VIA Telecom Licenses ParthusCeva TeakLite DSP Core to Power Next Generation 2.5G and 3G Wireless Modems

San Jose, CA & San Diego, CA - October 21, 2003 -
ParthusCeva, Inc. (NASDAQ: PCVA, LSE: PCV), the industry's leading
licensor of Digital Signal Processor (DSP) cores and solutions, today
announced that VIA Telecom, Inc., a leading innovator and developer of
CDMA chipsets, has licensed ParthusCeva's TeakLite DSP Core for its new
product lines targeting the CDMA/CDMA2000 market. ParthusCeva and VIA
Telecom have entered into additional licensing agreements for various
applications to run in conjunction with the TeakLite powered baseband;
these agreements will be announced at a later date.

"ParthusCeva's TeakLite architecture gives us access to a wide array of
technologies that can be built around this leading DSP core," said Ker
Zhang, CEO of VIA Telecom, Inc. "Our next generation of CDMA modems will
lead the industry in terms of cost, performance and power consumption and
will offer best-in-class applications."

VIA Telecom's requirement for low power, low-cost modem solutions for
the price sensitive CDMA market drove the licensing of ParthusCeva's
TeakLite DSP core over other available DSP IP solutions. ParthusCeva's
leading DSP architectures in the cellular market are specifically designed
for high volume 2G as well as emerging 3G CDMA2000 standards.

"ParthusCeva is a true one-stop partner for DSP cores and integrated
applications IP in the industry, so we are delighted that VIA Telecom has
joined the community of semiconductor and handset manufacturer partners
using our DSP cores for the cellular market, " said Chet Silvestri, CEO of
ParthusCeva. "With our TeakLite DSP cores and VIA Telecom's broad CDMA
technology base, we hope to see more market-leading products serving the
next generation of handheld products."

About TeakLite

TeakLite is a 16-bit fixed-point general-purpose licensable DSP core
designed for low power and high-performance applications such as cellular
handsets, MP3 players, disk drive controllers, cordless phones, VoIP
terminals and various embedded control applications. TeakLite, a fully
synthesizable soft core, is a process independent core that is easily
portable to any ASIC library.

TeakLite is the third member of ParthusCeva's SmartCores™ family. These
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 gateways. A comprehensive portfolio of software and hardware
development tools supports the SmartCores family. In addition, a large
network of third party companies offers applications, tools and design
services solutions.

About VIA Telecom

VIA Telecom is a leading innovator and developer of Baseband Processors
for 3G CDMA2000 mobile applications used in a wide range of 3G devices
spanning voice, data, and GPS-enabled applications. Headquartered in San
Diego, California, VIA Telecom has design centers in San Diego and
Fremont, California, and Hangzhou, China, and sales offices in the US,
Taiwan, China, and Korea. For additional information, please visit the
website at or send an e-mail to [email protected].

About ParthusCeva, Inc.

Further information about ParthusCeva

A PDF copy of this press release is also available here


TeakLite is a registered trademark of ParthusCeva, Inc.
SmartCores is a trademark of ParthusCeva, Inc. All other company or
product names are the registered trademarks or trademarks of their
respective owners.

ParthusCeva Safe Harbor Statement

Various statements in this press release concerning
ParthusCeva's future expectations, plans and prospects are
"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.
These statements are subject to a number of risks and uncertainties that
could cause actual results to differ materially from those described,
including the following:

  • The industries in which we license our
    technology are experiencing a challenging period of slow growth that has
    negatively impacted and could continue to negatively impact our business
    and operating results;

  • The markets in which we operate are highly
    competitive, and as a result we could experience a loss of sales, lower
    prices and lower revenue;

  • Our operating results fluctuate from quarter to
    quarter due to a variety of factors including our lengthy sales cycle,
    and are not a meaningful indicator for future performance

  • We rely significantly on revenue derived from a
    limited number of licensees; and

  • Other risks discussed in "Management's
    Discussion and Analysis of Financial Condition and Results of
    Operations--Factors that Could Affect Our Operating Results," in our
    quarterly report on Form 10-Q for the second quarter of 2003, filed with
    the U.S. Securities and Exchange Commission on August 12 , 2003.