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CEVA Locates More Success with Bluetooth 5.1 IPMOUNTAIN VIEW, Calif., Jan. 29, 2019 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, today announced the general release of its RivieraWaves Bluetooth 5.1 IP. Supporting the headline new feature of Direction Finding via Angle of Arrival (AoA) and Angle of Departure (AoD) for enhanced location services, the RW-Bluetooth 5.1 IP is available in both Bluetooth Dual Mode and Bluetooth Low Energy flavors. Henrique Rocha, Research Analyst, ABI Research, remarked: "The potential for Real-Time Locating Systems (RTLS) and Indoor Positioning Systems (IPS) is huge across many markets including smart manufacturing, healthcare, proximity services in retail, wayfinding in airports, shopping malls, and hotels. With the ratification of direction finding using AoA and AoD as part of the Bluetooth 5.1 standard, Bluetooth offers an improved location service solution with unprecedented centimeter-level accuracy. As this industry scales, Bluetooth, with its very cost and power-efficient nature, backed with guaranteed interoperability, is set to become a technology of choice for RTLS & IPS. Companies like CEVA that support this latest Bluetooth standard are an important contributor to the proliferation of this technology." Aviv Malinovitch, vice president and general manager of CEVA's Connectivity business unit, stated: "We congratulate the Bluetooth SIG on the release of the Bluetooth 5.1 specification. We see a strong interest from our customer base in accurate indoor positioning and asset tracking, and have already signed multiple license agreements for our latest Bluetooth 5.1 IP. We are proud to help our customers to rapidly enhance their Bluetooth-enabled products with this capability." "The Bluetooth community continues to find ways to meet evolving market needs and open new opportunities," said Mark Powell, Bluetooth SIG executive director. "The addition of Bluetooth direction finding demonstrates this commitment to drive innovation and support the incredible growth opportunity within the location services market." About RivieraWaves Bluetooth About CEVA, Inc.
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