Mobileye Licenses MIPS Technologies' Multi-threading MIPS32 34Kf Core for Next-Generation Driver Assistance SoC

MIPS-Based™ EyeQ-2™ will Debut in 2008-Model-Year Production Vehicles

MOUNTAIN VIEW, CA, and JERUSALEM, ISRAEL, February 6, 2006 - MIPS Technologies, Inc. (NASDAQ: MIPS) announced today that Mobileye N.V., a global leader in driver assistance and safety systems for the automotive industry, has licensed the newly announced MIPS32® 34Kf™ core for its next-generation SoC, EyeQ-2™. The current version, EyeQ-1™, has been adopted by several top-tier suppliers and car manufacturers in Europe, the US and Japan, for installation in 2007-model-year production vehicles. EyeQ-1 will make its debut in the AWSTM after-market driver assistance products in March, 2006.

Featuring lane-departure warning, forward-collision warning and vision/radar fusion for active safety, EyeQ-1 combines high performance and low cost in a technology aimed at revolutionizing the mass implementation of driver assistance systems. EyeQ-2 will add pedestrian detection capabilities to its extensive feature list and will debut in late 2008 models.

The MIPS32 34K™ family of cores, a revolutionary multi-threading solution for high performance, cost-sensitive embedded applications was introduced today (see separate release, 2/06/06, "New Multi-threading Solution from MIPS Technologies Delivers Significant Gains in System Performance for the Embedded Market"). Single-threaded microprocessors today waste many cycles while accessing memory, considerably limiting system performance. The 34K cores are designed to mask the effect of memory latency by increasing processor utilization. As one thread stalls for memory, additional threads are fed into the pipeline, resulting in a significant gain in application throughput. Internal benchmarks indicate that the 34Kc™ core running two threads achieved a 60% speedup over a single-threaded processor with only a 14% increase in die size.

Additionally, the 34K core family delivers superior real-time responsiveness for embedded applications. Users can allocate dedicated processing bandwidth to real-time tasks resulting in a guaranteed Quality of Service (QoS). This mechanism constantly monitors the progress of threads and dynamically takes corrective actions to meet or exceed the real-time requirements.

"Critical to the design of our second generation EyeQ-2 SoC was application performance, proven reliability and guaranteed real-time response," said Elchanan Rushinek, vice president of engineering at Mobileye. "After evaluating competitive offerings, it was clear the value proposition of the 34K cores' multi-threading capability was the superior solution."

"We're delighted that Mobileye, after rigorous evaluation against a competing architecture's multi-core solution, selected the 34Kf core for its next-generation SoC design," said Brad Holtzinger, vice president of sales for MIPS Technologies. "With this new multi-threading technology, the EyeQ-2 driver assistance design will benefit from increased system efficiency and lower development costs."

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, CA, and can be reached at +1 (650) 567-5000 or www.mips.com.

About Mobileye N.V.
Founded in 1999, Mobileye is a world leader in the development of vision-based applications for driver assistance and safety systems for the automotive industry. Mobileye's core technologies include detection of all types of licensed vehicles (cars, trucks, motorcycles, etc) as well as pedestrian detection, detection of lane markings and road geometry estimation and a number of additional support applications. A full vision system for driver assistance applications consists of the EyeQ processing unit and a single (monocular) camera sensor, off-chip memory and DC to DC power supply.

Mobileye N.V. is headquartered in the Netherlands with an R&D staff of 135 employees located in Jerusalem, Israel and can be reached at +972 2 541-7384 or www.mobileye.com.