MIPS Press Release Feed

MIPS multi-threaded CPUs from Imagination push performance to new levels for Altair’s new LTE chipsets

Thu, 21 Mar 2013 06:00:00 EDT

SUNNYVALE, Calif. - 21 March, 2013 - Imagination Technologies (IMG.L), a leading multimedia, processor, communications and cloud technologies company, announces that two new baseband processors from Altair Semiconductor, a leading developer of high performance, single-mode LTE chipsets, are powered by MIPS CPU cores from Imagination. Altair's new FourGee^TM-3800 and FourGee^TM-3802 processors are built on the architecture of Altair's MIPS-Based Verizon-Certified FourGee-3100/6200 chipset, with enhanced features and increased performance, supporting the newest LTE standards.

Multi-threading technology within the chips enables better overall throughput, quality of service (QoS), and power/performance efficiency. The new chipsets each include multiple multi-threaded MIPS cores controlling various functions, including the high-performance 700MHz network processor subsystem.

With ultra-low active and idle power consumption, the latest LTE features and functionality and a broad set of host and peripheral interfaces, the new Altair chipsets are designed to support a range of applications including smartphones, tablets, mobile hotspots, routers and M2M. Multi-threading technology can be a particular advantage in balancing cost, performance and power for these devices, boosting performance where multiple latency-sensitive tasks must be handled simultaneously.

Eran Eshed, co-founder and VP marketing of Altair, says: "MIPS cores are at the heart of all our FourGee product families, which are gaining increasing traction across the globe. The inherent scalability and efficiency of MIPS cores, along with their compelling multi-threading technology, help us to provide the right mix of performance, features and cost. We see a great opportunity for our single-mode chipsets as carriers look to avoid the high cost of 3G and multi-mode solutions in a range of applications, including the 'internet of things,' which has the potential to achieve billions of units over the next decade. We are pleased to work with Imagination to help our customers achieve success in the market."

Says Tony King-Smith, EVP marketing, Imagination Technologies: "As LTE networks become increasingly pervasive, OEMs and carriers are looking to take advantage of the extra speed that 4G provides, while ensuring affordability for consumers across the globe. This is particularly true for IoT devices, where high-end functionality meets embedded power constraints and economics. We are delighted to continue our long relationship with Altair as it powers a new generation of LTE devices with its innovative and proven MIPS-Based solutions."

Altair's new FourGee^TM-3800 and FourGee^TM-3802 chipsets, together with a new a new radio chip - the FourGee^TM-6300 - comprise a new chipset family that includes support for LTE Release 10 features, Category 4 throughput, support for Carrier Aggregation (CA), wide frequency band span of 400-3800MHz with six concurrent LTE bands for both primary and diversity antennas for global band combinations, integrated IMS/VoLTE with support for HD-Voice, Altair's proprietary interference cancellation technology, Envelope Tracking (ET) technology, enhanced Inter-cell Interference Coordination (eICIC) and other advanced features.

About Altair Semiconductor
Altair Semiconductor is the world's leading developer of ultra-low power, small footprint and high performance 4G semiconductors. Altair's chipsets can be found in approximately 30 end-user devices - ranging from USB dongles to smartphones - built by its more than 15 customers across North America, Europe, China, India and Taiwan - making it one of the only TDD/FDD LTE chipset manufacturers in the world with commercially available products. Altair's comprehensive product portfolio includes baseband processors, multi-band RF transceivers for both FDD and TDD bands, and a range of reference hardware and product level protocol stack software. Based on a novel, proprietary Software Defined Radio (SDR) processor, codenamed "O[2]P^TM", Altair's products are the smallest and most highly power optimized in the industry, offering an unmatched combination of flexibility and performance. For more information, visit the company's website at http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi

About Imagination Technologies
Imagination Technologies - a global leader in multimedia, processor and communication technologies - creates and licenses market-leading processor solutions including graphics, video, vision, CPU & embedded processing, multi-standard communications, cross-platform V.VoIP & VoLTE and cloud connectivity. These silicon and software intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by an extensive portfolio of software, tools and ecosystems. Target markets include mobile phone, connected home consumer, mobile and tablet computing, in-car electronics, networking, telecoms, health, smart energy and connected sensors. Imagination's licensees include many of the world's leading semiconductor manufacturers, network operators and OEM/ODMs. Corporate headquarters are located in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com.

Imagination Technologies' Press Contacts:
UK: David Harold david.harold@imgtec.com +44 (0)1923 260 511

USA: Jen Bernier-Santarini jen.bernier@imgtec.com +1 408-530-5178

Altair Media Contact:
Finn Partners Israel: Matthew Krieger matthew@finnpartners.co.il +972-544-676-950

Imagination reports enthusiastic response to latest PowerVR Series6 GPUs and MIPS CPUs at MWC 2013

Wed, 06 Mar 2013 15:15:00 EST

London, 6^th March 2013: Imagination Technologies (IMG.L), a leading multimedia, processor, communications and cloud technologies company, reports that at Mobile World Congress (MWC) 2013 in Barcelona, many leading semiconductor suppliers, mobile and telecom OEMs, and key strategic ecosystem partners expressed their strong support and enthusiasm for Imagination's PowerVR graphics, video and vision roadmaps, as well as the rationale behind the recent acquisition of MIPS Technologies.

Imagination presented its premise that power consumption and thermal envelope considerations are becoming a dominant factor in mobile SoC design decisions, and how the benchmark industry, customers and partners must fully take power into consideration when assessing GPU or CPU performance.

Imagination also explained how technologies created for mobile devices, such as advanced GPUs and 4K capable video decoders and encoders, are influencing the broader consumer electronics market towards higher convergence as other devices try to catch up to phones and tablets in 'smartness'.

Says David McBrien, EVP sales and business development at Imagination:

"This was our busiest MWC ever in terms of engagements with both existing and new customers, not only feeding our sales pipeline across all our mobile technologies but showing the industry's strong interest and confidence in the roadmaps for our entire IP portfolio.

"Partnerships developed at previous MWC's have led to the strong range of products that use our technologies across the mobile and telecom segments on show throughout MWC this year, both in public and in private. We expect even more compelling results for MWC 2014 as we execute on plans developed at this year's event."

Says Tony King-Smith, EVP marketing at Imagination:

"MWC 2013 was another great event for us, with the leadership of our licensees and their customer's mobile and telecom products clearly on show throughout the event.

