CEVA Opens New Research and Development Center in Bristol, U.K.

MOUNTAIN VIEW, Calif. -- Jan. 14, 2019 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, announced today the opening of a new research and development facility in Bristol, United Kingdom. The new R&D center enables CEVA to access the world-class engineering talent the city has to offer, strengthening its R&D capabilities and expediting the development of new digital signal processing and AI products.

Gideon Wertheizer, CEO of CEVA stated: "We are very pleased to announce this expansion of our R&D efforts with the opening of this new design center. Bristol has one of the strongest talent bases in the U.K. for digital signal processing, with many highly-skilled and experienced engineers. This new team will allow us to better address the growing demand for our portfolio of leading-edge signal processing IPs and reinforces our position as the world's leading licensor of IP for intelligent, connected devices."

The new offices are located in the Aztec West Business Park, an area that is home to many semiconductor and technology companies focused on artificial intelligence, communications, robotics and autonomous driving. The office is staffed with an experienced team of design and verification engineers and is seeking candidates for further expansion. To apply, please visit the careers webpage on CEVA's website at https://www.ceva-dsp.com/career/.

About CEVA, Inc.

CEVA is the leading licensor of signal processing platforms and artificial intelligence processors for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and cellular IoT (NB-IoT and Cat-M1) enabled devices, advanced imaging and computer vision for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For artificial intelligence, we offer a family of AI processors capable of handling the complete gamut of neural network workloads, on-device. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (low energy and dual mode) and Wi-Fi (Wi-Fi 4 (802.11n), Wi-Fi 5 (802.11ac) and Wi-Fi 6 (802.11ax) up to 4x4). Visit us at www.ceva-dsp.com