Tality to provide IP to Mindspeed for building leading edge networking solutions

Tality 10 Gigabit Ethernet MAC Key to MAN Solution

San Jose, CA. – April 22, 2002 – Tality Corporation today announced Mindspeed Technologies™, the Internet infrastructure business of Conexant Systems, Inc. (NASDAQ: CNXT), has licensed its 10 Gigabit Ethernet Media Access Control (MAC) IP. It will be used throughout Mindspeed as the basis for their next-generation 10 Gigabit systems. Industry experts Gartner, Inc. expect Ethernet to become the dominant Metropolitan Area Network (MAN) technology, approaching $50 billion worldwide by 2005.

 "We are very pleased with Tality's ability to offer a wide range of competitive advantages including functionality, performance, quality of deliverables and services," said Dr. Chin-Fu Chen, director, EDA & Core Technology Business Management for Mindspeed. "We have worked closely with Tality's Ethernet engineering and business teams and are impressed with both the quality of Tality's IP and the competency of their teams."

"Having Mindspeed as a customer is a key milestone for us," said Peter Hutton, group director for Tality's IC group. "Working with the world's leading semiconductor companies such as Mindspeed enables Tality to further enhance the features and quality of our IP. Our commitment to developing world class Ethernet IP has been driven by our conviction that the Ethernet success story is set to run and run."

Tality has a broad portfolio of foundry independent Ethernet IP available for both Layer 1 (PHY) and Layer 2 (MAC) including:

• MAC (10/100, Gigabit and 10 Gigabit)
• PHY and SerDes (DSP based 10/100 Ethernet PHY, 1.25Gb/s SerDes, 3.125Gb/s SerDes for XAUI with PCS functionality)
• VxWorks Software Drivers for the 10/100 MAC and Gigabit MAC

The Tality roadmap includes development of a 10 Gigabit SerDes as well as a range of PCS cores aimed at 10 Gigabit Ethernet applications.  In addition, Tality is a participating member of the 10 Gigabit Ethernet Alliance and a voting member of the IEEE 802.3ae (10G) and 802.3ah (Ethernet First Mile) Working Groups.

About Mindspeed Technologies
Mindspeed Technologies, the Internet Infrastructure business of Conexant Systems, Inc. (NASDAQ: CNXT), offers a complete portfolio of semiconductor and software solutions that range from physical-layer access devices at the edge of the Internet up through switch-fabric and network-processor products for the high-speed optical core.  Products for the Internet infrastructure are grouped into three high-growth areas: wide area network (WAN) transport, multi-service access, and broadband access.  Solutions for WAN transport focus on packet-based optical networks by providing a complete range of physical-layer transceivers, ATM products, and network processors.  The multi-service access business includes a comprehensive family of multi-service carrier IP gateway products with industry-leading voice-over-IP solutions.  The broadband access portfolio offers one of the industry's broadest lines of symmetrical and asymmetrical DSL solutions.  For more information, visit Mindspeed at www.mindspeed.com.

ABOUT TALITY
Tality Corporation, a subsidiary of Cadence Design Systems, Inc. (NYSE: CDN), is the world's largest electronic product development outsourcing provider.  Leading and emerging technology companies around the globe leverage Tality's engineering services and intellectual property for the design of complex electronic systems and integrated circuits. Tality is headquartered in San Jose, California. For more information about Tality, please visit us at www.tality.com

For more information, please contact:

Jim Douglas
Tality Corporation
408-944-7955
jimd@tality.com

Leslie Taschner
Cohn&Wolfe
415-477-4542
leslie_taschner@cohnwolfe.com

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Tality is a trademark of Tality Corporation.  Cadence is a registered trademark of Cadence Design Systems, Inc. Conexant is a registered trademark of Conexant Systems, Inc. All other trademarks are the property of their respective owners.