MIPS Technologies Introduces MIPS-Verified Program to Authenticate Licensed MIPS-Based Products Worldwide

Authenticated Intellectual Property Branded with Official MIPS-Verified Mark; Company Ensures Integrity of MIPS® Products and Ecosystem

MOUNTAIN VIEW, Calif., October 3, 2006-MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today introduced the MIPS-Verified™ program to validate and authenticate MIPS Technologies' architecture, cores and proprietary verification technology. Since its founding in 1998, MIPS Technologies has been a leading IP company licensing award-winning processor cores and architectures to today's top semiconductor companies, ASIC developers and system OEMs.

"The MIPS-Verified program allows us to offer our licensees and partners the gold standard in the processor IP community-in addition to stringently upholding the integrity of the MIPS brand and Ecosystem," said John Bourgoin, president and CEO of MIPS Technologies. "Although our verification process has long been an ongoing part of our IP business model for years, we believe the MIPS-Verified mark will elevate global awareness of the MIPS brand as we continue to be synonymous with high-quality, dependability and integrity."

Today's designers are faced with the challenge of building timely, differentiated products at highly competitive consumer price points. Paramount to a design's success is an established and robust software ecosystem of tools and software available to support a design from inception to completion. Also increasingly critical in complex semiconductor design is the use and reuse of quality intellectual property. Without a robust design environment and quality intellectual property, both SoC designers as well as OEM system designers run the risk of missing critical budget targets and market introductions-potentially sentencing a design to fail.

The MIPS-Verified brand helps designers clearly distinguish high-quality, dependable products and well-supported solutions that are exclusively compatible with the MIPS® Ecosystem. Core or architecture implementations marked by the MIPS-Verified brand ensure that the intellectual property has been rigorously tested-leveraging years of proprietary verification technology. This design verification technology is regularly refined and enhanced by MIPS engineers to test every new release and each new feature added to the MIPS® architecture. It comprises hundreds of tests for validating individual functions of a design, not only with architectural compliance, but also in authenticating a product throughout the design cycle.

"The MIPS-Verified mark gives that added level of assurance that OEMs and IC designers are working with first-rate intellectual property-further validated by a proprietary and mature suite of verification programs," said Jack Browne, vice president of marketing for MIPS Technologies. "Since cost, performance and time-to-market considerations are the cornerstones to the success of any design, this product validation translates into real business benefits for our growing number of customers around the globe."

About the MIPS® Architecture
Developed more than 20 years ago at Stanford University, the MIPS architecture is an elegant, streamlined, highly scalable RISC architecture. Its fundamental characteristics - such as the large number of registers, the number and the character of the instructions, and the visible pipeline delay slots - enable the MIPS architecture to deliver the highest performance per square millimeter and lowest energy consumption in today's SoC designs. MIPS architecture products include the MIPS32® and MIPS64® architectures which are seamlessly compatible, and application-specific extensions (ASEs) that boost the performance of specific types of applications.

About the MIPS® Ecosystem
The MIPS Ecosystem provides the silicon design community with one of the richest and most comprehensive environments offered in today's embedded space. Between hundreds of third-party tools and software, platform solutions, development systems and system IP, SoC designers and OEMs working on MIPS-Based™ applications can quickly deliver compelling and competitive solutions. With 118 licensees leveraging the competitive advantage of more than 180 licenses, MIPS Technologies powers nearly 900 MIPS-Based designs worldwide.

About MIPS Technologies
MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications. The company drives the broadest architectural alliance that delivers 32- and 64-bit embedded RISC solutions to the embedded market, and in combination with its licensees, offers the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products worldwide. MIPS Technologies licenses its intellectual property (IP) to today's leading semiconductor companies, ASIC developers and system OEMs.

Today, MIPS-Based designs are integrated in millions of products around the world, including broadband devices from Linksys, digital cameras from Canon, DTVs and entertainment systems from Sony, DVD Recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco and laser printers from Hewlett Packard. Founded in 1998, MIPS Technologies is based in Mountain View, California, with offices worldwide. For more information, please contact (650) 567-5000 or visit http://www.mips.com.

For more information on MIPS-Verified, please visit: http://www.mips.com/content/Corporate/MIPSVerified.