Shanghai Frequen Licenses and Deploys CEVA Bluetooth Low Energy IP in New IoT Product Line

MOUNTAIN VIEW, Calif. -- June 19, 2017 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, today announced that Shanghai Frequen Microelectronics Co., Ltd. (Freqchip) has licensed and deployed CEVA's RivieraWaves Bluetooth low energy technology in its new FR801x family of wireless integrated circuits (ICs). Building on Freqchip's proven expertise in low power wireless IC design, the FR8010 is the first member of the FR801X family and is ideal for a wide variety of high-volume consumer products integrating Bluetooth connectivity, spanning personal health and fitness wearables to smart home appliances.

"Bluetooth continues to dominate as the connection of choice for very low power electronic devices," said Beck Li, CEO at Shanghai Frequen. "CEVA's RivieraWaves Bluetooth low energy IP has an impressive record of adoption and mass production in China and so was the perfect choice for us, providing advanced features in an ultra-low power architecture, all at low risk."

"We are pleased to announce Shanghai Frequen Microelectronics as a licensee for our RivieraWaves Bluetooth IP," said Aviv Malinovitch, vice president and general manager of the Connectivity Business Unit at CEVA. "The FR8010 is an impressive low power device that showcases the engineering pedigree of this company and offers a compelling solution for high volume Bluetooth-enabled consumer products."

CEVA's RivieraWaves Bluetooth IP platforms provide comprehensive solutions for both Bluetooth low energy and Bluetooth dual mode connectivity. Each platform consists of a hardware baseband controller, plus a feature-rich software protocol stack. A flexible radio interface allows the platforms to be deployed with either RivieraWaves RF or various partners' RF IP, enabling optimal selection of foundry and process node. All Bluetooth 5 features are supported, including LE 2Mbps data rate, Long Range and LE Advertising Extension. With more than 1 billion devices shipped to date and dozens of licensees, the RivieraWaves Bluetooth IP is widely deployed in consumer and IoT devices with many of the world's leading semiconductors companies and OEMs, including smartphones, tablets, wireless speakers, wireless headsets and earbuds, hearing aids and other wearables. For more information on RivieraWaves Bluetooth IP platforms, go to http://www.ceva-dsp.com/product/rivierawaves-bluetooth-platforms/.

About Shanghai Frequen Microelectronics Co., Ltd.
Shanghai Frequen (Freqchip) is located in Shanghai, China Zhangjiang Hi-Tech Park. Our company is focused on the analog, RF and low-power wireless connection technology at the core of integrated circuits for consumer electronic products. We are a customer-orientated company with a rich experience in research and development, mass production and rapid response to market needs. Our first generation Bluetooth audio SoC family, FR301x is widely adopted in Bluetooth earphones and wireless music boxes. Now Freqchip is releasing our true BLE SoC, the FR801x series based on CEVA's RivieraWaves platform. This will be widely used in wearable devices, smart controllers, smart medical detectors, secure payment equipment and other low power IoT devices. Next, Freqchip will release our new dual mode Bluetooth SoC, also based on CEVA's RivieraWaves Bluetooth IP. A highly professional organization, Freqchip always strives to be the leading provider of wireless and audio relevant applications. For more news about Freqchip, please visit our website: http://www.freqchip.com.

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, advanced imaging, computer vision and deep learning 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