CEVA Reports Record Unit Shipments of CEVA-Powered Chipsets in 2006

CEVA Customers Ship Over 190 Million Units in 2006, Up 45% Over 2005

SAN JOSE, Calif., Jan. 31, 2007 -- CEVA, Inc. (Nasdaq: CEVA; LSE: CVA), a leading licensor of innovative intellectual property (IP) platform solutions and DSP cores for wireless, consumer and multimedia applications today announced that CEVA IP was shipped in over 190 million customer chipsets in 2006, representing a 45% increase on 131 million units shipped in 2005. Since the inception of CEVA's first DSP core in 1991, CEVA's technology has shipped in more than 1 billion chipsets worldwide, spanning a broad range of applications. An increased focus on developing solutions optimized for specific high-growth market segments such as mobile multimedia and VoIP has helped the company bring new levels of functionality and efficiency to customers in those areas.

In 2006, CEVA signed 38 new licensing agreements, bringing the total number of licenses signed to more than 200 in the past 15 years. CEVA's prestigious customer base includes many of the world's leading semiconductor and OEM companies, including Atmel, Broadcom, Infineon, Macronix, Marvell, National Semiconductor, NXP, Renesas, Samsung, Sharp, Sony, Spreadtrum, and Zoran.

"We are very pleased to report record unit shipments of 190 million CEVA-powered chipsets in 2006," said Gideon Wertheizer, CEO of CEVA. "The ramp-up in production by our customers in 2006 is a testament to their success in penetrating high-growth markets with compelling technologies for wireless, consumer, multimedia and storage applications. We will continue to work together with our customers to develop and advance our portfolio of IP by providing an expanded set of capabilities and market specific solutions."

From the early beginnings of the Pine(TM) DSP core in 1991 to the CEVA-X(TM) family of DSPs today, CEVA's product offerings have constantly evolved in anticipation of semiconductor market requirements. Legacy DSP cores such as the Oak(TM) DSP and TeakLite(TM) DSP introduced CEVA's IP into the wireless handset space, performing the baseband processing and audio functions in GSM handsets. Today, the company is focused on developing advanced DSP cores and complete, integrated hardware and software solutions for baseband, multimedia and VoIP applications, with the same dedication and commitment that has helped CEVA realize the historical success it has achieved with previous generations of solutions.

2006 Customer Adoption Highlights

• K-micro Licenses CEVA Serial Attached SCSI (SAS) PHY for Enterprise Storage Applications
• K-micro Licenses CEVA's Fully Integrated Ultra-Low Power VoIP Platform for New CPE Gateways and IP Phones
• Alliantek Licenses CEVA-X DSP and Multimedia Subsystem for Multi-Standard Multimedia Platform
• CEVA and ASTRI Form Partnership to Develop New-Generation Multimedia Solutions for Hong Kong and Greater China
• Spreadtrum Utilizes CEVA-X DSP to Develop TD-SCDMA Baseband Processors for 3G Wireless Handsets
• CEVA Low Power DSP Core Enables EoNex Modem Chip, Korea's First for CDMA2000 1x Wireless Phones

2006 CEVA Technology Highlights

• CEVA Debuts CEVA-X1641 -- High-Performance Quad-MAC DSP Targeting Next-Generation Cellular and Portable Multimedia Applications
• Virage Logic's ASAP Memory Solidifies Place in the SoC Ecosystem with Incorporation into CEVA DSP Platform
• CEVA and CoWare Announce Availability of Processor Support Packages for CEVA Cores within CoWare ESL Design Environment
• CEVA Expands CEVA-X DSP Family with New Core and System Platform
• Cadence and CEVA Collaborate to Deliver Verification Process Automation to End Customers
• CEVA Announces First Available Silicon of Mobile-Media2000 Solution for High-End Mobile Multimedia Applications

About CEVA, Inc.

Headquartered in San Jose, Calif., CEVA is a leading licensor of innovative intellectual property (IP) platform solutions and DSP cores for wireless, consumer and multimedia applications. CEVA's IP portfolio includes comprehensive platform solutions for multimedia, audio, voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA), and a wide range of programmable DSP cores and subsystems with different price/performance metrics serving multiple markets. In 2006, CEVA's IP was shipped in over 190 million devices. For more information, visit http://www.ceva-dsp.com/ .