MIPS Technologies licenses Toshiba Corporation products for high-growth automative and digital consumer embedded markets

MIPS TECHNOLOGIES LICENSES TOSHIBA CORPORATION
PRODUCTS FOR HIGH-GROWTH AUTOMOTIVE AND DIGITAL CONSUMER EMBEDDED MARKETS

Toshiba Expands its MIPS-based' Portfolio to Include New Cores
To Meet Embedded Customers? SoC Needs

TOKYO, Japan, February 14, 2001 MIPS Technologies, Inc., (NASDAQ: MIPS, MIPSB), a leading provider of industry standard processor architectures and cores for digital consumer and network applications, today announced that it has licensed 32-bit processor technologies to Toshiba Corporation for its use in developing innovative solutions for the digital consumer and automotive embedded processor markets.

Toshiba has licensed the MIPS32? 4Kc? core and taken a MIPS32? instruction set architecture (ISA) license upon which Toshiba will develop a new TX19 series of products, offering Toshiba?s CISC customers a migration path from 16-bit CISC to a 32-bit RISC environment.

Toshiba will target high-performance digital consumer applications, such as digital still cameras, digital video cameras, digital video devices and CD-ROM drives. Target applications in the automotive market include engine controls that improve performance and efficiency, air bag controls to ensure the highest levels of passenger safety and other automotive body electronics controls.

MIPS Technologies and Toshiba have been providing system solutions based on the MIPS® architecture in various embedded applications for more than 10 years. These latest licensing agreements represent a significant opportunity for Toshiba to increase its market share in large volume embedded markets.

?Toshiba already has an extensive technology licensing agreement for MIPS Technologies? market leading 64-bit processor technology,? said Brian Knowles, MIPS Technologies? vice-president of marketing. ?These
new agreements broaden the relationship providing Toshiba with synthesizable solutions that feature
complete compatibility with the MIPS32 architecture and the full spectrum of software and development tools that go along with it.?

To help solve the memory shortage problems for deeply embedded applications requiring large memory to support advanced features, MIPS Technologies has enhanced the code compression features of its MIPS16? architecture.

Currently, many OEMs are using 8- and 16-bit CISC microcontrollers. However, with growing demands on processors for higher performance at low power consumption, OEMs need a migration path to 32-bit processor technology. The new MIPS-based TX19 series will provide a 32-bit solution as the first step on this path, along with other processors Toshiba will develop using its MIPS Technologies architecture license.

?Toshiba and MIPS Technologies have a strong history of collaboration in the development of 32- and 64-bit high-performance processor solutions,? said Toshinori Moriyasu, general manager of the Microprocessor Division at Toshiba Corporation Semiconductor Company. ?By licensing the MIPS32 4Kc core and the MIPS32 architecture, Toshiba has the flexibility to develop a range of processors across the 32-bit spectrum, while knowing they will be fully supported by the rich ecosystem of tools and software that support MIPS Technologies? products.?

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer and network 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, Inc. and its licensees offer the widest range of robust, scaleable processors in standard, custom, semi-custom and application-specific products.

Licensees currently include: Alchemy Semiconductor, Inc., Altera Corporation, ATI Technologies, Inc., Atmel Corporation, Broadcom Corporation, Centillium Communications, Inc., Chartered Semiconductor Manufacturing, Ltd., Conexant Systems, Inc., empowerTel Networks, Inc. (formerly known as Lara Technology, Inc.), ESS Technology, Inc., Gemplus International S.A., Integrated Device Technology, Inc. (IDT), inSilicon Corporation, Integrated Telecom Express, Inc. (ITeX), LSI Logic Corporation, Macronix America, Inc., Metalink, Ltd., Micron Technology, Inc., General Instrument Corporation (acquired by Motorola, Inc.), NEC Corporation, NeoMagic Corporation, NKK Corporation, Palmchip Corporation, Philips Semiconductors International B.V., Quantum Effect Devices, Inc. (acquired by PMC-Sierra, Inc.), QuickLogic Corporation, Sandcraft, Inc., SiByte, Inc. (acquired by Broadcom Corporation), Sony Corporation, Synova, Inc., Taiwan Semiconductor Manufacturing Company, TeraLogic, Inc., Texas Instruments Incorporated, Toshiba Corporation and Excess Bandwidth Corporation (acquired by Virata Corporation). Numerous companies utilize MIPS-based intellectual property. MIPS Technologies, Inc. is based in Mountain View, Calif., and can be reached at (650) 567-5000 or www.mips.com.

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MIPS® is a registered trademark, and MIPS-based?, MIPS16?, MIPS32? and 4Kc? are trademarks of MIPS Technologies, Inc. All other trademarks are the property of their respective companies.

MIPS Technologies media contacts:

MIPS Technologies, Inc.
Lee Garvin Flanagin
(650) 567-5180
Flanagin@mips.com

Toshiba media contact:

Toshiba Corporation Semiconductor Company
(Toshiba) Microprocessor Division
Sales & Marketing Dept.
Yoichi Miyazaki
+81-(3) 3457-3491
yoichi1.miyazaki@toshiba.co.jp