MIPS Technologies and Trident Microsystems Complete Licensing Agreement for MIPS32 24KEc Pro Core

Companies Reach Agreement on Patent, Trademark Lawsuit

MOUNTAIN VIEW, Calif. April 9, 2007 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today announced that Trident Microsystems, Inc., a leading provider of digital TV technology for the consumer digital video marketplace, has licensed the MIPS32® 24KEcTM Pro core for use in Trident’s next-generation consumer devices. Additionally, the patent and trademark infringement lawsuit filed by MIPS Technologies last December has been dismissed.

“We are pleased that Trident has selected MIPS Technologies’ cores for its next-generation digital SOC designs,” said John Bourgoin, president and CEO of MIPS Technologies. “Our joint success in resolving our differences quickly avoided costs for both companies. MIPS and Trident are both leaders in the DTV market, and working together, we are quite optimistic about the inroads we can make. We are committed to the success of this new collaboration.”

“Trident is delighted that both companies are focused on mutually beneficial business opportunities,” said Dr. Jung-Herng Chang, president of Trident. “Our engineers are excited to upgrade our core processing to the MIPS family of high-performance microprocessors. As DTVs begin to access broadband media, the demands on embedded CPU computational power will increase. We believe the MIPS architecture and products will help us continue to provide the competitive solutions our customers need to compete effectively in the fast-changing digital era.”

The MIPS32 24KE™ core family leverages the high-performance 24K™ microarchitecture while incorporating the MIPS® DSP Application Specific Extension (ASE). These instructions improve signal processing performance up to 200 percent over a range of embedded applications when compared to RISC implementations without the DSP ASE. The distinguishing feature of the 24KE family is that it provides very efficient DSP capability while significantly reducing overall SoC die area, cost, and power consumption. The 24KE core family is supported by a complete suite of software development tools, the MIPS DSP Library, and a third party DSP applications network. This enables SoC designers to work in a single design environment and lower system costs by migrating DSP functionality onto a 24KE core.

About MIPS Technologies
MIPS Technologies, Inc. (NASDAQ: MIPS) 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 currently owns over 400 patent properties (patents and applications) worldwide, and licenses its intellectual property to today’s leading semiconductor companies, ASIC developers and system OEMs.

Today, MIPS-Based 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.

About Trident Microsystems, Inc.
Trident Microsystems, Inc., with headquarters in Santa Clara, California, designs, develops and markets digital media for the masses in the form of integrated circuits (ICs) for HDTV, LCD TV, PDP TV, DLP TV, and DCRT. Trident's products are sold to a network of OEMs, original design manufacturers and system integrators worldwide. For further information about Trident and its products, please consult the company's web site: http://www.tridentmicro.com .