RNS Number:9857S
Ceva Inc
08 December 2003

PARTHUSCEVA CHANGES NAME TO CEVA, INC.



Re-branding Reflects Strategy To Focus On DSP Cores And Related Applications;

Coincides With Launch And Licensing Of New CEVA-X DSP Architecture



San Jose, CA - December 8, 2003 - CEVA, Inc., (NASDAQ: CEVA; LSE: CVA), the
leading licensor of Digital Signal Processor (DSP) cores and integrated
applications to the semiconductor industry, announced that the company's name
has changed from ParthusCeva to CEVA, effective today. The change underpins the
company's strategy to focus on DSP cores and integrated application
technologies, where it has the greatest market strength and opportunity. The
name change coincides with the launch of CEVA-X, the company's pioneering new
DSP architecture, announced separately today.



The ticker symbol for the company's common stock has changed to "CEVA" on The
NASDAQ National Market and "CVA" on the London Stock Exchange, effective today.
The new CUSIP number for CEVA common stock is 157210 10 5; the new ISIN is
US1572101053; and the company's new website address is www.ceva-dsp.com.
Holders of stock certificates bearing the name "ParthusCeva, Inc." may continue
to hold them and will not be required to exchange them for new stock
certificates or take any other action.  Management will host a webcast and
conference call at 11.30am EST, 8.30am PST, 4.30pm GMT on Tuesday, December 16,
on which management will present an overview of CEVA's technologies, strategies
and goals.  (Webcast and conference call details are attached at the end of this
release.)



"DSP is one of the fastest growing segments of the semiconductor industry and a
critical technology to the cellular and digital multi-media markets.  We believe
that we are uniquely positioned to deliver a total DSP solution to our customer
base," said Chet Silvestri, CEO of CEVA.  "With our industry-leading DSP product
portfolio, integration services capability, and our latest DSP architecture, the
CEVA-X, we have confidence in our ability to achieve our corporate goals of
profitability, growth and leadership in DSP."



CEVA offers a unique portfolio of IP in three integrated DSP-related technology
areas, supported by Ceva's Xpert-Integration division:

1)       CEVA DSP cores, the number-one licensed DSP architecture to the
semiconductor industry, which will now include the new CEVA-X architecture.

2)       CEVA-Xpert Open Framework, a complete environment enabling licensees to
rapidly and cost-effectively integrate application and communication IP with
CEVA DSPs in a standard, reusable framework;

3)       CEVA-Xpert Applications, a portfolio of complete, verified hardware and
software system applications in areas such as multimedia (audio, video), GPS,
VoIP, Bluetooth, and high-speed serial communications, powered by CEVA DSPs; and


4)       Xpert-Integration, used in combination with CEVA's IP portfolio to
deliver complete, end-to-end SoC solutions based upon industry-leading,
open-standard DSP technology.





Webcast and Conference Call Details:

The management of CEVA will host a webcast and conference call at 11.30am EST,
8.30am PST, 4.30pm GMT on Tuesday, December 16, to present and discuss the
company's technologies, strategies and goals.



Live web presentation

Please note that the presentation will be available to view during the call via
www.ceva-dsp.com.  Please log into the presentation five minutes before the call
starts



Live conference call dial in numbers

US Participants Telephone: +1 866 629 0054

UK/European Participants Telephone: +44 1452 569 340



Conference Call Recording

If you cannot join the call, you can listen to a recording, which will be
available approximately one hour after the call for and for five working days
after the call.



Conference Call Recording dial in numbers

US Telephone: +1 706 645 9291.  Access code: 4171327#

UK/European Telephone: +44 1452 55 00 00.  Access code: 4171327#


About CEVA, Inc.

Headquartered in San Jose, CEVA (NASDAQ: CEVA and LSE: CVA) is the leading
licensor of DSP cores and integrated applications to the semiconductor industry.
  CEVA markets a portfolio of DSP IP in three integrated areas: CEVA DSPs;
CEVA-Xpert Open Framework Environment; CEVA-Xpert Applications; supported by
Xpert-Integration services. Ceva's products are used in over 60 million devices
each year.  The company was formerly known as ParthusCeva, Inc.  For more
information, visit www.ceva-dsp.com.



Contacts:

CEVA, Inc.

2033 Gateway Place, Suite 150

San Jose, California 95110

Barry Nolan

Tel: US +1-408-514-2929

Tel: Europe +353-1-4022566



Media / S&S Public Relations

Heather Kelly

Tel: 719-634-8274

heather@sspr.com



Ruder Finn PR

Josh Shuman

Tel: +972-2-561-2005

Cell: +972-54-676-966

josh@ruderfinn.co.il



Safe Harbor Statement

Various statements in this press release concerning CEVA'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 third quarter
of 2003, filed with the U.S. Securities and Exchange Commission on November 13,
2003.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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