NEC Licenses MIPS Processors for Next-Generation Digital Home Solutions

Long-time MIPS Licensee Selects High-Performance, Low-Power MIPS32 24KE Cores

MOUNTAIN VIEW, Calif., - January 24, 2007 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today announced that NEC Electronics Corporation has selected the MIPS32® 24KEc™ and 24KEf™ cores to power advanced solutions for the digital home. MIPS Technologies holds a commanding presence in this burgeoning market segment, which includes digital TV, set-top boxes and DVD.

For more than a decade, NEC Electronics Corporation has developed innovative solutions around both the MIPS32® and MIPS64® architectures. Products include the 64-bit VR Series™, and single-chip offerings for a wide range of digital consumer products, such as personal video recorders and DVD recorders.

“As a proponent of the MIPS architecture and cores, we are pleased to broaden our successful relationship with MIPS Technologies,” said Masao Hirasawa, general manager, Digital AV Systems Division, NEC Electronics Corporation. “Leveraging the superior cost advantages, low-power capabilities and performance of the 24KE cores allows us to design and deliver sophisticated and compelling next-generation solutions for the digital home.” 

"Over the years, our close collaboration with NEC has resulted in award-winning MIPS-Based designs in millions of digital consumer products worldwide," said John Bourgoin, president and chief executive officer at MIPS Technologies. “We’re excited to expand our presence in the digital home market in Japan and living rooms around the globe.”

The MIPS32 24KE™ core family leverages the high performance 24K™ microarchitecture while incorporating the MIPS® DSP Application Specific Extension (ASE). These instructions provide signal processing performance of up to 3x over a range of embedded applications compared to RISC implementations without the DSP ASE. The 24KE family provides efficient DSP capability while significantly reducing overall SoC die area, cost and power consumption.

About MIPS Technologies

MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications. The company drives the broadest architectural alliance that delivers 32- and 64-bit embedded RISC solutions to the embedded market, and in combination with its licensees, offers the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products worldwide.  MIPS Technologies licenses its intellectual property (IP) to today’s leading semiconductor companies, ASIC developers and system OEMs.

Today, MIPS-Based™ designs are integrated in millions of products around the world, including broadband devices from Linksys, digital cameras from Canon, DTVs and entertainment systems from Sony, DVD Recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco and laser printers from Hewlett- Packard.  Founded in 1998, MIPS Technologies is based in Mountain View, California, with offices worldwide. For more information, please contact (650) 567-5000 or visit http://www.mips.com.