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DSP Group, Inc. Announces Preliminary Results of Annual Meeting



DSP Group, Inc. Announces Preliminary Results of Annual Meeting

Dr. Reuven Regev, Norman Rice, Gabi Seligsohn and Norman Taffe Elected to the
Board

SAN JOSE, Calif., June 11, 2013 (GLOBE NEWSWIRE) -- DSP Group^®, Inc.
(Nasdaq:DSPG), a leading global provider of wireless chipset solutions for
converged communications, announced today that, based on preliminary estimates
of voting results from the Company's 2013 Annual Meeting held yesterday,
stockholders elected four directors to DSP Group's Board of Directors. Two of
the four elected directors were recommended by the Company, Dr. Reuven Regev
and Gabi Seligsohn, and two of the elected directors, Norman Rice III and
Norman Taffe, were nominated by Starboard Value LP, our second largest
stockholder. These four independent directors are expected to be seated
following the certification of the voting results. In addition to the election
of four directors, the stockholders also approved four of the Company's other
proposals.

Patrick Tanguy, non-executive Chairman of DSP Group, stated, "We are grateful
to our stockholders for supporting the election of Dr. Regev and Mr.
Seligsohn, we welcome Norman Rice and Norman Taffe to DSP Group, and look
forward to working collaboratively with them as directors to enhance value for
all stockholders." Mr. Tanguy also stated, "On behalf of the Company and its
Board of Directors, I would like to thank Eli Ayalon, who led our Company for
the last 17 years and Zvi Limon, a key contributor to the Company and the
Board during the past 14 years, for their leadership, outstanding
contributions and many years of service to the Company and its stockholders."

Jeffrey C. Smith, Managing Member, Chief Executive Officer and Chief
Investment Officer of Starboard Value LP, stated, "On behalf of Starboard, I
would like to express our sincere gratitude to our fellow DSP Group
stockholders for their support. We believe the Company has strong products
which drive cash flow to support interesting and exciting technologies. The
continued strength of the management team and Board should help to create
value from these opportunities. Norman Rice and Norman Taffe are highly
qualified, capable, and ready to serve stockholders to the best of their
ability. They will help make DSP Group a stronger, and ultimately, more
valuable company over the long term."

Ofer Elyakim, DSP Group's Chief Executive Officer, added, "It was a toughly
fought election, but it is now time to put our differences behind us to work
together as a unified Board in the best interests of all stockholders. Our
Board and management hope to benefit from the experience and insights of
Messrs. Rice, Seligsohn and Taffe and appreciate their willingness to join and
contribute to our future success."

Messrs. Rice, Seligsohn and Taffe stated, "We want to thank stockholders for
their support in electing us to DSP Group's Board. We know that DSP Group has
great products and significant potential, and we look forward to working
constructively with the Board and the Company's management and employees
towards enhancing long term value at DSP Group for the benefit of all
stockholders."

Biographical information regarding the four directors elected is presented
below:

Dr. Reuven Regev, 63, has served as one of our directors since January 2011.
Dr. Regev is the Chairman and Chief Executive Officer of Topscan Ltd, a
computer peripheral electronic devices company which he founded in 2008. Dr.
Regev has also served as the Chairman of Flexicath Ltd, a medical devices
company, since 2009. From 2006 to 2008, Dr. Regev served as Chief Executive
Officer and a board member of Karmelsonix Ltd., a medical devices company
focused on Asthma treatment and listed on the Australian Stock Exchange.
Between 1995 and 2005, Dr. Regev served as the CEO of Vectory Ltd, the
High-Tech investment arm of Elbit Imaging, a NASDAQ-listed company. Dr. Regev
received a B.Sc. and an M.Sc. in Electrical Eng. Communications and Control
Systems from the Technion, Israel. He received an M.Sc. and a Ph.D. in
Industrial Engineering and Management from Stanford University, California.

Norman J. Rice, III, age 39, has been the Managing Partner of New Castle
Capital Group, LLC, where he focuses on building capital, client and exit
relationships in the technology and new media segment, since July 2010. Norman
has a strong track record as both a successful entrepreneur and a turnaround
specialist in the high technology marketplace. From June 2005 until March
2009, Mr. Rice was the Vice President of the Communications, Media and
Entertainment (CME) Vertical Business Unit of CA, Inc. (n/k/a CA Technologies,
Inc.), an independent enterprise information technology management software
and solutions company. From March 2005 until June 2005, Mr. Rice served as
Vice President of Business Development of the Aprisma Management Technologies
Business Unit of Concord Communications, Inc., a provider of network service
management software solutions, until its acquisition by CA, Inc. in June 2005.
Prior to that, Mr. Rice was the Vice President of Business and Corporate
Development at Aprisma Management Technologies, Inc., a company that provided
Network assurance solutions, from January 2002 until its acquisition by
Concord Communications, Inc. in February 2005. From May 2000 until October
2001, Mr. Rice was the Director of Software Solutions and Business Development
of HoustonStreet Exchange, Inc., a subsidiary of BayCorp Holdings, Ltd.. Mr.
Rice also served in technology consulting and business development roles in
the United States and Europe for MicroStrategy, Inc., from March 1999 to May
2000. In addition, Mr. Rice served as an Advisory Board Member of vKernel
(n/k/a Quest Software), a then leading provider of performance and capacity
management software that ensures vm performance of VMware, Hyper-V and Red Hat
environments from June 2009 to January 2011. Mr. Rice has also served on the
Board of Directors of Nitro Security Inc. (n/k/a McAfee, Inc.), a then leading
provider of security information and event management (SIEM) solutions that
provides complete visibility and situational awareness to protect critical
information and infrastructure, from July 2007 to September 2008. Mr. Rice
holds Masters degrees in Engineering and Management from Dartmouth College and
a Bachelor of Science from the University of Michigan.

