Magima Licenses the MIPS32 4Kc Core for its STB/DTV Products

Addition of Latest China Licensee Extends MIPS Technologies’ Reach into a Fast-growing DTV Market

MOUNTAIN VIEW, CA, and SHANGHAI, CHINA, April 11, 2005 - MIPS Technologies, Inc., (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, and Magima Corporation, a provider of embedded designs for the Chinese market, today announced that Magima has licensed the MIPS32® 4Kc® SMIC 0.18 hard core to develop its SoC solution for Set-Top-Box (STB) and digital television (DTV) projects. This agreement further extends MIPS Technologies' reach into a rapidly expanding STB/DTV market in China.

"We established Magima in Shanghai in 1998, and we're pleased that MIPS Technologies has also committed itself to the Chinese market with the establishment of its R&D Center here," said Jen-Chung Chou, Magima's President and CEO. "We strongly believe that the highly regarded MIPS architecture is the best processor solution for Chinese STB/DTV and we're energized at the prospect of working closely together."

"This relationship is an exciting one for both companies," said Jack Browne, MIPS Technologies' Vice President Worldwide Sales. "Magima is an innovative company, adopting advanced technologies such as video/audio decoding and OCP in support of its STB/DTV products. Leveraging our performance, price and power advantage with Magima's established local presence and embedded system expertise will result in the future-proof solution our customers need to compete and succeed in this unique environment."

About the MIPS32 4Kc SMIC 0.18 Hard Core
The MIPS32 4Kc SMIC 0.18 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 http://www.mips.com.

About Magima
Magima is an IC design company founded by Overseas Chinese investors in 1998 and headquartered in the Shanghai Pudong Zhang Jiang High Technology Park. Magima focuses on embedded System on Chip (SoC) design and technology development to serve the ODM system house with low cost, high performance SoC solutions.

For more information about Magima check their web site at www.magima.com.