Conexant Unveils Next-Generation Video Encoder with Support for Intel-Developed sDVO Interface.

RED BANK, N.J. -- CX25900 Series Integrates Dual DVI Transmitter, TV-Out and VGA Outputs to Support Concurrent PC and TV Display Applications

Conexant Systems, Inc. (NASDAQ: CNXT), a worldwide leader in semiconductor solutions for broadband communications, enterprise networks and the digital home, today introduced the industry's most comprehensive and feature-rich family of video encoders for notebook and desktop personal computers that are fully compliant with Intel's new serial digital video output (sDVO(R)) front-end interface. The high-performance CX2590X encoder family is the first single-chip solution in the world to combine an integrated dual digital visual interface (DVI) transmitter with standard and high-definition TV-out and VGA outputs that are capable of operating simultaneously and independently from one another through the Intel(R) Graphics Media Accelerator 900 in the Intel 915G(R) Express Chipset. This capability allows individuals to concurrently view different images on multiple display screens. For example, an individual can download photos from a digital camera onto their personal computer, assemble a slide show, edit images and captions, and then display the pictures on a television. At the same time, they can continue to edit images on a flat panel screen that is connected to the PC.

"Our new encoder family is an extension of our proven high-definition video encoder and DVI product lines, which allows system manufacturers to leverage a single platform for multiple applications," said Greg Fischer, vice president of Convergence Video Products for Conexant. "The transition by PC manufacturers to Intel's serial bus architecture requires a subsequent transition to new devices that support sDVO. We worked closely with Intel to develop a solution that meets this need, and are proud to be the first company to provide a single-chip sDVO-compliant solution that can support multiple streams and high-definition video with options for DVI, component video and VGA outputs to system manufacturers worldwide."

"As the convergence of living room entertainment center and personal computers becomes reality, the need for supporting high-definition video and multiple connections to consumer video components is essential," said Rob Crooke, vice president for Intel Corporation's Desktop Platforms Group. "We are pleased to work with companies like Conexant to provide this option to consumers using Intel's sDVO interface."

The device family builds upon the legacy and success of the CX2587X high-definition television (HDTV) encoder and the CX2589X DVI transmitter with HDTV-out. The new chip further enhances the HDTV-out functionality of the previous encoder by incorporating six separate digital-to-analog converters enabling the simultaneous interconnect of composite, S-Video and component interfaces. Additional features include adaptive flicker filtering for enhanced image output and improved viewing quality.

Conexant offers a complete suite of components and system solutions for all major consumer video applications ranging from standard and high-definition video to interactive consumer entertainment services delivered through a set-top box, PC, digital video recorder or game console. The company's video and multimedia product offering includes analog video encoders and decoders, PCI video decoders, MPEG encoders and codecs, software and complete reference designs.

Pricing and Availability

Samples of the CX2590X video encoders are available now, with volume production scheduled for December 2004. The high-performance integrated circuit is offered in several pin-compatible configurations to support a variety of display signals, with options to drive one, two or three display media simultaneously. The device is packaged in a compact 14mm x 14mm 128-pin exposed thin quad flat pack (ETQFP). Prices range from $6.00 to $7.00 each in quantities of 10,000, depending upon feature set.

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(R) 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 with annual run-rate revenues of approximately $1 billion. The company has approximately 2,400 employees worldwide, and is headquartered in Red Bank, N.J. 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 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 will 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.