ParthusCeva Schedules Conference Call to Provide an Update on the Merger and Related Guidance


SAN JOSE, Calif., December 11, 2002 (PRIMEZONE) -- ParthusCeva, Inc. ("ParthusCeva") (Nasdaq:PCVA) (LSE:PCV), the industry leading licensor of DSP cores and related solutions will host a conference call on Tuesday December 17th 2002 to provide an update on the merger and related guidance.

The management of ParthusCeva will host the call at 8:30 am New York Time, 13:30 London time and 14.30 Central European Time on Tuesday December 17, 2002.

The conference call will be available via the following dial in numbers:


U.S. Participants Telephone: +1 800 513 7968 (password: ParthusCeva)
U.K./European Participants Telephone: +44 20 8781 0562 (password:
ParthusCeva)

Replay Numbers:
U.S. Telephone: +1 703 736 7336 (PIN: 295702)
U.K. / European Telephone: +44 20 8288 4459 (PIN: 295702)

The call can also be accessed via ParthusCeva's Website at www.parthusceva.com. Follow the directions on the main page to link to the audio. Please go to the Website at least 15 minutes prior to the call to register, and to download and install any necessary audio software. The audiocast will be archived for 30 days.

About ParthusCeva

Headquartered in San Jose, with principal offices in Dublin, Ireland and Herzeliah, Israel, ParthusCeva (Nasdaq:PCVA) (LSE:PCV) is a leading licensor of DSP and application-specific platform Intellectual Property (IP) to the semiconductor industry. ParthusCeva was created through the combination of Parthus Technologies plc, a leading provider of application-specific platform IP, and Ceva, formerly the licensing division of DSP Group, Inc.

The CUSIP number for the ParthusCeva common stock is 70212E106 andthe ISIN number is 70212E1064For more information, visit us at www.parthusceva.com.

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



            

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