Axis Communications Taps MIPS Technologies' Processor IP for New Network Surveillance Cameras

Light-Sensitive AXIS Q1602/-E Network Cameras Leverage MIPS® Multi-threaded Technology

SUNNYVALE, Calif. - November 21, 2011- MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications, announced today that Axis Communications, the market leader in network video, leveraged the multi-threaded MIPS32® 34Kc processor cores for a new line of network video cameras. The new AXIS Q1602/-E indoor/outdoor cameras with Axis' unique Lightfinder technology are designed for video surveillance in low-light conditions. 

"Our new AXIS Q1602 network cameras represent a revolutionary development in video surveillance. With ultra-sensitivity to low light, the cameras can effectively 'see' in the dark. We were able to accomplish this innovation through our chip development expertise, image processing knowledge base and choice of integrated technologies including MIPS processors. MIPS' multi-threading technology provides superb performance efficiency for this new generation of cameras," said Erik Frännlid, director of product management, Axis Communications. 

According to a recent report from IMS Research, the world market for video surveillance equipment continued to achieve strong growth in 2010, in excess of 10% over the previous year. According to the firm, this growth was predominantly driven by sales of network video surveillance equipment, which continues to be bolstered by government stimulus-funded projects and the increasing penetration of higher-value network video surveillance products. 

The indoor AXIS Q1602 and the outdoor-ready AXIS Q1602-E can deliver multiple, individually configurable H.264 and Motion JPEG video streams simultaneously. The cameras' other features include day and night functionality, varifocal lens, remote back focus and support for two-way audio. The outdoor-ready camera is also designed to operate in extreme low temperatures and has protection against dust, rain, snow and sunlight. 

"We are pleased that Axis chose to leverage MIPS processors in these innovative network cameras that can enhance security in low-light environments. Companies select MIPS' multi-threading technology for applications across a wide range of markets because of the performance efficiency and cost savings it can provide," said Gideon Intrater, vice president of marketing, MIPS Technologies. 

The new AXIS Q1602/-E indoor/outdoor cameras are available now. For more information, visit www.axis.com.

About the MIPS32 34K® Core Family

The MIPS32 34K core family is a revolutionary implementation of the MIPS MT Application-Specific Extension (ASE) designed to exploit multi-threading in embedded applications. Processing multiple software threads in parallel, 34K cores mask the effect of memory latency to deliver instant 20-40% gains in system performance and cost savings, with a very modest increase in die size. The 34K core family also meets the real-time requirements of embedded applications by giving users the ability to allocate dedicated processing bandwidth to real-time tasks.

About Axis Communications

Axis is an IT company offering network video solutions for professional installations. The company is the global market leader in network video, driving the ongoing shift from analog to digital video surveillance. Axis products and solutions focus on security surveillance and remote monitoring, and are based on innovative, open technology platforms. Axis is a Swedish-based company, operating worldwide with offices in more than 20 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the NASDAQ OMX Stockholm, under the ticker AXIS. For more information about Axis, please visit our website at www.axis.com.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications. The MIPS architecture powers some of the world's most popular products, 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 Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.