Merger of the IP Licensing Business of DSP Group and Parthus Technologies - Satisfaction of Irrevocable Undertaking Pre-Condition

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Merger of the IP Licensing Business of DSP Group and Parthus Technologies - Satisfaction of Irrevocable Undertaking Pre-Condition

    SANTA CLARA, Calif., April 5 /PRNewswire-FirstCall/ --
DSP Group, Inc. (Nasdaq: DSPG) ("DSPG") and
Parthus Technologies plc (Nasdaq: PRTH; LSE: PRH) ("Parthus") jointly announce
that DSPG has received irrevocable undertakings from the holders of
approximately 36% of the issued Ordinary Share capital of Parthus to vote in
favor of the proposed merger of Parthus and Ceva, the DSP intellectual
property licensing subsidiary of DSPG, announced earlier today.  This
satisfies a pre-condition to the proposed merger.
    The directors of DSPG and the directors of Ceva accept responsibility for
the information contained in this announcement other than that relating to the
Parthus group, the directors of Parthus, their immediate families, related
trusts and persons connected with them.  To the best of the knowledge and
belief of the directors of DSPG and Ceva (who have taken all reasonable care
to ensure that such is the case), the information contained in this
announcement for which they accept responsibility is in accordance with the
facts and does not omit anything likely to affect the import of such
information.
    The directors of Parthus accept responsibility for the information
contained in this announcement relating to the Parthus group, the directors of
Parthus, their immediate families, related trusts and persons connected with
them.  To the best of the knowledge and belief of the directors of Parthus
(who have taken all reasonable care to ensure that such is the case), the
information contained in this announcement for which they accept
responsibility is in accordance with the facts and does not omit anything
likely to affect the import of such information.
    Morgan Stanley is acting for DSPG and Ceva and no one else in connection
with the Merger and the Scheme and will not be responsible to anyone other
than DSPG and Ceva for providing the protections offered to clients of Morgan
Stanley, nor for providing advice in relation to the Merger and the Scheme.
    Goldman Sachs International is acting for Parthus and no one else in
connection with the Merger, the Scheme and the Capital Repayment and will not
be responsible to any other person for providing the protections offered to
clients of Goldman Sachs International, or for providing advice in relation to
the Merger, the Scheme and the Capital Repayment (as such terms were defined
for the purposes of the Announcement of the Merger).

    Enquiries:

    DSP Group, Inc.,                         Tel: +1-408-986-4423
    Yaniv Arieli, Investor Relations

    Morgan Stanley & Co. Limited,            Tel: +44-20-7425-5000
    Geoff Baldwin, Managing Director,
    Duncan Priston, Vice President

    Parthus Technologies plc,                Tel: +353-1-402-5700
    Barry Nolan

    Goldman Sachs International,             Tel: +44-20-7774-1000
    Basil Geoghegan, Executive Director

    Financial Dynamics,                      Tel: +44-20-7831-3113
    James Melville-Ross

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA
OR JAPAN

SOURCE DSP Group, Inc.

http://www.dspg.com
Company News On-Call:

http://www.prnewswire.com/comp/112025.html
CONTACT:
Yaniv Arieli, Investor Relations of DSP
Group, Inc., +1-408-986-4423; or Geoff Baldwin, Managing
Director, or Duncan Priston, Vice President, both of Morgan
Stanley & Co. Limited, +44-20-7425-5000; or Barry Nolan of
Parthus Technologies plc, +353-1-402-5700; or Basil Geoghegan,
Executive Director of Goldman Sachs International,
+44-20-7774-1000; or James Melville-Ross of Financial Dynamics,
+44-20-7831-3113