Metalink Licenses MIPS Technologies Processor Core to Accelerate Development of Next Generation DSL Solutions

MOUNTAIN VIEW, Calif.----Jan. 13, 2000-- MIPS Technologies, Inc., (Nasdaq:MIPS) the leading designer of 32- and 64-bit embedded processor technology has entered into a license agreement with Metalink Ltd. (Nasdaq:MTLK), a leading manufacturer of high performance, symmetric digital subscriber line (DSL) chip sets, to develop next generation DSL solutions.

Metalink plans to integrate the MIPS32 4Km processor core into powerful multi-mode DSL solutions that are compatible with North American ANSI, European ETSI and ITU standards. Metalink chose the 4Km core not only for its technological advancement but also to quicken the time to market for leading-edge DSL products.

``Metalink is a leader in the fast growing, high-end symmetrical DSL market and our 4Km core is a natural complement to their cutting-edge technology,'' said John Bourgoin, president and CEO of MIPS Technologies, Inc. ``We are delighted that companies like Metalink who must provide high performance cost effective solutions to the communications market are choosing the MIPS architecture.''

The MIPS32 4Km core provides highly developed embedded, application-specific instructions in a compact and low-cost implementation. The new MIPS32 architecture delivers added value with its synthesizable MIPS32 4K processor cores and is designed for embedded applications that require a powerful 32-bit processor.

Tzvi Shukhman, Metalink's chairman and CEO said, ``We selected MIPS Technologies because they have a very efficient RISC processor core. Their processor will allow us to produce state-of-the-art, cost effective solutions that will improve reach and power consumption in DSLAMS and CPEs. Our innovative architectures, using the MIPS core, will help us accelerate our market leadership and deliver the most advanced solutions to our customers.''

About Metalink Ltd.

Metalink Ltd., a fabless semiconductor company, develops and markets high performance DSL chip sets used by telecommunications equipment makers. Metalink is a pure-play Digital Subscriber Line (DSL) leader providing network equipment vendors with DSL-based chipsets that solve network bandwidth access bottlenecks cost effectively. The company's top level algorithmic designers along with its leadership in U.S. and European Telecommunications Standards bodies, has helped establish Metalink as a leader in the field of high-end, pure-play DSL technology. Metalink's headquarters is located at 24 Habarzel Street, Ramat Hachayal, Tel Aviv, 69710 Israel, Tel: 972-3-645-4333, Fax: 972-3-648-8022. Metalink's U.S. headquarters and mixed-signal design center is located at 2941 Sunrise Blvd., Suite 120, Rancho Cordova, CA 95742 Tel: 916/636-9480, Fax: 916/636-9485. For more information please visit Metalink's Web site at www.metalink.co.il.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is one of the world's primary architects of embedded 32- and 64-bit RISC processors. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. The company licenses its intellectual property to semiconductor companies, ASIC developers, and system OEMs. MIPS Technologies, Inc. and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products.

Licensees currently include: Alchemy (Cadence); ATI Technologies Inc.; Broadcom Corporation; Chartered Semiconductor Manufacturing; CommQuest (IBM); ESS Technology, Inc.; General Instrument Corporation; Integrated Device Technology, Inc. (IDT); Lara Technology, Inc.; LSI Logic Corporation; Macronix; NEC Corporation; NKK Corporation; Philips Semiconductors; Quantum Effect Devices, Inc. (QED); SandCraft, Inc.; SiByte, Inc; Sony Corporation; Synova; Texas Instruments Incorporated; and Toshiba Corporation. Numerous companies utilize MIPS-based(TM) intellectual property. MIPS Technologies, Inc. is based in Mountain View, California, and can be reached at 650-567-5000 or http://www.mips.com.

Note to Editors: MIPS is a registered trademark and MIPS32, 4Km and MIPS-based are trademarks of MIPS Technologies, Inc. All other trademarks are the property of their respective companies. All press materials are available on the World Wide Web via: http://www.mips.com.

     Metalink Ltd.       Mickey Singer, +1-972-3-6454333       mickey@metalink.co.il        or       MIPS Technologies, Inc.       Constance Sweeney, 650/567-5059       cks@mips.com        or       VP Investor Relations       Shelton Communications Group       Vickie Gorton, 972/239-5119 (Investor contact)        or       VP Public Relations       Shelton Communications Group       Stacey Gaswirth, 972/239-5119