SAN JOSE, Calif. and DUBLIN, Ireland, Nov. 11, 2002 (PRIMEZONE) -- ParthusCeva, Inc. ("ParthusCeva") (Nasdaq:PCVA) (LSE:PCV) announces the following clarification & correction to the joint press release of ParthusCeva, Parthus Technologies plc ("Parthus") and DSP Group, Inc. ("DSPG") (Nasdaq:DSPG) which was released on November 1, 2002.
The amount of the capital repayment payable to holders of record of Parthus ordinary shares as of 5 p.m. New York time on October 31, 2002 (the "record time") is $0.100894 (or approximately GB 0.064 pounds) per Parthus ordinary share held at the record time. The press release of November 1 incorrectly stated the sterling equivalent per share as GB 0.64 pounds.
Holders of record of Parthus American Depositary Shares ("ADSs") (each representing 10 ordinary shares of Parthus) as of the record time will receive a capital repayment of $1.008940 per Parthus ADS held at the record time, less applicable ADS cancellation fees of $0.05 per ADS. The press release of November 1 incorrectly stated the ADS capital repayment as $1.08940 per ADS.
Barry Nolan, ParthusCeva Inc., 2033 Gateway Place, Suite 150, San Jose, USA, Tel: 1 408 514 2900