Gabi Seligsohn, 46, has served as the President and Chief Executive Officer of
Nova Measuring Instruments (Nasdaq:NVMI), a provider of leading-edge
stand-alone metrology and the market leader of integrated metrology solutions
to the semiconductor process control market ("Nova"), since August 2006.
Having joined Nova in 1998, Mr. Seligsohn has served in several key positions
in the company, including as the Executive Vice President, Global Business
Management Group from August 2005 to August 2006. From August 2002 until
August 2005, Mr. Seligsohn was President of Nova's U.S. subsidiary, Nova Inc.
Prior to that, he was Vice President Strategic Business Development at Nova
Inc. where he established Nova's OEM group managing the Applied Materials and
Lam Research accounts between the years 2000 to 2002. From 1998 to 2000 he
served as Global Strategic Account Manager for the company's five leading
customers. Mr. Seligsohn joined Nova after serving as a Sales Manager for key
financial accounts at Digital Equipment Corporation. Mr. Seligsohn holds an
LL.B. from the University of Reading in England. He was voted CEO of the year
for the Israeli Hi-Tech industry by the Israeli management institute in 2010.

Norman P. Taffe, age 46, has served as a member of the Board of Directors of
Integrated Device Technology, Inc. (Nasdaq:IDTI), a mixed-signal semiconductor
solutions company, since October 2012. He is also Chairman of the Board of
Directors of the Second Harvest Food Bank, a non-profit organization, where he
has served as a board member since July 2008. Previously, Mr. Taffe served as
the Executive Vice President of Consumer and Computation Division of Cypress
Semiconductor Corporation ("Cypress"), a provider of high-performance,
mixed-signal, programmable solutions that provide customers with rapid
time-to-market and exceptional system value, from May 2005 until May 2012.
Prior to that, Mr. Taffe held numerous positions with Cypress, including
Marketing Director of the programmable logic and interface products divisions
from April 1999 to July 2001, Managing Director of Cypress' mergers and
acquisitions and venture funds from July 2001 to September 2002, Managing
Director of the wireless business unit from September 2002 to January 2005,
and Vice President of the Personal Communications Division from January 2005
to May 2005. Mr. Taffe also served as a member of the Board of Directors of
Cypress Envirosystems, a Cypress-funded independent company that develops
system-level products for reducing energy costs with wireless technology, from
September 2007 to February 2013. He completed the Program for Management
Development at Harvard Business School and has a Bachelor of Science degree in
Electrical Engineering from the University of Michigan.

About DSP Group

DSP Group^®, Inc. (Nasdaq:DSPG) is a leading global provider of wireless
chipset solutions for converged communications. Delivering semiconductor
system solutions with software and reference designs, DSP Group enables
OEMs/ODMs, consumer electronics (CE) manufacturers and service providers to
cost-effectively develop new revenue-generating products with fast time to
market. At the forefront of semiconductor innovation and operational
excellence for over two decades, DSP Group provides a broad portfolio of
wireless chipsets integrating DECT/CAT-iq, DECT ULE, Wi-Fi, PSTN, HDClear™,
video and VoIP technologies. DSP Group enables converged voice, audio, video
and data connectivity across diverse mobile, consumer and enterprise products
– from mobile devices, connected multimedia screens, and home automation &
security to cordless phones, VoIP systems, and home gateways. Leveraging
industry-leading experience and expertise, DSP Group partners with CE
manufacturers and service providers to shape the future of converged
communications at home, office and on the go. For more information, visit
www.dspg.com.

About Starboard Value

Starboard Value LP is a New York-based investment adviser with a focused and
differentiated fundamental approach to investing in publicly traded U.S. small
cap companies. Starboard invests in deeply undervalued small cap companies and
actively engages with management teams and boards of directors to identify and
execute on opportunities to unlock value for the benefit of all shareholders.

CONTACT: Christopher Basta,
         DSP Group, Inc.
         Tel: +1-408-240-6844
         Cell: +1-631-796-5644
         chris.basta@dspg.com

DSP Group
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