Parthus Bluestream Platform To Shine At Bluetooth Congress

BlueStream™ - comprehensive, user friendly Bluetooth™ solution now on one single CD

San Jose, CA - June 11, 2002 - Parthus Technologies plc., (Nasdaq: PRTH, LSE: PRH), a leading provider of platform-level intellectual property targeting the mobile Internet, will demonstrate its most advanced industry leading Bluetooth IP solution - BlueStream - along with numerous examples of customer certified silicon at the Bluetooth Congress in Amsterdam this week (11-14 June, 2002).

Parthus' pioneering BlueStream™ platform is widely acknowledged to deliver the highest levels of Bluetooth wireless functionality and performance to electronic device developers and manufacturers, offering reduced time to certification, rapid time to market and exceptionally low cost of deployment across a broad range of consumer and business applications. As a market ready solution, the BlueStream™ platform is fully compliant with all mandatory and optional features required in Bluetooth specification version 1.1 and surpasses many industry norms in terms of the immensely rich feature set and complete functionality which the platform provides. In addition, the availability of an extensive range of profiles with Parthus BlueStream serves to further accelerate a products time to market offering our customers optimum product flexibility and increased market share.

The Parthus demonstration will encompass all aspects of Parthus' Core BlueStream™ IP platform to include interoperability with standard products readily available on the market, reliable high speed wireless connections and profiles for niche markets including headsets, cordless telephones, dial-up networking, file transfer and intercom, among others. Each function shown will outline routes for rapid entry into niche market segments and insights into the achievement of significant and sustainable differentiation in a highly competitive marketplace.

Additionally, throughout the four-day event Parthus will showcase numerous examples of customer certified silicon, all which have incorporated BlueStream™ IP. Many Parthus customers are at an advanced stage of development and are moving rapidly towards mass production. Exploiting the advanced nature of the BlueStream™ platform and its extensive experience in developing and deploying short range wireless technologies, Parthus will also formally launch its comprehensive and user friendly BlueStream™ solution in a single compact disc format at the Amsterdam event.

"The deployment of our BlueStream™ Platform onto a single CD proves the maturity of the solution" said Martin Farnan, BlueStream™ Platform Director, Wireless Business Unit for Parthus Technologies. "Parthus already has a notable track record within the Bluetooth industry, and we are taking this opportunity to further re-inforce our position as the industry's number one supplier."

"Initiatives such as BlueStream™ IP on CD indicate our commitment to provide ease of entry for organisations into specific focused market segments. Our approach affords them several significant competitive advantages with enhanced development cycles, low risk, lower cost, higher performance and faster time to market", said Farnan.

Based on the success of the BlueStream™ platform, Parthus have decided to extend their reach into the 802.11 arena. Parthus' IEEE 802.11 compliant IP solution, In8Stream™, incorporates a multi-mode b/a/g MAC Hardware core, a complete software stack for station or access point applications and 802.11b/a/g multi-protocol baseband core. In addition to supporting all current 802.11 standards, In8Stream™ is architected for future generation 802.11 standards. Parthus plans to support the IEEE 802.11 i/e/h standards (Security, quality of service and power management)

About Bluetooth

Bluetooth is rapidly becoming the de facto standard for wireless communication between a range of personal electronic devices such as mobile phones, handheld devices, PC peripherals, automotive, home and industrial appliances. By eliminating the need for cables between inter-connecting devices, individuals can share voice and data using broadband and secure local wireless connections. By 2005, Cahners In-Stat forecasts that Bluetooth technology will be used in almost 780 million devices, ranging from mobile phones and desktop computers to digital cameras and automobiles.

The Bluetooth trademarks are owned by Bluetooth SIG Inc., USA.

About 802.11

802.11 is a family of specifications for wireless local area networks (WLANs) developed by a working group of the Institute of Electrical and Electronics Engineers (IEEE). There are currently three specifications in the family: 802.11, 802.11a and 802.11b. The most recently proposed standard, 802.11g (which will be added late this year), offers wireless transmission in the 2.4 GHz ISM band at data rates up to 54 megabits per second (Mbps) compared with the 11 megabits per second of the 802.11b standard.

About Parthus

For further information about Parthus.

A PDF copy of this press release is also available here.

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This document may contain "forward looking statements''. Any "forward looking statements'' in this document 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. Important factors that could cause actual results to differ from those indicated by such forward-looking statements include uncertainties relating to the ability of management to complete the planned merger with Ceva, Inc. and to successfully integrate the operations of the two companies, uncertainties relating to the acceptance of semiconductor intellectual property offerings, expansion of our business, quarterly variations in results, and other uncertainties that are discussed in our 2000 Annual Report on Form 20-F which is on file with the SEC since June 26, 2001.