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Oki Licenses DSP Group's Teaklite

Tokyo, Japan and Santa Clara, California, April 4, 2000 – Oki Electric Industry Co., Ltd. (Oki) and DSP Group, Inc., (NASDAQ: DSPG) today announced that the two companies are continuing their cooperation in the development of cutting edge DSP applications. After previously licensing DSP Group's OakDSPCore®, Oki has now licensed TeakLite® from DSP Group. These state-of-the-art core technologies will allow Oki to integrate its in-house mixed-signal expertise and to strengthen its position in the audio, cellular, video, VoIP and other consumer product arenas.

Oki is a world leader in providing System LSI solutions with proven success in the marketplace. Together with Oki's mixed signal capability, the licensing of the OakDSPCore and TeakLite DSP Core further enhances Oki's System LSI offerings in applications where high-performance signal processing is required.

TeakLite is a 16-bit general-purpose DSP core designed for low power speech and audio processing, wireless communication, modems, advanced telecommunication systems and embedded-control applications. It is designed for low power, low voltage and high-speed Digital Signal Processing applications.

"We believe that TeakLite, with its low power and high- performance capabilities, will become a key ingredient in the design of many Oki Silicon Platform Architecture (SPA) LSI solutions," said Tetuzo Taniguti, General Manager of LSI Division, Oki Electric Industry Co., Ltd.

Issachar Ohana, Director of Core Licensing at DSP Group stated, "We are honored by Oki's decision to extend its IP portfolio to include TeakLite. This reflects Oki's confidence in our technology and the close working relationships that we maintain with our customers." Mr. Ohana concluded, "Oki has now joined the growing list of DSP Group's existing licensees who have come back to adopt our new generation of fully synthesizable DSP Cores."

DSP Group specializes in the development of high-performance DSP Cores. The SmartCores™ family of licensable DSP cores consists of PineDSPCore®, OakDSPCore®, TeakLite® Teak® and PalmDSPCore®, which are backward compatible and provide ideal solutions for low-power system-on-a-chip applications.

About Oki Electric Industry Co.

Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer headquartered in Tokyo, Japan. With more than 20,000 employees worldwide, Oki Electric provides customers with top-notch products and technologies for telecommunication systems, information systems and electronic devices through its corporate slogan "Oki, Network Solutions for a Global Society." All of Oki's manufacturing facilities are ISO9001 and ISO14001 certified. Visit Oki's global web site at http://www.oki.com.

About DSP Group, Inc.

DSP Group, Inc. is a global leader in the development and marketing of high-performance, cost-effective, licensable digital signal processing cores. The company's family of DSP cores provides ideal solutions for low-power cost-driven applications such as cellular, broad-band communication, VoIP, multimedia, advanced telecommunication systems, disk drive controllers and many other types of embedded control applications. By combining its DSP core technologies with its proprietary, advanced speech-processing algorithms – DSP Group also delivers a wide range of enabling, application specific ICs for full-featured integrated telephony products and applications, including digital spread spectrum wireless technologies. DSP Group, Inc. maintains an international presence with offices located around the globe. Additional information about DSP Group Inc., is available on the World Wide Web at: http://www.dspg.com.

This press release is also available through DSPG's News on Call fax service, which can be reached at 800-758-5804, company code 112025.

PineDSPCore, OakDSPCore, TeakDSPCore, PalmDSPCore, TeakLite, and Teak are registered trademarks of DSP Group, Inc. SmartCores is a trademark of DSP Group. All other trademarks are the property of their respective owners.

For Oki Electric Industry Co., Ltd: Tomoko Go Tel. +81-3-3580-8950 Fax. +81-3-3581-5522 email: gou715@oki.co.jp For DSP Group: Issachar Ohana Director of Core Licensing Tel. +972-9-952-9618 email: issachar@dsp.co.il