generation of intelligent DSL access equipment.

Availability and Pricing

The Accelity product family is available today. To accelerate time to market, complete CO and CPE reference designs for ATM and packet-based VDSL/VDSL2 applications are also offered.

The CO ATM and packet chipset solutions are priced at $15.00 per port in quantities of 100,000 each. The CPE ATM and packet chipset solutions are priced at $17.00 per port in quantities of 100,000 each.

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; 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 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.