NEWPORT BEACH, Calif., October 1, 2001 – Mindspeed Technologies, the Internet infrastructure business of Conexant Systems, Inc. (NASDAQ: CNXT), today introduced the industry’s fastest and lowest power complementary metal oxide semiconductor (CMOS) octal serializer/deserializer (SerDes) transceiver. The newest member of the company’s SkyRail SerDes transceiver family, the M27211 Octal SkyRail transceiver delivers a range of bandwidth from 1 to 3.4 Gbps per channel, enabling an unprecedented 27.2 Gbps of bandwidth over all eight channels and consuming only 1.6 Watts of power. SerDes transceivers provide serial connectivity between internal system components such as line cards and switching elements where high bandwidth and minimum connector pin count are required. The new M27211 Octal SkyRail transceiver is designed for high-speed backplane and chassis-to-chassis applications in virtually every multi-port networking device in development today. With the addition of this new transceiver, Mindspeed’s SkyRail family offers the broadest range of SerDes transceivers in the industry – including single (CX27201), quad (M27207), and octal (M27211) devices – for the widest range of performance and highest data rates per channel of any other transceiver family currently available. The M27211 is equipped with Amplif-Eye2ä, Mindspeed’s second generation of signal conditioning circuitry, which will enable the re-use of legacy FR-4 backplanes and connectors for very high-speed designs. Mindspeed Technologies