MIPS Technologies Collaborates with Adobe to Optimize Flash Player 10.1 for MIPS Architecture

MIPS Participates in Open Screen Project to Enable Rich Internet Experience across Devices

INTERNATIONAL CES, LAS VEGAS, Nev. - January 5, 2010 - MIPS Technologies, Inc. (Nasdaq: MIPS), a leading provider of industry-standard processor architectures and cores, today announced it is participating in the Open Screen Project, an industry-wide initiative led by Adobe to enable the delivery of rich Internet experiences across mobile phones, televisions, set-top boxes, and other consumer electronics and devices through the Adobe® Flash® Platform. MIPS Technologies and Adobe are collaborating as part of the Open Screen Project to optimize Adobe Flash Player 10.1 for the MIPS® architecture.

Existing Flash technology already runs on a number of SoC platforms based on the MIPS architecture, and was originally demonstrated at the International Consumer Electronics Show in January 2009. In October, MIPS Technologies announced the release of a MIPS-optimized version of the ActionScript virtual machine (VM) that is used in Adobe Flash Player. Now MIPS and Adobe are further demonstrating their commitment to providing Flash Player 10.1 support for the MIPS architecture.

"MIPS Technologies is committed to supporting key platforms that will enable the next-generation of connected multimedia devices, and Adobe Flash Player is an essential element of the rich web experience in these products," said Art Swift, vice president of marketing, MIPS Technologies. "We are seeing growing demand among our customer base for Flash Platform support on MIPS, the leading processor architecture for digital home devices."

"Bringing Flash technology to the digital home is a priority for Adobe, as we believe it will fundamentally change the way consumers view and engage with content on their televisions and other devices," said Ricky Liversidge, vice president, product marketing, Platform Business at Adobe. "We are pleased to have MIPS Technologies participate in the Open Screen Project. With support for MIPS, Flash Player will provide great benefits to MIPS licensees as they build SoCs for DTV, set-top boxes and beyond."

Adobe Flash Platform

The Adobe Flash Platform is the leading Web design and development platform for creating expressive applications, content, and video that run consistently across operating systems and devices and reach over 98 percent of Internet-enabled desktops. Flash Player 10 was installed on more than 93 percent of computers in just the first ten months since its release. According to comScore Media Metrix, approximately 75 percent of online videos viewed worldwide are delivered using Adobe Flash technology, making it the No. 1 format for video on the Web.

Major broadcasters and media companies including Disney.com, MLB.com and DIRECTV rely on the Adobe Flash Platform for delivering video on the Web, and the platform powers social network sites such as YouTube and MySpace.

Open Screen Project

Led by Adobe, the Open Screen Project includes more than 50 industry leaders working together to provide a consistent runtime environment across mobile phones, desktops and other consumer electronic devices. The initiative addresses the challenges of Web browsing and standalone applications on a broad range of devices, and removes the barriers to publishing content and applications seamlessly across screens. Participants of the initiative include platform providers, device manufacturers, operators, and content providers across the industry. For more information about the Open Screen Project visit www.openscreenproject.org.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (Nasdaq: MIPS) is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. These include 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 Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.