MIPS Technologies Teams with Leading Providers of Multimedia and Gaming Solutions to Enable Multi-screen Consumer Experience

• Delivering Advanced Multimedia Sharing Between Consumer Devices with PacketVideo
• Bringing Real-time, Multi-screen Gaming to Android™ Platform with TransGaming

INTERNATIONAL CES, LAS VEGAS, Nev. - January 9, 2012- MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications, announced that it is teaming with leading providers of multimedia and interactive entertainment solutions to enable an advanced multi-screen consumer experience on MIPS-Based platforms. MIPS is working with TransGaming Inc. (TSX-V:TNG), the global leader in the multiplatform deployment of interactive entertainment, to bring real-time, multi-screen gaming to Android digital home and mobile platforms. Separately, MIPS Technologies and PacketVideo are collaborating to deliver advanced multimedia sharing between consumer devices. Both solutions will be demonstrated during International CES, being held January 10 - 14, 2012.

"As the leader in processors for the digital home including DTVs and set-top boxes, with a growing presence in mobile, it is important to MIPS that we deliver the next-generation solutions that will enable our licensees to offer an advanced consumer experience. Today's consumer devices are "connected," but the next generation of devices will go beyond that to be fully integrated and interconnected. PacketVideo and TransGaming both supply innovative solutions that deliver on this vision," said Gideon Intrater, vice president of marketing, MIPS Technologies.

MIPS and PacketVideo Collaborate on Advanced Multimedia Sharing

MIPS and PacketVideo are collaborating to bring PacketVideo's award-winning Twonky suite of products to the MIPS® architecture. Twonky is a family of software and applications for PCs and mobile devices that finds all of the media collections in a household and shares them across all of the home's internet-connected devices, including computers and DTVs. Similar approaches are hampered by the wide array of device types and media formats, especially video formats. Often, a device is unable to play a certain type of file, but this isn't clear until a consumer attempts to play the file and receives a disappointing error message.

Twonky goes beyond traditional approaches, adding intelligence so that devices will only "see" compatible files. In addition, MIPS-Based digital home platforms with transcoding capability can seamlessly translate virtually any file into a format that is compatible with the client device, enabling consumers to experience any available content. MIPS will provide a demonstration at CES that will feature the Twonky server with transcoding capability and the Twonky client running on a MIPS-Based Android tablet, showing seamless delivery of content and access to online services across multiple screens. 

"Since MIPS processors are so prolific across the digital home, there is a huge synergy between our solutions. We were already working with multiple MIPS licensees to bring Twonky to their platforms, so it just made sense for us to work directly with the folks at MIPS. PacketVideo and MIPS share a vision of delivering a seamless content-centric experience to consumers. With MIPS, we can offer consumer-friendly content sharing between a wide range of devices," said Osama AlShaykh, chief technology officer, PacketVideo. 

MIPS and TransGaming Bring Multi-screen Gaming to Android

MIPS and TransGaming are bringing real-time, multi-screen gaming to MIPS-Based Android devices. At CES, MIPS will demonstrate GameTree TV, a premier on-demand video game platform for Smart TV, on a MIPS-Based set-top box (STB) platform. GameTree TV features a broad catalog of games that are delivered from the cloud directly into the living room. The demonstration will include a multi-screen, multi-device interactive game leveraging the MIPS-Based STB platform running the GameTree TV platform and a MIPS-Based Android tablet acting as a secondary screen and game play interface. 

"We are expanding our GameTree TV platform to include support for the breadth of MIPS-Based devices. GameTree TV delivers captivating on-demand gaming content directly to a set-top box, without the need for additional equipment. Since MIPS is the worldwide leader in set-top box processors, we are working closely with them to enable their numerous licensees to leverage our solution. The multi-screen experiences we are delivering represent the future of gaming, and enhance the living room social experience. MIPS licensees who leverage our solution are clearly at the front of the curve in delivering the consumer entertainment experience of the future," said Blake Lewin, president, TransGaming's Digital Home Division. 

Demonstrations at International CES

MIPS Technologies will demonstrate the PacketVideo and TransGaming solutions in its suite at International CES. Other demonstrations in the MIPS suite will include: 

• Gameloft's cutting-edge video games running on new MIPS-Based tablets
• New 1GHz MIPS-Based mobile devices
• Android 4.0 "Ice Cream Sandwich" on MIPS-Based products
• The latest in web technologies-HTML5-for the TV
• HD videoconferencing on TV with Skype
• Services gateways for next-generation video delivery, home monitoring and service enablement via an OSGI framework
• Numerous other MIPS-Based digital home, networking and mobile products 

To schedule an appointment, contact info@mips.com. To visit the MIPS Technologies Media Center for CES, visit www.mips.com/2012CES_media. 

About TransGaming Inc.

TransGaming Inc. (TSX-V: TNG), is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada, with offices in Ottawa and Atlanta. To learn more about TransGaming visit http://www.transgaming.com. 

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications. The MIPS architecture powers some of the world's most popular products, including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.