"It was also the first opportunity for us to show our new portfolio of MIPS processor IP and to reveal our new brand identity too. We were delighted with the overwhelmingly positive response to our latest technologies, strategies and roadmaps, and look forward to further strengthening our breadth of IP deployment and influence throughout every aspect of the mobile industry."

For the first time, Imagination demonstrated its MIPS family of processor IP alongside its market-leading PowerVR graphics, video and vision IP, innovative Ensigma communications IP, HelloSoft V.VoIP IP and Flow cloud connectivity IP solutions.

Imagination announced:

The PowerVR G6100, a new entry-level PowerVR Series6 GPU IP core which delivers the smallest area of any member of the ground-breaking PowerVR Series6 'Rogue' family and will enable mass-market adoption of OpenGL ES 3.0
Imagination's HelloSoft VoLTE solution is now available on commercial ZTE VoLTE-enabled handsets, powered by the MetroPCS 4G LTE network at Dallas MetroPCS stores
Ceragon Networks Ltd, is leveraging MIPS microprocessor cores in its latest generation of packet radio solutions - their new FibeAir IP-20C targets the unique demands of 4G/LTE-A networks, leveraging breakthrough multi-core technology that employs a parallel radio processing engine to deliver up to four times the capacity of existing solutions.

Key demonstrations at Imagination's stand included:

The latest PowerVR Series6 GPU chipsets running full OpenGL ES 3.0 demonstration applications
PowerVR Series5XT GPUs running unique OpenGL ES 2.0 extensions enabling OpenGL ES 3.0 capabilities on today's PowerVR-enabled SoCs
OpenCL and Filterscript demos showing the benefits of GPU compute for performance and power consumption for mobile devices
A growing range of highly competitive Android tablets targeting low-cost markets featuring PowerVR graphics
The latest PowerVR video decode and encode IP cores supporting the latest video standards as well as 4K Ultra-HD
Advanced cameras using early examples of forthcoming PowerVR vision IP
MIPS processors using multithreading to perform LTE advanced baseband processing, delivering a performance increase of 45% over a single-threaded platform
High performance, low cost (sub-$100) Android tablets based on MIPS processors
State of the art multiroom streaming audio solutions using Ensigma Wi-Fi and Meta Audio IP
HelloSoft voice and video over IP and LTE technologies as well as RCS (Rich Communications Services) running across multiple mobile and computing platforms

Other notable highlights from Imagination's partners at MWC 2013 include:

Numerous handsets from leading OEMs including ZTE, Huawei, Blackberry, ASUS and Lenovo, all powered by partner devices
Renesas APE6 - the first mobile apps processor SoC with PowerVR Series6 'Rogue' graphics
Intel's launch of Atom CloverTrail+ devices incorporating PowerVR SGX544MP2 graphics and PowerVR VXD & VXE video technologies
Devices based on Intel's Atom Z2420 'Lexington' smartphone processor for emerging markets, with PowerVR graphics and video
ST's highly integrated apps processor on 28nm FD-SOI featuring PowerVR graphics
MediaTek apps processors using PowerVR in an extensive range of handsets, particularly for the Chinese market
MIPS-Based products from Altair Semiconductor, Broadcom, Cavium, Ceragon Networks and others
Demonstrations from key Imagination partners including: Vadaro, Metaio, Unity, I Feel Smart, Plingm, Rightware, Renesas, SAI Technology and Ingenic Semiconductor

Reflecting its growing strength as a leading innovative supplier of a broadening portfolio of synergistic, advanced technologies being used throughout the world, Imagination also debuted its new branding at MWC 2013.

Editor's Notes

For more information about Imagination at Mobile World Congress, visit: http://www.virtualpressoffice.com/eventExhibitor.do?page=ep&showId=2332&companyId=1524

About Imagination Technologies

Imagination Technologies - a global leader in multimedia, processor and communication technologies - creates and licenses market-leading processor solutions including graphics, video, vision, CPU & embedded processing, multi-standard communications, cross-platform V.VoIP & VoLTE and cloud connectivity. These silicon and software intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by an extensive portfolio of software, tools and ecosystems. Target markets include mobile phone, connected home consumer, mobile and tablet computing, in-car electronics, networking, telecoms, health, smart energy and connected sensors. Imagination's licensees include many of the world's leading semiconductor manufacturers, network operators and OEM/ODMs. Corporate headquarters are located in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com.

Imagination Technologies' Press Contacts:

UK: David Harold david.harold@imgtec.com +44 (0)1923 260 511

USA: Jen Bernier-Santarini jen.bernier@imgtec.com +1 408-530-5178

MIPS® processor cores power Ceragon Networks’ next generation multi-core packet radio

Mon, 25 Feb 2013 00:00:00 EST

MOBILE WORLD CONGRESS, Barcelona, Spain - February 25^th, 2013 - Imagination Technologies (IMG.L), a leading multimedia, processor, communications and cloud technologies company, announces that Ceragon Networks Ltd, the #1 wireless backhaul specialist, is leveraging MIPS® microprocessor cores* in its latest generation of packet radio solutions.

Ceragon's new FibeAir® IP-20C targets the unique demands of 4G/LTE-A networks, leveraging breakthrough multi-core technology that employs a parallel radio processing engine to deliver up to four times the capacity of existing solutions.

The FibeAir IP-20C is a flexible software defined radio that can be configured for optimized performance in a wide range of cost-effective deployment scenarios, including macrocell backhaul, small-cell aggregation and emerging fronthaul applications. As a result of its high radio throughput, low latency and flexibility, the FibeAir IP-20C can address high-capacity hauling scenarios previously thought to be impractical to implement with microwave. Ceragon's innovative distributed CPU architecture, based on Imagination's multi-threaded MIPS technology, facilitates this rich functionality of the FibeAir IP-20C's radio and networking capabilities.

Says Hagai Zyss, EVP of Global Products at Ceragon: "We are delighted with the seamless integration of Imagination's MIPS CPU technology within our architecture. Their ability to support our design goals with easy-to-use, compact, low power and high computing performance is aligned with Ceragon's programmable radio technologies and is part of what enables us to deliver a solution that effectively increases existing capacity barriers and allows carriers to deliver multiple gigabits of data on a single frequency channel."

Says Tony King-Smith, EVP marketing, Imagination Technologies: "Ceragon is an innovative vertically-integrated company with impressive chip design capabilities. We are delighted that it has selected MIPS as a CPU architecture of choice for its FibeAir IP-20C. The MIPS architecture is leveraged broadly across wireless and cellular infrastructure equipment, in applications ranging from mobile radio access applications such as IP backhaul, femtocells, picocells and macrocells to WLAN applications such as residential and enterprise access points and routers. Its scalable, high-performance, low-power and cost-effective design make MIPS an ideal fit for these and a wide range of other applications."

