Announces availability of RivieraWaves Bluetooth 5 IP; Multiple license agreements already signed with leading semiconductor companies and OEMs

MOUNTAIN VIEW, Calif., Dec. 7, 2016 — (PRNewswire) — CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, today announced the general release of its RivieraWaves Bluetooth 5 IP. With multiple enhancements including longer range, higher speed and extended support for connectionless services, Bluetooth 5 is a significant upgrade over prior Bluetooth standards, offering both improved features for existing use cases and breakout features to open up exciting new IoT applications for the smart environment.

Katy Scheck, Director of Marketing at the Bluetooth Special Interest Group, commented: "We're excited to see companies like CEVA leverage the latest Bluetooth 5 technology that will deliver more capabilities and open more possibilities for companies and developers to bring about an accessible, interoperable Internet of Things. The Bluetooth Special Interest Group looks forward to continuing to collaborate closely with our member companies like CEVA to evolve our technology roadmap."

CEVA, incorporating RivieraWaves, is the leading IP vendor providing solutions for Bluetooth low energy and Bluetooth dual mode, 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. With Bluetooth 5, CEVA remains at the forefront, with multiple licensees already engaged and customer silicon in hand.

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 specification and we are confident that this is a major milestone in the evolution of Bluetooth. The enhancements and new features that the Bluetooth SIG has incorporated into Bluetooth 5 positions this standard well to increase its footprint in the smart home, the smart city and beyond. We continue to see excellent traction for our Bluetooth IP with both semiconductor companies and OEMs and we're anticipating rapid adoption of the Bluetooth 5 standard by the market."

The RivieraWaves Bluetooth IP platforms consist of a hardware baseband controller, a digital modem, 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 one of the RivieraWaves RF IPs or various partners' RF IPs, 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 and follow us on Twitter, YouTube and LinkedIn.

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SOURCE CEVA, Inc.

Contact:

CEVA, Inc. Richard Kingston, CEVA, Inc. Phone: +1 650-417-7976 Email Contact Publitek (Pinnacle Division), Simon Flatt Phone: +44 20 8869 9229 Email Contact Web: http://www.ceva-dsp.com