MIPS Technologies Licenses Highest-Performance 32-Bit Core to TZero

TZero Using MIPS32® 24Kc™ Processor Core in Next-Generation Ultra Wideband Chipset

MOUNTAIN VIEW, Calif., Nov. 9, 2004 - MIPS Technologies, Inc. (Nasdaq: MIPS) announced today that TZero Technologies, Inc., a developer of ultra wideband (UWB) chipsets and solutions, took a license for the MIPS32® 24Kc™ processor core, the embedded industry's highest-performance 32-bit synthesizable core, delivering 400-625 MHz and 567-900 Dhrystone 2.1 MIPS in TSMC 0.13-micron processes.

TZero is using the 24Kc core in its flagship product, a CMOS UWB chipset designed to deliver long-range and highly reliable broadband wireless connectivity for consumer electronics, mobile and networked devices.

High-bandwidth, low-power, low-cost UWB technology is considered a primary enabler for the next generation of wireless connectivity, giving users the freedom and convenience of wireless communications among devices throughout the home and office. The 24Kc core, which became available earlier this year and is now being used by leading semiconductor companies for a broad range of consumer, networking and office automation applications, is ideal for high-performance, low-power, cost-sensitive applications such as UWB.

"Broadband wireless delivery of high-quality multimedia throughout the home or on the road demands a solution that offers significantly higher performance and security, along with low power consumption and low system cost," said Rajeev Krishnamoorthy, founder and CEO of TZero. "By choosing MIPS Technologies, we have a fast, small, flexible core that gives us the superior performance, power efficiency and development tools we need to meet our design goals and quickly deliver to market a highly competitive UWB solution."

"TZero's management team brings considerable industry expertise to the burgeoning UWB market. Their new chipset, together with our highest-performance 32-bit core, promises to bring users one step closer to a wireless world, with a fast, reliable, cost-efficient solution for connecting mobile devices, consumer electronics and personal computers," said Jack Browne, vice president of worldwide sales at MIPS Technologies. "We are delighted to welcome them to the MIPS community."

About the MIPS32 24K Family
The MIPS32 24K core family is targeted at high-volume applications such as broadband access, wireless, networking, digital television and office automation. It includes the 24Kc, 24Kc Pro, 24Kf and 24Kf Pro versions. The 24K cores, which are synthesizable, can be targeted by customers at various process nodes: in TSMC's 0.13G process they will exceed 400 MHz, and in the high-performance 0.13 LV-OD low-K process, they will exceed 625 MHz, the highest frequency available in a 32-bit synthesizable core for embedded markets. Designers have the flexibility to optimize for speed, area or power to obtain 2.8mm2 core-only size, 0.58 mW/MHz, or up to 900 Dhrystone MIPS performance. The 24K family offers Java™ performance of 5000 Embedded CaffeineMark 3.0 at 625 MHz, the highest known Java performance in the SOC industry. It also offers, in the 24Kf core, an integrated, high-performance IEEE 754-compliant floating point unit previously found in the MIPS64® 20Kc™ and 5Kf™ cores, which has a certified EEMBC Basic floating-point score of more than 1300 Iterations/MHz.

Tailored SOC design methodologies from Cadence, Magma and Synopsys, an OCP interconnect structure, and standard libraries and on-chip memories from leading companies help speed time-to-market. MIPS16e™ code compression technology reduces memory requirements, providing significant savings in overall system cost.

About TZero Technologies
TZero Technologies, Inc. develops ultra wideband (UWB) chipsets and solutions. TZero's forthcoming high-performance CMOS chipsets will deliver long-range and highly reliable broadband wireless connectivity for consumer electronics, mobile and networked devices. With 30 employees based in Silicon Valley, TZero's management team is comprised of industry veterans with proven experience in bringing to market innovative woreless and broadband communication chipsets and solutions. For more information, visit www.tzti.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.