Shenzhen Integrated Circuit Design Industrial Center Licenses Low-Power Cores from MIPS Technologies

Processor Cores Expand IP Portfolio for China IC Design Industry Base

MOUNTAIN VIEW, Calif. --, Sept. 30, 2008 -- MIPS Technologies, Inc. (Nasdaq: MIPS - News), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced that Shenzhen Integrated Circuit Design Industrial Center has licensed its low-power MIPS32® M4K® and MIPS32® 4Kc(TM) processor cores for next generation IC designs. The agreement provides Chinese IC design firms with access to some of the industry's most cost-effective, low-power cores, along with the broad ecosystem of tools, software and services that support the industry standard MIPS® architecture.

"We are focused on expanding our silicon intellectual property (IP) portfolio with the most popular IP to assist IC designers in China in designing successful SoCs for their customers," said Shengming Zhou, director of Shenzhen Integrated Circuit Design Industrial Center. "We believe that IP reuse is critical to furthering the IC design industry in China, and are pleased to engage with MIPS Technologies for its trusted and proven technology. With a great balance of power, performance and price, the MIPS cores are applicable for a wide variety of next-generation embedded designs and microcontroller-based applications."

"We are pleased that Shenzhen Integrated Circuit Design Industrial Center has licensed MIPS cores as part of its silicon IP portfolio for China's SoC designers," said Brad Holtzinger, vice president of worldwide sales at MIPS Technologies. "The Center and others like it are clearly an important resource for growing China's IC design industry. We look forward to providing MIPS Technologies' cores to enable the Center's partners and customers to bring differentiated products to market on-time at the lowest possible cost."

MIPS32® 4K® cores -- successfully implemented in hundreds of SoC designs -- are designed for SoC applications that require an easy-to-use and cost-efficient embedded processor. The M4K core sets a new standard for 32-bit cores targeted for embedded designs and microcontroller applications. It features high frequency, small die area and very low power consumption.

About Shenzhen Integrated Circuit Design Industrial Center

One of seven IC design industry bases supported by the Chinese Ministry of Science and Technology, Shenzhen Integrated Circuit Design Industrial Center offers tools, resources and services to encourage and support local chip design enterprises in design and product innovation. The Center helps small and medium-sized enterprises with product development, company incubation, and personnel support to lower barriers to market entry. By providing key electronic design technologies, intellectual property, tools, design consulting and chip design services, as well as establishing strategic alliances and technical partnerships, the Center is contributing to the development of the local IC design industry and growth of China's economy. For more information, visit http://www.szicc.net.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets -- including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com.