Agreement Extends Development and Commercialization of MIPS-Based™ Loongson Processors for Continued Market GrowthSUNNYVALE, Calif. - June 15, 2009
- MIPS Technologies, Inc. (NasdaqGS: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, communications, networking and portable multimedia markets, today announced that The Institute of Computing Technology (ICT) of the Chinese Academy of Sciences has licensed the MIPS32® and MIPS64® architectures to further development and commercialization of its Loongson family of processors. In 2007, MIPS licensee STMicroelectronics chose the MIPS64® architecture to support ICT's Loongson processor R&D. Today's announcement marks the first direct license of the MIPS® architectures by ICT.
"We are very pleased to solidify our relationship with MIPS Technologies as we continue to drive technology innovation and adoption throughout China," said Li Guojie, director, ICT. "The industry-standard MIPS architectures will allow us to design chips for a host of highly secure and efficient devices for government applications. We also see vast potential for economical microprocessors that target the high-growth Linux-based netbook and consumer PC markets for individuals, schools and small businesses across our country."
"This is an exciting time for MIPS Technologies in China. Our presence and commitment continue to develop here as we add more design wins and assist in training design engineers and software developers on the MIPS architecture," said John Bourgoin, president and CEO, MIPS Technologies. "We are delighted to announce this alliance with ICT to further proliferate MIPS-Based technology throughout China, and look forward to working together to deliver cutting-edge products that meet the demands of this rapidly growing market."About ICT
The Institute of Computing Technology (ICT) of the Chinese Academy of Sciences was established in 1956. It was the first academic institution to specialize in comprehensive research into computer science and technology in China. ICT is one of the first pilot institutes for the "Knowledge Innovation Program" in the Chinese Academy of Sciences. ICT also focuses on next generation network infrastructure and digital content processing, carrying out in-depth research into mobile internet, trusted networks and systems, broadband mobile communications, sensor networks, digital media, human-computer interactions, virtual reality, and multimedia terminals. ICT also conducts research on theories, algorithms and technology for information security, information retrieval, grid computing, and intelligent information processing. For more information, visit www.ict.ac.cn
.About MIPS Technologies, Inc.
MIPS Technologies, Inc. (NasdaqGS: MIPS) is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. These include 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 Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com