Conexant and GlobespanVirata Merger Conference Call; Monday, November 3, 2003; 5:30 a.m. PST -- 8:30 a.m. EST.

Business Editors/High-Tech Writers

NEWPORT BEACH, Calif. & RED BANK, N.J.--(BUSINESS WIRE)--Nov. 3, 2003

Conexant Systems, Inc. (Nasdaq:CNXT) and GlobespanVirata, Inc. (Nasdaq:GSPN), invite financial analysts, members of the media and the public to participate in a conference call regarding the signing of a definitive agreement to combine the two companies in a strategic merger.

Dwight W. Decker, chairman and chief executive officer of Conexant, Armando Geday, president and chief executive officer of GlobespanVirata, and Matt Rhodes, president of Conexant, will participate in the call.

The conference call will take place on Monday, November 3, 2003, at 5:30 a.m. PST/8:30 a.m. EST.

To listen to the conference call via telephone, please call 866-710-0179 (domestic) or 334-323-9854 (international); security code: Conexant. To listen via the Internet, please visit the investor relations section of Conexant's Web site at www.conexant.com/ir.

Playback of the conference call will be available 30 minutes after the conclusion of the call on Conexant's Web site at www.conexant.com/ir or by calling 800-858-5309 (domestic) or 334-323-7226 (international); access code: 40983, pass code: 46324. Callers will need both the access code and pass code to listen to the replay.