Kawasaki Microelectronics Adds Multiple MIPS Technologies Processor Cores to its ASIC IP Portfolio

New Single- and Multi-threaded Cores Offer Expanded Options for Embedded Applications

MOUNTAIN VIEW, Calif. - July 2008 - MIPS Technologies, Inc. (NasdaqGS: MIPS), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced that Kawasaki Microelectronics (K-micro), a leader in advanced ASICs, licensed multiple MIPS® cores for its ASIC IP portfolio. The synthesizable cores, including MIPS Technologies’ highest-performance single-threaded core and its multi-threaded core, will enable K-micro to offer a range of optimized solutions to its customers in office automation, networking, and other key markets.

“Our customers will benefit from the breadth of MIPS processors that are now available as part of our IP portfolio,” said Kyoichi Kissei, executive vice president of worldwide sales and marketing, K-micro. “The synthesizable MIPS cores combined with other key IP blocks in our portfolio create compelling solutions for our customers. A great example is our revolutionary Catseye subsystem, which incorporates dual MIPS32® 24KfTM processor cores and other IP to enable the designers of office automation and network applications such as PON to bring high-performance, cost-effective products to market more rapidly and efficiently. We look forward to developing even more MIPS-BasedTM systems to serve a variety of markets.”

“With this latest agreement, K-micro now has access to a wide range of MIPS cores, from low-power cores for mobile devices to multi-threaded cores that boost system performance for highly concurrent applications like VoIP, multifunction printers and DTV,” said Brad Holtzinger, vice president of worldwide sales at MIPS Technologies. “The ongoing relationship between K-micro and MIPS Technologies enables developers to bring new products to market quickly and affordably.”

K-micro licensed the MIPS32® 24KcTM Pro core, 24Kf Pro core, MIPS32® 24KEcTM Pro core, MIPS32® 24KEfTM Pro core, MIPS32® 34KcTM Pro core, MIPS32® 34KfTM Pro core, MIPS32® 74KcTM core, and MIPS32® 74KfTM core. K-micro already offers several other MIPS-Based cores as part of its ASIC IP portfolio.
MIPS, MIPS32, 24Kc, 24Kf, 24KEc, 24KEf, 34Kc, 34Kf, 74Kc, 74Kf and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners.