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Conexant Surpasses 300 Million DSL Port Shipments

^{Published on 2009-01-12 05:30:41, Last Modified on 2009-01-12 05:32:04 - Market Wire}
 

NEWPORT BEACH, Calif.--([ BUSINESS WIRE ])--Conexant Systems, Inc. (NASDAQ: CNXT), a leading supplier of innovative semiconductor solutions for imaging, audio, video and Internet connectivity applications, today announced that it has achieved a new milestone by surpassing 300 million cumulative DSL semiconductor port shipments. Conexant has a long history of technical innovation and leadership in broadband access technologies, including developing and delivering the industry's first DSL chipset.

"Our advanced DSL system-on-chip solutions have been deployed globally by major service providers to connect millions of enterprise and digital home network users to the Internet," said Cyrus Namazi, vice president of Marketing for Conexant's Broadband Access business. "Going forward, we plan to continue to leverage our technical expertise and market leading position to deliver innovative and timely solutions for growth markets including VDSL2, ADSL2plus gateways with integrated wireless LAN and voice-over-IP functionality, and IPTV applications."

Conexant's comprehensive broadband access portfolio includes central office (CO) and customer premises equipment (CPE) system-on-chip (SoC) solutions, software, and reference designs for asymmetric and symmetric DSL applications. Key products include a spectrum of ADSL2plus gateway solutions with integrated wireless networking and voice-over-IP functionality. The company also offers the most highly integrated VDSL2 CO and CPE solutions for voice, video, and high-speed data that enable "triple-play" broadband service deployments.

About Conexant

Conexant's comprehensive portfolio of innovative semiconductor solutions includes products for imaging, video, audio, and Internet connectivity applications. Conexant is a fabless semiconductor company that recorded revenues of more than $500 million in fiscal year 2008. The company is headquartered in Newport Beach, Calif. To learn more, please visit [ www.conexant.com ].

Safe Harbor Statement

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Conexant or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.

These risks and uncertainties include, but are not limited to: pricing pressures and other competitive factors; our ability to timely develop and implement new technologies and to obtain protection for the related intellectual property; the cyclical nature of the semiconductor industry and the markets addressed by our products and our customers' products; volatility in the technology sector and the semiconductor industry; our successful development of new products; the timing of our new product introductions and our product quality; demand for and market acceptance of our new and existing products; our ability to anticipate trends and develop products for which there will be market demand; our ability to successfully execute asset acquisitions, dispositions, mergers and restructurings; the availability of manufacturing capacity; changes in our product mix; product obsolescence; the ability of our customers to manage inventory; the risk that capital needed for our business and to repay ourindebtedness will not be available when needed; the risk that the value of our common stock may be adversely affected by market volatility; the substantial losses we have incurred; the uncertainties of litigation, including claims of infringement of third-party intellectual property rights or demands that we license third-party technology, and the demands it may place on the time and attention of our management and the expense it may place on our company; our ability to identify and execute acquisitions, divestitures, mergers or restructurings, as deemed appropriate by management; general economic and political conditions and conditions in the markets we address; and possible disruptions in commerce related to terrorist activity or armed conflict, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings.

The forward-looking statements are made only as of the date hereof. We undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Conexant is a registered trademark of Conexant Systems, Inc.