ParthusCeva demonstrates first licensable 802.11A IP platform running over 5GHz link

Santa Clara, CA - 03 December 2002 - ParthusCeva, Inc. (Nasdaq: PCVA, LSE: PCV) the leading licensor of digital signal processors (DSP) cores and related Intellectual Property (IP) to the semiconductor industry, today announced the first licensable IEEE 802.11a compliant IP platform at 5GHz. ParthusCeva demonstrated this solution to an audience of ParthusCeva customers at its offices in San Jose, CA last month generating positive comment on product's performance and robustness.

In another first for ParthusCeva, this 5GHz version of the In8Stream™ 802.11a platform demonstrated the maturity of the ParthusCeva solution and showed the capabilities of the novel architecture used. Highlights of this demonstration included:

· Full 802.11a functionality using a commercial off-the-shelf 5GHz radio
· Full interoperability with a commercial third party access point
· Full speed system operation (clocked at 80MHz)
· Full IEEE 802.11a specification compliance
· Demonstration of all modulation modes/rates for 802.11a baseband

"We are extremely excited to demonstrate this breakthrough 802.11 IP capability to a wider audience.  Through the In8Stream platform we are showing technology leadership within the 802.11 IP environment building on our market leadership in related wireless markets such as Bluetooth, said Gerry Maguire, VP and GM of Wireless Solutions Division, ParthusCeva.  "The In8Stream™ platform is already having a significant impact on the market and we are confident that with the wider adoption of our 802.11a technology we will further secure our market leading position in short-range wireless communications."

Our interoperable multi-mode b/a/g MAC Hardware core demonstration can be viewed at the '802.11 Planet Conference', Santa Clara Convention Center (December 3-5, 2002).

About In8Stream™
Fully IEEE 802.11 compliant, In8Stream™ incorporates a multi-mode b/a/g MAC Hardware core, a complete software stack for station or access point applications and 802.11a multi-protocol baseband core. The In8Stream™ architecture incorporates numerous differentiating features including:

· The architecture substantially reduces memory and processor costs, which enables ParthusCeva to deliver an IP platform with the lowest cost of deployment in the industry
· In8Stream™ has been architected around a programmable communications processor, enables higher bandwidth versions of the 802.11standard to be easily accommodated

A mixed hardware and software architecture means emerging standards such as 802.11i, e and h can be implemented in software without the need for new silicon.

About 802.11
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 next 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 standard.

About ParthusCeva
Headquartered in San Jose, ParthusCeva (Nasdaq: PCVA) and (LSE: PCV) is the leading licensor of DSP and a leading provider of application-specific platform Intellectual Property (IP) to the semiconductor industry. ParthusCeva was created as a result of the combination of Parthus Technologies plc, a leading provider of application-specific platform IP, and Ceva, formerly the licensing division of DSP Group.

Today, the leading licensed DSP architecture comes from ParthusCeva.  Over 90 electronic and semiconductor partners have licensed our industry-standard, open-licensable cores and platforms. In 2001, ParthusCeva partners shipped more than 80 million silicon chips powered by ParthusCeva technology, targeting multiple markets from wireless to consumer multimedia, automotive to networking. For more information, visit us at http://www.parthusceva.com.

Safe Harbor Statement
This document contains "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. 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 successfully integrate the operations of Parthus and Ceva, uncertainties relating to the acceptance of our DSP cores and semiconductor intellectual property offerings, continuing or worsening weakness in our markets and those of our customers, quarterly variations in our results, and other uncertainties that are discussed in the registration statement on Form S-1and the most recent quarterly report on Form 10-Q of ParthusCeva (formerly called Ceva, Inc.), on file with the U.S. Securities and Exchange Commission.