Genesis Microchip Takes License for MIPS Technologies’ MIPS32 4KEc Core

MOUNTAIN VIEW and SAN JOSE, Calif., December 9, 2003 - MIPS Technologies, Inc. (Nasdaq: MIPS) and Genesis Microchip, a world leader in the development of image processing technologies, today announced that Genesis Microchip has taken a license for the MIPS32™ 4KEc™ core for use in its digital TV applications.

The 4KE family of processor cores delivers more than 1.35 Dhrystone MIPS/MHz of performance and provides many configurable options that allow designers to optimize the core for their applications. The result is lower overall system cost enabled by increased performance, and reduced die size and power consumption. The 4KEc core is designed for use in cost-sensitive digital consumer applications and contains a memory management unit for supporting multi-processing operating systems.

"The 4KEc core from MIPS Technologies offers a high performance applications processor that matches the overall system-performance of our Digital TV processors," said Anders Frisk, executive vice president of Genesis Microchip.

"The MIPS architecture is recognized as the architecture of choice for performance-driven applications and we are pleased that Genesis Microchip has chosen to license the MIPS32 4KEc core for its digital TV solutions," said Jack Browne, vice president of worldwide sales at MIPS Technologies. "We look forward to their continued success in this high-growth market."

About Genesis Microchip
Genesis Microchip Inc. (Nasdaq: GNSS) is a leading provider of image processing systems enabling superior picture quality for a variety of consumer and PC-display products. Featuring Genesis Display Perfection™ technologies and Emmy-award winning Faroudja® video technology, Genesis system-on-a-chip solutions are used worldwide by display manufacturers to produce visibly better images across a broad set of devices including flat panel displays, digital TVs, projectors and DVD players/recorders. The Genesis technology portfolio features analog and mixed signal System-on-a-chip design, DCDi® by Faroudja deinterlacing, TrueLife™ video enhancement and IntelliComb™ video decoding and includes over 135 patents. Founded in 1987, Genesis supports its leading brand-name customers with offices in the U.S., Canada, India, Taiwan, Korea, China and Japan.

For more information about Genesis Microchip Inc. or Genesis Display Perfection™ technologies, please visit www.genesis-microchip.com.

About MIPS Technologies
MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer and business applications. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. The company licenses its intellectual property to semiconductor companies, ASIC developers and system OEMs. MIPS Technologies and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products. The company is based in Mountain View, Calif., and can be reached at +1 (650) 567-5000 or www.mips.com.