Merger of Parthus Technologies and the IP Licensing Business of DSP Group

4/5/2002 - Parthus Technologies plc ("Parthus") (LSE: PRH, Nasdaq: PRTH) and DSP Group, Inc. ("DSPG") (Nasdaq: DSPG) jointly announce that they have agreed to combine Parthus with the DSP IP licensing business of DSPG ("Ceva Business") in a merger of equals (the "Merger"). The Merger, which has been unanimously approved by the boards of directors of both companies, creates a combined company which the parties believe will have clear leadership in the market for Digital Signal Processing ("DSP") cores and platform-level IP - the core technologies for all digital communication and multimedia devices. The new combined company will be called ParthusCeva, Inc. ("ParthusCeva").

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