CEVA Welcomes the Introduction of Bluetooth 5, the Next-Generation Bluetooth Standard

Bluetooth 5 features including extended range, higher speed and location-based services coming to RivieraWaves Bluetooth IP Platforms

MOUNTAIN VIEW, Calif. -- June 17, 2016 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, congratulates the Bluetooth SIG on its announcement of Bluetooth 5, the latest evolution of its highly successfully low power wireless IoT standard. This eagerly awaited standard incorporates a number of advanced features that will significantly improve the performance and use cases where Bluetooth will be deployed, including longer range connectivity and higher speed. CEVA is already engaged with multiple customers whose silicon will incorporate these Bluetooth 5 features when the standard is finally ratified later this year.

"The advancements coming in Bluetooth 5 keep the technology at the forefront of innovation and will help to transform the way people interact with the Internet of Things, providing them a seamless experience that is both simpler and more relevant," said Errett Kroeter, vice president of marketing for the Bluetooth SIG. "We are pleased to see the excitement and fast implementation of this new technology from SIG members like CEVA and others throughout the product value chain, which will ultimately bring Bluetooth 5 benefits to customers around the world in the shortest time."

CEVA, incorporating RivieraWaves, is the leading IP vendor providing solutions for both Bluetooth low energy and Bluetooth dual mode (i.e. Bluetooth classic combined with Bluetooth low energy), with a long pedigree stretching back more than fifteen years. With dozens of customers and numerous products in mass production, CEVA Bluetooth IP has shipped in more than a billion devices to date.

Aviv Malinovitch, vice president and general manager of CEVA's Connectivity business unit, stated: "We are delighted with the exciting enhancements Bluetooth 5 will bring to customers and we see very strong traction in the market for these features. Indeed, we already have some licensees with silicon prototypes implementing some of these Bluetooth 5 features and we look forward to the wide scale deployment of Bluetooth 5 in due course."

The RivieraWaves Bluetooth IP platforms consist of a hardware baseband controller, plus a feature-rich software protocol stack. For Bluetooth low energy, this protocol stack encompasses the Link Layer up to the GAP/GATT plus a comprehensive set of Services and Profiles. For Bluetooth dual mode, this protocol stack presents an industry standard HCI interface. A flexible radio interface allows the platform to be deployed with either RivieraWaves RF or various partners' RF IP, enabling optimal selection of foundry and process node.

For more information on RivieraWaves Bluetooth IP platforms, go to http://www.ceva-dsp.com/RivieraWaves-Bluetooth-Platforms.

About CEVA, Inc.
CEVA is the leading licensor of signal processing IP for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, computer vision and computational photography for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (Low Energy and Dual Mode), Wi-Fi (802.11 a/b/g/n/ac up to 4x4) and serial storage (SATA and SAS). Visit us at www.ceva-dsp.com.