MIPS Technologies Announces Executive Appointments

MOUNTAIN VIEW, Calif. – January 12, 2009 – 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 new executive appointments, entering 2009 with strong leadership around the globe to drive its integrated analog and processor businesses. Cesar Martin-Perez was named vice president and general manager of the Analog Business Group reporting to MIPS President and CEO John Bourgoin. Mark Pittman was appointed vice president of Asia Pacific sales, and Stefan Buechmann was named vice president of European sales. Both Pittman and Buechmann report to Brad Holtzinger, vice president of worldwide sales and corporate marketing. All three executives move into their new positions from other roles at MIPS Technologies.

“Cesar, Mark and Stefan are stellar professionals, and we are excited to enter 2009 with their solid leadership in place,” said John Bourgoin. “We look forward to continuing to build on our leadership position in key markets like the digital home, and expand our presence in other markets that will benefit from our compelling solutions and robust ecosystem.”

Cesar Martin-Perez was previously vice president of European operations for MIPS Technologies. In his new role, he assumes responsibility for growing the company’s analog business worldwide. With his strong knowledge of the processor business, Martin-Perez will lead the Analog Business Group in working closely with MIPS’ Processor Business Group to develop market opportunities and deliver solutions. Martin-Perez brings more than 20 years of experience in semiconductor management and sales to his new role. He began his career with MIPS Technologies in 2000, and was appointed vice president of European operations in 2002. Martin-Perez has held senior sales and business development positions at Mentor Graphics, Cadence Design Systems, Calay Systems and Kontron Datensystems.

Previously vice president of Processor Business Group sales for MIPS Technologies, Mark Pittman is now responsible for all sales operations in Asia Pacific, including China, Taiwan, Korea and Southeast Asia. He has more than 15 years of semiconductor-related sales and marketing experience including product marketing, business development, corporate branding, press and analyst relations and advertising. Pittman joined MIPS Technologies in 2000. He previously held sales, marketing and engineering positions with Integrated Systems, TakeFive Software, Force Computers, Developmental Sciences Corporation, Innovision Medical, and Hughes Aircraft. He received a B.A. in Physics from the University of California, Berkeley, and is a director for the US-Taiwan Business Council.

Stefan Buechmann was previously an account director for MIPS Technologies in Europe, and is now responsible for sales, marketing and business development activities throughout the UK, Europe and Israel. Buechmann has more than 10 years of experience in global account management, managing highly complex sales processes. He joined MIPS in 2002, previously holding sales management positions with Virage Logic, Avant! Corporation and Mentor Graphics. He holds a Diplom Ingenieur in Electrical Engineering from Ruhr University Bochum.

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.