Imperas Announces Verification, Licensing, Distribution Agreement With MIPS Technologies

Move Adds to Growing Open Virtual Platform Momentum

THAME, United Kingdom -- August 19, 2008 -- Imperas announced it has signed an agreement with MIPS Technologies, Inc., a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, for the verification of a series of processor models that Imperas will create and make freely available.

Imperas models of MIPS® processor cores will be verified by MIPS Technologies under the MIPS-Verified™ program, and will be available for free at the www.OVPworld.org website. These verified MIPS models can be used to build virtual platforms that run up to 500-million instructions per second and can be used for efficient development of higher quality embedded software.

Jack Browne, vice president of marketing, Processor Business Group, MIPS Technologies, remarks: “Imperas will take the electronics industry forward with its visionary approach to virtual platforms and the easy accessibility of OVP. Verifying the compatibility and functionality of these high performance MIPS-Based™ processor models and making them freely available with OVP enables our customers to develop high-quality software faster and more easily using virtual platform models of their SoCs and embedded systems.”

The MIPS core models and many other models used in developing virtual platforms are available now and downloadable free of charge at the OVP website: www.OVPworld.org. Other components available from OVP include application programming interfaces (APIs) for building a platform verification infrastructure and developing behavioral and processor models. Model libraries of processors, behavioral components and peripherals are offered, along with platform templates, bare-metal platforms, and OVPsim, a reference simulator shipped as an executable.

“MIPS Technologies recognizes the importance of freely available models to seed the market for rapid growth and accelerate the design and programming of embedded systems on chip,” says Simon Davidmann, Imperas’ president and chief executive officer. “Compatibility and quality of models is essential when using virtual platforms to develop software and by having MIPS-verified processor models available for free from OVP means developers can get higher quality software developed faster. Verified models really help close the Software Gap.”

Open Virtual Platforms

The goal of OVP is to provide the infrastructure technology –– open source and free, focused on multicore and speed –– for embedded software development, and the infrastructure through the OVPworld.org website for this community to grow. The technology helps to address problems embedded software developers have when modeling the system on chip (SoC) that hosts their software.

The OVP website (www.OVPworld.org) serves as the portal, with details about the technology, a discussion forum for the community, and links to download each component.

About Imperas

By blending hardware development, software programming technologies and design processes together, Imperas provides methodologies, technologies and products to enable the efficient programming, debug, and verification of Multiprocessor Systems-on-Chip (MP SoCs). With an engineering base in the UK, Imperas distributes its products to customers worldwide. For more information, visit: www.imperas.com.

About OVP

Open Virtual Platforms (OVP) was initiated with the donation by Imperas of approximately $4 million of simulation infrastructure that enables chip designers and software developers to model platforms, systems on chips (SoCs), and multiprocessor SoCs (MP SoCs). The OVP technology is available for free from www.OVPworld.org and has the support of electronic design automation (EDA) companies, end users and silicon intellectual property (IP) providers. For more details, visit: www.OVPworld.org.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NasdaqGS: MIPS - News) 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, Calif., with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.