Mobile network carriers today must handle a massive amount of data traffic, driven largely by growth in consumer usage of services such as streaming video and online gaming. According to the February 2013 Cisco VNI Global Mobile Data Traffic Forecast, by 2017 global mobile data traffic will reach 11.2 exabytes per month, or a run rate of 134 exabytes annually. The forecast also points out that video will account for 66 percent of global mobile data traffic by 2017.**

To address the surge in capacity demand, carriers are adopting new technologies such as 4G/LTE-A, C-RAN, and small cells, which have given rise to heterogeneous networks (HetNets). The FibeAir IP-20C is the first implementation of Ceragon's Holistic HetNet Hauling (3H) vision, which aims to organize wireless backhaul and fronthaul requirements into a comprehensive network solution that can be easily deployed, operated and maintained.

Editors Notes

*MIPS is now part of the Imagination Technologies Group.

**Source: Cisco Visual Networking Index [or VNI] Global Mobile Data Forecast, 2012-2017

For more information about Imagination's MIPS processors at Mobile World Congress, visit http://www.virtualpressoffice.com/eventExhibitor.do?page=ep&showId=2332&companyId=1524

MIPS, MIPS32, 34K, interAptiv and MIPS-Based are trademarks or registered trademarks in the United States and other countries of Imagination Technologies or its subsidiaries.

Ceragon Networks® and FibeAir® are trademarks of Ceragon Networks Ltd., registered in the United States and other countries. CERAGON ® is a trademark of Ceragon Networks Ltd., registered in various countries. Other names mentioned in this publication are owned by their respective holders.

About Ceragon Networks Ltd.

Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We provide innovative, flexible and cost-effective wireless backhaul solutions that enable mobile operators and other wired/wireless service providers to deliver 2G/3G, 4G/LTE and other broadband services to their subscribers. Ceragon's high-capacity, solutions use microwave technology to transfer voice and data traffic while maximizing bandwidth efficiency, to deliver more capacity over longer distances under any deployment scenario. Based on our extensive global experience, Ceragon delivers turnkey solutions that support service provider profitability at every stage of the network lifecycle enabling faster time to revenue, cost-effective operation and simple migration to all-IP networks. As the demand for data pushes the need for ever-increasing capacity, Ceragon is committed to serve the market with unmatched technology and innovation, ensuring effective solutions for the evolving needs of the marketplace. Our solutions are deployed by more than 430 service providers in over 130 countries.

About Imagination Technologies

LTE and LTE advanced baseband processing get performance boost from MIPS® multi-threaded cores

Mon, 25 Feb 2013 00:00:00 EST

MOBILE WORLD CONGRESS, Barcelona, Spain - 25^th February 2013 - Imagination Technologies (IMG.L), a leading multimedia, processor, communications and cloud technologies company, announces that its multi-threaded MIPS®* processor cores show significant performance benefits compared to single-threaded platforms for LTE baseband processing in user equipment (UE) such as mobile handsets and tablets. Results were achieved on reference platforms for both LTE and LTE Advanced, which will be demonstrated at Mobile World Congress, being held February 25 - 28, in Barcelona, Spain.

Leveraging the power-efficient MIPS multi-threaded cores, Imagination and SAI Technology achieved a performance increase of 45% over a single-threaded platform when executing SAI's LTE Advanced software stacks on SMP Linux**. As the next major milestone in LTE evolution, LTE Advanced signifies a dramatic increase in network capacity and considerably higher data rates enabling high bandwidth, media-rich services to be delivered to residential and business/enterprise users. Designers of next-generation systems such as picocells, femtocells and advanced handsets can leverage the MIPS-Based^TM multi-threaded solution-which supports new LTE Advanced Release 10 features including carrier aggregation, as well as MIMO, EMBMS and Voice-over-LTE (VoLTE)-to build high-performance, low-power products.

Imagination is also teaming up with SAI and Mentor Graphics to create an integrated multi-threaded solution for 4G LTE. The solution will include multi-threaded MIPS processor cores, the popular Mentor Nucleus® VSMP Real Time Operating System (RTOS) and LTE software stacks from SAI that are optimized to take advantage of multi-threading. For LTE systems such as dongles, smartphones, tablets, and high-volume embedded devices within the 'Internet of Things,' the MIPS-Based multi-threaded solution can enable designers to build products with advanced real-time capabilities, low power consumption, and high performance.

Both the LTE and LTE Advanced reference platforms highlight the benefits and feasibility of integrating the solution elements into production 4G systems. Imagination's proven multi-threaded MIPS processors, including the popular MIPS® 34K^TM core and the latest generation interAptiv^TM multiprocessor, are available for licensing today. Designers can get a head start on creating a broad range of highly performance-efficient LTE systems by leveraging multi-threaded MIPS cores together with SAI's verified software stacks for LTE and LTE Advanced Systems, as well as industry-standard SMP Linux and Mentor Graphics' Nucleus RTOS. Companies can also benefit from the scalability of the solutions, leveraging common tools and architecture for development across a wide range of mobile and wireless systems.

Demonstrations at Mobile World Congress

At Mobile World Congress, Imagination will demonstrate the performance advantages for both LTE and LTE Advanced systems. To schedule an appointment, contact mwc@imgtec.com.

For more information about Imagination's MIPS processors at Mobile World Congress, visit http://www.virtualpressoffice.com/eventExhibitor.do?page=ep&showId=2332&companyId=1524

Supporting Quotes

"We have always understood the unique benefits of hardware multi-threading for mobile and wireless applications. Indeed, that was one of the attractions that MIPS offered Imagination. Thanks to our partnerships with SAI and Mentor, we can now demonstrate how this translates into competitive advantage for LTE systems. These solutions are showpieces for the performance efficiency of the MIPS architecture."

-Tony King-Smith, EVP marketing, Imagination Technologies

"Embedded developers can achieve gains in system performance at a much lower cost with the combination of Imagination's multi-threaded MIPS processors, SAI's LTE protocol stacks, and Mentor's Nucleus RTOS. We see particularly exciting opportunities for this combined solution as internet connectivity spreads to everyday devices and LTE becomes standard across many embedded IoT devices. With Nucleus, developers can take advantage of advanced power management capabilities from one of the most highly deployed real-time operating systems in the industry."

