CEVA, Inc. (CEVA) Barclays Capital Global Technology, Media and Telecommunications Conference May 22, 2012 11:45 am ET Analysts Joseph Wolf - Barclays Capital Executives Yaniv Arieli - Chief Financial Officer PresentationJoseph Wolf - Barclays Capital Good morning. I'm Joseph Wolf from Barclays, and it's my pleasure to introduce Yaniv Arieli from CEVA, the CFO. Yaniv Arieli
Thanks, Joseph. Good morning, everyone and welcome to the CEVA presentation. Over the next 25 minutes or so, we will try to give you little bit of more flavor, start with the forward-looking statements, then talk about who we are, what is the technology base, and from there we will move and talk about the markets and the growth drivers for us in the segments and then we will wrap up with some of the financial highlights which have a pretty nice correlation to the growth and the ramp up that we have had over the years and we will wrap up with some investment opportunity and the summary. So, CEVA is the world's leader licensor of DSP cores and platforms. Essentially, we are an IP, intellectual property company and the biggest in the world in architectures for DSPs for basebands and handsets. To make it a little bit simpler, in non-technical words, in every cell phone that is sold today in the world, you have three main engines. One is the CPU, which is an ARM or maybe an Intel in the future. One is the GPU, which is a graphics and post-processing which dominant like Imagination’s of the world and the third is the DSP which CEVA has the dominant play in, and DSP essentially helps to use and translate analog signals to digital and vice versa. Anytime we speak or hear or see these analog signals need to be transforming to a digital and vice versa.