QuickLogic and MIPS Technologies join forces

QUICKLOGIC AND MIPS TECHNOLOGIES JOIN FORCES

- Enables development of first ESP platform to embed a MIPS® RISC processor
- Provides standard product software- and hardware programmable system solution
- Cuts development time for MIPS32™ and MIPS64™-based systems by a factor of ten

SUNNYVALE, Calif. - April 3, 2000 -- QuickLogic Corporation (Nasdaq: QUIK), the pioneer of ESP (Embedded Standard Product) technology, and MIPS Technologies, Inc. (Nasdaq: MIPS), one of the leading providers of embedded processor IP (intellectual property), today announced that they have signed a license agreement that provides QuickLogic with the MIPS32 4Kc™ and an option on the MIPS64 5Kc™ embedded processor cores. This agreement enables the development of a platform to embed a MIPS-based™ processor with high-performance programmable logic and on-chip dual-port SRAM, laying the foundation for a whole new class of system-level ESP product families. With a programmable logic based solution, developers can create MIPS32 and MIPS64-based systems more quickly, greatly accelerating time to market.

"The integration of the MIPS architecture into our devices is the next logical step in our ESP strategy," said Tom Hart, president and CEO of QuickLogic. "Embedding a processor gives designers a powerful, hardware- and software-programmable system-level platform on a single piece of silicon an option previously only available using standard cell ASICs. The MIPS architecture is a perfect choice for this approach, due to its high performance and tremendous level of industry support."

"This alliance marks an industry milestone," commented John Bourgoin, Chairman, president and CEO of MIPS Technologies, Inc. "Our family of high-performance, high-value 32- and 64-bit cores have become a key building block for many of today's most exciting system designs because of the tools support, performance, cost and low power of MIPS Technologies' cores. QuickLogic's ESPs with their high performance and low power match up nicely with MIPS-based processors. This alliance is the first to combine the value of MIPS Technologies' cores with programmable logic and will provide an excellent solution for customers with fast time to market needs."

"This provides a key advantage to MIPS Technologies' customers because they can now develop new MIPS-based processor products in record time," notes Linley Gwennap, principal analyst of The Linley Group. "This gives them greater flexibility and will encourage the development of new applications."

Targeted Applications

This new class of ESPs addresses a wide range of development and production applications, particularly those that require high performance, low power, fast time-to-market, or high design security. Examples include DSL and cable modem head-end equipment, Internet routers, fiber optic telecommunications switches, wireless base station equipment, and set-top boxes.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is one of the world's primary architects of embedded 32- and 64-bit RISC processors. 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, Inc. and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products.

Licensees currently include:

Alchemy Microprocessor Design Group (Cadence); ATI Technologies Inc.; Broadcom Corporation; Centillium Communications, Inc.; Chartered Semiconductor Manufacturing Ltd.; CommQuest (IBM); ESS Technology, Inc.; Excess Bandwidth Corporation; General Instrument Corporation; Integrated Device Technology, Inc. (IDT); Lara Networks, Inc.; LSI Logic Corporation; Macronix; Metalink Ltd.; NEC Corporation; NKK Corporation; Philips Semiconductors; Quantum Effect Devices, Inc. (QED); Sandcraft, Inc.; SiByte, Inc.; Sony Corporation; Synova; Texas Instruments Incorporated; Toshiba Corporation; and Taiwan Semiconductor Manufacturing Company. Numerous companies utilize MIPS-based intellectual property. MIPS Technologies, Inc. is based in Mountain View, California, and can be reached at 650-567-5000 or http://www.mips.com.

About QuickLogic

QuickLogic Corporation began developing the ESP architecture in 1998, an innovation on its core Field Programmable Gate Array (FPGA) technology, to deliver the guaranteed performance and lower cost of standard semiconductor products with the flexibility and time-to-market benefits of programmable logic. QuickLogic's ViaLinkÒ metal-to-metal interconnect technology offers high performance and is the foundation of the company's ESP families as well as its core FPGA products. Founded in 1988 by the inventors of the PALÒ, the company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. For more information please visit the QuickLogic web site at www.quicklogic.com

Safe Harbor Statement
This news release contains forward-looking statements based on current expectations that involve risks and uncertainties. QuickLogic's actual results may differ from the results described in the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, general conditions in the semiconductor industry, development risks, market acceptance and the impact of competitive products. These and other risk factors are detailed in QuickLogic's periodic reports and registration statements filed with the Securities and Exchange Commission.

MIPS is a registered trademark and MIPS32, MIPS64, 4Kc, 5Kc and MIPS-based are trademarks of MIPS Technologies, Inc. All other trademarks are the property of their respective companie.

	Media Contact: Jan Houts QuickLogic Corporation (408) 990-4256 houts@quicklogic.com			MIPS Technologies, Inc. contact: Constance Sweeney, Manager of Worldwide Public Relations MIPS Technologies, Inc. 650-567-5059 cks@mips.com