MIPS Technologies Licenses Pro Series Processor Core to SiNett

MIPS32® 4KEp™ Pro Core Enables SiNett to Boost Application Performance In Solutions for Integrated Wired and Wireless Networks

MOUNTAIN VIEW, Calif., August 23, 2004 - MIPS Technologies, Inc. (Nasdaq: MIPS) MIPS Technologies, Inc. (Nasdaq: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, announced it has licensed the MIPS32® 4KEp™ Pro core to SiNett Corp., a developer of groundbreaking wireless local area network (WLAN) packet processing silicon and software.

The 4KEp Pro core offers performance of 356 Dhrystone MIPS and gives SOC designers enormous flexibility to optimize their applications while significantly improving application performance and reducing power consumption. The 4KEp Pro core features the CorExtend™ capability, enabling designers to add user-defined instructions and maintain compatibility with the MIPS® architecture. Additionally, 4KE family cores include advanced features such as code compression, larger writeback cache memories and extensive clock gating.

"Network OEMs need new silicon devices that allow them to build more intelligence into their products through improved performance, while maintaining margins and lowering the costs of production," said Shiri Kadambi, co-founder and CEO of SiNett. "We chose the 4KEp Pro core because it gives us the most flexibility to meet our design goals and deliver highly competitive solutions for the seamless integration of wired and wireless networks."

"Networking infrastructure products that enable wireless access to corporate resources is an important growth market. We are pleased that SiNett has chosen the MIPS architecture to create solutions that deliver a seamless, secure, cost-effective network," said Jack Browne, vice president of worldwide sales at MIPS Technologies. "The performance and CorExtend capabilities of the 4KEp Pro core will allow SiNett's design team to innovate with ease and get to market fast using an industry-standard architecture."

About SiNett

Founded in 2002, SiNett Corp. develops leading-edge packet processing silicon and software for network OEMs targeting seamless wireless access in the enterprise. With a track record of success in building valuable products and companies, SiNett's executive and technical teams have won the support of top-tier prospective customers and blue-chip investors, including Alliance Ventures, Clearstone Venture Partners and Matrix Partners. For more information, visit SiNett's website at www.sinett.com or call the company directly at +1 (408) 522-4800.

About MIPS Technologies

MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer and business applications. 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 and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products. The company is based in Mountain View, Calif., and can be reached at +1 (650) 567-5000 or www.mips.com.