SAN JOSE, Calif. - June 23, 2004 - CEVA, Inc. (NASDAQ: CEVA;
LSE: CVA), the leading licensor of Digital Signal Processor (DSP) cores
and communications solutions to the semiconductor industry, today
announced it has extended its market leadership position as the number one
licensor of DSP technology in the industry, as reported by industry
analyst firm Gartner Dataquest. CEVA has experienced 40 percent
year-on-year growth from 2002-2003 in revenues for its leading DSP
technology, reinforcing its position as a driving force in the digital
Gartner Dataquest's report, "Market Share: Semiconductor Intellectual
Property, Worldwide, 2003," indicated that in 2003 CEVA continued to
dominate the DSP IP business with 63 percent worldwide market share. This
is up 40 percent over 2002 revenue figures for CEVA's DSP business.
CEVA's strong performance reflects the 25 licensee agreements completed
by the company in 2003 with leading semiconductor and electronics systems
customers including Broadcom Corporation, Infineon Technologies AG,
Renesas Technology Corp., Samsung, STMicroelectronics and VIA Telecom,
Inc. With more than 55 million DSP units shipped in 2003, CEVA estimates
that more than $0.5 billion in revenue was generated from the sale of end
products powered by CEVA DSP cores.
"Our relentless commitment to deliver industry leading complete
end-to-end DSP solutions that power leading-edge technologies continues to
drive sales," says Chet Silvestri, CEO, of CEVA, Inc. "We are very pleased
with the Gartner Dataquest report, but we will not take our position for
granted. CEVA is constantly evolving our DSP offering, adding
System-on-Chip frameworks and solutions to ensure we meet our customers'
ever-changing demands today and into the future."
CEVA DSP Cores
CEVA is the number one licensed DSP architecture in the semiconductor
industry. Our offerings span from low-power DSP cores such as
CEVA-TeakLite™ and CEVA-Teak™, established over the past 10 years, to
high-performance architectures such as CEVA-Palm™ and the most recently
launched architecture, the CEVA-X™. Each core delivers a different balance
of performance, power consumption and cost, allowing customers to select a
processor ideally suited to their target application. All are "soft cores"
that can be manufactured by any process and are supported with a complete
suite of Tools/Integrated Development Environment. CEVA DSP cores are also
supported by a range of GPS, Bluetooth, multimedia, and VoIP application
About CEVA, Inc.
Headquartered in San Jose, Calif., CEVA is the leading licensor of digital signal processor (DSP) cores, multimedia, GPS and storage platforms to the semiconductor industry. CEVA licenses a family of programmable DSP cores, associated SoC system platforms and a portfolio of application platforms including multimedia, audio, Voice over Packet (VoP), GPS location, Bluetooth, Serial Attached SCSI and Serial ATA (SATA). In 2005 CEVA's IP was shipped in over 115 million devices. CEVA was created through the merger of the DSP licensing division of DSP Group and Parthus Technologies. For more information, visit www.ceva-dsp.com.
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