MIPS Technologies Licenses Analog / Mixed-Signal IP to Socle Technology

Design Services Company Leverages Range of Cores for USB 2.0 OTG

MOUNTAIN VIEW, Calif. – December 18, 2008 - MIPS Technologies, Inc. (NasdaqGS: MIPS), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced that Socle Technology Corporation, a Taiwan-based firm specializing in SoC design services and embedded platforms that reduce development time, licensed its USB 2.0 On-The-Go (OTG) PHY and Controller in multiple processes. The cores, in 65nm processes from Chartered Semiconductor Manufacturing, are integrated in Socle’s platforms for customer designs in a range of markets.

“We are focused on getting our customers’ SoCs to market on-time by leveraging the industry’s leading tools and technologies in our production-proven embedded platforms,” said Eric Li, executive vice president, Socle. “High-end mobile devices are a trend in consumer electronics, and the need for OTG functionality at advanced processes is rising. With Chartered’s capabilities, capacity and design collaboration with Socle at advanced nodes, we are very confident in having high-performance design and realization with MIPS’ USB cores. MIPS Technologies’ proven USB cores in a range of processes provide fast time-to-integration, which is essential in meeting our customers’ unique design goals. They also make Socle’s 65nm platform solutions more complete.”

“MIPS Technologies offers the broadest USB IP portfolio in the market, and we are seeing increasing adoption, especially of our OTG cores, to enable direct connectivity between portable devices,” said Celio Albuquerque, director of physical solutions, IP Connectivity Solutions at MIPS Technologies. “We’re pleased that a leading design services firm like Socle is leveraging our analog IP cores as it helps its customers bring complex SoC designs to market quickly and efficiently.”

MIPS Technologies provides silicon-proven and certified USB IP solutions in all major foundries and processes-including half nodes-backed by deep USB expertise and professional engineering support. MIPS Technologies has more than 90 USB PHY IP customers worldwide with more than 200 USB 2.0 PHY instantiations, more than 30 USB 2.0 certified products in mass-production, and more than 200 million high-speed USB chips produced to-date. MIPS Technologies was first in the market to offer a choice of 2.5v and 1.8v transistors for USB PHYs.

About Socle Technology Corp.
Socle Technology Corp. is well-recognized as a leading-edge provider of SoC design and implementation services as well as an architect for more complicated SoC design technology in advanced process nodes, such as 65nm and beyond. Socle’s proprietary SoC design and implementation platforms, SoC-ImP® and µPlatform®, enable superior reliability and predictability for customers’ SoC design. For providing the best design service with one-stop-shop convenience, Socle works closely with Chartered Semiconductor Manufacturing as well as world-class assembly and testing, EDA, IP and other partners. With integration of semiconductor technologies, Socle is able to help customers to overcome the obstacles in nanometer-level SoC design and enables faster time-to-market product development. Chartered Semiconductor Manufacturing invested in Socle in June 2008 as the major shareholder and strategic partner. Socle website: www.socle-tech.com.

About MIPS Technologies, Inc.
MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world’s second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world’s most popular products for the digital entertainment, home networking, wireless, and portable media markets—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 Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.