New MIPS-based Family of Embedded Processors from QuickLogic Expands QuickMIPS FPGA-Enabled Product Offering

Performance, functionality and cost advantages of standard products available with the flexibility of programmable logic

MOUNTAIN VIEW, Calif., May 13, 2003 -- MIPS Technologies, Inc. (Nasdaq: MIPS, MIPSB), a leading provider of processor architectures and cores for digital consumer and business applications, today announced that QuickLogic Corporation, a licensee of its MIPS32™ 4Kc™ core, released three additions to its QuickMIPS™ product family. QuickLogic, the pioneer of ESPs (embedded standard products), has targeted these new embedded processors for communications, storage area networks, and industrial control applications. Key metrics of success in these markets -- quick time-to-market, system-performance, and low-cost -- are addressed by QuickMIPS processors because they enable affordable system customization and performance enhancements.

QuickMIPS combines the processing power of the MIPS32 4Kc core with fully characterized, application-specific functionality, and field programmability on a single device. Based on QuickLogic's patented Vialink metal-to-metal technology, the programmable portion of the device employs highly reliable links to execute connections inside an array. By enabling parallel hardware, software and system development, QuickMIPS provides all the benefits of a single-chip solution increased performance, reduced power consumption and simplicity of design at prices that are comparable to discrete embedded processor plus FPGA implementations.

"The pressure for system designers to quickly deliver differentiated, yet cost-effective, designs to market ahead of competition has never been greater," said Ian Ferguson, vice president and general manager of the QuickMIPS product group. "The performance, I/O peripheral sets, and FPGA fabric sizes of our now expanded, MIPS-based product line mean designers can address these design challenges from a range of single-chip solutions-- at the price/performance points they require."

The QuickMIPS devices (QL902, QL903, QL904) feature a 32-bit, 233 MHz MIPS® CPU core that enables customers to select from a broad range of off-the-shelf software; and a flexible memory controller that supports a variety of external SDRAM, ROM and Flash configurations. A 32-bit PCI v2.2 compatible interface is also included, supporting data rates of up to 66 MHz. Similarly, two 10/100 Ethernet ports increase overall system throughput and provide direct connectivity (through the media independent interface) to a range of networking technologies. For lowest cost applications the QL904 subsets the functionality with only one Ethernet interface and no PCI interface.

"By expanding its QuickMIPS product line, QuickLogic offers a compelling solution for the system designer who needs to differentiate their product with a performance, time-to-market, and cost advantage," said Jack Browne, vice president of worldwide sales for MIPS Technologies. "Because the expanded QuickMIPS roadmap is based on the robust 4Kc core, system designers can also take advantage of the vibrant ecosystem of third party tools, industry standard operation systems and applications available for the MIPS architecture."

About QuickLogic
QuickLogic Corporation (Nasdaq: QUIK) began developing the Embedded Standard Product (ESP) architecture in 1998, an innovation that delivers the guaranteed performance, lower cost of standard semiconductor products, flexibility, and time-to-market benefits of programmable logic. QuickLogic's ViaLink metal-to-metal interconnect technology offers high performance and is the foundation of the company's ESP families as well as our core FPGA products. Founded in 1988, the company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. For more information please visit the QuickLogic web site at www.quicklogic.com

About MIPS Technologies
MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer and business applications. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. The company licenses its intellectual property to semiconductor companies, ASIC developers and system OEMs. MIPS Technologies and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products. The company is based in Mountain View, Calif., and can be reached at +1 (650) 567-5000 or www.mips.com.

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MIPS is a registered trademark in the United States and other countries, and SmartMIPS, MIPS32, 4KSc and 4KSd are trademarks of MIPS Technologies, Inc. The QuickLogic name and logo are registered trademarks and Vialink is a registered mark of QuickLogic Corporation. All other trademarks referred to herein are the property of their respective owners.