Huaya Microelectronics Ltd Licenses MIPS Processor for Its DTV Products

MIPS32® 4Kc® Core to Power Innovative Chinese Digital Television SoCs

MOUNTAIN VIEW, CA, and SHANGHAI, CHINA, March 16, 2005 - MIPS Technologies, Inc., (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, and Huaya Microelectronics, Limited, a world-class provider of custom chips for video solutions, today announced that HuayaMicro has licensed the MIPS32® 4Kc® SMIC .18 hard core to develop innovative digital television (DTV) products for the China market.

"The MIPS architecture is well known and respected in China," said Biao Zhang, HuayaMicro's CEO. "We strongly believe that it is the best processor solution for Chinese DTV. Now that MIPS Technologies has demonstrated its commitment to the China market by opening an R&D Center in Shanghai, we are fully confident that, by collaborating with MIPS Technologies, HuayaMicro can deliver world-class DTV products to our customers in a timely and cost-effective manner."

"We're very happy to be working with HuayaMicro," said Jack Browne, MIPS Technologies' Vice President, Worldwide Sales. "Their noise reduction, de-interlacing and video quality enhancement products are outstanding. The MIPS Technologies advantage of performance, power and price, coupled with our rich DTV software infrastructure, will help HuayaMicro rapidly deliver DTV products that can succeed in this growing and increasingly competitive global market."

About the MIPS32 4Kc SMIC .18 Hard Core
The MIPS32 4Kc SMIC .18 micron hard core gives designers more performance and greater flexibility to achieve higher system throughput while controlling silicon cost. The flexibility and re-programmability enables upgrades in software as protocol specifications or market requirements evolve. With a worst case frequency of 190MHz and a die area of 3.42 square millimeters, the 4Kc SMIC .18 hard core offers a tremendous price-performance advantage to SoC designers.

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 at http://www.mips.com.

About Huaya Microelectronics
Huaya Microelectronics, Limited (HuayaMicro) is a world-class provider of chips for video solutions. Its integrated circuits (ICs) and system solutions are used in a wide range of products, from set-top boxes (STBs) to displays ranging from portable to large, high-definition TV screens. HuayaMicro's senior management has over 100 years combined experience in the display industry, including IC design, system solutions, technical support and business development. A fabless semiconductor company headquartered in Shanghai, HuayaMicro has offices in Nanjing, Shenzhen and San Jose, CA. To learn more about HuayaMicro, visit their web site at www.huayamicro.com.