Conexant and Sierra Imaging Join Forces With Shutterfly to Create a Simple Online Digital-To-Print Photo Ordering Process.Business Editors & High-Tech Writers NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. & REDWOOD SHORES, Calif.--(BUSINESS WIRE) June 27, 2000 Innovative New Software Makes Uploading Digital Images Simple And Convenient For All Consumers Sierra Imaging, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Conexant Systems Inc. (Nasdaq:CNXT), developer of the Image Expert(R) series of feature-rich image management software for digital cameras; and Shutterfly, the leading online photo service chaired by Jim Clark Jim Clark - Dr. James H. Clark , founder of Silicon Graphics and Netscape Communications, Tuesday announced a new way for Shutterfly customers to easily transfer their digital pictures to the Shutterfly Web site. Shutterfly will now offer a special edition of Sierra's Image Expert software customized for use by Shutterfly customers. The software will display digital images on a user's PC by instantly showing recognizable thumbnails rather than the often hard-to-identify numbers or file names assigned by the user's digital camera or computer system. Users can simply click on the images they want uploaded to www.shutterfly.com, eliminating the tedious process of opening files to determine which images lie behind a file name like "P0000530.JPG See JPEG. jpg - JPEG " or "05090001.JPG." Multiple images can be selected before hitting the upload button for maximum efficiency. "This agreement with Shutterfly is part of a broader initiative we are mounting to help online photo services expand their customer base," said Kevin Strong, senior vice president and general manager of Conexant's Personal Imaging Division. "The acquisition of Sierra Imaging closed earlier this month, which now gives us the opportunity to further extend our image-management software to the online arena. It also gives online services a new way to grow the digital imaging market by making it easier for people to get prints. If you can't find a digital image, you can't use it -- our software helps solve that problem." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lyra Research, a leading digital imaging research organization, an estimated 192 million digital camera exposures will be uploaded worldwide in the year 2000. This number will jump to 1.5 billion exposures in the year 2002.(a) There is no doubt that the number of digital images being uploaded to the Internet is exploding. Shutterfly, Conexant and Sierra Imaging are committed to making it simple and convenient for users to transfer images to www.shutterfly.com. "We are extremely pleased to be working with Conexant and Sierra Imaging to offer this new value-added feature on the Shutterfly site," said Jayne Spiegelman, chief executive officer of Shutterfly. "We want to make it easy for consumers to manage their digital images and then transfer them to Shutterfly, and this new alliance is a great leap forward Great Leap Forward, 1957–60, Chinese economic plan aimed at revitalizing all sectors of the economy. Initiated by Mao Zedong, the plan emphasized decentralized, labor-intensive industrialization, typified by the construction of thousands of backyard steel in helping us meet that objective." Shutterfly Smart Upload Software is free and will be available July 6 at www.shutterfly.com. Further information about a Sierra Imaging upgrade can be found at www.sierraimaging.com. About Conexant Systems With a revenue run-rate of approximately $2 billion per year, 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 Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry , 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 data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. networks, cordless and cellular wireless telephony telephony without wires, usually employing electric waves of high frequency emitted from an oscillator or generator, as in wireless telegraphy. A telephone transmitter causes fluctuations in these waves, it being the fluctuations only which affect the receiver. See also: Wireless systems, personal imaging devices and equipment and emerging cable and wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 communications networks. The company aligns its business into five product platforms: Network Access, Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , Digital Infotainment, Personal Imaging and Personal Computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. . Conexant is a member of the S&P 500 and Nasdaq-100 Indices. For more information, visit Conexant at www.conexant.com. About Sierra Imaging Founded in 1994, Sierra offers one-stop-shopping for all key digital camera components, embedded imaging chips, firmware and imaging application software, allowing OEMs rapid market entry leveraging their individual strategies. The company offers comprehensive digital still camera solutions, including advanced embedded imaging chips and design kits, software for imaging peripherals and turnkey system A complete system of hardware and software delivered to the customer ready-to-run. In other words, just "turn the key" and go.  A Turnkey Video System designs. Sierra's award-winning Image Expert software product line, available for both Macintosh and Windows operating systems, is the leading image management software for digital cameras. Sierra also pioneered the first imaging software for Windows CE devices. For more information, visit www.sierraimaging.com. About Shutterfly Shutterfly is a new kind of photo service that makes it simple, convenient and fun for people to take and give pictures. With only the Internet and a camera, Shutterfly users can easily enhance, personalize, store and share photos. Most importantly, they can transform their digital pictures into 35mm-quality prints and have them mailed to anyone, anywhere. Shutterfly services are available at www.shutterfly.com and through partners including Yahoo!, Adobe and PhotoPoint. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. has headquarters in Redwood Shores and is backed by Jim Clark, Mohr Davidow Ventures, Adobe Ventures and Tom Jermoluk. For more information about the company, visit www.shutterfly.com. 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. Note to Editors: Shutterfly, Shutterfly.com, the Shutterfly logo and VividPics are trademarks of Shutterfly Inc. Image Expert is a trademark or registered trademark of Sierra Imaging Inc. in the United States and/or other countries. (a) 1999 Lyra Research Inc. and Photofinishing News Inc. |
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