Parthus Announces Streamlining Of Two Product Lines To Focus Resources On Growth Opportunities

Dublin, Ireland - August 30, 2002 - Parthus Technologies plc
(LSE: PRH, Nasdaq: PRTH) announces that it intends to streamline two
product lines in order to improve financial performance and enhance
technology and market focus for Parthus, on a stand-alone basis or, as
part of ParthusCeva, in the event that the proposed combination with Ceva,
Inc. is consummated. Towards that end, Parthus anticipates that it will
discontinue investments in Radio Frequency (RF) and hardware based
security acceleration, in order to focus the business on three product and
technology areas where Parthus believes there are opportunities for market

DSP and Application Processing IP;
and Wireline Communications IP; and
Communications IP.

The anticipated reduction in workforce and the related realignment of
resources is expected to result in the incurrence of a one-off
restructuring charge during the third quarter in the region of US$3

Kevin Fielding, president of Parthus commented, "Parthus believes that
it is important to take these measures now, so that we can focus our
corporate resources in those technologies that position Parthus to meet
the needs of our customers and to continue to compete effectively in the
marketplace either independently, or as part of the combined ParthusCeva
enterprise, if the proposed combination with Ceva Inc. is approved."

A PDF copy of this press release is also available