Press Release

Heather McLaughlin
Benjamin Group/BSMG Worldwide
714-245-7500
heather_mclaughlin@benjamingroup.com

CONEXANT PAVES THE WAY FOR THIRD-GENERATION WIRELESS DEPLOYMENT WITH SOLUTIONS FOR EMERGING CDMA2000 STANDARD

Conexant's Highly-Integrated Chipsets For Code Division Multiple Access (CDMA) 2000 Standard Enable Next-Generation Wireless Voice And Data Communications

NEWPORT BEACH, Calif., Feb. 28, 2000 - Conexant Systems Inc. (NASDAQ: CNXT) today announced a family of radio frequency (RF) and mixed-signal integrated devices that provide CDMA phone manufacturers with an easy migration path from current cdmaOne (IS-95A and IS-95B) standards to the emerging cdma2000 wireless standard. Supporting high data rates of up to 2 Mbps, the new cdma2000 standard enables phone manufacturers to develop Internet-ready products. This standard will allow the creation of wireless phones supporting voice, high-speed data and video, as well as digital e-commerce and real-time audio and video streaming.

Conexant's latest CDMA products offer industry-leading integration, fast time-to-market and low power consumption, and support the high data rates and greater voice capacity needed for future third-generation (3G) deployment. Ideal for small form-factor phones, a variety of configurations are available to support PCS only, dual-mode CDMA cellular/advanced mobile phone services (AMPS) and tri-mode CDMA cellular/AMPS/PCS handsets.

"By providing compatibility with cdmaOne standards and new cdma2000 standards along with multi-mode capability, Conexant's latest CDMA solutions offer a quick, low-risk migration path to 3G technology as our customers begin planning for cdma2000 deployment," said Mohy Abdelgany, vice president, RF components and subsystems of Conexant's Wireless Communications Division. "With just four chips, we provide customers with a complete RF solution for cdma2000 phones, while ensuring backward compatibility with today's CDMA networks and handsets."

According to market analyst Will Strauss of Forward Concepts, the CDMA market is the fastest growing cellular market, and is expected to surpass 60 million units in 2000. "The migration path from cdmaOne to third-generation cdma2000 is very clear and Conexant has the RF and mixed-signal technology to also grow rapidly with this market," said Strauss.

Conexant's CDMA devices are used by the world's leading wireless phone manufacturers and included in approximately 70 percent of all CDMA handsets shipped. The company's newest CDMA devices consist of a transmit/receive subsystem, a baseband analog processor (BAP) and a power management integrated circuit (PMIC). The chipsets can be purchased separately or as a total solution.

Conexant's CDMA transmit/receive subsystems expand the company's offerings for the RF subsystems market. They feature a patented chip-scale, 40-pin land grid array (LGA) package - a process that Conexant was the first to commercialize for RF applications. The products' compact design provides one of the industry's smallest packages (6x6 mm for single band, and 7x7 mm for dual band) with this level of functionality, and enables phone manufacturers to easily reduce overall handset size. Available in a variety of compact packages for different phone designs, the BAP provides the world's lowest current consumption CODEC with half the power and size of Conexant's previous generation offering of baseband analog processors.

Conexant's latest CDMA PMIC maximizes talk and standby capabilities by optimizing the battery's resources and includes a smart-charging and sensing feature for charging the phone battery. Consolidating previously discrete power-related functions into a single device, its compact design is ideal for miniaturized handsets. The device is packaged as a 48-pin LGA or 48-pin thin quad flat pack (TQFP).

Available now, the CDMA RF subsystem including the transmit/receive devices, PMIC and BAP is priced at less than $15 in production quantities. To complement the CDMA RF subsystem, Conexant is also offering a SiGe dual-band, tri-mode, low-noise amplifier (LNA)/mixer, which will be sampling in May and available for $3.50 in June in production quantities.

Safe Harbor Statement
This press 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 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; 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; timely completion of Year 2000 modifications by the company and its key suppliers and customers; 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. Other brands and names contained in this release are the property of their respective owners.

About Conexant
With revenues of more than $1.2 billion, Conexant is the world's largest independent company focused exclusively on providing semiconductor products 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 aligns its business into five product platforms: Network Access, Wireless Communications, Digital Infotainment, Personal Imaging, and Personal Computing. Conexant is a member of the Nasdaq-100 Index, which represents the largest and most active stocks listed on The Nasdaq Stock Market across major industry groups. For more information visit Conexant's website at www.conexant.com.

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