Chipidea Appoints European IT Veteran as Chief Financial Officer

Update: MIPS Technologies Acquires Chipidea (August 27, 2007)

Botte to Maintain Sound Financial Practices as Company Continues Leadership Role in Analog/Mixed Signal Intellectual Property

LISBON, Portugal – March 20, 2006 – Chipidea, the world leader in analog/mixed signal intellectual property, today announces the appointment of Pedro Sacadura Botte to the position of executive vice president and chief financial officer. Botte brings more than 18 years of experience to the position after serving as a financial executive for some of the world’s largest information technology companies.

Botte will draw on his experience at companies such as Hewlett-Packard, Philips, Compaq and Digital Equipment Corporation to ensure Chipidea maintains its excellent financial performance. In his role, he will report directly to José Franca, Chipidea’s founder, president and chief executive officer.

"Chipidea is committed to maintaining a sound financial foundation across all divisions as interest in our services expands and top semiconductor design teams around the globe embrace our technology," Franca said. "Pedro brings CFO-level experience from some of the world’s most important information technology leaders to Chipidea. He will be a valuable part of our management team as our company continues to lead the industry in analog/mixed signal intellectual property."

Prior to joining Chipidea, Botte served as the general manager of HP’s Technology Solution Group in Portugal, following his role as HP Services finance director in Iberia, Spain. He is a former board member and CFO for Lucent Technologies’ Iberia management team. He was CFO of Origin Spain in 2000 and served as a financial analyst for Compaq and Digital Equipment Corporation, also in Spain. Botte has a Bachelor of Commerce, Dual Major in Economics and Finance from the Faculty of Economics, University of Cape Town, Republic of South Africa.

About Chipidea
Chipidea is the world’s number one analog/mixed-signal merchant technology supplier targeting fast-growing market segments like wireless communications, digital media and consumer electronics. Chipidea supports blue-chip customers across the globe, has an impeccable reputation for delivering high-quality products and is known for its reliable execution. Chipidea licenses its technology to leading companies in these and other key markets, delivering everything from precision single-function blocks to full analog sub-systems. Chipidea employs more than 200 people in its research and development, and sales and marketing offices across Europe, Asia and North America.