CEVA First to Deliver Bluetooth 5 Dual Mode IP

Multiple licensees including ASR Micro adopt RivieraWaves Bluetooth 5 Dual Mode IP for smartphones, smart speakers, headsets and IoT Devices

MOUNTAIN VIEW, Calif., March 7, 2018 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, today reinforced its leadership in the Bluetooth IP market with delivery of its RivieraWaves Bluetooth 5 dual mode IP to multiple licensees, including ASR Microelectronics.

Bluetooth 5 dual mode is the latest version of the ubiquitous Bluetooth standard. It concurrently couples all the latest Bluetooth 5 low energy features such as LE 2Mbps, Long Range and LE Advertising Extension, together with the classic Bluetooth BR/EDR operation. Bluetooth 5 dual mode products can therefore benefit from the latest low power features while being fully interoperable with the billions of existing Bluetooth products, with full support for high quality audio, a key feature of many Bluetooth products.

Vincent Tai, CEO of ASR, commented: "CEVA is a key partner to ASR, providing us with leading-edge technology that allows us to develop best-in-class products. The RivieraWaves Bluetooth 5 dual mode IP ensures we can incorporate the latest Bluetooth features into our chip designs, and stay ahead of the competition."

Aviv Malinovitch, vice president and general manager of the Connectivity Business Unit at CEVA, commented: "Bluetooth Low Energy continues to evolve, with an array of exciting new features, but for audio applications and general compatibility with existing Bluetooth devices, classic Bluetooth remains a must-have. We are proud to offer the best of both worlds with our RivieraWaves Bluetooth 5 Dual Mode IP and excited to see the innovative products our customers develop with it."

CEVA's RivieraWaves Bluetooth IPs and platforms provide comprehensive solutions for both Bluetooth LE and Bluetooth dual mode connectivity. Each IP 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 Bluetooth PHY (modem and 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. Widely adopted with different processor subsystems, CEVA also offers RISC-V based fully integrated platforms. 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 semiconductor 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 https://www.ceva-dsp.com/product/rivierawaves-bluetooth-platforms/.

About ASR Microelectronics (Shanghai) Co., Ltd.

ASR is a China based fabless semiconductor company, having leadership in 2G, 3G, 4G and next-generation wireless technologies. The company's diverse product portfolio includes thin modem, handset and IOT solutions that power the entire wireless and consumer electronics markets. Founded in April 2015, ASR is funded by leading corporation and investment institution in China, and headquartered in Shanghai, China with R&D centers in Shanghai, Beijing, Chengdu, Dalian, Hefei, USA and Korea, technical support center in Shenzhen. In May 2017, ASR completed the acquisition of the Marvell MBU (Mobile Business Unit).

About CEVA, Inc.

CEVA is the leading licensor of signal processing platforms and artificial intelligence processors 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 and computer vision for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For artificial intelligence, we offer a family of AI processors capable of handling the complete gamut of neural network workloads, on-device. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (low energy and dual mode) and Wi-Fi (802.11 a/b/g/n/ac/ax up to 4x4). Visit us at www.ceva-dsp.com