MIPS Technologies China Marks Two-Year Anniversary Milestone and Expands R&D Facilities in Shanghai

Rapid Customer Adoption of MIPS(R) Architecture and Cores Extends Leadership in Exploding 'Digital Home' Market

MOUNTAIN VIEW, Calif., and SHANGHAI, China, March 27 /PRNewswire- FirstCall/ -- MIPS Technologies (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today marked its second anniversary and successful track record in China during opening ceremonies for its newly expanded R&D facilities in Shanghai. Today, Greater China represents MIPS Technologies' fastest growing region worldwide, spurred by the recent burgeoning 'digital home' market.

"China's rapid growth has resulted in unprecedented consumer demand for home entertainment, broadband access and portable media devices -- all markets where MIPS holds a prominent position," said John Bourgoin, president and CEO at MIPS Technologies. "In just two years, we're pleased that MIPS solutions are helping customers like Actions Semiconductor, Fangtek, and Huaya Microelectronics deliver innovative MIPS-Based designs to the market, and look forward to the company's continued growth and successes throughout China."

    MIPS Technologies China Milestones

    * MIPS upgrades Shanghai R&D Center and moves to newly expanded location
      SinoSys Corporation appointed as the first MIPS(R) Authorized Training
      Center in China; seminars targeted at local OEMs and semiconductor
      companies held throughout the country
    * Shanghai engineering team developed its first hard IP core, with the
      introduction of the MIPS32(R) 4KEc(R) core
    * Launched MIPS-Verified(TM) program to offer our customers and partners
      the gold standard in the processor IP community-stringently upholding
      the authentication of the MIPS brand and Ecosystem
    * MIPS teams with eleven customers, supported by a network of top-tier
      design service and fabless ASIC partners
    * Company announces a wide array of licensees in high-growth, high-volume
      licensees markets, including:

        * Actions Semiconductor, one of China's premier fabless semiconductor
          companies, extended commitment to MIPS architecture with 24KEc(TM)
          Pro license to produce next-generation portable media devices; MIPS-
          Based(TM) Series 13 products sampled in January
        * Fangtek Ltd., a leading provider of IC solutions for mobile
          devices, licensed the 24KEc(TM) core to develop high-performance,
          cost-effective cell phone media processors
        * Huaya Microelectronics, Limited, a provider of custom chips for
          video solutions, licensed the 4Kc(R) SMIC .18 hard core for DTV
        * Shanghai Jiao Tong University, one of China's most distinguished and
          respected educational institutions, licensed the 4Kc SMIC .18 hard
          core to develop SoCs for China's DTV market
        * Magima Corporation, a provider of embedded designs for the Chinese
          market, licensed the 4Kc SMIC 0.18 hard core for set-top-box and DTV
        * IC design firm Opulan Technologies Corporation licensed the 4KEc(R)
          core for xDSL access equipment for the Asia Pacific service provider

    About MIPS Technologies

MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications. The company drives the broadest architectural alliance that delivers 32- and 64-bit embedded RISC solutions to the embedded market, and in combination with its licensees, offers the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products worldwide. MIPS Technologies licenses its intellectual property (IP) to today's leading semiconductor companies, ASIC developers and system OEMs.

Today, MIPS-Based(TM) designs are integrated in millions of products around the world, including broadband devices from Linksys, digital cameras from Canon, DTVs and entertainment systems from Sony, DVD Recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco and laser printers from Hewlett- Packard. Founded in 1998, MIPS Technologies is based in Mountain View, California, with offices worldwide. For more information, please contact (650) 567-5000 or visit http://www.mips.com .

NOTE: MIPS, MIPS32, 4Kc, 4KEc, 24KEc, MIPS-Based and MIPS-Verified are trademarks or registered trademarks of MIPS Technologies, Inc. in the United States and other countries. All other trademarks referred to herein are the property of their respective owners.

Web site: http://www.mips.com//

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