Zoran Corporation Reports First Quarter 2008 Results

DTV and mobile phone processors achieve records in revenues and units shipped, growing revenues sequentially 19 and 84 percent, respectively

SUNNYVALE, Calif. — Zoran Corporation (Nasdaq GS: ZRAN), a leading provider of digital solutions for applications in the growing digital entertainment and digital imaging markets, today reported results for its first quarter ended March 31, 2008. Revenues for the first quarter were $109.0 million, compared to $129.4 million last quarter and $101.7 million for the first quarter of 2007.

Recent Highlights

“¢ Revenues by product line for the first quarter of 2008 were 27 percent Digital Camera, 25 percent DTV, 21 percent DVD, 19 percent Printer Imaging, 7 percent mobile phone processors and 1 percent other
“¢ Zoran Powers Coship’s New Family of China Cable Set-Top Boxes
“¢ Zoran Demonstrates Latest Set-Top Box and Digital Television Technologies at CCBN in Beijing
“¢ Zoran Powers NTIA-Certified Converter Boxes From Eight Manufacturers Including Apex Digital, RCA and Others
“¢ Zoran’s COACH Processors Power Over 50 new Digital Camera Models at PMA
“¢ Zoran Demonstrates COACH 11 Digital Camera Processors with Face Tracking & Blur Correction Technologies at PMA
“¢ Zoran Demonstrates Camera and Multimedia Technology for Mobile Phones at Mobile World Congress
“¢ Zoran Demonstrates New DVD, HDTV, Digital Camera, Multimedia Mobile Phone, and Printer Technologies at CES2008
“¢ Zoran Announces VaddisHD® Multimedia Processor Platform for Blu-Ray Players

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