Industry's Leading GNU-based Toolchain Available Now Optimized for MIPS Cores

MOUNTAIN VIEW, Calif. - June 25, 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 a MIPS®-optimized release of Sourcery G++, a complete C/C++ development environment based on the GNU Toolchain and the EclipseTM IDE, is available now from CodeSourcery, Inc. The release supports all MIPS cores, including performance enhancements in the MIPS32® 24K® core and the superscalar MIPS32® 74KTM core, as well as other optimizations. It also adds support for non-position independent code for Linux applications, resulting in increased performance for Linux systems.

"We are pleased to partner with CodeSourcery to provide these optimized versions of the new release of its industry-leading GNU-based toolchain," said Jack Browne, vice president of marketing, Processor Business Group, MIPS Technologies. "We are committed to providing our customers with the best possible tools to get their jobs done, and the work we've done with Sourcery G++ is a great example of that. MIPS will continue to partner with CodeSourcery on toolchain optimization, and ultimately plans to integrate CodeSourcery technology into products that we sell and support."

"Increasingly, developers are realizing that spending weeks building, integrating and testing their own GNU toolchain makes little sense when they can get a low-cost, optimized, commercially available toolchain," said Mark Mitchell, chief sourcerer, CodeSourcery. "We are pleased to work with MIPS Technologies to deliver the tools MIPS developers need to quickly bring products to market. We look forward to continuing to work with MIPS on future development and toolset integration."

Sourcery G++ for MIPS is a complete software development environment based on the GNU toolchain. Sourcery G++ includes GNU C/C++ compilers, GNU assembler and linker, runtime libraries, a source- and assembly-level debugger, support for Microprocessor Debug Interface (MDI) to connect to MIPS System NavigatorTM Probes and MIPSsimTM simulator, and, optionally, an Eclipse-based IDE. Sourcery G++ runs on both Windows® and Linux hosts and is available for bare-iron and GNU/Linux development in Lite, Personal and Professional editions. Professional Edition customers receive unlimited support from CodeSourcery.

The MIPS-optimized toolchains are available for download from the CodeSourcery website at http://www.codesourcery.com/.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets-including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.