TUALATIN, Ore.--(BUSINESS WIRE)--Jan. 15, 2003--Pixelworks, Inc. (Nasdaq:PXLW), a leading provider of system-on-a-chip ICs for the advanced display market, will release its fourth quarter and 2002 financial results on Tuesday, Jan. 21, 2003, following the market close.

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 fourth quarter and 2002 financial results at 2 p.m. PST 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 913/981-5592 and using pass code 653368. The Web broadcast can be accessed at http://www.firstcallevents.com/service/ajwz372486041gf12.html or by visiting the Investor Relations section at www.pixelworks.com. For those unable to listen to the live Web broadcast, the Web broadcast will be archived through Feb. 4, 2003. A replay of the conference call will also be available until 5 p.m. PST, Jan. 24, 2003, and can be accessed by calling 719/457-0820 using pass code 653368.

About Pixelworks, Inc.

Pixelworks, headquartered in Tualatin, Ore., is a leading provider of system-on-a-chip ICs for the advanced display market. 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, including flat-panel monitors, digital televisions and multimedia projectors. Our broad IC product line is used by the world's leading manufacturers of consumer electronics and computer display products to enhance image quality and ease of use. For more information, please visit the company's Web site at www.pixelworks.com.

Pixelworks is a trademark of Pixelworks, Inc. All other trademarks and registration marks are the property of their respective corporations.

CONTACT:
Pixelworks, Inc.
Jeff Bouchard, 503/454-1750 ext. 604 (Investors)
jeffb@pixelworks.com
www.pixelworks.com
or
Chris Bright, 503/454-1770 (Media)
cbright@pixelworks.com Web