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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tony Viola who wrote (98928)	2/14/2000 9:42:00 AM
From: Tony Viola	Respond to of 186894

Hooking up with one of the new hot chip companies (spinoff of Rockwell). Conexant Semiconductor Products Support Intel's Specification for Low-Cost PC Network, Audio and Modem Solutions MONDAY, FEBRUARY 14, 2000 6:18 AM - BusinessWire NEWPORT BEACH, Calif., Feb 14, 2000 (BUSINESS WIRE) -- Conexant's Modem-Only And Audio/Modem Products Fully Support Intel's New Communication And Networking Riser (CNR) Specification For Creating Low-Cost, Flexible PC Design Platforms Conexant Systems Inc. (Nasdaq:CNXT) Monday announced that the company's Audio Codec (AC) link products for low-cost modem-only and audio/modem solutions fully support the new communication and networking riser (CNR) specification released today by Intel Corp. Conexant's AC-link products include the SmartMC(TM) modem-only solution and SoftAMC(TM) audio/modem solution, both of which eliminate the need for a separate bus interface device. This enables them to work with any bus configuration while achieving the lowest possible system cost for either modem-only or audio/modem functionality in a desktop or portable system. When used with Intel's new CNR specification, they play a key role in helping to reduce OEM costs for implementing audio and modem subsystems widely used in today's "connected PCs." "Conexant's AC-link products offer ideal solutions for implementing Intel's CNR specification," said Matt Rhodes, senior vice president and general manager for Conexant's Personal Computing Division. "Through the use of industry standard interfaces, they are fully compatible with Intel's goal of creating a scalable motherboard riser card and interface that supports the audio, modem and network interfaces of core logic chipsets." Intel's CNR specification is designed to improve flexibility in PC platform design, at a lower cost than is possible with standard add-in cards. "Products such as Conexant's AC-link products demonstrate how the CNR specification, released by Intel, can give PC manufacturers significantly broader options in the FCC and international certification processes while maximizing motherboard space, and meeting other manufacturer-specific requirements," said Tom Matson, director of marketing for Intel's OEM Platform Solutions Division. Introduced in February 1999, the SoftAMC and SmartMC system solutions are both shipping in volume and are used in PCs from such leading manufacturers as NEC. About Conexant Systems With revenues of approximately $1.5 billion, 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 aligns its business into five product platforms: Network Access, Wireless Communications, Digital Infotainment, Personal Imaging, and Personal Computing. Conexant is a member of the S&P 500 and Nasdaq-100 Indexes. For more information, visit Conexant at www.conexant.com. Safe Harbor Statement This news 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. Copyright (C) 2000 Business Wire. All rights reserved.