CEVA Low Power DSP Core Enables EoNex Modem Chip, Korea's First for CDMA2000 1x Wireless Phones

CEVA TeakLite™ DSP at the heart of N1000 chip; N1000 shipping in LG Electronics CDMA camera phone

BARCELONA, Spain - 3GSM Congress - February 13, 2006 - CEVA, Inc. (NASDAQ: CEVA; LSE: CVA), the leading licensor of digital signal processor (DSP) cores, multimedia, GPS and storage platforms to the semiconductor industry, today announced that its low-power CEVA-TeakLite DSP solution is being used in production by EoNex Technologies, Inc., the first Korean chip supplier to commercialize a cellular modem chip for the CDMA2000 1x standard. In October last year, LG Electronics had launched a 1.3 mega pixel CDMA camera phone adopting EoNex's CDMA2000 1x modem ASIC (called N1000) which includes embedded CEVA-powered DSP chip.

EoNex's one-stop solution package of a low-cost full-featured CDMA2000 modem chip and protocol software is ideally suited for price-sensitive multimedia camera phones for the Asian markets.

"The CEVA-TeakLite DSP core played an important role in the successful deployment of our latest modem chip, the N1000," said Sang Kim, vice president of ASIC team at EoNex. "Of particular importance were the small footprint and low-power consumption of the core, which allow EoNex-powered CDMA phones such as the LG SD-280 camera phone to compete successfully in price-sensitive handset markets such as Korea. We look forward to continuing working with CEVA on our next generation of modem chips for 3G standards and beyond."

"We are pleased to have our CEVA-TeakLite processor utilized in the N1000 chip, helping EoNex establish itself in the CDMA2000 1x and 1xEV-DO arena," said Gideon Wertheizer, CEO of CEVA. "Our close working relationship with EoNex will enable them to continue to build on the success of this chip by supporting additional standards such as HSUPA/HSDPA and mobile WiMAX, with modem chips based on our CEVA-TeakLite and CEVA-X1620 DSP cores."

CDMA2000 1x is a family of third-generation (3G) wireless standards that offers enhanced voice and data capacity and higher data rates than previous 2G wireless standards. Today, the technology has more than 165 million subscribers using 65 carriers in 47 countries (source: 3GToday.com). The availability of chips supporting CDMA2000 1x from EoNex promises to change the market dynamics of the CDMA semiconductor industry, particularly in Korea where that wireless standard is widely used.

The CEVA-TeakLite DSP Core is a low power, single Multiply-Accumulate (MAC), 16- bit, Fixed point DSP core that provides various resources for customization and differentiated configuration such as program and data memory size and type (e.g., RAM, ROM Flash, etc.), interfaces to DSP-related peripherals (DMA, Timer, etc.) and other system interfaces. It has an advanced set of Digital Signal Processing instructions as well as general microprocessor functions. CEVA-TeakLite is designed with consideration for low-power uses to achieve the best possible performance with the lowest possible power consumption.

About EoNex

EoNex Technologies Incorporated, founded in April 2000 in Korea, provides wireless modem ASIC and protocol stack software products focusing on 3G and 3.5G CDMA, EGPRS, HSUPA/HSDPA, and mobile WiMAX wireless technologies. The company develops stable and optimized protocol stack software that is tightly coupled with its modem ASIC products. EoNex leverages its superior technical expertise and experience to deliver reliable and cost-effective wireless terminal modem solutions to its customers.

About CEVA, Inc.

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