Conexant-Based Ethernet ADSL Modems Selected by Korea's Top Two Telecommunications and Service Providers.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. , Calif.--(BUSINESS WIRE)--Jan. 29, 2002 Korea Telecom KT (formerly, Korea Telecom, Korean: 한국통신, NYSE: KT) is South Korea's top integrated wired/wireless telecommunication service provider. KT has been Korea's leader in the development of the information & communications business for the last 25 years and Hanaro Telecom Hanaro Telecom, Inc. is a Seoul-based Korean telecommunications company, one of the largest providers of high-speed broadband internet access in South Korea. The company also is one of the largest telephone companies in South Korea, one of only two companies licensed to provide Select Ethernet-Based ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line Modems Provided by MAC Systems Co. Ltd. Conexant Systems, Inc. (Nasdaq:CNXT), a worldwide leader in semiconductor system solutions for communications applications, today announced Korea Telecom and Hanaro Telecom have selected Conexant-based Ethernet asynchronous Refers to events that are not synchronized, or coordinated, in time. The following are considered asynchronous operations. The interval between transmitting A and B is not the same as between B and C. The ability to initiate a transmission at either end. 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 (ADSL) modems for use in their networks. Korea Telecom and Hanaro Telecom are the two largest telecommunications and service providers in Korea. ADSL uses existing phone company lines to send high-speed digital signals. There are ADSL modems at both ends of the transmission -- on the customer premises equipment See CPE. (CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises. CPE - Customer Premises Equipment ) side and the telephone company central office side, through a digital subscriber line access multiplexer A Digital Subscriber Line Access Multiplexer (DSLAM) allows telephone lines to make faster connections to the Internet. It is a network device, located near the customer's location, that connects multiple customer Digital Subscriber Lines (DSLs) to a high-speed Internet (DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. ). ADSL provides the next step in enhanced Internet access over telephone lines, with increased speed, an always-on connection and both voice and data sharing the same line. MAC System Co. Ltd., one of the leading manufacturers of multimedia and communication products in Korea, will be handling the deployment of the modems. "Approval of MAC Systems' Ethernet product on Korea Telecom and Hanaro networks is a testimonial to the broad interoperability and performance of our ADSL technology," said Chee Kwan, vice president of broadband products for Conexant's Personal Computing division. "These two leading service providers continue to install several types of DSLAM equipment on their network and our ADSL technology is poised for even broader deployment in Korea." "Our competitive edge and interoperability make this a great product for Korea Telecom and Hanaro Telecom networks," said Jay Cho, director of sales and marketing for MAC Systems Co. Ltd. "We're proud to work with Conexant on delivering cost-effective Ethernet-based solutions. We plan to leverage Conexant's portfolio of broadband and networking solutions to provide a full range of products for this dynamic market." According to UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg's Korea Telecom Sector Update, 16.6 percent of the total population or 52 percent of all Korean households had broadband access at the end of 2001. Total broadband subscribers at the end of 2001 amounted to 7.8 million with a year-end 2002 outlook estimate of 9.7 million subscribers. About MAC System Co. Ltd. MAC System Co. Ltd., located in Kunpo, Korea, is one of the leading 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 CPE manufacturers. Products developed by MAC System are selected by worldwide carriers and service providers. MAC System now serves Korea Telecom, Hanaro Telecom and many others. For more information on MAC System and its broadband solution, visit the company's Web site at http://www.macsysco.com. 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 three separate businesses that address the wireless communications, broadband access and Internet infrastructure markets. Conexant's wireless communications business is focused on providing power amplifiers, radio-frequency subsystems and complete systems solutions. The broadband access business develops and delivers integrated solutions that enable digital entertainment and information networks for the home and small office. Mindspeed Technologies, the company's Internet infrastructure business, designs, develops and sells a complete portfolio of semiconductor networking solutions that facilitate the aggregation, transmission and switching of data, video and voice from the edge of the Internet to linked metropolitan area networks and long-haul networks. Conexant, headquartered in Newport Beach, Calif., delivered revenues of $1.1 billion for fiscal 2001, and has approximately 6,900 employees worldwide. 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 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 Conexant (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 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 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 planned disposition of certain assets; the successful separation of the company's broadband access and Internet infrastructure businesses; the successful merger of the company's wireless communications business with Alpha Industries Inc.; the ability to attract and retain qualified personnel; 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 the security and safety risks of our employees and of company facilities and those risks and uncertainties 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. |
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