San Jose, California and Dublin, Ireland - November 30, 2000 -
Parthus Technologies PLC (Nasdaq: PRTH, LSE: PRH), a leading developer of
platform level intellectual property for the mobile Internet market, today
announced a licensing agreement with NVIDIA ® Corporation (Nasdaq: NVDA)
for the Parthus MediaStream™ DSP (Digital Signal Processor).
The MediaStream DSP is being deployed in NVIDIA's recently announced
Media Communications Processor (MCP), a highly advanced multimedia
processor delivering broadband connectivity, communications and
breakthrough audio capabilities. The audio portion of the MCP includes a
pair of high performance MediaStream DSPs executing up to 4 billion
operations per second.
NVIDIA's first deployment of the MCP containing Parthus MediaStream is
for Microsoft's Xbox. Scheduled for release in fall 2001, Xbox is
Microsoft's future generation video game console that delivers superior
graphics, better audio and the most intense, action-packed gaming
"We are delighted to have been selected by NVIDIA for this important
platform technology," said Brian Long, chief executive officer at Parthus.
"The use of our MediaStream DSP technology is a testimony to Parthus as a
leading provider of technology for the burgeoning multi-media market."
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statements" within The meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. Any "forward looking statements" in this press release are
subject to certain risks and uncertainties that could cause actual results
to differ materially from those stated. Any statements that are not
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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 acceptance of semiconductor
intellectual property offerings, expansion of our business, quarterly
variations in results, and other uncertainties that are discussed in the
"Risk Factors" section of our final prospectus dated May 19, 2000, which
is on file with the SEC and of our listing particulars dated May 19, 2000,
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England and Wales and the Registrar of Companies in the Republic of