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Synaptics and NXT to Develop Integrated Audio Solutions for Laptop Computers

SAN JOSE, Calif., Jul 29, 2003 /PRNewswire-FirstCall via COMTEX/ --

Synaptics(R) Incorporated (Nasdaq: SYNA), a leader in human interface solutions for mobile computing and communications devices, today announced it has entered into an agreement to license NXT plc's flat panel loudspeaker technology, SurfaceSound(TM). NXT plc is a British company focusing on audio and speech technology. Under the agreement, the two companies will work together to integrate NXT's audio technology with Synaptics' capacitive sensing technology to develop a TouchPad(TM) with speaker capabilities.

"Our relationship with NXT is another example of Synaptics providing leading interface solutions to the notebook market," said Synaptics' general manager Don Kirby. "This strategic relationship allows us to continue to create unique user interface solutions that add value to our PC customers and end users."

"NXT's long-term strategy continues to focus on partnering with industry leaders in commercializing our technologies," said NXT CEO David Pearson. "Synaptics, who has a reputation as an inventive and trusted technology partner, is a market leader in its field, and has significant market share in its product areas."

About Synaptics Incorporated

Synaptics develops advanced interface solutions for products as diverse as notebook and desktop computers, mobile computing and communications devices, automotive applications and security solutions. Synaptics products include: TouchPad(TM), the industry standard notebook pointing device; ClearPad(TM), a capacitive touch screen solution; TouchStyk(TM), a modular capacitive pointing stick solution; Spiral(R), an inductive, proximity sensing pen input system; cPad(TM), an LCD TouchPad; TouchScreen, a capacitive touch solution for large displays; and QuickStroke(R), a proprietary Chinese handwriting recognition software. More information about Synaptics can be found on the World Wide Web at www.synaptics.com.

About NXT

NXT's business is the invention, patenting, licensing and marketing of enabling technologies in sound and speech. NXT is setting a new world-standard in loudspeakers. It offers a superior alternative to existing technologies across most product sectors while creating new opportunities where conventional technology has been unable to deliver. NXT has developed industry-specific expertise and is focused on helping its licensees advance product to market efficiently and cost effectively.

NXT has more than 250 licensees for its patented SurfaceSound(R) flat panel loudspeaker technology. Licensees include 3M, Acer Computers, Armstrong, Authentic (mainly owned by NEC), DaimlerChrysler, Fujitsu Ten, General Motors, Intier, LG Electronics, Matsushita MEI, Philips, Pioneer, Siemens, Sony Ericsson Mobile Communications, TDK and Visteon. The company, which is fully listed on the London Stock Exchange (symbol NTX), has Technology Centres in Cambridge and Malvern and operations in London, Yokohama, Hong Kong, California and Detroit.

More information about NXT can be found on the World Wide Web at www.nxtsound.com.

NOTE: Synaptics, the Synaptics logo, cPad, TouchPad, TouchStyk, ClearPad, Spiral, and QuickStroke are trademarks or registered trademarks of Synaptics.

NXT, the NXT logo and SurfaceSound are trademarks or registered trademarks of NXT plc. 

    All other marks are the property of their respective owners.

This press release contains "forward-looking" statements about Synaptics, as that term is defined under the federal securities laws. Synaptics intends such forward-looking statements to be subject to the safe-harbor created by those laws. Such forward-looking statements include, but are not limited to, expectations of the development of a TouchPad product with speaker capabilities or the market acceptance of such a product. Synaptics cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include, but are not limited to: (a) the successful development of a product combining NXT and Synaptics' technology (b) market demand for OEM products using Synaptics' products (c) the failure of Synaptics' products and OEM products to deliver commercially acceptable performance, and other risks as identified from time to time in Synaptics' SEC reports, including Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and Annual Reports on Form 10-K. All forward- looking statements are based on information available to Synaptics on the date hereof, and Synaptics assumes no obligation to update such statements.

CONTACT: Amanda Mena of Synaptics Incorporated, +1-408-434-0110x178, or amena@synaptics.com; or Jennifer Ackman of Edelman, +1-650-429-2758, or jennifer.ackman@edelman.com, for Synaptics Incorporated.

SOURCE Synaptics Incorporated 

Amanda Mena of Synaptics Incorporated, +1-408-434-0110x178, or
amena@synaptics.com; or Jennifer Ackman of Edelman, +1-650-429-2758, or
jennifer.ackman@edelman.com, for Synaptics Incorporated

http://www.nxtsound.com

Copyright (C) 2003 PR Newswire. All rights reserved.

News Provided by COMTEX

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This website contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business, and can be identified by the fact that they do not relate strictly to historical or current facts. Such forward-looking statements may include words such as "expect," "anticipate," "intend," "believe," "estimate," "plan," "target," "strategy," "continue," "may," "will," "should," variations of such words, or other words and terms of similar meaning. All forward-looking statements reflect our best judgment and are based on several factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Such factors include, but are not limited to, the risks as identified in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Business" sections of our Annual Report on Form 10-K for our most recent fiscal year, and other risks as identified from time to time in our Securities and Exchange Commission reports. Forward-looking statements are based on information available to us on the date hereof, and we do not have, and expressly disclaim, any obligation to publicly release any updates or any changes in our expectations, or any change in events, conditions, or circumstances on which any forward-looking statement is based. Our actual results and the timing of certain events could differ materially from the forward-looking statements. These forward-looking statements do not reflect the potential impact of any mergers, acquisitions, or other business combinations that had not been completed as of the date of this filing.

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