Actions Semiconductor Licenses CEVA-TeakLite-4 Audio DSP and CEVA-Bluetooth IP

ZHUHAI, China and MOUNTAIN VIEW, Calif. - January 06, 2014 - Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) (“Actions Semiconductor”), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, and CEVA, Inc.(NASDAQ:CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, today announced that Actions has licensed the CEVA-TeakLite-4 DSP and CEVA-Bluetooth 4.0 Low Energy IP.

“We are constantly seeking to enhance our products with the latest technology and provide our customers with high performance turnkey solutions at attractive price points and a better user experience,” said Dr. Zhenyu Zhou, CEO of Actions Semiconductor. “Partnering with CEVA allows us to leverage their industry-leading audio DSP and Bluetooth IP in our next-generation audio SoC designs that integrate multimedia functionality and wireless connectivity.”

“We are pleased that Actions Semiconductor, one of China’s leaders in portable consumer electronics SoCs, is adopting their advanced audio processing around our CEVA-TeakLite family of DSPs,” said Gideon Wertheizer, CEO of CEVA. “We believe our solutions will offer Actions significant time-to-market savings for their next-generation products and enable efficient design reuse across their range of consumer SoCs.”

The fully programmable CEVA-TeakLite-4 DSP was specifically designed to address the increasingly complex processing and stringent low power requirements of advanced audio and voice algorithms. The CEVA-TeakLite-4’s orthogonal architecture, audio-specific instruction set and advanced power management support provides Actions with a platform with which to implement ultra-low power audio capabilities. The CEVA-Bluetooth 4.0 Low Energy IP provides Actions with a cost-effective Bluetooth platform designed with flexibility, portability and configurability in mind, and is ideal for integration into a wide range of embedded applications.

About Actions Semiconductor
Actions Semiconductor is one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The Company is headquartered in Zhuhai, China, with offices in Shanghai and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com.

About CEVA, Inc.
CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for the mobile, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia (vision, imaging and HD audio), voice processing, Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2012, CEVA's IP was shipped in over 1.1 billion devices, powering smartphones from many of the world's leading OEMs, including HTC, Huawei, LG, Nokia, Motorola, Samsung, Sony, TCL 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.