MIPS Technologies Expands Presence in Oregon's 'Silicon Forest'

Establishes New Headquarters for Rapidly Growing First Silicon Solutions Division

BEAVERTON, Ore., March 13 /PRNewswire-FirstCall/ -- 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, has expanded its growing software and tools business-significantly increasing its presence in the Greater Portland area.

The new Beaverton facility will serve as the headquarters for First Silicon Solutions, a division of MIPS Technologies and a Portland-based business since 1998. FS2, which pioneered the concept of OCI(R) (On-Chip Instrumentation), specializes in system-level debug and development tools that address the complex analysis issues and features needed for providing debug control and visibility into real-time embedded systems.

"As a long-time MIPS partner and a vital part of our organization since 2005, FS2 has set an industry standard for system-wide debug that help our customers deliver high-quality designs with confidence," said John Bourgoin, president and CEO of MIPS Technologies. "FS2 has become a critical element in our business model-helping the company provide a more compelling range of software solutions for the embedded design community."

"Over the years, we've been privileged to be an integral part of Portland's technological development and continue to attract an impressive level of local talent," said Rick Leatherman, vice president and general manager, FS2. "We're excited at the prospect of expanding our presence and to further contribute to the success of this explosive region."

About FS2

First Silicon Solutions specializes in hardware verification and debug technologies including on-chip instrumentation, custom silicon IP, development tools and design services for programming, testing and debug of embedded systems in FPGA, SoC, SOPC, ASSP and ASIC designs. FS2 provides full system solutions of IP blocks for processor, logic and complex system-level designs, along with hardware and software tools allowing improved debug and analysis at all stages in the development cycle -- from system design and verification to optimized software development. FS2 products enable silicon vendors and their customers to take their designs from "first silicon" to production faster, with a better understanding of the design performance and overall operation -- for faster time-to-market and higher quality products. For more information, contact FS2 at 503-597-5091, or visit www.fs2.com .

About MIPS Technologies

MIPS Technologies, Inc. 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(TM) 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/ .

NOTE: MIPS, First Silicon Solutions, FS2, OCI and MIPS-Based are trademarks or registered trademarks of MIPS Technologies, Inc. in the United States and other countries. All other trademarks referred to herein are the property of their respective owners.

Source: MIPS Technologies, Inc.