ParthusCeva Named as Member of IBM Blue Logic IP Collaboration Program

San Jose, Calif - April 10, 2003 - ParthusCeva, Inc. (Nasdaq:
PCVA, LSE: PCV), the leading licensor of digital signal processors (DSP)
and application - specific platform Intellectual Property (IP) to the
semiconductor industry, today announced that it has become a member of
IBM's Blue Logic IP Collaboration Program. IBM's program promotes close
working relationships with leading third-party Intellectual Property (IP)
vendors and their ASIC customers. ParthusCeva offers its widely adopted
DSP SmartCores™ and XpertTeak™ DSP sub-system for current and next
generation communication equipment and consumer products, to companies
designing ASICs manufactured by IBM.

Through the IP Collaboration program, IBM is working with suppliers of
leading processor cores and application IP to integrate their solutions
within IBM's Blue Logic design methodology and processes. This is intended
to enable IBM's ASIC customers to more rapidly and reliably bring new
products to market. IBM has for several years achieved the ranking of #1
worldwide ASIC supplier, according to the consulting firm Gartner

ParthusCeva's participation in IBM's Blue Logic program enables
companies designing ASICs manufactured by IBM to integrate ParthusCeva's
DSP architectures, which held over 60% of the licensable DSP core market
in 2002. For these ASIC designers, ParthusCeva offers its broad line of
DSP cores and sub-systems including the PalmDSPCore®, Teak®, TeakLite® and
XpertTeak. These DSP cores cover a wide range of performance, power
consumption and cost metrics targeted to markets such as 2/2.5/3G cellular
handsets and Smartphones, PDAs, cellular base-stations, VoIP gateways,
broadband modems, digital cameras, Disk drive control and more.

"The IBM Blue Logic IP Collaboration Program is designed to provide our
customers with state-of-the-art IP to be seamlessly integrated into a
System-on-Chip solution," said Tom Reeves, VP of ASIC Products at IBM
Microelectronics. "ParthusCeva DSP cores are the latest example of the
types of technology we are adding to expand customer choices."

"IBM's Blue Logic IP Collaboration Program enables IBM's customers to
develop SoCs and reach the market quickly and at a reduced cost,"
commented Issachar Ohana, vice president of sales at ParthusCeva. "By
adding our large offering of DSP and subsystem to this program, and by
providing qualified market-leading cores with a complete set of
development tools with a large support network of third parties,
ParthusCeva will contribute substantially to IBM's customers."

The IBM Blue Logic IP Program, established in March 2002, was created
to foster close working relationships between IBM and select third-party
providers so that customers can readily integrate intellectual property
(IP) cores from these providers into IBM ASICs.

About XpertTeak

XpertTeak is a complete licensable design for a low power, low cost
programmable DSP-based System-on-a-Chip (SoC) for embedded application
markets. As a licensable design, fully synthesizable and process
independent, it can be further incorporated into highly integrated SoC
designs. The XpertTeak is built on ParthusCeva's programmable dual MAC
Teak DSP Core and includes a full set of integrated hardware peripherals
and interfaces, and is complemented by a complete full set of development

About SmartCores™

ParthusCeva's SmartCores™ family of low-power, fixed-point licensable
DSP cores offer a range of performance, price and power consumption
balances, addressing a wide range of applications, from low-end,
high-volume applications, such as digital answering machines, hard disk
controllers, low speed modems and Voice over IP terminals, to high
performance applications such as third generation (3G) cellular
communications, broadband modems, consumer multimedia and Voice over IP

SmartCores™ licensees benefit from the advanced architecture features,
such as:

Fully synthesizable soft core that can be ported to any process
or foundry
Code compatible
allowing re-use of legacy code and significantly shorter time to
Low power consumption
High code density
- to reduce chip cost
Cores offered at
various performance levels - beginning with single-MAC (OakDSPCore® and
TeakLite®) architecture to Dual-MAC (Teak®), Dual-MAC with Instruction
Level Parallelism (PalmDSPCore®) and the scalable, multiple MAC and
extendible architecture of CedarDSPCore.

About ParthusCeva, Inc.

Further information about ParthusCeva

PalmDSPCore, Teak, TeakLite and OakDSPCore are registered trademarks
and SmartCores and XpertTeak are trademarks of ParthusCeva, Inc.


Safe Harbor 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 ParthusCeva 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-1 of ParthusCeva (formerly called Ceva,
Inc.), on file with the U.S. Securities and Exchange Commission.