Conexant-Based ADSL Modems Earn Key Government Certifications in China; Conexant's ADSL Chipset Shipping in USB, PCI and Ethernet Solutions in China.

Business Editors and High-Tech Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 4, 2001

Conexant Systems, Inc. (NASDAQ:CNXT), a worldwide leader in semiconductor system solutions for communications applications, today announced Conexant-based asynchronous digital subscriber line (ADSL) modems have earned key government certifications in China. Conexant is the first semiconductor manufacturer shipping certified ADSL chipsets for peripheral component interconnect- (PCI), universal serial bus- (USB), and Ethernet-based customer premise equipment (CPE) solutions in China today.

Beijing ZAccess Systems Ltd., Beijing QXComm Electronic Technology Development Co., Ltd., Fujian Star Network Technology Co., Ltd., Chunrui Technology (Shanghai) Co., Ltd., and Shanghai Radio Communication Equipment Co., Ltd. received certifications for their products from the Beijing Research Institute of Telecommunications Transmission, the Beijing Research Institute of Data Communication, and the Guangzhou TCT Labs, the three authorized national labs under the Chinese government's Ministry of Information Industry (MII). These certifications are necessary before modem products can be distributed and deployed by various China Telecom service providers.

"Achieving certification for our ADSL platforms is an important milestone for both Conexant and our customers in China as it enables us to ship products to support the growing ADSL market," said Chee Kwan, vice president of broadband products for Conexant's Personal Computing division. "We are committed to the market in China from both a product and customer support standpoint, and are proud to be the first fully certified supplier of multiple ADSL platforms. To further assist our customers, we have established the Conexant Communications Technology Development Co., a wholly owned subsidiary located in Shanghai to provide in-country customer support for the development and customization of our ADSL products."

Conexant offers a complete portfolio of ADSL modem chipsets, which leverage a common ADSL core engine as well as driver applications and web servers. The ADSL chipsets' modular design supports combination solutions including V.92, HomePNA and Ethernet. This ensures widespread interoperability and performance among all customer premise equipment offerings. Each solution is customizable, including multi-language support allowing manufacturers to achieve a unique look and feel for their solutions.

About Conexant

Conexant Systems, Inc. is a worldwide leader in semiconductor system solutions for communications applications. Conexant leverages its expertise in mixed-signal processing to deliver integrated systems and semiconductor products through two separate businesses: Conexant and Mindspeed Technologies.

Conexant's personal networking business is focused on wireless communications, digital infotainment and personal computing products that are used in mobile communications and the broadband digital home. Mindspeed Technologies is focused on Internet infrastructure products including WAN transport, multiservice access and broadband access for applications that extend from the edge of the Internet all the way to its optical core.

Conexant is headquartered in Newport Beach, Calif., and delivered revenues of $2.1 billion for fiscal 2000. The company is a member of the S&P 500 and NASDAQ-100 indices. To learn more, visit us at www.conexant.com or www.mindspeed.com.

Safe Harbor Statement

This press release contains statements relating to future results of Conexant (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: global economic and market conditions, such as 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; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the successful separation of the Company's Internet infrastructure and personal networking businesses; the ability to attract and retain qualified personnel; labor relations of the company, and its customers and suppliers; maintaining a consistent and reliable source of energy; and the uncertainties of 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.

Note to Editors: Conexant and Mindspeed are trademarks of Conexant Systems, Inc. Other brands and names contained in this release are the property of their respective owners.