-Scot Morrison, general manager of Embedded Runtime Solutions at Mentor Graphics

"As OEMs continuously look for ways to differentiate and get products to market more quickly, we are pleased to work with Imagination and Mentor to show how companies can attain differentiation through the performance and efficiency benefits of multi-threading, and also to deliver proven reference platforms to enable them to quickly create next-generation LTE systems."

-Dr. Venkat Rayapati, CEO, SAI Technology, Inc.

About the Mentor Nucleus RTOS

Used in more than 2.3 billon mobile handsets, the Mentor® Embedded Nucleus product is a proven, highly efficient, and reliable operating system. The Nucleus RTOS delivers high performance while optimizing resource usage in a single-OS or multi-OS platform. Built with a framework for high efficiency and power management, the Nucleus RTOS is ideal for memory resource-constrained devices and for systems where maximizing cycles-per-watt to conserve power is critical. For further information on the new Nucleus-based technologies, visit the company website at www.mentor.com/nucleus.

About SAI's LTE and LTE Advanced Protocol Stacks

SAI's LTE UE and eNB small cell proven and third party IOT tested protocol stacks comply with the latest LTE and LTE Advanced specifications, and are customizable for OEMs' specific needs. 3GPP compliant stacks are performance optimized for layer 2, layer 3 and application layers, enabling uplink and downlink data rates supporting Cat-1 to Cat-4 and higher. The SAI LTE Protocol Stack Architecture is designed to be modular, scalable and portable to different hardware platforms, and multiple operating systems (Linux, Nucleus, Android, Vx Works) with low CPU utilization and small memory footprint. SAI provides design services and customization for porting, integration, IOT, customization to build LTE products for customers. SAI provides LTE UE and eNB small cell PHY, protocol stacks and radios to enable complete system products.

Editors Notes

*MIPS is now part of the Imagination Technologies Group.

**Performance scaling for the UE platform was measured on the miniature LTE-Advanced network test bed by comparing total throughput (uplink plus downlink traffic) on one thread/VPE versus total throughput on 2 threads/VPEs when running the SAI stacks. Traffic was comprised of a mix of video, voice and data as generated by video servers, VoIP phones and network traffic generators.

MIPS, MIPS32, 34K, interAptiv and MIPS-Based are trademarks or registered trademarks in the United States and other countries of Imagination Technologies or its subsidiaries. All other trademarks referred to herein are the property of their respective owners.

About Imagination Technologies

MIPS Stockholders to Receive $8.01 in Aggregate
Net Proceeds from Recapitalization and Merger

Tue, 05 Feb 2013 16:30:00 EST

SUNNYVALE, Calif., February 5, 2013 - MIPS Technologies, Inc. (Nasdaq: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, today announced that each holder of MIPS common stock will receive $6.21 in cash and 0.226276 shares of MIPS' common stock in the previously announced proposed recapitalization.

As a result, the aggregate net proceeds to each holder of MIPS common stock, following the consummation of the previously announced proposed patent sale transaction with Bridge Crossing, LLC, the proposed recapitalization and the proposed acquisition by Imagination Technologies Group plc (LSE: IMG) (in which each share of MIPS' common stock, after giving effect to the patent sale and recapitalization, will receive merger consideration equal to $1.80 per share) has increased to $8.01 (U.S.) per share in cash.

The transactions remain subject to MIPS stockholder approval and other customary closing conditions. The MIPS annual meeting of stockholders to approve the transactions has been scheduled for February 6, 2013.

J.P. Morgan is acting as exclusive financial advisor to MIPS, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (Nasdaq: MIPS) is a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications. The MIPS architecture powers some of the world's most popular products including over 700 million units in our most recent fiscal year. Our technology is broadly used in products such as digital televisions, set-top boxes, Blu-ray players, broadband customer premises equipment (CPE), WiFi access points and routers, networking infrastructure and portable/mobile communications and entertainment products. Founded in 1998, MIPS is headquartered in Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.

Additional Information and Where You Can Find It

This communication may be deemed to be solicitation material in respect of the proposed patent sale transaction between MIPS and Bridge Crossing, and the proposed merger transaction between MIPS and Imagination Technologies. In connection with the proposed transactions, MIPS has filed a definitive proxy statement and other relevant materials with the SEC. The proxy statement and other relevant materials, and any other documents to be filed by MIPS with the SEC, may be obtained free of charge at the SEC's website at www.sec.gov or from MIPS' website at www.mips.com or by contacting MIPS Investor Relations at: ir@mips.com. Investors and security holders of MIPS are urged to read the proxy statement and the other relevant materials before making any voting or investment decision with respect to the proposed transactions because they will contain important information about the transactions and the parties to the transactions.

MIPS and its executive officers, directors, other members of its management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from MIPS' stockholders in favor of the proposed transactions. A list of the names of MIPS' executive officers and directors and a description of their respective interests in MIPS are set forth in the definitive proxy statement for MIPS' 2012 Annual Meeting of Stockholders, MIPS' 2012 Annual Report on Form 10-K and Amendment No. 1 and Amendment No. 2 thereto, in any documents subsequently filed by its directors and executive officers under the Securities Exchange Act of 1934, as amended, and other relevant materials filed with the SEC in connection with the transactions when they become available. Certain executive officers and directors of MIPS have interests in the proposed transaction that may differ from the interests of stockholders generally, including benefits conferred under retention, severance and change in control arrangements and continuation of director and officer insurance and indemnification. These interests and any additional benefits in connection with the proposed transactions are described in the definitive proxy statement relating to the transactions.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that may be deemed to be forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on MIPS and its Board of Directors' current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in these statements. These statements include the statements regarding the ability to complete the transactions considering the various closing conditions and the other statements regarding the proposed transaction. Any statements that are not statements of historical fact (including statements containing the words "believes," "should," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, actual outcomes and results may differ materially from what is expressed herein. The following factors, among others, could cause actual results to differ materially from those described in any forward-looking statements: failure of the MIPS stockholders to approve the proposed transactions with Bridge Crossing and Imagination Technologies; failure of the MIPS stockholders to approve the recapitalization; the challenges and costs of closing the transactions with Bridge Crossing and Imagination Technologies; the ability to retain key employees; and other economic, business, competitive, and/or regulatory factors affecting the businesses of MIPS or Imagination Technologies generally, including those set forth in the filings of MIPS with the Securities and Exchange Commission, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of MIPS annual reports on Form 10-K, including any amendments thereto, and quarterly reports on Form 10-Q, MIPS current reports on Form 8-K and other SEC filings. MIPS is under no obligation to (and expressly disclaims any such obligation to) update or alter any forward-looking statements as a result of developments occurring after the date of this press release.

