Sunplus Licenses MIPS32 24KE Pro Core from MIPS Technologies

Update: Cadence Completes Acquisition of Tensilica (Apr 24, 2013)

Leading Consumer IC Design Company to Develop High Performance, Low-Power Solutions for the Digital Home

MOUNTAIN VIEW, Calif., October 24, 2006 - 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 Sunplus Technology Co., Ltd., has licensed the MIPS32® 24KEc™ Pro core. One of the leading consumer IC companies in the world, Sunplus will initially integrate the high-performance, low-power 24KEC Pro core into SoCs targeting digital home entertainment markets including Digital TVs, set-top boxes, high-end DVD players and DVD recorders. Additionally Sunplus will target personal entertainment devices such as portable media players and handheld products.

"Consumers around the world demand sophisticated features as well as fast and easy access to their content of choice. Our charter is to deliver superior, intuitive designs that accommodate price, power and performance preferences," said Henry Lee, director of technology development at Sunplus Technology. "We've been working with MIPS Technologies since 2003 and this relationship continues to give us the flexibility to design cost-efficient, low-power SoCs with superior price performance - and that's critical to both Sunplus and our customers."

"We're excited to expand our relationship with Sunplus as they extend their prominence throughout the digital home," said Brad Holtzinger, vice president of worldwide sales at MIPS Technologies. "Our combined expertise enables OEMs to maintain their competitive edge by bringing superior products to market in record time."

About the MIPS32® 24K® and 24KE™ Core Families
The MIPS32 24K and 24KE core families offer performance of 660 MHz in a 90 nanometer G process, while minimizing design time and reducing product costs. These processor cores are suited to embedded consumer applications such as digital and interactive TVs, set-top boxes and DVD players. The 24KE cores integrate the MIPS® DSP Application-Specific Extension (ASE), providing up to 3x the signal processing performance over a range of embedded applications, when compared to RISC implementations without the DSP ASE. Leveraging the CorExtend™ capability of MIPS Technologies' Pro Series of cores, development teams can add their own instructions and functionality to their MIPS-Based™ SoCs, lowering development costs and accelerating their time-to-market.

About Sunplus
Sunplus Technology Company Limited, established in 1990, is an IC design company devoted to electrical consumer applications. Sunplus offers not only IC design but also system solutions to maximize customer's profit by differentiating each design. Sunplus' reusable IP such as audio/video, microprocessor and digital signal processor technologies applied to hundreds of IC products such as DVD player/recorder, LCD driver/controller, game processor, camera controller, mobile media processor and ASICs that contributed to our quality life. With sales of NT$18,781 million for 2005, Sunplus has a compound annual growth rate of over 30% over 5 years. For more information, please visit the Sunplus website: www.sunplus.com.

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 licenses its intellectual property (IP) 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.