CEVA to Demonstrate Serial ATA PHY, Link, Transport and Command Layer Solution at Intel Developer Forum

Silicon-Proven, Low-Power Xpert-Connect SATA PHY and Protocol Solution

San Jose, CA - February 10, 2004 - CEVA, Inc., (NASDAQ: CEVA; LSE: CVA), the leading licensor of Digital Signal Processing (DSP) and communications IP to the semiconductor industry, today announced it will be exhibiting it's Xpert-Connect SATA Communication IP at the Intel Developer Forum, San Francisco, Booth 741, from February 17 through 19.

Serial ATA (SATA) is a next generation storage interface standard replacing the existing Parallel ATA physical storage interface. With the Serial ATA standard already gaining considerable momentum in the market, Xpert-Connect SATA Communication IP from CEVA provides a comprehensive and silicon-proven solution for semiconductor and OEM companies needing to rapidly and efficiently integrate SATA into their next generation system chips.

Currently proven on TSMC 0.13um process, Xpert-Connect combines a SATA 1.5Gbps PHY and a Link/Transport/Command Protocol stack. Designed for ultra-low power dissipation, Xpert-Connect delivers compliant SATA Gen-1 performance at 70mW per channel power. Using a comprehensive PC-based demonstration system containing the Xpert-Connect SATA IP implemented on a plug-in PCI card, interoperability has been achieved with leading serial ATA drives such as Seagate Barracuda, Western Digital Raptor and Maxtor Diamond-Plus.

SATA Communication IP is part of CEVA's Xpert-Connect family of serial communications products covering standards ranging in speeds from 250Mbps to 3.125Gbps. Building on the PHY technology demonstrated at IDF, SATA Gen 2 IP with 3Gb/sec data rates will be announced later this year. Xpert-Connect has been licensed to a number of leading semiconductor players, including an agreement with Kawasaki announced recently.

"Serial ATA is poised to become the dominant interface to storage devices and a semiconductor market forecast to be worth $1 billion by 2006," said John Ryan, Vice President of Communications Business Unit of CEVA. "Already silicon proven on TSMC 0.13um process, Xpert-Connect from CEVA enables our licensees to deploy high-performance, low-power SATA solutions with minimal risk and time-to-market."

About CEVA, Inc.

For more information about CEVA, Inc, visit the about section of our website.

• 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 Conditions and;
  
• Results of Operations--Factors that Could Affect Our Operating Results," in our quarterly report on Form 10-Q for the third quarter of 2003, filed with the U.S. Securities and Exchange Commission on November 13, 2003.