MIPS Mips Technologies, Inc. (MM)

Mobile World Congress -- MIPS Technologies, Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores, and Intrinsyc Software International, Inc. (TSX:ICS), a leading provider of software solutions for mobile devices, today announced they are working together to bring 3.5G functionality to the MIPS® architecture. The companies are porting Intrinsyc's RapidRIL software to the MIPS architecture in order to accelerate mobile SoC development for MIPS licensees around the globe. At the upcoming Mobile World Congress being held February 15-18 in Barcelona, the companies plan to demonstrate 3.5G voice calls with audio and video playback on a MIPS-Based™ Android™ platform.

"Intrinsyc is widely known as a key mobile software solutions provider, and we are pleased to work with them to make 3.5G telephony on MIPS a reality," said Art Swift, vice president of marketing, MIPS Technologies. "Developing these software stacks is key to enabling our customers to bring mobile products to market fast. Thanks to our 'Android on MIPS' initiative and MIPS Technologies' compelling performance/power consumption advantages, a wide range of companies will now be able to quickly and cost-effectively build enhanced 3G mobile functionality into their devices."

"We are delighted to join the MIPS Alliance Program and work closely with MIPS Technologies to develop optimized mobile solutions for MIPS," said David Manuel, vice president and general manager, Device Development Solutions at Intrinsyc. "With the combination of the Android platform and MIPS Technologies' strength in consumer electronics, this relationship has far reaching promise. The optimized solution has the potential to bring 3.5G functionality to a number of devices such as ebook readers, personal and automotive navigation devices, portable media players, mobile internet devices (MIDs), digital photo frames and smartphones."

MIPS Technologies has long been known as the embedded processor leader in digital home products. The company is now leveraging its leadership position in high-performance processing for multimedia and networking applications, as well as its 'Android on MIPS' initiative, to expand into other high-growth markets such as mobile products. MIPS Technologies already has a number of wins in the mobile infrastructure market including femtocells, cellular basestations, WiMAX and upcoming LTE client and basestation designs. The company's processors are also used as co-processors in 3G cellphones.

About Intrinsyc Software International, Inc.

Intrinsyc enables device makers, mobile operators, and silicon vendors to accelerate delivery of innovative, mobile devices. We help our customers deliver compelling products using our unmatched expertise with the leading OS platforms including Android, Apple, Blackberry, Linux, Symbian, Windows CE and Windows Mobile.  Intrinsyc delivers Destinator, the most feature rich navigation application with the best integration for leading smartphones, including from OEMs like Motorola and LG Electronics.  Destinator is also available through leading application stores and Intrinsyc's own navigation store www.destinatornavstore.com.  Intrinsyc is publicly traded (TSX:ICS) and headquartered in Vancouver, Canada, with offices in China, Israel, Taiwan, U.K. and the United States. www.intrinsyc.com

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (Nasdaq:MIPS) is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. These include 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 Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.

MIPS and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners. Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions.

CONTACT:  MIPS Technologies

          Media Contact:

          Jen Bernier-Santarini

          +1 408-530-5178

          jenb@mips.com