CEVA, Inc. Will Receive $2.5 Million From U-Blox AG

    SAN JOSE, Calif., July 16 /EMWNews-FirstCall/ -- CEVA, Inc.

[(Nasdaq: CEVA); (LSE: CVA)], a leading licensor of silicon intellectual

property (SIP) DSP cores and platform solutions for mobile handsets,

consumer electronics and storage applications, today announced that it will

receive $2.5 million from u-blox AG pursuant to an agreement between the

parties to resolve a license dispute post a royalty audit after a

preliminary court hearing conducted by the Court of Commerce of the Canton

of Zurich, Switzerland, on July 10, 2008. CEVA will receive the $2.5

million for the claimed underreporting, underpayment and/or unauthorized

third party use of the technology rights licensed by CEVA to u-blox.



    

    About CEVA, Inc.



    Headquartered in San Jose, Calif., CEVA is a leading licensor of

silicon intellectual property (SIP) platform solutions and DSP cores for

mobile, consumer electronics and storage applications. CEVA's IP portfolio

includes comprehensive solutions for multimedia, audio, voice over packet

(VoP), Bluetooth and Serial ATA (SATA), and a wide range of programmable

DSP cores and subsystems with different price/performance metrics serving

multiple markets. In 2007, CEVA's IP was shipped in over 225 million

devices. For more information, visit http://www.ceva-dsp.com