# # #

MIPS and MIPS-Based are trademarks or registered trademark of MIPS Technologies, Inc. in the United States and other countries. All other trademarks referred to herein are the property of their respective owners.

MIPS Technologies Reports Second Quarter Fiscal 2013 Financial Results

Wed, 30 Jan 2013 16:20:00 EST

SUNNYVALE, Calif. - January 30, 2013 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, today reported consolidated financial results for its second fiscal quarter of 2013 ended December 31, 2012. All financial results are reported in U.S. GAAP unless otherwise noted.

Summary Second Quarter Fiscal 2013 Financial Metrics:

Revenue was $14.6 million
Licensee royalty units grew to 194 million units from 182 million units in Q1 '13
GAAP net loss was $6.4 million or $0.12 per share; non-GAAP net loss was $0.5 million or $0.01 per share
Cash and investment balances ended the quarter at $131.3 million

Transaction Update

As previously announced, on November 5, 2012, MIPS entered into a patent sale agreement with Bridge Crossing, LLC ("Bridge Crossing"), an acquisition vehicle of Allied Security Trust ("AST"), and a merger agreement with Imagination Technologies Group plc (LSE: IMG) ("Imagination"), with anticipated net proceeds of approximately $7.31 per share in cash to each holder of MIPS common stock. On December 9, 2012, MIPS entered into an amendment to its merger agreement with Imagination that increased the purchase price being paid by Imagination to $80 million and removed the conditions to closing requiring the approval of the Committee on Foreign Investment in the United States and that MIPS is not a real property holding corporation. As a result of the amendment, the net proceeds to each holder of MIPS common stock following the consummation of the proposed patent sale transaction with Bridge Crossing, the proposed recapitalization and the proposed merger, increased to approximately $7.64 per share in cash. On December 16, 2012, MIPS entered into a second amendment to its merger agreement with Imagination that increased the purchase price being paid by Imagination to $100 million. As a result of the amendment, the net proceeds to each holder of MIPS common stock, following the consummation of the proposed patent sale transaction with Bridge Crossing, the proposed recapitalization and the proposed merger, increased to approximately $7.94 per share in cash.

Both the patent sale transaction and the merger transaction are subject to customary closing conditions, including the approval of MIPS Technologies' shareholders, who will vote separately on each of the transactions and the recapitalization. Approval of the patent sale transaction is not subject to stockholder approval of the Imagination merger transaction. The merger is subject to stockholder approval of the patent sale transaction and the recapitalization. The proceeds of the transactions, which are subject to a fixed holdback of approximately $100 million to cover tax and other liabilities, will be distributed to MIPS' stockholders on a pro-rata basis through a recapitalization of MIPS common stock. MIPS expects the transactions to close during the month of February 2013.

For more information on the proposed transactions, please visit www.mips.com/company/investor-relations/.

Conference Call and Webcast

In light of the pending transactions with Bridge Crossing and Imagination, MIPS will not conduct an investor conference call or webcast following the release of this earnings information, nor provide financial guidance. To access the Company's first quarter results and other financial information, please visit www.mips.com/company/investor-relations/.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications. The MIPS architecture powers some of the world's most popular products. Our technology is broadly used in products such as digital televisions, set-top boxes, Blu-ray players, broadband customer premises equipment (CPE), WiFi access points and routers, networking infrastructure and portable/mobile communications and entertainment products. 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.

Additional Information and Where You Can Find It

This communication may be deemed to be solicitation material in respect of the proposed transactions between MIPS and Bridge Crossing, and MIPS and Imagination. In connection with the proposed transactions, MIPS has filed a definitive proxy statement and other relevant materials with the SEC. The proxy statement and other relevant materials, and any other documents to be filed by MIPS with the SEC, may be obtained free of charge at the SEC's website at www.sec.gov or from MIPS' website at www.mips.com or by contacting MIPS Investor Relations at: ir@mips.com. Investors and security holders of MIPS are urged to read the proxy statement and the other relevant materials before making any voting or investment decision with respect to the proposed transactions because they will contain important information about the transactions and the parties to the transactions.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that may be deemed to be forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on MIPS' and its Board of Directors' current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in these statements. These statements include the statements regarding the ability to complete the transactions considering the various closing conditions and the other statements regarding the proposed transactions. Any statements that are not statements of historical fact (including statements containing the words "believes," "should," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, actual outcomes and results may differ materially from what is expressed herein. The following factors, among others, could cause actual results to differ materially from those described in any forward-looking statements: actions and decisions of the respective boards of directors of MIPS, Bridge Crossing and Imagination following their respective evaluations of each other's further actions; the impact of actions of other parties with respect to any discussions and the potential consummation of the proposed transactions with Bridge Crossing and Imagination; the commencement or results of litigation relating to the discussions or to the proposed transactions with Bridge Crossing and Imagination; failure of the MIPS stockholders to approve the proposed transactions with Bridge Crossing and Imagination; the challenges and costs of closing the transactions with Bridge Crossing and Imagination; the ability to retain key employees; and other economic, business, competitive, and/or regulatory factors affecting the businesses of MIPS or Imagination Technologies generally, including those set forth in the filings of MIPS with the Securities and Exchange Commission, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of MIPS annual reports on Form 10-K, including any amendments thereto, and quarterly reports on Form 10-Q, MIPS current reports on Form 8-K and other SEC filings. MIPS is under no obligation to (and expressly disclaims any such obligation to) update or alter any forward-looking statements as a result of developments occurring after the date of this press release.

MIPS and MIPS-Based are trademarks or registered trademark of MIPS Technologies, Inc. in the United States and other countries.

