Avnet ASIC Israel Selected as a MIPS Technologies Approved Design Center

Alliance With AAI Lowers Development Costs and Accelerates Time-to-Market for MIPS Technologies' Licensees Worldwide MOUNTAIN VIEW, Calif. -- Oct. 31, 2005 -- MIPS Technologies, Inc., a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, today announced the selection of Avnet ASIC Israel, Ltd. (AAI -- www.avnet-asic.com), as a MIPS Technologies Approved Design Center. AAI is a subsidiary of Avnet, Inc., one of the world's largest distributors of semiconductors, electromechanical components, enterprise network and computer equipment, embedded subsystems and design services.

AAI has already worked on a variety of complex SoC designs for MIPS Technologies licensees worldwide. Adimos, a leading provider of wireless multimedia connectivity solutions for consumer appliances, used the MIPS32® 4KEp(TM) core in the company's Wireless Video Module(TM) (WVM) design, enabling high quality multimedia transmissions over a wireless channel between any multimedia source (DVD, VCR, Set-Top Box and Media Servers) and a multimedia display (Plasma TV, LCD TV, home projectors or projection TV).

BroadLight licensed the MIPS32 4KEc® processor core for use in its BL2000 GPON (Gigabit Passive Optical Network) and BPON (Broadband Passive Optical Network) SoCs. By incorporating the 4KEc core, BroadLight was able to significantly reduce development cost and speed time to market with the industry's first complete end-to-end GPON solution.

"Our services allow semiconductor companies and OEMs to better manage their engineering resources, get to market faster and keep costs down," said Nadav Ben-Ezer, Managing Director, AAI. "We are delighted to have the opportunity to work with MIPS Technologies and its customers."

"AAI combines deep industry knowledge with a proven track record for helping our customers take their designs from concept to market quickly and cost-effectively," said Jack Browne, vice president of marketing, MIPS Technologies. "We are pleased to welcome AAI as Israel's first MIPS Approved Design Center, and look forward to collaborating on many more leading-edge designs."

About Avnet, Inc.

Phoenix-based Avnet, Inc. is an authorized B2B distributor for the manufacturers such as IBM, Motorola, Intel, Microsoft, Texas Instruments, HP and National Semiconductor. Via its two operating groups, Avnet markets, distributes and adds value to electronic components, embedded systems and enterprise computing products, and serves more than 100,000 customers including original equipment manufacturers, contract manufacturers, value-added resellers, systems integrators and end users in 68 countries. Avnet also delivers services such as inventory management and logistics, supply-chain integration, bill-of-materials analysis, systems integration and configuration, technical assistance and engineering design.

About Avnet ASIC Israel, Ltd.

Avnet ASIC Israel Ltd. (AAI), www.avnet-asic.com is a fully owned subsidiary of Avnet Israel, the Israeli branch of Avnet, Inc., one of the largest global B2B distributors of the world's leading technology manufacturers. AAI provides complete ASIC and COT (customer owned tooling) design services and turnkey manufacturing for fabless design houses and electronic system companies. AAI offers flexible business models and various design services, including RTL logic design, IP integration, synthesis, formal proof, DFT insertion, ATPG, place and route, timing closure, signal integrity, extract/DRC/LVS, tape-out, GDSII generation, as well as turnkey manufacturing services. AAI is based in Tel Mond, Israel, and can be reached at 972.9.7780269 or http://www.avnet-asic.com.

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, Inc. and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products. MIPS Technologies, Inc. is based in Mountain View, California, and can be reached at 650-567-5000 or http://www.mips.com.