San Jose, CA - June 11, 2002 - Parthus Technologies plc.,
(Nasdaq: PRTH, LSE: PRH), a leading provider of platform-level
intellectual property targeting the mobile Internet, will demonstrate its
most advanced industry leading Bluetooth IP solution - BlueStream - along
with numerous examples of customer certified silicon at the Bluetooth
Congress in Amsterdam this week (11-14 June, 2002).
Parthus' pioneering BlueStream™ platform is widely acknowledged to
deliver the highest levels of Bluetooth wireless functionality and
performance to electronic device developers and manufacturers, offering
reduced time to certification, rapid time to market and exceptionally low
cost of deployment across a broad range of consumer and business
applications. As a market ready solution, the BlueStream™ platform is
fully compliant with all mandatory and optional features required in
Bluetooth specification version 1.1 and surpasses many industry norms in
terms of the immensely rich feature set and complete functionality which
the platform provides. In addition, the availability of an extensive range
of profiles with Parthus BlueStream serves to further accelerate a
products time to market offering our customers optimum product flexibility
and increased market share.
The Parthus demonstration will encompass all aspects of Parthus' Core
BlueStream™ IP platform to include interoperability with standard products
readily available on the market, reliable high speed wireless connections
and profiles for niche markets including headsets, cordless telephones,
dial-up networking, file transfer and intercom, among others. Each
function shown will outline routes for rapid entry into niche market
segments and insights into the achievement of significant and sustainable
differentiation in a highly competitive marketplace.
Additionally, throughout the four-day event Parthus will showcase
numerous examples of customer certified silicon, all which have
incorporated BlueStream™ IP. Many Parthus customers are at an advanced
stage of development and are moving rapidly towards mass production.
Exploiting the advanced nature of the BlueStream™ platform and its
extensive experience in developing and deploying short range wireless
technologies, Parthus will also formally launch its comprehensive and user
friendly BlueStream™ solution in a single compact disc format at the
"The deployment of our BlueStream™ Platform onto a single CD proves the
maturity of the solution" said Martin Farnan, BlueStream™ Platform
Director, Wireless Business Unit for Parthus Technologies. "Parthus
already has a notable track record within the Bluetooth industry, and we
are taking this opportunity to further re-inforce our position as the
industry's number one supplier."
"Initiatives such as BlueStream™ IP on CD indicate our commitment to
provide ease of entry for organisations into specific focused market
segments. Our approach affords them several significant competitive
advantages with enhanced development cycles, low risk, lower cost, higher
performance and faster time to market", said Farnan.
Based on the success of the BlueStream™ platform, Parthus have decided
to extend their reach into the 802.11 arena. Parthus' IEEE 802.11
compliant IP solution, In8Stream™, incorporates a multi-mode b/a/g MAC
Hardware core, a complete software stack for station or access point
applications and 802.11b/a/g multi-protocol baseband core. In addition to
supporting all current 802.11 standards, In8Stream™ is architected for
future generation 802.11 standards. Parthus plans to support the IEEE
802.11 i/e/h standards (Security, quality of service and power management)
Bluetooth is rapidly becoming the de facto standard for wireless
communication between a range of personal electronic devices such as
mobile phones, handheld devices, PC peripherals, automotive, home and
industrial appliances. By eliminating the need for cables between
inter-connecting devices, individuals can share voice and data using
broadband and secure local wireless connections. By 2005, Cahners In-Stat
forecasts that Bluetooth technology will be used in almost 780 million
devices, ranging from mobile phones and desktop computers to digital
cameras and automobiles.
The Bluetooth trademarks are owned by Bluetooth SIG Inc., USA.
802.11 is a family of specifications for wireless local area networks
(WLANs) developed by a working group of the Institute of Electrical and
Electronics Engineers (IEEE). There are currently three specifications in
the family: 802.11, 802.11a and 802.11b. The most recently proposed
standard, 802.11g (which will be added late this year), offers wireless
transmission in the 2.4 GHz ISM band at data rates up to 54 megabits per
second (Mbps) compared with the 11 megabits per second of the 802.11b
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forward-looking statements. Important factors that could cause actual
results to differ from those indicated by such forward-looking statements
include uncertainties relating to the ability of management to complete
the planned merger with Ceva, Inc. and to successfully integrate the
operations of the two companies, uncertainties relating to the acceptance
of semiconductor intellectual property offerings, expansion of our
business, quarterly variations in results, and other uncertainties that
are discussed in our 2000 Annual Report on Form 20-F which is on file with
the SEC since June 26, 2001.