Oak Technology, Conexant, Network WebWare Form Strategic Partnership

3/24/2003 - Oak Technology, Inc., (Nasdaq: OAKT) a leading provider of embedded solutions for the digital imaging and digital home entertainment markets, announced strategic relationships with Conexant Systems, Inc. (Nasdaq: CNXT) and Network WebWare, Inc. Oak will incorporate Conexant's market-leading fax modem chipset and Network WebWare's industry-proven fax firmware into its Quatro system-on-a-chip (SOC) reference platform for multifunction peripherals (MFPs). Under the Network WebWare agreement, Oak can also sublicense Network WebWare's firmware to original equipment manufacturer (OEM) customers as part of the Quatro SOC MFP reference design.

Inkjet and desktop laser MFP markets are expected to grow significantly in the next few years. Market research firm International Data Corporation (IDC) forecasts the size of the inkjet MFP market to be 12.1 million units in 2003, growing to 17.8 million units in 2006. IDC also forecasts the size of the desktop laser MFP market (less then 30 ppm) to be 2.2 million units in 2003, growing to 2.7 million units in 2006. MFP models that include fax capability currently account for approximately half of the unit volume. Oak expects that percentage to increase as the incremental cost of fax hardware and firmware declines.

OEMs generally recognize that fax technology is a complicated and time-consuming feature to implement due to complex standards and country-specific variations. Oak's reference platform based on proven Conexant and Network WebWare technology is designed to significantly shorten OEM's development cycle. Oak can now provide complete MFP reference systems based on its Quatro SOCs by addressing the requirements of the many top-tier OEMs that have so far chosen not to invest in developing fax hardware and firmware.

Oak's MFP reference design provides all of the functions expected in an MFP: print from PC, print from memory card, scan, copy and fax. For fax hardware, Oak's MFP reference design utilizes Conexant's powerful 33.6 Kbps FM336Plus fax modem chipset, while Network WebWare's firmware implements fax communications protocols, manages and logs incoming and outgoing fax jobs, and provides a customizable operator panel interface. Simon Dolan, vice president and general manager for Oak Technology's Imaging Group, commented, "We have worked closely with Conexant and Network WebWare to ensure a high-quality and complete solution for our customers."

Bob Kulakowski, chief technology officer, Network WebWare commented, "The market for fax technology is rapidly evolving demanding that MFPs include fax capability. Our technology is now shipping in several MFP products, and we're pleased that Oak has selected our proven firmware to complement their SOC design."

About Oak's Quatro Architecture
Quatro is a scalable, extensible architecture for constructing programmable SOCs targeted at personal imaging and printing appliances including multi-function peripherals (MFPs), direct-connect photo printers and Internet appliance printers, and any imaging or printing appliance that involves non-PC functionality. Quatro is Oak's platform for a series of application-specific SOC solutions targeted at high-volume consumer devices that require high-performance, cost-efficient image or video processing capability. The Quatro architecture, with its easy-to-use-programming environment, combines the advantages of software-based design with the prerequisites of cost-effective integration and high-performance processing.

Conexant's fax modem chip set for the Quatro SOC platform is currently available. Oak plans to the make Network WebWare's fax firmware available for general release in May 2003. For more information on Oak Technology and its industry-leading solutions, please visit www.oaktech.com or contact an Imaging Group sales representative at 781-638-7500.

About Oak Technology
Oak Technology, Inc., a leading provider of solutions for the manipulation and distribution of digital content, is committed to driving the emerging world of connected consumer appliances. The company's fully integrated products and technologies target two key markets: digital imaging (advanced copiers, printers, faxes, scanners and MFPs) and digital home entertainment (digital TV, HDTV and PVRs).

Oak Technology's Imaging Group, based in Woburn, MA, is a leading provider of software, imaging processors and system-on-a-chip solutions to the world's top printer OEMs including Canon, Hewlett-Packard, Okidata, Ricoh, Sharp, Toshiba TEC and Xerox. Oak Technology supplies technology to more than 40 OEMs worldwide, collectively representing 80 percent of the printing peripheral market. Oak's imaging products include IPSTM (Integrated Print System) page description language emulations (PCL, PostScript and PDF); imaging compression /decompression (iCODECTM) processors for digital imaging; and Imaging Digital Signal Processors (iDSPTM). Oak's complete system controller solutions for the personal imaging and printing markets include the OTI-4110, the first in a series of embedded programmable system-on-a-chip solutions based on its Quatro architecture.

Oak Technology is headquartered in Sunnyvale, CA and the company trades on the Nasdaq Stock Exchange under the symbol OAKT. Additional information about Oak and its digital solutions can be found at www.oaktech.com.

About Network WebWare
Network WebWare is a premier provider of Internet product development and Internet design support. It is an innovative company that is recognized by customers for delivering powerful, full-featured products with software that is reusable and highly stable. Network WebWare's team of exceptional programmers uses a structured approach to product design that utilizes all levels of experience during the product design cycle and a design methodology that yields efficient and effective results by reducing product design costs. To learn more about Network Webware, please visit us at: www.netwebware.com

About Conexant
Conexant Systems, Inc., a worldwide leader in semiconductor system solutions for communications applications, leverages its expertise in mixed-signal processing to deliver integrated systems and semiconductor products through two separate businesses. The Broadband Communications business develops and delivers integrated solutions that enable digital entertainment and information networks for the home and small office. Mindspeed TechnologiesTM, the company's Internet infrastructure business, designs, develops and sells a complete portfolio of semiconductor networking solutions that facilitate the aggregation, transmission and switching of data, video and voice from the edge of the Internet to linked metropolitan area networks. Conexant is headquartered in Newport Beach, Calif. To learn more, visit us at www.conexant.com or www.mindspeed.com.

Oak Technology is a registered trademark of Oak Technology, Inc. The Oak logo and Quatro are common law trademarks of Oak Technology, Inc.

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