Tualatin, Ore., October 16, 2000 — Pixelworks, Inc. (NASDAQ:PXLW), a leading designer and developer of system-on-a-chip semiconductors and software that enable the visual display of broadband content, will issue a news release describing its third quarter 2000 financial results and business outlook after the close of the market at 1 p.m. PDT, Tuesday, October 17, 2000.

Following the news release, Allen Alley, Pixelworks CEO, President and Chairman, and Jeff Bouchard, Pixelworks Vice President, Finance and Chief Financial Officer, will host a conference call to discuss the company's third quarter 2000 financial results at 2 p.m. PDT on the same day.

The conference call will be open to all interested investors through telephone and live audio Web broadcast. The conference call can be accessed by calling (913) 981-5572 and using pass code 926404. The Web broadcast can be accessed at www.streetfusion.com or by visiting the Investor Relations section at www.pixelworks.com. For those unable to listen to the live Web broadcast, the call will be archived through October 31, 2000. A replay of the conference call will also be available until midnight PDT, October 19, 2000, and can be accessed by calling (719) 457-0820 using pass code 926404.

About Pixelworks, Inc.
Pixelworks, headquartered in Tualatin, Oregon, designs, develops and markets system-on-a-chip semiconductors and software that enable the visual display of broadband content through a wide variety of electronic devices. Pixelworks' solutions process and optimize video, computer graphics and Web information for display on a wide variety of devices used in business and consumer markets. For more information, please visit the company's Web site at www.pixelworks.com.