LSI Logic Licenses Highest Performance MIPS32 24K Processor Core Family From MIPS Technologies

Newest Synthesizable Core Family from MIPS Technologies to be Offered in LSI Logic’s Extensive CoreWare® IP Portfolio

MOUNTAIN VIEW and MILPITAS, Calif., Jan. 20, 2004 - MIPS Technologies, Inc. (Nasdaq: MIPS) and LSI Logic Corporation (NYSE: LSI) today announced that LSI Logic has become the first system-on-a-chip (SoC) provider to license the new MIPS32™ 24K™ family, the industry's highest performance line of licensable synthesizable cores. The new MIPS-Based™ cores extend LSI Logic's strengths in the office automation (laser and high-end ink jet printers and copiers), networking, storage, and consumer (DVD) markets. LSI Logic will implement the new cores in its advanced G90™ 90nm and Gflx™ 110nm standard cell based ASIC product as well as in its RapidChip™ Platform ASIC product line.

To date LSI Logic has licensed a number of products from MIPS Technologies including the MIPS32 and MIPS64® instruction set architectures and processor cores from the 4KE™ and 5K™ core families. This latest agreement builds upon this strong relationship and will provide LSI Logic's ASIC customers with the highest performance synthesizable processor core for their next generation applications. LSI Logic is one of the highest volume suppliers of MIPS-Based SoCs, shipping products to leading customers in applications such as consumer video games, printing, networking and storage.

"The MIPS architecture is well recognized by OEMs in high growth markets such as high-end ink jet and laser printers, color copiers and other consumer products as the processor architecture of choice," said Rafi Kedem, senior director of CoreWare Technology Group at LSI Logic. "LSI Logic will continue to be a driver in these markets and others by working with industry-leaders such as MIPS Technologies to provide the highest-performance and cost-effective embedded processor cores."

"As one of our premier licensees, LSI Logic is ensuring that its ASIC and ASSP portfolios have the highest performance synthesizable processors with the addition of the 24K core family," said Jack Browne, vice president of worldwide sales for MIPS Technologies. "We are very excited that LSI Logic is the first SoC provider to adopt our latest product line."

About the High Performance 24K Core Family
With operating performance ranging from 400 to 550 MHz (worst case) in a 0.13-micron process, the 24K core family's features include hardware floating point support for the IEEE 754 standard, a 32x32 integer multiplier and configurable MMU with TLB or fixed mapping. The 24K Pro™ core includes MIPS Technologies' CorExtend™ capability that enables designers to add their application-specific instructions while maintaining full compliance with the MIPS32 architecture. 24K core customers also have access to the latest version of MIPS Technologies' SOC-it™ system controller that is optimized for the industry-standard OCP on-chip interconnect. The SOC-it system architecture also provides an integrated high performance memory controller (SDR and DDR) and bridging solutions to other bus standards.

The 24K core family is attracting support from a wide range of leading third party companies such as Green Hills Software, Mentor Graphics, Microsoft, Monta Vista and Wind River Systems. The product family is targeted at achieving superior performance and power efficiency while utilizing industry-standard processes and libraries. MIPS Technologies is strategically partnered with Cadence and Synopsys to deliver proven design flows and with Virage Logic to incorporate embedded memory technology.

Availability
MIPS32 24K cores are available to lead customers now and will be generally available for licensing in early 2004.

About LSI Logic Corporation
LSI Logic Corporation (NYSE: LSI) is a leading designer and manufacturer of communications, consumer and storage semiconductors for applications that access, interconnect and store data, voice and video. In addition, the company supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1621 Barber Lane, Milpitas, CA 95035, http://www.lsilogic.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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