Ingenic Semiconductor Licenses MIPS32 Architecture for Mobile Devices

MIPS Technologies Continues Push into Mobile Market

INTERNATIONAL CES, LAS VEGAS, Nev. - January 4, 2011 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, announced today that Ingenic Semiconductor, a leading China-based CPU provider for mobile multimedia applications, has licensed the MIPS32® architecture for its mobile device SoCs. Ingenic is leveraging the MIPS® architecture for devices targeting a broad range of mobile products including e-readers, tablets and smartphones leveraging the Android platform.

"The Ingenic team has strong processor design capabilities, and represents a vibrant local semiconductor industry in China. We are pleased to work closely with the company as it brings its innovative XBurst CPU technology to the U.S. market," said Sandeep Vij, president and CEO, MIPS Technologies. "Innovative companies such as Ingenic are increasingly looking to the MIPS architecture as a high-performance, low-power alternative for mobile designs."

"Ingenic has had success in the Greater China market with a broad range of small form factor devices, having shipped more than 25 million products to-date," said Qiang Liu, chairman and CEO for Ingenic Semiconductor. "Our XBurst CPU technology features the high performance, low power and high level of integration needed for success in the mobile market. MIPS Technologies' industry-standard architecture and broad ecosystem of third party support will be a great help as we continue to expand our business."

About Ingenic

Ingenic Semiconductor was founded in Beijing in 2005 to develop embedded processors and solutions optimized for high performance, low power consumption and low cost. For mobile multimedia applications, Ingenic's XBurst CPU offers high operating frequency, high-performance multimedia processing, compact die size and low power consumption. Based on the XBurst CPU, the company's Jz47xx series multimedia processors are widely deployed in embedded devices and consumer electronic products including PMPs, educational electronic devices, Mobile TV, fingerprint identification, GPS, UMPC, baby monitors and more, with more than 25 million units shipped to-date. For more information, visit www.ingenic.cn/eng.