Conexant and Liberate to Bring Complete Digital Set-Top Box Platforms to Market; Combined Solution to Speed Time-to-Market for Network Operators.Business Editors and High-Tech Writers NEWPORT BEACH, Calif. and SAN CARLOS, Calif.--(BUSINESS WIRE)--Oct. 30, 2000--Conexant Systems, Inc. (Nasdaq:CNXT) and Liberate Technologies (Nasdaq:LBRT LBRT Little Black Rubber Thingy LBRT Low Buck Racing Team ) Monday announced they will collaborate to develop a next-generation set-top box platform for telephone companies and for satellite, terrestrial and cable operators. By providing a complete, end-to-end solution in early 2001, the new platform architecture will enable more affordable products and will accelerate how quickly network operators can introduce new interactive services to consumers. The new reference design will integrate Conexant's set-top box devices with Liberate's TV Platform(TM) software to enable emerging interactive applications such as interactive television, Web browsing, e-commerce and personal video recording (PVR See DVR. ). As part of the collaboration, the two companies will integrate the Liberate TV Navigator(TM) client software and Conexant's chipsets for digital satellite, cable and terrestrial set-top boxes. In addition to collaborating on technology development, Conexant and Liberate will pursue joint marketing and sales initiatives to build and support market demand for the new set-top box platform. The collaboration supports a new industry paradigm in which silicon manufacturers and software developers are working directly with network operators to define future standards for digital cable and other interactive services. "We are pleased to strengthen this relationship with Conexant, and to leverage their industry-leading semiconductor communications technologies for interactive TV and set-top platforms," said Charlie Tritschler, vice president of marketing for Liberate Technologies. "Together, Liberate and Conexant are addressing the needs of network operators, hardware manufacturers and consumers for the latest interactive features at affordable prices." "Liberate's middleware solutions are an ideal complement to Conexant's IC portfolio and the powerful system processor in Conexant's CX22490 interactive TV decoder device," said Dan Marotta, vice president and general manager of Conexant's digital infotainment division. "Our combined solution will raise the bar for set-top box performance and functionality, and will bring a new generation of fully featured set-top devices within the reach of mainstream consumers for the first time." Conexant's comprehensive set-top box IC portfolio includes silicon tuners and demodulators, a single-chip programmable cable modem, dial-up and digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) modems, home-networking technologies and single-chip, back-end solutions with a high-performance CPU CPU in full central processing unit Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit. , 2D rendering engine, MPEG-2 audio/video decoder and programmable demultiplexer. These products enable set-top box platforms that support widely adopted digital cable, satellite television and digital terrestrial television Digital Terrestrial Television (DTTV or DTT) is an implementation of digital technology to provide a greater number of channels and/or better quality of picture and sound using aerial broadcasts to a conventional antenna (or aerial) instead of a satellite dish or broadband communications standards, including direct broadcast satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ), coded orthogonal frequency division multiplexing See FDM. (communications) frequency division multiplexing - (FDM) The simultaneous transmission of multiple separate signals through a shared medium (such as a wire, optical fibre, or light beam) by modulating, at the transmitter, the separate signals into separable (COFDM (Coded Orthogonal FDM) See OFDM. ), Data Over Cable Service Interface Specification (communications, networking) Data Over Cable Service Interface Specification - (DOCSIS) ITU-approved interface requirements for cable modems involved in high-speed data distribution over a cable television network. (DOCSIS (Data Over Cable Service Interface Specification) A cable modem standard from the CableLabs research consortium (www.cablelabs.com), which provides equipment certification for interoperability. ), EuroDOCSIS, digital video broadcast (DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. ) and Digital Audio Video Council (DAVIC DAVIC Digital Audio-Visual Council DAVIC Digital Audio Video Council ). The Liberate TV Platform software enables cable, satellite and telecommunication companies to deliver applications that integrate the Web's interactivity with the richness of TV-based content. Using open Internet and international broadcast standards, Liberate provides an efficient client (Liberate TV Navigator) and server (Liberate Connect(TM)) platform that combines the best of both the Internet and television into one compelling, interactive medium-enhanced TV. Liberate enables a range of services and applications from interactive advertising and gaming, to chat and e-mail, to enhanced programming. About Conexant Systems 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. Conexant's digital infotainment division is a leading provider of semiconductor systems for broadband and broadcast communications applications. Addressing the convergence of PCs with consumer entertainment products, the division's broad portfolio includes cable and wireless modems, IP telephony products, digital set-top boxes and digital broadcast and video solutions for personal computing appliances. About Liberate Technologies Liberate Technologies is a leading provider of a complete software platform for delivering Internet-enhanced content and applications to information appliances, such as television set-top boxes and game consoles. Liberate's Internet-based client and server software allows network operators, such as telecommunications companies, cable and satellite television operators and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. to provide consumers access to network operator-branded applications and services. With headquarters in San Carlos, the company has sales offices in the United States, Canada and the United Kingdom. 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 the company (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; 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. |
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