San Jose, Calif - April 29, 2003 - ParthusCeva, Inc., [(Nasdaq:
PCVA); (LSE: PCV)], the industry's leading provider of licensable Digital
Signal Processor (DSP) cores and platform-level IP to the semiconductor
industry, today unveiled XpertTeak based digital audio extensions and
development environment targeting audio processing for portable and mobile
devices. The solution, based on ParthusCeva's XpertTeak programmable DSP
system-on-chip (SoC) platform, delivers a comprehensive suite of audio
applications, middleware software such as audio codecs and voice codecs,
middleware software framework and various applications including ringtone
synthesizers, 3D audio effects and quality enhancement.

According to the research firm Forward Concepts, total audio chip
revenue reached $2.5 billion in 2002 and is forecasted to grow at a 22%
compound annual rate to $6.8 billion by 2007. The consumer segment, where
the XpertTeak audio product is targeted, is growing fastest and is
forecast to constitute almost 92% of the audio chip market by 2007.

"Digital audio is a market of enormous opportunity and with our
leadership position in DSP and platform-level IP, we are perfectly poised
to exploit this," said Brian Long, CEO of ParthusCeva. "This is the first
product from the combined company that combines Ceva's DSP architecture
and Parthus' application-level technology in a single solution. XpertTeak
extends the capability of our audio technology with a comprehensive
development environment enabling our licensees and partners to develop
applications that target high-growth multimedia markets."

The solution is powered by ParthusCeva's XpertTeak DSP SoC platform and
includes Audio Codecs (e.g. MP3, AAC, WMA), Voice Codecs (e.g. G.726,
G.723.1, G.729A/B, G.729E), and WaveTable synthesis (e.g. SP-MIDI, GM-1,
SMAF). ParthusCeva is partnered amongst others with Qsound Labs, offering
its audio processing engine, and ESPICO, offering audio/voice codecs. In
addition, the solution includes a software framework that can seamlessly
integrate a Real Time Operating System (RTOS) and any other proprietary
software module. A complete suite of software development tools and
associated development boards are supplied to reduce SoC development time,
and ARM's RealView Debugger is available to support multi-core product
designs.

About The XpertTeak Development Environment For Digital
Audio

XpertTeak
XpertTeak is a complete licensable design for a low
power, low cost programmable DSP-based SoC for embedded application
markets. As a licensable design, fully synthesizable and process
independent, it can be further incorporated into highly integrated SoC
designs. XpertTeak is built on the programmable dual MAC Teak DSP Core,
the fourth generation of SmartCores™ family. XpertTeak also includes
on-chip data and program memories, a high performance Direct Memory Access
(DMA) controller, AMBA bridge, Buffered Time Division Multiplexing Port
(BTDMP) and high throughput Host Port Interface, Serial IO (SIO)
interface, General Purpose I/O (GPIO) interface, Timers, Interrupt
Controller (ICU) and full support for run time debugger.

Software Framework
The solution includes a pre-defined
software framework providing a run time environment for ParthusCeva, third
party and customer DSP algorithms and applications. The framework is
optimized for a multi-tasking, multi-frame rate application processing
environment and provides an underlying real time operating system, task
scheduling policy and resource management policy, selectable driver set,
inter-processor communications services and APIs and media algorithm
design rules and APIs. The framework greatly eases the system integration
task and maximizes code re-use.

Development Environment
The development environment includes
a comprehensive set of system boards and software development tool set.
The system boards contain a production ready XpertTeak chip with glue-less
interface to a broad range of audio codecs. The software tool kit is
comprised of application software, RTOS, development environment and tools
suite. The software tool set includes advanced C/C++ compiler, macro
assembler, linker and built-in DSP software libraries. The powerful
multi-core debugger is supported by ARM's RealView Debugger (RVD).

Audio and Voice Codecs
Application software includes
optimized audio and voice compression for the major standards including
MP3, WMA, AAC, AMR, G.723.1, G.729ab, G.729e, G.726. These algorithms are
provided by ParthusCeva and its partners.

MicroQ in conjunction with Qsound Labs
MicroQ is a compact
and highly efficient software digital audio engine providing functions
such as polyphonic ringtones, game sound, digital effects, music playback
quality enhancement and recording for portable applications, including
cellular phones, hand-held and mobile devices, and internet appliances.
MicroQ is inherently modular, scalable and portable. The core components
consist of a digital audio playback engine, a wavetable synthesis engine
with a scalable sample set, and a multi-channel stereo mixer. To this core
may be added a wide range of processes to enhance MP3 music playback,
control frequency response, dynamics, and spatial enhancements as well as
full 3D positional audio.

Codecs in conjunction with ESPICO
ESPICO offers a wide suite
of audio and speech codecs for XpertTeak. All algorithms are highly
optimised implementations of the standards specifically targeted to the
XpertTeak architecture. They are C-callable with multiple build options
available to optimise for speed or memory usage.

About ParthusCeva, Inc.

Further information about ParthusCeva

A PDF copy of this press release is also available here

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Safe Harbor Statement

Various statements in this 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 that 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; that 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; that 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 and that
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 annual report on Form 10-K for
the year 2002, which is on file with the U.S. Securities and Exchange
Commission.