Oki Electric Licenses and Deploys CEVA DSP Core to Power Digital Audio MP3 Consumer Chip Solution

San Jose, Calif. - April 13, 2004 - CEVA, Inc. (NASDAQ: CEVA,
LSE: CVA) the leading licensor of Digital Signal Processor (DSP) cores and
communications solutions to the semiconductor industry, today announced
that Oki Electric Industry Co., Ltd. (TSE: 6703), a leader in digital
communications and convergence, has deployed CEVA-Teak DSP core into it's
dual-core digital audio solution. Targeting the MP3, WMA and speech
processing applications markets, Oki's single chip audio solution offers a
high performance solution for the burgeoning digital audio market.

Oki's use of the CEVA-Teak in its ASSP (application-specific standard
product) is a logical progression for their design of system-on-chip (SoC)
solutions. Oki has previously licensed and successfully developed products
for other audio and wireless applications incorporating CEVA-Oak and
CEVA-TeakLite DSP cores. CEVA-Teak's low-power, dual-MAC DSP architecture
for high-performance multimedia processing enables Oki to build an
efficient and flexible solution for a market driven by intensive high
speed application requirements.

Oki's single-chip digital audio solution delivers a complete solution
for designers to shorten consumer product development time and costs. The
DSP/RISC dual-core architecture includes an ARM7™ building on CEVA's and
ARM's collaboration on the Inter Processor Communication Mailbox (IPCM)
standard and joint tools development environment which enables mutual
customers to rapidly design, emulate, and optimize hybrid ARM RISC and
CEVA DSP system-on-chip solutions.

"Oki is once again driving the market forward with our single chip
solution for portable digital audio applications," said Hiroshi
Shinotsuka, Product Marketing Manager for digital consumer LSI products at
Oki. "Oki is a long-term licensing partner of CEVA whose DSP cores are the
perfect platform for our audio product portfolio."

"DSP technology is fundamental in the shift from analog to digital
based products. Oki is leading the market in digital solutions that define
new parameters in performance, power consumption and cost," said Gideon
Wertheizer, EVP and CTO of CEVA. "Oki's dual core chip underlines the
advantages in creating an architectural standard in hybrid system-on-chip
solutions with CEVA DSP cores."

About CEVA-Teak

CEVA-Teak is a 16-bit fixed-point general-purpose DSP core. Its dual
MAC architecture features high-performance, high flexibility and
throughput for complex Digital Signal Processing implementations. The core
is designed for low-power, speech and audio processing, multimedia and
wireless communications (GSM, CDMA, EDGE, GPRS, 3G, etc.), high-speed
modems, advanced telecommunication systems, and various embedded control
applications. CEVA-Teak is designed with consideration for low-power
consumption to achieve the best possible performance with the lowest
possible power consumption. It makes the core suitable to a wide variety
of battery-powered portable applications.

About Oki Electric Industry Co., Ltd.

Founded more than a century ago in 1881, Oki Electric Industry Co.,
Ltd. is Japan's first telecommunications manufacturer, with its
headquarter in Tokyo, Japan. With the corporate vision, "Oki, Network
Solutions for a Global Society," Oki Electric provides top-quality
products, technologies and solutions to its customers through its
telecommunications systems, information systems and electronic devices
segments. All three segments are integrated into one effective
organization that functions as a collective force to create exciting new
products and technologies, including information and telecom converged
solutions. Through its business activities, Oki Electric satisfies a
spectrum of customer needs in various markets.

About CEVA, Inc.

Headquartered in San Jose, Calif., CEVA is the leading licensor of digital signal processor (DSP) cores, multimedia, GPS and storage platforms to the semiconductor industry. CEVA licenses a family of programmable DSP cores, associated SoC system platforms and a portfolio of application platforms including multimedia, audio, Voice over Packet (VoP), GPS location, Bluetooth, Serial Attached SCSI and Serial ATA (SATA). In 2005 CEVA's IP was shipped in over 115 million devices. CEVA was created through the merger of the DSP licensing division of DSP Group and Parthus Technologies. For more information, visit ceva-dsp.com.

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