MIPS TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

	December 31, 2012	June 30, 2012
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$131,299	$76,242
Short-term investments	-	34,642
Accounts receivable, net	1,068	27,044
Prepaid expenses and other current assets	2,985	1,793
Total current assets	135,352	139,721
Equipment, furniture and property, net	3,214	2,892
Goodwill	565	565
Other assets	10,591	11,962
Total assets	$149,722	$155,140
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$1,619	$2,578
Accrued liabilities	13,093	11,852
Deferred revenue	769	1,259
Total current liabilities	15,481	15,689
Long-term liabilities	8,874	9,815
Stockholders' equity	125,367	129,636
Total liabilities and stockholders' equity	$149,722	$155,140

MIPS TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

(unaudited)

	Three Months Ended December 31,		Six Months Ended December 31,
	2012	2011	2012	2011
Revenue:
Royalties	$10,751	$13,224	$21,224	$26,203
License and contract revenue	3,840	2,077	7,310	6,315
Total revenue	14,591	15,301	28,534	32,518
Costs and expenses:
Cost of sales	332	344	694	605
Research and development	9,031	8,278	17,329	16,184
Sales and marketing	4,141	3,892	8,566	8,723
General and administrative	5,478	3,339	11,044	6,603
Transaction related costs	1,918	-	1,918	-
Total costs and expenses	20,900	15,853	39,551	32,115
Operating income (loss)	(6,309)	(552)	(11,017)	403
Other income, net	52	14	60	67
Income (loss) before income taxes	(6,257)	(538)	(10,957)	470
Provision (benefit) for income taxes	130	434	(244)	919
Net loss	$(6,387)	$(972)	$(10,713)	$(449)
Net loss per share, basic	$(0.12)	$(0.02)	$(0.20)	$(0.01)
Net loss per share, diluted	$(0.12)	$(0.02)	$(0.20)	$(0.01)
Common shares outstanding, basic	54,109	52,886	53,904	52,773
Common shares outstanding, diluted	54,109	52,886	53,904	52,773

MIPS TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

(In thousands)

	Six Months Ended December 31,
	2012	2011
Operating activities:
Net loss	$(10,713)	$(449)
Adjustments to reconcile net loss to cash provided by operations
Depreciation	724	471
Stock-based compensation	3,762	2,953
Excess tax benefits from stock-based compensation	(168)	-
Amortization of intangible assets	340	252
Amortization of investment premium, net	164	265
Other non-cash charges	124	139
Changes in operating assets and liabilities:
Accounts receivable	25,976	1,500
Prepaid expenses	(1,260)	(230)
Other assets	1,459	791
Accounts payable	(1,074)	(613)
Accrued liabilities	1,283	(3,620)
Deferred revenue	(572)	(488)
Long-term liabilities	(1,196)	53
Net cash provided by operating activities	18,849	1,024
Investing activities:
Purchases of marketable securities	(16,857)	(22,588)
Proceeds from sales of marketable securities	27,032	2,613
Proceeds from maturities of marketable securities	24,419	26,000
Capital expenditures	(966)	(659)
Net cash provided by investing activities	33,628	5,366
Financing activities:
Net proceeds from issuance of common stock	2,410	1,269
Excess tax benefits from stock-based compensation	168	-
Net cash provided by financing activities	2,578	1,269
Effect of exchange rates on cash	2	(32)
Net increase in cash and cash equivalents	55,057	7,627
Cash and cash equivalents, beginning of period	76,242	69,202
Cash and cash equivalents, end of period	$131,299	$76,829

MIPS TECHNOLOGIES, INC.

RECONCILIATION OF GAAP TO NON-GAAP NET INCOME (LOSS) and
NET INCOME (LOSS) PER SHARE

(In thousands, except per share data)

(unaudited)

		Three Months Ended December 31, 2012	Three Months Ended September 30, 2012	Three Months Ended December 31, 2011
	GAAP net loss	$(6,387)	$(4,326)	$(972)
	Net loss per basic share	$(0.12)	$(0.08)	$(0.02)
	Net loss per diluted share	$(0.12)	$(0.08)	$(0.02)
(a)	Stock-based compensation expense	1,898	1,864	1,412
(b)	Severance adjustment	-	44	49
(c)	Expenses related to stockholder activities	-	-	158
(d)	Expenses related to strategic opportunities	2,046	1,934	-
(e)	Transaction related costs	1,918	-	-
	Non-GAAP net income (loss)	$(525)	$(484)	$647
	Non-GAAP net income (loss) per basic share	$(0.01)	$(0.01)	$0.01
	Non-GAAP net income (loss) per diluted share	$(0.01)	$(0.01)	$0.01
	Common shares outstanding - basic	54,109	53,699	52,886
	Common shares outstanding - diluted	54,109	53,699	53,658

These adjustments reconcile the Company's GAAP results of operations to the reported non-GAAP results of operations. The Company believes that presentation of net loss and net loss per share excluding stock-based compensation expense, severance adjustment, expenses related to stockholder activities, expenses related to strategic opportunities, and transaction related costs provides meaningful supplemental information to investors, as well as management, that is indicative of the Company's ongoing operating results and facilitates comparison of operating results across reporting periods. The Company uses these non-GAAP measures when evaluating its financial results as well as for internal planning and budgeting purposes. These non-GAAP measures should not be viewed as a substitute for the Company's GAAP results, and may be different than non-GAAP measures used by other companies.

(a) This adjustment reflects the stock-based compensation expense. For the second quarter of fiscal 2013 ending December 31, 2012, $1.9 million stock-based compensation expense was allocated as follows: $710,000 to research and development, $434,000 to sales and marketing and $754,000 to general and administrative. For the first quarter of fiscal 2013 ending September 30, 2012, $1.9 million stock-based compensation expense was allocated as follows: $683,000 to research and development, $499,000 to sales and marketing and $682,000 to general and administrative. For the second quarter of fiscal 2012 ending December 31, 2011, $1.4 million stock-based compensation expense was allocated as follows: $532,000 to research and development, $239,000 to sales and marketing and $641,000 to general and administrative.
(b) This adjustment reflects the severance to the Company's former executives. For the first quarter of fiscal 2013 ending September 30, 2012, $44,000 was allocated to general and administrative. For the second quarter of fiscal 2012 ending December 31, 2011, $49,000 was allocated to general and administrative.
(c) This adjustment reflects the expenses in response to our activities and inquiries of Starboard Value LP allocated to general and administrative.
(d) This adjustment reflects the expenses incurred in connection with the Company's exploration of options related to patent monetization and other opportunities for increasing shareholder value prior to the announcement of the transaction on November 5, 2012, allocated to general and administrative.
(e) This adjustment reflects the transaction related costs primarily consisting of legal, banking fees and other professional charges subsequent to the announcement of the transaction on November 5, 2012.

MIPS TECHNOLOGIES, INC.

