MOUNTAIN VIEW, Calif., April 17, 2013 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, today announced that Leadcore Technology Co., Ltd. one of the core members of Datang Telecom Technology and Industry Group, has licensed CEVA DSP technologies and platforms for their next-generation mobile devices. Following a comprehensive selection process, Leadcore chose CEVA's IP due to its highest power efficiency, most complete platform offering and recognized market leadership in the handset space.

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"CEVA is widely acknowledged as the industry leader in DSP and platform IP and our long and detailed selection process clearly identified them as an ideal strategic technology partner for our next-generation products," said JiTang Liu, VP at Leadcore. "CEVA's DSPs and platforms will enable us to address the stringent performance requirements of our target applications in a cost-effective and power-efficient manner."

"We are pleased to announce Leadcore as the latest licensee to choose our advanced technologies for their mobile roadmaps," said Gideon Wertheizer, CEO of CEVA. "We look forward to a long and successful relationship with Leadcore as they continue to evolve their product offerings to address the burgeoning mobile market."

About Leadcore

Leadcore Technology Co., Ltd (Leadcore) is one of the core members of Datang Telecom Technology and Industry Group. The headquarters are located in Shanghai and Leadcore has more than 1000 employees in the world. Its TD-SCDMA, LTE chip and overall solution covers the feature mobile phone, smart phone and convergence terminal products. To learn more about Leadcore, please visit www.leadcoretech.com.

About CEVA, Inc.

CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for the mobile, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia (vision, imaging and HD audio), voice processing, Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2012, CEVA's IP was shipped in more than 1 billion devices, powering smartphones from many of the world's leading OEMs, including HTC, Huawei, Lenovo, LG, Nokia, Motorola, Samsung, Sony, TCL and ZTE. Today, more than 40% of handsets shipped worldwide are powered by a CEVA DSP core. For more information, visit ceva-dsp.com. Follow CEVA on twitter at www.twitter.com/cevadsp.

SOURCE CEVA, Inc.