SANTA CLARA, Calif., Jan. 3 /PRNewswire-FirstCall/ -- DSP Group, Inc. (Nasdaq: DSPG), a worldwide leader in developing and providing chipset solutions for residential wireless connectivity, will unveil its innovative Cordless Voice Over IP (VoIP) chip at the upcoming 2005 International CES in Las Vegas on January 6th - 9th.
A new innovative Cordless IP (CoIP) - chip combines VoIP, traditional telephony and Digital Cordless functionality on single silicon die. The CoIP chip is designed to support Digital Cordless Multi-handset applications with multiple VoIP lines and traditional telephony without additional costs and create a new residential application for the rapid growing VoIP space.
"With such a unique and excellent portfolio of products, we are positioned to grow in both of our native telephony and emerging VoIP markets. DSP Group continues its tradition of innovation in markets related to the residential space of convergence of voice, data & video over broadband and wireless. We also see increasing interest in utilizing and enhancing the well known and widely used Cordless telephony devices with advanced features and capabilities including our 2.4GHz, 5.8GHz and new DECT 1.9GHz chip sets," stated Victor Koretsky, DSP Group's VP of Marketing and Sales.
International CES - Las Vegas Convention Center
DSP Group will be demonstrating its new products and features at CES and welcomes you to stop by our suite for viewing and discussing our products and your needs. Our suite is located at the Courtyard Marriott Hotel -- meeting room B and suite# 160 & 162 -- on 3275 Paradise Road, Las Vegas, Nevada. Please try to coordinate in advance.
About DSP Group
DSP Group, Inc. is a fabless semiconductor company, offering advanced chipsets solutions for a variety of applications. DSP Group is a world leader in the short-range wireless communication market, enabling home networking convergence for voice, video & data. By combining its in-house technologies of Digital Signal Processors (DSP's), portfolio of wireless communication protocols, including DECT, Bluetooth and WiFi, most advanced Radio Frequency CMOS and SiGe, as well as VoIP ICs, DSP Group is a world leader and a one- stop-shop for a wide range of applications. These applications include, but are not limited to: ISM band digital 900MHz, 2.4GHz, 5.8GHz telephony, European DECT (1.9GHz) telephony, Bluetooth systems for voice, data and video communication and are deployed in residential, SOHO, SME, enterprise and automotive applications. DSP Group ICs provide solutions for MP3 players, VoIP Phones, Gateways, and Integrated Access Devices (IAD's) and are widely used in Digital Voice Recorders (DVR's). More information about DSP Group is available at http://www.dspg.com .
This press release may contain statements that qualify as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995, including statements made by Mr. Koretsky about (i) DSP Group's unique and excellent portfolio of products and our prospective growth in both of our native telephony and emerging VoIP markets, (ii) DSP Group's insight of increasing interest in utilizing and enhancing the well known and widely used Cordless telephony devices with advanced features and capabilities including our 2.4GHz, 5.8GHz and new DECT 1.9GHz chip sets, (iii) the future success and contribution to DSP Groups' growth derived from the new CoIP chip set solution, (iv) our ability to create a new residential application (CoIP) for the rapid growing VoIP space. These forward-looking statements are based on current expectations and DSP Group assumes no obligation to update this information. In addition, the events described in these forward-looking statements may not actually arise. These and other factors which may affect future operating results and DSP Group's stock price are discussed under "RISK FACTORS" in the Form 10-K for the year ended December 31, 2003, as well as other reports, including the Form 10-Q for the quarter ended September 30, 2004, DSP Group has filed with the Securities and Exchange Commission and which are available on DSP Group's Web site (http://www.dspg.com) under Investor Relations.
For more information, please contact Yaniv Arieli, President of US Operations, Investor Relations, DSP Group at (408) 986-4423, or e-mail firstname.lastname@example.org.
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