RECONCILIATION OF GAAP TO NON-GAAP NET INCOME (LOSS) and
NET INCOME (LOSS) PER SHARE

(In thousands, except per share data)

(unaudited)

		Six Months Ended December 31, 2012	Six Months Ended December 31, 2011
	GAAP net loss	$(10,713)	$(449)
	Net loss per basic share	$(0.20)	$(0.01)
	Net loss per diluted share	$(0.20)	$(0.01)
(f)	Stock-based compensation expense	3,762	2,953
(g)	Severance adjustment	44	361
(h)	Expenses related to stockholder activities	-	423
(i)	Expenses related to strategic opportunities	3,980	-
(j)	Transaction related costs	1,918	-
	Non-GAAP net income (loss)	$(1,009)	$3,288
	Non-GAAP net income (loss) per basic share	$(0.02)	$0.06
	Non-GAAP net income (loss) per diluted share	$(0.02)	$0.06
	Common shares outstanding - basic	53,904	52,773
	Common shares outstanding - diluted	53,904	53,702

(f) This adjustment reflects the stock-based compensation expense. For the six months ending December 31, 2012, $3.8 million stock-based compensation expense was allocated as follows: $1.4 million to research and development, $933,000 to sales and marketing and $1.4 million to general and administrative. For the six months ending December 31, 2011, $3.0 million stock-based compensation expense was allocated as follows: $995,000 to research and development, $735,000 to sales and marketing and $1.2 million to general and administrative.
(g) This adjustment reflects the severance to the Company's former executives. For the six months ending December 31, 2012, $44,000 was allocated to general and administrative. For the six months ending December 31, 2011, $361,000 was allocated as follows: $312,000 to sales and marketing and $49,000 to general and administrative.
(h) This adjustment reflects the expenses in response to our activities and inquiries of Starboard Value LP allocated to general and administrative.
(i) This adjustment reflects the expenses incurred in connection with the Company's exploration of options related to patent monetization and other opportunities for increasing shareholder value prior to the announcement of the transaction on November 5, 2012 allocated to general and administrative.
(j) This adjustment reflects the transaction related costs primarily consisting of legal, banking fees and other professional charges subsequent to the announcement of the transaction on November 5, 2012.

MIPS Technologies' Aptiv™ Generation of Microprocessor Cores Named "Best Processor IP of 2012" by The Linley Group

Tue, 22 Jan 2013 09:00:00 EST

SUNNYVALE, Calif. - January 22, 2013 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, announced today that its Aptiv™ generation of microprocessor cores has received the award for "Best Processor IP of 2012" from The Linley Group in the analyst firm's annual Analysts' Choice Awards.

The Analysts' Choice Awards recognize the top products in several processor and technology categories including embedded, mobile, PC, server, IP cores and related technology. Linley Group analysts are deeply familiar with all of the leading processor products, having written about them for Microprocessor Report over the course of the past year. Winners were selected based on performance, power, features and cost, as appropriate for their target applications.

The Aptiv generation of 32-bit microprocessor cores, including the ultra high-performance proAptiv™ family, multi-threaded interAptiv™ family, and highly-efficient microAptiv™ family, offer three distinct performance levels to enable innovative development across a broad range of home entertainment, networking, mobile and embedded applications.

"MIPS earned this award for accomplishing a top-to-bottom upgrade of its CPU IP portfolio to address rapidly changing markets spanning virtually every processor category. We are particularly impressed with the proAptiv core-the crown jewel of the Aptiv generation-for achieving certified CoreMark scores that exceed the expected scores of the competition's top-line 64-bit licensable IP. We evaluated numerous candidates across the spectrum of processor IP, and our analysts agreed that 2012 was the year for MIPS," said J Scott Gardner, senior analyst, The Linley Group / Microprocessor Report.

"We are honored to receive the recognition of 'Best Processor IP of 2012,' particularly when being evaluated alongside other impressive technologies, and by a firm as reputable as The Linley Group," said Gideon Intrater, vice president of marketing, MIPS Technologies. "The Aptiv generation signifies a new era of innovation for the MIPS architecture, providing high-performance, power-efficient and cost-effective options for a broad range of next generation applications. With Aptiv cores, we are enabling our customers to differentiate and excel in an increasingly competitive market

About the Aptiv Generation of Microprocessors

MIPS' Aptiv generation of microprocessor cores, including the proAptiv, interAptiv and microAptiv families, offer three distinct performance levels for home entertainment, mobile, networking and embedded applications. With leading high-end CPU performance/power efficiency, the proAptiv core is ideal for connected consumer electronics devices. It achieves the top published CoreMark/MHz score for licensable IP cores-offering elite performance in considerably smaller area than the competition. The multi-threaded interAptiv core is ideal for applications with tight power and cost constraints, delivering leading performance efficiency in its class. The highly-efficient microAptiv core achieves the highest CoreMark/MHz score among microcontroller (MCU) class cores and adds DSP acceleration and security for cost-sensitive MCU/embedded processor designs. For more information, visit www.mips.com/aptiv.

About MIPS Technologies, Inc.

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MIPS, MIPS-Based, Aptiv, interAptiv, microAptiv and proAptiv 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.

MIPS Highlights Extensive Connected Entertainment Ecosystem for Android™ and More at CES

Mon, 07 Jan 2013 09:00:00 EST

INTERNATIONAL CES, LAS VEGAS, Nev. - January 7, 2013 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, today announced its lineup of technology and product demonstrations planned for International CES, being held January 8 - 11, 2013.

Demonstrations in the MIPS Technologies suite at CES are based on a number of new collaborations, including those with iWedia, a leading provider of integrated software solutions for television, including IP and related integration services; Myriad Group AG, the company powering billions of rich mobile social and web experiences on any connected device, and numerous others.

Ecosystem and Technology Highlights:

iWedia's Android4TV solution, an open extension to the Android™ framework that natively integrates DTV services for European consumer electronics, enabling full end-user experience of traditional Digital Video Broadcast (DVB) services such as TTX, EPG, MHEG, HbbTV and CI+; MIPS will demonstrate interactive functionality such as second-screen related content viewing, channel previews, content-aware search capabilities and more
Myriad's Connect & Share, software that allows subscribers to share protected premium content with DTCP-IP between any device connected to the home network, including MIPS-Based^TM tablets, smartphones, DTVs, set-top boxes (STBs), game consoles and Blu-ray™ players
Myriad's Alien Vue, software that enables Android applications to run on set-top-boxes (STBs) and DTVs alongside existing TV functions - Alien Vue provides STB or DTV manufacturers a complete end-to-end ecosystem that requires no additional hardware, and works seamlessly with mobile phones and tablets
Applications and games running on MIPS-Based devices, including Opera Software's new Opera TV Store, Gameloft games including Let's Golf! 3 HD+, Hero of Sparta HD+, and UNO™ HD, Marmalade games including Feed the Frog, Rolly Poly, Coconut Dodge, Space Tap and Tonga, plus apps and content from Antix and more
YoYo Games' GameMaker: Studio™ MIPS™ Edition, an exclusive version of YoYo Games' popular 2D development suite for game developers, created by YoYo Games for MIPS-Based devices
Microchip Technology's MIPS-Based 32-bit PIC32 GUI Development Board with Projected Capacitive (PCAP) Touch, a multi-touch platform that enables designers to develop cost-effective graphical user interfaces (GUIs) with touch, for a broad range of home appliance, automotive, industrial and media applications
SAI Technology's multi-threaded LTE baseband stack for mobile user equipment, harnessing the power of MIPS' multi-threaded CPUs to scale performance in video streaming applications over a mobile radio access network

