MIPS Technologies Joins the Multicore Association to Drive Standards for Next-Generation Embedded Designs

MOUNTAIN VIEW, Calif. - November 27, 2007 - MIPS Technologies, Inc., (NASDAQ: MIPS), a leading provider of industry-standard architectures, processor cores and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced it has joined the Multicore Association, a global non-profit organization developing standards to help speed time-to-market for products that feature multi-core implementations.

MIPS Technologies has extensive experience in multi-processing, with the MIPS^® architecture being widely used in multi-core systems ranging from deeply embedded, low-power applications to massively parallel supercomputers. As developers increasingly turn to multi-core implementations to either boost performance or decrease power consumption, there is a growing requirement for software interface and tool standards.

According to industry analyst firm Venture Development Corporation (VDC), revenue growth of the market for multi-core CPUs in embedded applications is projected to be strong through 2011. VDC projects 2007 revenues to be $372 million, and estimates 2011 revenues will be more than six times that amount. The firm says that revenues will surpass the billion dollar mark as early as 2009.

"Our customers have long been successful in both homogenous and heterogeneous multi-core implementations, and we will continue to support the configurations that best suit their design parameters and applications," said Jack Browne, vice president of marketing for MIPS Technologies. "Standards, like those proposed by the Multicore Association, are essential for the future development and progression of the SoC market. Standards-based communication and debug will help ease the transition to the software models needed for next-generation multi-core designs."

"As a leading provider of processor architectures and cores for the embedded industry, we're very pleased to welcome MIPS Technologies to the Multicore Association," said Markus Levy, Multicore Association president. "MIPS Technologies' renowned leadership in the embedded market as well as its commitment to multi-processing systems will be invaluable in helping us define future standards for multi-core communication, resource and task management, and debug."

About The Multicore Association

The Multicore Association provides a neutral forum for vendors who are interested in, working with, and/or proliferating multicore-related products, including processors, infrastructure, devices, software, and applications. Currently, the organization is set up with three working groups: Communications API (CAPI), Debug API, and Transparent Inter Process Communication (TIPC) protocol. Members include ARC International, Codeplay, Enea, eSOL, Freescale Semiconductor, Imperas, Intel, Mentor Graphics, MIPS Technologies, NEC Electronics America, Nokia Siemens Networks, PolyCore Software, QNX, Texas Instruments, Tilera, the University of York, and Wind River. Further information is available at www.multicore-association.org.

About MIPS Technologies

MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard architectures, processor cores and analog IP 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 more than 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^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.

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