Sigma Designs Selects MIPS(R) Cores for Next Generation Home Entertainment SoCs

MIPS Technologies' Cores Further Enable Highest Performance SoCs for Worldwide HD and Home Entertainment Product Manufacturers

MOUNTAIN VIEW, Calif. -- Nov. 6, 2007 -- MIPS Technologies, Inc. (Nasdaq: MIPS - News), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today announced that Sigma Designs (Nasdaq: SIGM - News), a leading provider of highly integrated systems-on-a-chip (SoC) solutions, has licensed the MIPS32® 24K® family of cores. Sigma selected MIPS Technologies' cores to achieve the highest possible performance in the development of its next generation SoC designs for the world's leading home entertainment product manufacturers.

The selection of MIPS Technologies' cores offers Sigma a host of price, performance and low-power options, as well as a comprehensive ecosystem of software, hardware and tool support. Since 2003, Sigma Designs has licensed a wide array of other MIPS® processor cores from the entry-level MIPS32® 4KE(TM) series of processors to the high-performing 24K family of cores.

Sigma Designs' SoCs power millions of home entertainment products around the world. According to Sigma Designs, a Sigma SoC is inside approximately 75 percent of the world's IPTV set-top boxes, the first media smart HDTVs, six of the leading Blu-ray DVD players, and dozens of digital media adapter products on the market today -- markets where MIPS Technologies also holds a strong leadership position.

"In media processor design, satisfying our customers' stringent requirements for area and power efficiency is as critical as achieving superior levels of performance," said Ken Lowe, vice president, strategic marketing, Sigma Designs. "Leveraging the proven MIPS cores allows us to produce cost-effective, innovative designs that result in some of the most exceptional, high-performing SoCs on the market."

"We're delighted to provide Sigma with leading edge solutions that deliver the flexibility and high performance required for cost-sensitive, digital consumer applications," said Brad Holtzinger, vice president of worldwide sales at MIPS Technologies. "We look forward to helping Sigma extend its industry leadership as it brings new generations of ground-breaking products to market."

About Sigma Designs, Inc.

Sigma Designs is a leading fabless provider of highly integrated system-on-chip, or SoC, solutions that are used to deliver multimedia entertainment throughout the home. Sigma's SoC solutions combine its semiconductors and software and are a critical component of multiple high-growth, consumer applications that process digital video and audio content, including internet protocol TV, or IPTV, high definition DVD players, high definition TVs, or HDTVs, and portable media players. Headquartered in Milpitas, Calif., Sigma Designs also has sales representatives in the United States, Belgium, China, Japan and Taiwan and sells its products through third-party distributors in Korea and Japan. For more information, please visit Sigma Designs' web site at http://www.sigmadesigns.com.

About MIPS Technologies

MIPS Technologies, Inc. (Nasdaq: MIPS - News) 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 currently owns more than 400 patent properties (patents and applications) worldwide and licenses its intellectual property to today's leading semiconductor companies, ASIC developers and system OEMs.

Today, MIPS-Based(TM) 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.