Parthus and Ubinetics Form Broad Reaching Strategic Alliance Around Multi-Mode 2.5g/3g Wireless Technology

2/12/2002 - Parthus Technologies plc (Nasdaq: PRTH, LSE: PRH), a leading developer of semiconductor platform-level intellectual property (IP) for the mobile Internet, and UbiNetics, an established expert and market leader in 3G wireless device technology, today announced a wide ranging strategic alliance and development program that will combine Parthus' 2G/2.5G technology with UbiNetics 3G technology to develop a fully integrated multi-mode 2.5G/3G (W-CDMA/GPRS/GSM) wireless solution. To underpin the strategic alliance, Parthus will make a small equity investment in UbiNetics.

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