Conexant Teams with Displaytech to Offer Imaging Solutions for Digital Camera Manufacturers

Visit Displaytech During PMA 2001, February 11 - 14, 2001 Orlando Convention Center, Booth #4296

ORLANDO, Fla., February 12, 2001 -- Conexant Systems Inc., (Nasdaq: CNXT) today announced a complete digital camera reference design kit that interfaces with Displaytech Inc.'s ferroelectric liquid crystal (FLC) microdisplays. Conexant's 1.3-megapixel CMOS reference design kit, combined with Displaytech's LightView QVGA microdisplay, provides a turnkey imaging solution for manufacturers of digital cameras and other imaging devices. In contrast with traditional digital signal processors (DSPs) and hard-wired ASICs, Conexant's programmable solution speeds time-to-market by allowing manufacturers to easily choose from a wide variety of supported features.

"Displaytech's LightView QVGA display modules have earned an excellent reputation among leading camera manufacturers for their display quality, small form factor and low power consumption," said Prasan Pai, business director for Conexant's Personal Imaging Division. "Our relationship with Displaytech will further our ability to meet our OEM customers' needs for turnkey digital camera solutions."

Conexant's reference design kit incorporates the company's 1.3-megapixel CMOS sensor and the Raptor™ II-C; a next-generation advanced digital camera processor. By incorporating all the necessary hardware, firmware and software needed to create a digital still camera, Conexant's reference design kit dramatically simplifies the design process and shortens time-to-market. To achieve seamless integration with the Displaytech microdisplay, Conexant developed a new firmware module running on the Conexant Raptor II-C for its reference design kit. The reference design also can be expanded to incorporate many of Conexant's existing communications technologies, such as Bluetooth short-range connectivity technology and embedded V.90/V.92 modems.

Displaytech's LightView QVGA microdisplays feature outstanding image quality in a small, lightweight form factor. With resolutions of 320 x 240 pixels, 24-bit color and a display diagonal of 0.19 inch, these microdisplays enable OEMs to produce innovative designs with outstanding optical clarity. In addition, the inherent low power consumption of patented FLC microdisplays, along with Conexant's low-power CMOS sensor, extends the battery life of digital camera designs.

"With its outstanding feature set and easy programmability, Conexant's 1.3 megapixel CMOS reference design kit is an ideal complement to our LightView QVGA microdisplay module," said J.P.VALiulis, senior director of business development for Displaytech. "By collaborating with Conexant, we can offer customers a comprehensive capture and display solution they can quickly and easily incorporate into next-generation digital still camera designs."

About Conexant Systems Inc.

With revenues of $2.1 billion in fiscal 2000, 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, 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 organizes its activities into two business areas: Internet infrastructure, which consists of the Network Access products, and personal networking, comprised of Digital Infotainment, Personal Imaging, Wireless Communications and Personal Computing products. Conexant is a member of the S&P 500 and Nasdaq-100 Indices. For more information, visit Conexant at www.conexant.com.

About Displaytech

For more information visit www.displaytech.com.

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LightView is a trademark, and LightCaster is a U.S. registered trademark of Displaytech Inc.

Safe Harbor Statement
This press release contains forward-looking statements that involve numerous risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission, some of which are summarized under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended July 1, 2000 and updated in subsequently filed reports. In particular, timely introduction of Concord's new digital cameras will require satisfactory completion of our development effort and initiation of full-scale production.