High-Performance MIPS64 Architecture Drives Cavium Networks' New OCTEON II Processors

Internet Application Processors Target Next Generation of ‘Hyper Networks’

MOUNTAIN VIEW, Calif. – April 14, 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 that its ultra high-performance MIPS64® architecture is powering the new OCTEON™ II Internet Application Processors (IAP) introduced today by Cavium Networks (NASDAQ: CAVM). The OCTEON II family with up to 32 MIPS64 cores is the latest in Cavium’s successful line of scalable multi-core OCTEON processors based on the MIPS64 architecture, and it sets a new record for the maximum number of MIPS64 processor cores in a single chip.

OCTEON II processors are designed for the next generation of ‘hyper networks’ serving enterprise, data center, access and service provider markets that require support for converged data, voice and video. Target applications for OCTEON II include switches, routers, appliances and equipment for 3G, WiMAX, LTE and wireless LAN, and unified storage systems and adapters. The OCTEON II family integrates between 1 and 32 MIPS64 cores, up to 75 application acceleration engines for quality of service, packet processing, TCP, compression, encryption, RAID, de-duplication and regular expression processing, up to 400Gbps of DDR3 memory bandwidth, and up to 100Gbps of network connectivity while consuming only 2W to 60W of power across the entire family.

“The MIPS® architecture is unsurpassed in performance and ecosystem for networking and communications applications,” said Syed Ali, president and CEO, Cavium. “Over the years, literally millions of lines of code have been written for the MIPS architecture. With a vast ecosystem of software and OS support, and a large number of companies developing chips based on it, it is the architecture of choice for networking and communications. The openness and flexibility of the MIPS architecture enable Cavium to develop highly innovative products that break new ground in terms of performance and functionality.”

“Cavium is a flag-bearer of the MIPS architecture, bringing high-performance, groundbreaking multi-core designs to the communications, networking and storage markets,” said John Bourgoin, president and CEO, MIPS Technologies. “In less than five years, Cavium has gained strong traction in these markets, and has worked with MIPS to build a broad base of third party multi-core support around its products. In this way, Cavium is helping to provide important technologies that help many other companies build MIPS-Based™ products. Our long-term relationship with Cavium continues to deliver successful results, and we look forward to partnering with them as they bring future MIPS-based designs to market.”

Cavium is a leading provider of semiconductor products that enable intelligent processing for networking, communications, storage, wireless, video and security applications. For more information about the company’s new OCTEON II processor family, visit: www.caviumnetworks.com/OCTEON_II_MIPS64.html.

The MIPS64 architecture sets a new performance standard for 64-bit MIPS-Based embedded processors. The MIPS architecture is the leading embedded processor technology because of its robust instruction set, scalability from 32-bits to 64-bits, availability of software development tools, and widespread support from numerous MIPS Technologies licensees. By incorporating powerful features, standardizing privileged mode instructions, supporting past ISAs and providing an upgrade path from the MIPS32® architecture, the MIPS64 architecture provides a solid high-performance foundation for future MIPS processor-based development.

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.