CEVA and VWorks Announce Availability of Virtual Prototyping Platforms featuring CEVA DSPs

Partnership to accelerate system and embedded software development by delivering CEVA-X and CEVA-XC DSP virtual platforms, powered by VWorks; Platforms already in use with a leading baseband vendor

MOUNTAIN VIEW, Calif., June 4, 2012  -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for the mobile, portable and consumer electronics markets, and ASTC's VWorks™ group, delivering solutions for virtual prototyping, today announced the availability of virtual platforms based on CEVA's industry-leading CEVA-X and CEVA-XC DSP families, dramatically reducing customers' embedded software development time. The virtual platforms are already in use with a leading baseband vendor to aid the design of their LTE modems.

As part of the collaboration, CEVA DSP Processor Support Models have been integrated with the VLAB SystemC virtual platform simulation environment, providing performance and direct DSP software debug capability. Software and services will be provided by VWorks.

"We are pleased to partner with CEVA to offer virtual platforms for their industry-leading CEVA-X and CEVA-XC families of DSPs, and accelerate the development of systems and software for mobile and other markets," said Jay Yantchev, CEO at ASTC / VWorks. "This successful collaboration has already resulted in our CEVA DSP-based virtual platforms being deployed with a leading baseband vendor for their LTE modem development."

"Virtual platforms are increasingly important in system design, verifying both hardware and software to decrease SoC design cycles," said Eran Briman, vice president of marketing at CEVA. "Virtual models of our CEVA DSPs integrated with VWorks VLAB enable complete system validation of hardware and software, parallelizing the development cycle."

About VWorks / ASTC

The Australian Semiconductor Technology Company (ASTC Pty Ltd) is a privately held semiconductor design, software and services company serving global markets and supply chains for aerospace, automotive, transportation, mobile, and multimedia electronics and embedded software. VWorks, a software solutions division of ASTC, incorporated in 2011. Both are headquartered in Adelaide, Australia, with over 100 staff, and offices in Australia, Europe, Japan, and North America. For more information, see www.vworks.com

About CEVA, Inc.

CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for the mobile handset, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia (HD video, Image Signal Processing (ISP) and HD audio), voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2011, CEVA's IP was shipped in over 1 billion devices and powers handsets from every top handset OEM, including Nokia, Samsung, HTC, LG, Motorola, Sony, Huawei and ZTE. Today, more than 40% of handsets shipped worldwide are powered by a CEVA DSP core. For more information, visit www.ceva-dsp.com. Follow CEVA on twitter at www.twitter.com/cevadsp.