Conexant Systems reaffirms commitment to MIPS Technologies by licensing its 64-Bit core for use by Conexant's internet infrastructure division designs

 MOUNTAIN VIEW, Calif., January 11, 2001 - MIPS Technologies, Inc. (NASDAQ: MIPS, MIPSB), a leading provider of industry standard processor and architectures and cores for digital consumer and network applications, today announced that Conexant Systems Inc.'s, (NASDAQ: CNXT), Internet Infrastructure Division has been assigned the MIPS Technologies license for the MIPS64 5Kc processor core for use in advanced semiconductor and software solutions for Internet infrastructure equipment. In addition, Conexant, the world's largest independent company focused exclusively on providing semiconductor system solutions for communications electronics, has retained a license to the MIPS64 5Kc core.

"This agreement demonstrates Conexant's continued commitment to the MIPS Technologies' industry-leading architecture," said Muhammad Helal, vice president of North American business development and sales for MIPS Technologies. "In addition, customers of Conexant's Internet Infrastructure Division now will have the benefits of our flexible and scalable high performance microprocessor solutions."

Conexant previously licensed the MIPS64 5Kc processor core for use in its advanced communications and consumer applications. The MIPS64 5Kc enabled Conexant to integrate high performance MIPS-based? cores into communications product solutions, which reach across multiple Conexant divisions.

About MIPS Technologies, Inc.
MIPS Technologies Inc. is a leading provider of industry standard processor architectures and cores for digital consumer and network 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.
Licensees currently include: Alchemy Semiconductor Inc., Altera Corporation, ATI Technologies Inc., Atmel Corporation, Broadcom Corporation, Centillium Communications Inc., Chartered Semiconductor Manufacturing Ltd., Conexant Systems Inc., EmpowerTel Networks (formerly known as Lara Technology Inc.), ESS Technology Inc., Gemplus International S.A., Integrated Device Technology (IDT) Inc., inSilicon Corporation, Integrated Telecom Express (ITeX) Inc., LSI Logic Corporation, Macronix America Inc., Metalink Ltd., Micron Technology Inc., General Instrument Corporation (acquired by Motorola Inc.), NEC Corporation, NeoMagic Corporation, NKK Corporation, Palmchip Corporation, Philips Semiconductors International B.V., Quantum Effect Devices Inc. (acquired by PMC-Sierra Inc.), QuickLogic Corporation, Sandcraft Inc., SiByte Inc., Sony Corporation, Synova Incorporated, Taiwan Semiconductor Manufacturing Company, TeraLogic, Inc., Texas Instruments Incorporated, Toshiba Corporation and Excess Bandwidth Corporation (acquired by Virata Corporation). Numerous companies utilize MIPS-based intellectual property. MIPS Technologies Inc. is based in Mountain View, Calif., and can be reached at 650-567-5000 or www.mips.com.
MIPS® is a registered trademark, and MIPS-based?, MIPS64? and 5Kc? are trademarks of MIPS Technologies Inc. All other trademarks are the property of their respective companies.