MIPS Mips Technologies, Inc. (MM)

MIPS Technologies (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, and Virage Logic Corporation (Nasdaq:VIRL), the semiconductor industry's trusted IP partner, today announced they are teaming to offer optimized embedded memory IP for joint customers. With SRAM memory instances from the Virage Logic ASAP™ 90nm and SiWare™ 65GP High Density SRAM compiler families specifically optimized for MIPS32® processors, customers can speed development of complex SoCs targeted for Blu-ray DVD, HDTV, IPTV, set-top box and broadband customer premises equipment (CPE) devices.

"To support the rapidly growing consumer multimedia market, we're working with companies in the MIPS ecosystem to provide integrated solutions that help customers get to market quickly with greatly reduced system costs," said Art Swift, vice president of marketing, MIPS Technologies. "As a part of this strategy, we are pleased to team with our long-time physical IP partner Virage Logic to offer optimized memories that help customers reach performance levels simply not possible from other embedded CPU vendors at these price points."

"Virage Logic is excited to work with MIPS Technologies on yet another collaborative effort to benefit set-top box and broadband developers," said Brani Buric, executive vice president of marketing and sales at Virage Logic. "By integrating high speed instances from Virage Logic's SiWare and ASAP memories with MIPS processors, our customers can achieve a tightly-integrated, high-performance solution that accelerates chip development, helps manage cost, and shortens time-to-market."

The ASAP 90nm and SiWare 65GP SRAM instances were jointly developed by MIPS Technologies and Virage Logic for the MIPS32 4KE®, 24K®, 24KE™, 34K®, 74K® and 1004K® processor core families.

Availability

Each Virage Logic ASAP and SiWare Memory High Density SRAM instance is offered at a special price compared to a full-featured SRAM compiler. Additional instances and full featured compilers are also available. For more information on the IP available from Virage Logic, visit www.viragelogic.com or contact your local Virage Logic sales representative.

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.

About Virage Logic

Virage Logic is a leading provider of both functional and physical semiconductor intellectual property (IP) for the design of complex integrated circuits. The company's highly differentiated product portfolio includes processor solutions, interface IP solutions, embedded SRAMs and NVMs, embedded test and yield optimization solutions, logic libraries, and memory development software. As the semiconductor industry's trusted IP partner, more than 400 foundry, IDM and fabless customers rely on Virage Logic to achieve higher performance, lower power, higher density and optimal yield, as well as shorten time-to-market and time-to-volume. For further information, visit http://www.viragelogic.com.

MIPS, MIPS32, MIPS-Based, 4KE, 24K, 24KE, 34K, 74K and 1004K 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.

CONTACT: MIPS Technologies

Media Contact:

Jen Bernier-Santarini

+1 408-530-5178

jenb@mips.com

Virage Logic

Media Contact:

Sabina Burns

+1 510-743-8115

Sabina.burns@viragelogic.com