Conexant and Conax Team to Secure Set-Top Box Design-Win and Improve HDTV Broadcast Security.

Sweden's Largest Triple-Play Operator to Deploy Humax Receivers

NEWPORT BEACH, Calif. -- Conexant Systems, Inc. (NASDAQ:CNXT), a worldwide leader in semiconductor solutions for broadband communications and the digital home, today announced that Humax, a leading international manufacturer of digital set-top boxes (STBs), has selected the company's CX2417X/CX2418X high-definition television (HDTV) STB system solution for a new receiver that will be deployed by ComHem, Sweden's largest triple-play voice, video and data operator. Conexant collaborated with Conax AS, a leading supplier of conditional access solutions for digital TV, to secure the design-win and deliver an integrated solution that improves the security of HDTV pay-television programming.

"The combination of our advanced HDTV decoders and Conax's proven encryption technology improves the security of pay-TV services, which is important for operators such as ComHem because it has a direct impact on their bottom line," said Lewis Brewster, executive vice president and general manager of Conexant's Broadband Media Processing business. "As a result of our collaboration with Conax, Humax can provide ComHem with a customized set-top box that will help them safeguard their programming and maximize their revenue opportunity."

"We have worked with Conexant on multiple programs, and they have consistently demonstrated their willingness to deliver differentiated products that meet the requirements of our diverse customer base," said Dr. JuHa Park, vice president and general manager of Humax' Set-top Box division. "This flexibility, coupled with their superior set-top box system solutions, is why we chose to work with them on this important project."

"The increased availability of HDTV programming has elevated the need for better safety measures to protect this valuable content," said Geir Bj[cedilla]rndal, chief operating officer and vice president, Sales and Marketing for Conax. "We are pleased that our collaboration with Conexant will provide operators and set-top box developers with a solution for this important requirement."

Conexant's CX2417X/CX2418X family features a complete suite of hardware and interfaces to process, format and display high-definition digital content with full support of high-bandwidth digital content protection (HDCP). The multi-format decoders support MPEG-1, MPEG-2/H.264 video, Dolby([R]) Digital, Dolby Digital Plus, MPEG-4 advanced audio coding (AAC) and aacPlus([TM]) audio. The product family is compatible with industry broadcast standards including DVB, and ATSC.

Conexant offers a comprehensive suite of digital STB components and system solutions for worldwide satellite, terrestrial, cable and IP entertainment broadcasting networks. The company's product offering includes silicon tuners, demodulators, MPEG audio and video decoders, and dial-up and DOCSIS modems. Complete reference designs that help manufacturers reduce cost and speed time-to-market are also available, bundled with a range of operating systems, middleware, drivers and development tools.

About Conexant

Conexant's innovative semiconductor solutions are driving broadband communications 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 802.11-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 an annual revenue run-rate in excess of $1 billion. The company has approximately 3,200 employees worldwide, and is headquartered in Newport Beach, Calif. To learn more, please visit www.conexant.com.

About Humax

Founded in 1989, Humax Co. Ltd of Korea is one of the world's leading digital satellite set-top box manufacturers, exporting its products to more than 90 countries across the globe. Listed on the Korean stock exchange (KOSDAQ), the company's international headquarters and R&D facility are based in Korea with offices in Dubai, Germany, India, Italy, Japan, the UK and the US. In 1997, the company opened a manufacturing facility in Northern Ireland that won a Queen's Award for Enterprise: International Trade in 2002. Further production facilities are located in Korea, India and China.

About Conax

Conax is a leading supplier of state-of-the-art conditional access solutions for digital TV, offering content protection for broadcast via all kinds of networks.

As a pioneer in the field of conditional access, Conax is a globally oriented player, with a solid base of clients in 60 countries. The headquarters are in Oslo, Norway. Conax has subsidiaries in the USA and India and Germany and sales & support offices in Singapore, China, South Korea, Brazil and Canada. Conax is ISO 9001 and BS7799 certified.

Conexant Safe Harbor

"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 the forward-looking statements.

These risks and uncertainties include, but are not limited to: the risk that capital needed for our business and to repay our indebtedness will not be available when needed; the risk that the value of our common stock may be adversely affected by market volatility; general economic and political conditions and conditions in the markets we address; the substantial losses we have incurred; the cyclical nature of the semiconductor industry and the markets addressed by our products and our customers' products; continuing volatility in the technology sector and the semiconductor industry; demand for and market acceptance of our new and existing products; our successful development of new products; the timing of our new product introductions and our product quality; our 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 our product mix; product obsolescence; the ability of our customers to manage inventory; our ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation, including claims of infringement of third-party intellectual property rights or demands that we license third-party technology, and the demands it may place on the time and attention of our management and the expense it may place on our company; 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.