MIPS Technologies, Inc. Opens Development Center in Europe.

MIPS Denmark Development Center Group Provides Extensive MIPS

Architecture Experience and Low Power Design Capability

MUNICH, Germany--(BUSINESS WIRE)--Nov. 11, 1998--MIPS Technologies, Inc. (Nasdaq:MIPS) today announced that it will officially open its fully staffed, MIPS Denmark Development Center (MDDC) in Copenhagen, Denmark on Dec. 1, 1998.

The Danish team is comprised of 24 full time employees, who were formerly part of LSI Logic Corporation. The team is well known for its low power MIPS(R) architecture, core, and system on chip (SOC) design expertise, as well as its full set of customer deliverables.

As part of LSI Logic, it has been responsible for a number of highly successful designs, including TinyRISC(tm) and many low power products, and also was a key contributor in LSI to the development of EJTAG 2.0 Debug Standard. LSI Logic Corporation and MIPS Technologies, Inc. are working closely to ensure a smooth transition of the team. The MDDC will work on developments for MIPS as well as providing a high level of support and design expertise for European-based MIPS customers.

"We are tremendously excited about the addition of this renowned team to our company," said Lavi Lev, senior vice president of Engineering for MIPS Technologies, Inc. "We are fortunate to have secured the complete team, which has many years of experience working effectively and efficiently together. Its members are highly respected for their experience in designing and developing consumer related and low-power MIPS architecture solutions. Their work in core development for Windows CE(R) and low-power applications dovetails extremely well with our product plans, as these skills enhance our existing abilities to design extremely powerful processors. Uniting the two teams will enable MIPS to provide the most powerful processor for almost any application's needs in terms of power consumption. Furthermore, with their strong systems knowledge we will design and develop cores that are ideally suited to the types of applications we plan to aggressively pursue in digital consumer, network systems, and information management applications."

"Our licensees in Europe are delighted to learn of this tremendous resource that is now available to them," said Bert Zandhuis, director of European Business Development for MIPS Technologies, Inc. "This team will improve our European presence beyond measure as it enables us to support our strategic partners with some of the best MIPS design engineers available. The new product roadmap, which we have just announced, also ensures a continuous, smooth upgrade path into the future with more powerful processors to meet the needs of emerging applications. The growing need for performance, combined with low power design skills, positions us to become a major player."

Jens Kjelsbak, director and general manager of the MDDC will report directly to Lev and will head the team in Denmark. "The skill set of the people within the MDDC is a perfect match to the MIPS engineering group in Mountain View," said Jens Kjelsbak. "We see our relationship with MIPS as a great opportunity to get the benefits of the MIPS architecture out to a larger number of customers."

Plans call for the work of the team to focus on developing products for synthesizable and optimized cores, as well as all system products.

"To ensure a smooth transition with its licensing partner, MIPS Technologies, Inc. is working on an agreement to provide support to LSI Logic Corporation during this period," said Marlon Murzello, VP of Consumer Technology Engineering at LSI Logic, "and we are delighted that the team will be kept together and continue to function as a key driver in the development of the MIPS architecture. Our agreement with MIPS Technologies will enable us to continue to benefit from this team in the future."

John Bourgoin, chairman and CEO of MIPS Technologies, Inc., concluded, "the MIPS Denmark Development Center team brings a superb record of success with MIPS designs and skills that will accelerate MIPS' access to its target markets. Furthermore, it will give us a significant European presence and will provide the kind of support that customers want. We are also pleased with LSI Logic's support of this transition, and believe it will benefit them and other licensees of the MIPS processors as well."

MIPS processors comprised 49 percent of the total 32/64-bit RISC architecture shipments (based on Andrew Allison's report: Inside the New Computer Industry) with 48 million units shipped in 1997, and has just passed the cumulative 100 millionth mark for processors shipped.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is the world's primary architect of embedded 32- and 64-bit RISC processors. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. It offers the only embedded 64-bit RISC architecture for emerging digital consumer, network systems, and information management applications.

The company licenses its intellectual property to semiconductor manufacturing 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. Developers can choose from a broad menu of price/performance options that include execution units, clock speeds, instruction widths (16-, 32- or 64-bit), cache sizes, memory bandwidths, memory protection schemes, system interfaces, and on-chip system logic.

The MIPS architecture is the RISC industry's most widely supported architecture. There are over 150 support tools available, including operating systems, compilers, debuggers, in-circuit emulators, evaluation boards, etc., which are provided by MIPS partners and third party companies. This industry standard infrastructure has helped to develop complete solutions with a fast time-to-market.

Licensees currently include: Broadcom Corporation; CommQuest (IBM); Integrated Device Technology, Inc. (IDT); LSI Logic Corporation; Macronix; NEC Corporation; NKK Corporation; Philips Semiconductors; Quantum Effect Design, Inc. (QED); Sony Corporation; Synova; and Toshiba Corporation. Numerous companies utilize MIPS intellectual property. MIPS Technologies, Inc. is based in Mountain View, and can be reached at 650/567-5000 or http://www.mips.com.

Note to Editors: MIPS is a registered trademark of MIPS Technologies, Inc. All other trademarks are the property of their respective companies. All press materials are available on the World Wide Web via: http://www.mips.com