Infineon Technologies Licenses Parthusceva's TeakLite DSP Core

SAN JOSE, CA, September 3, 2003 - ParthusCeva, Inc. (Nasdaq:
PCVA, LSE: PCV) the leading licensor of Digital Signal Processor (DSP)
cores and solutions to the semiconductor industry, announced today that
ParthusCeva's TeakLite® DSP core is powering Infineon Technologies' latest
single-chip GSM/GPRS wireless baseband controller, the S-GOLDlite™.
Infineon's licensing of the TeakLite DSP core for its next generation
GSM/GPRS baseband builds on many years of successful use of ParthusCeva's
earlier DSP core, OAKDSP®, which Infineon had deployed to power previous
2G and 2.5G wireless and wireline communications products. For the
S-GOLDlite™ wireless baseband controller, Infineon has combined
ParthusCeva's TeakLite DSP core with the ARM926™ microprocessor in a
highly optimized single-chip solution delivering full GPRS class-12
support and high-performance multimedia capabilities. "We are delighted to
extend our long-standing relationship with Infineon Technologies through
the deployment of our TeakLite DSP core in their 2.5G S-GOLDlite
baseband," said Chet Silvestri, CEO of ParthusCeva. "Infineon 2G baseband
solutions, powered by ParthusCeva DSP cores have achieved tremendous
market success, and we look forward to replicating that success with their
new generation 2.5G GPRS and EDGE chipsets."

About TeakLite

TeakLite is a 16-bit fixed-point general-purpose DSP core. Designed as
a solution for low-power, high-performance applications and high-speed
digital processing applications such as speech and audio processing,
wireless communication (GSM, CDMA, TDMA, EDGE, GPRS, etc.), modems,
advanced telecommunication systems, disk-drive controllers and embedded
control applications, TeakLite, is a fully synthesizable soft core and a
process independent core that is easily portable to any ASIC library.
TeakLite is a member of ParthusCeva's SmartCores™ family. These low-power,
fixed-point licensable DSP cores offer a range of performance, price and
power consumption balances, addressing a wide range of applications, from
low-end, high-volume applications, such as digital answering machines,
hard disk controllers, low speed modems and Voice over IP terminals, to
high performance applications such as third generation (3G) cellular
communications, broadband modems, consumer multimedia and Voice over IP
gateways. A comprehensive portfolio of software and hardware development
tools supports the SmartCores family. In addition, a large network of
third party companies offers applications, tools and design services
solutions.

About ParthusCeva, Inc.

Further information about ParthusCeva

A PDF copy of this press release is also available here

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ParthusCeva Safe Harbor Statement

Various statements in this press release concerning
ParthusCeva's future expectations, plans and prospects are
"forward-looking statements", which are subject to certain risks and
uncertainties that could cause actual results to differ materially from
those stated. Any statements that are not statements of historical fact
(including, without limitation, statements to the effect that the company
or its management "believes", "expects", "anticipates", "plans" and
similar expressions) should be considered forward-looking statements.
These statements are subject to a number of risks and uncertainties that
could cause actual results to differ materially from those described,
including the following:

  • the industries in which we license our
    technology are experiencing a challenging period of slow growth that has
    negatively impacted and could continue to negatively impact our business
    and operating results;

  • the markets in which we operate are highly
    competitive, and as a result we could experience a loss of sales, lower
    prices and lower revenue;

  • our operating results fluctuate from quarter to
    quarter due to a variety of factors including our lengthy sales cycle,
    and are not a meaningful indicator for future performance

  • we rely significantly on revenue derived from a
    limited number of licensees; and

  • other risks discussed in "Management's
    Discussion and Analysis of Financial Condition and Results of
    Operations--Factors that Could Affect Our Operating Results," in our
    quarterly report on Form 10-Q for the first quarter of 2003, filed with
    the U.S. Securities and Exchange Commission on May 14, 2003.