SAN JOSE, Calif., July 14, 2003 (PRIMEZONE) -- ParthusCeva, Inc. (Nasdaq:PCVA) (LSE:PCV), the leading licensor of Digital Signal Processors (DSP) and platform-level Intellectual Property (IP) to the semiconductor industry, will be announcing second quarter results for the period to June 30, 2003 after markets close on Tuesday July 22, 2003.The management of ParthusCeva will hold a conference call for investors and analysts at 8:00 am EST, 13:00 BST and 14:00 CET on July 23, 2003.
The conference call will be available via the following dial-in
numbers:
* US Participants Telephone: +1 866 629 0054
(password: ParthusCeva)
* UK/European Participants Telephone: + 44 1452 569 340
(password: ParthusCeva)
If you cannot join the call, you can listen to a recording, which will be available approximately one hour after the call for five working days at the following dial in numbers:
* US Participants Telephone: +1 706 645 9291
(Access code: 1605249#)
* UK/European Participants Telephone: +44 1452 55 00 00
(Access code: 291745#)
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 webcast will be archived for 30 days.
ParthusCeva, Inc.
Headquartered in San Jose, ParthusCeva (Nasdaq:PCVA) and (LSE:PCV)is the leading licensor of DSP and application-specific platformIntellectual Property (IP) to the semiconductor industry. ParthusCevawas created as a result of the combination of Parthus Technologiesplc, a leading provider of application-specific platform IP, and CevaInc, formerly the licensing division of DSP Group, the leadinglicensor of DSP cores. For more information, visit us athttp://www.parthusceva.com.ParthusCeva Safe Harbor Statement
Various statements in this 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 that 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; that 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; that 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 and that 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 annual report on Form 10-K for the year 2002, which is on file with the U.S. Securities and Exchange Commission.