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| SAN JOSE, Calif. and DUBLIN,
Ireland, Nov. 30 /PRNewswire/ -- Parthus Technologies PLC (Nasdaq: PRTH; London:
PRH), a leading developer of platform level intellectual property for the mobile Internet
market, today announced a licensing agreement with NVIDIA® Corporation (Nasdaq: NVDA) for
the Parthus MediaStream(TM) DSP (Digital Signal Processor). The MediaStream DSP is being deployed in NVIDIA's recently announced Media Communications Processor (MCP), a highly advanced multimedia processor delivering broadband connectivity, communications and breakthrough audio capabilities. The audio portion of the MCP includes a pair of high performance MediaStream DSPs executing up to 4 billion operations per second. NVIDIA's first deployment of the MCP containing Parthus MediaStream is for Microsoft's Xbox. Scheduled for release in fall 2001, Xbox is Microsoft's future generation video game console that delivers superior graphics, better audio and the most intense, action-packed gaming experience available. ``We are delighted to have been selected by NVIDIA for this important platform technology,'' said Brian Long, chief executive officer at Parthus. ``The use of our MediaStream DSP technology is a testimony to Parthus as a leading provider of technology for the burgeoning multi-media market.'' About Parthus Technologies Parthus Technologies is one of the world's leading providers of complete platform level Intellectual property (IP) solutions targeting the mobile Internet market. Incorporating radio, baseband and software design solutions, Parthus' unrivalled range of mobile Internet platforms are used by the world's largest microprocessor companies and electronics manufacturers in MP3, GPS, GPRS, GSM, 3G and Bluetooth applications. Parthus broad range of platforms power a diverse range of mobile Internet devices, such as cellular handsets, Smartphones, automobiles, personal audio players and PDAs. The company leverages seven years of IP development experience to deploy platforms that lead the industry in terms of ultra-high processing power and low power consumption, and deliver significant cost and time-to-market advantages to its customers. Parthus is headquartered in Dublin with offices in six countries and is listed on the London Stock Exchange and Nasdaq. More information on Parthus is available at http://www.parthus.com .
Safe Harbor Statement: This press release may contain ``forward-looking statements'' within The meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any ``forward-looking statements'' in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Any statements that are not statements of historical fact (including without limitation statements to the effect that the Company or its management ``believes,'' ``expects,'' ``anticipates,'' ``plans'' and similar expressions) should be considered forward-looking statements. Important factors that could cause actual results to differ from those indicated by such forward-looking statements include uncertainties relating to the acceptance of semiconductor intellectual property offerings, expansion of our business, quarterly variations in results, and other uncertainties that are discussed in the ``Risk Factors'' section of our final prospectus dated May 19, 2000, which is on file with the SEC and of our listing particulars dated May 19, 2000, filed with the London Stock Exchange and the Registrar of Companies in England and Wales and the Registrar of Companies in the Republic of Ireland. SOURCE: Parthus Technologies PLC |
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