ParthusCeva Delivers World's First "Drop-In" Macro for Bluetooth™

San Jose, CA - 04 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, announces a breakthrough Bluetooth IP solution which will be
demonstrated at the Bluetooth Developer Conference in San Jose this week
(12-14 December, 2002) at Booth # 412.

As Bluetooth becomes a must have-feature for all of today's SOC
designs, designers require a low cost, easy-to-integrate, pre-certified
solution. BlueStream 3000 is targeted to meet these industry requirements
for very high volume, cost-sensitive devices such as headsets, PDAs,
mobile phones, cameras and cordless telephones. BlueStream 3000 is
delivered as a "drop-in" macro, which is independent of process technology
and foundry, and can easily be integrated into silicon as a standard
peripheral block. BlueStream 3000 is based on ParthusCeva's industry
leading BlueStream platform which has been licensed by several leading
semiconductor manufacturers including Hitachi, Fujitsu, ST
Microelectronics, 3Com and Agilent.

Remove Overhead Cost

Current Bluetooth solutions integrate a dedicated Bluetooth baseband, a
separate host processor and radio in a multi-chip module product.
BlueStream 3000 slashes the cost of the solution by over 70% by
eliminating the need for dedicated baseband functionality in the module
and instead integrating it with the existing system SoC. As the platform
incorporates both its own dedicated non-royalty bearing CPU, and with
software stacks running in ROM, BlueStream 3000 delivers the lowest cost
for Bluetooth deployment.

Remove Integration Complexity

BlueStream 3000 can be integrated into the existing system SoC in less
than one weeks design effort. Silicon designers can integrate BlueStream
3000 in their designs at RTL level or silicon level as BlueStream 3000 is
delivered with well-defined and silicon-proven applications requiring no
additional Bluetooth certification, significantly reducing time to market
for silicon manufacturers.

BlueStream 3000 is fully compliant with all mandatory and optional
features required in Bluetooth specification revision 1.1, while
supporting multiple industry standard CODEC and RF solutions. BlueStream
3000 is a highly integrated solution integrating the complete baseband,
RISC processor, RAM, ROM and the complete host controller software stack
required to support Bluetooth 1.1, including multipoint, scatternet,
sniff, park, hold and master-slave switch. BlueStream 3000 has been
architected to offload the real time aspects of the protocol stack of the
host processor - alleviating the need for a dedicated Bluetooth processor.
In current designs this is a significant cost barrier to the integration
of Bluetooth in PDAs, cell phones and other high volume embedded
applications.

"Bluetooth is one of the fastest growing markets in the wireless
industry. ParthusCeva has consistently delivered industry leading IP for
Bluetooth applications and has been the leading supplier of technology for
this high growth market segment" said Gerry Maguire, VP and GM of Wireless
Solutions Division, ParthusCeva, Inc. "With Bluetooth achieving mass
deployment in multiple markets, our customers have sought a Bluetooth
architecture to dramatically reduce the cost and ease of deployment of
Bluetooth in their next generation SoC designs."

Key architectural features of the BlueStream 3000 include:

Industry's smallest die area including core, CPU and memories

Support all existing Bluetooth profiles
Supports
several industry standard radios and CODECs
Delivered as a
configurable macro with well defined interfaces
Standard HCI
interface supports multiple higher layer protocol stacks
The
solution is upgradable to Bluetooth 1.2 when these specifications are
available.
Includes
advanced low power features to deliver lowest power
consumption

Zero Risk Bluetooth

The BlueStream 3000 solution is focused on delivering low cost, small
footprint, and pre-certified configurable macro for Bluetooth
applications. To deliver to these goals, BlueStream 3000 delivers the
following benefits:

Bluetooth certified IP - No additional time-consuming
certification needed for IC
Royalty free,
Bluetooth optimised integrated RISC processor
No additional
silicon area required for baseband functionality
Frees the host
processor of running real time protocol stack

About Bluetooth

Bluetooth is rapidly becoming the de facto standard for wireless
communication between a range of personal electronic devices such as
mobile phones, handheld devices, PC peripherals, and automotive, home and
industrial appliances. By eliminating the need for cables between
inter-connecting devices, individuals can share voice and data using
broadband and secure local wireless connections. By 2005, Cahners In-Stat
forecasts that Bluetooth technology will be used in almost 780 million
devices, ranging from mobile phones and desktop computers to digital
cameras and automobiles. The Bluetooth trademarks are owned by Bluetooth
SIG Inc., USA.

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About ParthusCeva

Further information about ParthusCeva

A PDF copy of this press release is also available here

Safe Harbour 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.