MIPS-Based Product Highlights:

The new MIPS-Based JZ4780 SoC from Ingenic Semiconductor, offering high performance, advanced graphics and other new functionality, along with ultra-low power consumption; MIPS and Ingenic will demonstrate the JZ4780 in a new 10" Android 4.1 'Jelly Bean' tablet
iPPea TV, a MIPS-Based Android 4.0 dongle that brings the new Android experience to any HDMI-enabled DTV, highlighting platform extensions as well as a new TV-centric GUI developed using the FancyPants® multimedia framework from Fluffy Spider Technologies
New MIPS-Based home entertainment products including the Slingbox® 350, the PlayStation® Nasne, a VIZIO CinemaWide® HDTV, and numerous other MIPS-Based digital home, networking and mobile products
New commercially available Android set-top boxes from Korea's InnoPia Technologies, Inc.-leveraging MIPS-Based SoCs from Sigma Designs and Broadcom
A Bluetooth demo highlighting the audio capabilities of the MIPS-Based T7 tablet from Philips

Demonstrations at International CES

To schedule a demonstration at CES, contact info@mips.com.

To obtain images and additional information, visit the MIPS Technologies Media Center for CES at http://www.mips.com/news-events/CES2013/.

Supporting Quotes

"Today's consumers expect their internet-connected devices to interact with one another, serve as complementary second screens and seamlessly share content, including paid content. As a leading provider of processors for home entertainment devices including DTVs and set-top boxes, with a growing presence in mobile, it is important to MIPS that we deliver the next-generation solutions that will enable our licensees to offer an advanced consumer experience," said Gideon Intrater, vice president of marketing, MIPS Technologies.

"Consumers want to share and access all of their content between their home entertainment devices, including protected content for which they pay a premium. Myriad's Connect & Share solution lets them do just that. We are pleased to continue our long relationship with MIPS by offering this new solution that can deliver a seamless content-centric experience to consumers," said Ed Zylka, SVP and general manager - device and connected home solutions, Myriad.

"iWedia is delighted to work with MIPS Technologies to deliver greater interactive functionality to MIPS-Based Android home entertainment devices. With our market-proven Android4TV technology and broadcast TV stacks, iWedia is focused on bringing programmability to consumer electronics devices in the living room, and not forgetting their main purpose - watching TV. Given MIPS' pervasive presence in the home entertainment market, it was an obvious choice to optimize our solution for MIPS," said Nikola Teslic, chief technology officer, iWedia.

About MIPS Technologies, Inc.

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

Highly-Integrated MIPS-Based™ SoC from Ingenic Sets New Performance Point for Power-Efficient and Affordable Devices

Fri, 04 Jan 2013 09:00:00 EST

INTERNATIONAL CES, LAS VEGAS, Nev. - January 4, 2013 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, and Ingenic Semiconductor, a leading China-based CPU provider for mobile multimedia applications, today introduced the JZ4780, a new highly integrated MIPS-Based^TM SoC from Ingenic. The affordable dual-core JZ4780 SoC offers high performance, advanced graphics and other new functionality, along with ultra-low power consumption. MIPS and Ingenic will demonstrate the JZ4780 in a new 10" Android^TM 4.1 'Jelly Bean' tablet during International CES, being held January 8 - 12, 2013.

JZ4780 SoC Highlights:

1.3GHz+ SoC sets new performance point for power-efficient and affordable devices
Leverages Ingenic's MIPS-Based XBurst^TM processor, with an innovative high-performance and ultra-low power pipelining architecture that consumes approximately 140mW per GHz under full load
At approximately 30mm² die size in 40nm, the JZ4780 provides a low-cost solution for consumer electronics products
Features a video processing unit (VPU) powered by a second XBurst processing engine for advanced 1080p HD video performance
Highly-integrated SoC includes HDMI, LVDS, audio codec, GPS baseband, and other analog/application blocks and rich interconnect interfaces plus sophisticated PowerVR^TM SGX Series5 graphics IP from Imagination Technologies

Demonstration on New Ingenic Tablet at International CES

At CES, MIPS and Ingenic will showcase the JZ4780 SoC in a new 10" tablet reference design developed by Ingenic. Ingenic will also demonstrate a version of the tablet that includes embedded LTE functionality from Altair Semiconductor, with Altair's MIPS-Based FourGee^TM chipset. To schedule a demonstration during CES, contact info@mips.com.

To obtain images and additional information, visit the MIPS Technologies Media Center for CES at http://www.mips.com/news-events/CES2013/.

Availability

The XBurst CPU and new JZ4780 SoC are available now from Ingenic. For more information, visit http://en.ingenic.cn/ or contact marketing@ingenic.cn.

Supporting Quotes

"We congratulate Ingenic on its latest accomplishment with the highly competitive JZ4780. Its combination of high performance, power efficiency and cost-effective design demonstrates the advantages of the MIPS architecture for mobile devices such as tablets. Now that the MIPS architecture is completely supported in Android releases from Google, Android devices based on MIPS can take advantage of a broad range of applications, while leveraging the long battery life and great user experience that MIPS can enable," said Gideon Intrater, vice president of marketing, MIPS Technologies.

"Combining the elegance of the MIPS architecture with Ingenic's processor design expertise, we were able to create a device that sets a new performance point for cost- and power-efficient consumer product SoCs," said Qiang Liu, chairman and CEO, Ingenic Semiconductor. "We have seen significant adoption of the previous generation JZ4770 SoC, and our customers are excited to tap the performance and functionality of this new SoC for their next generation tablets and other consumer electronics products."

"We are pleased that the new MIPS-Based SoC from Ingenic leverages Imagination's advanced graphics IP to enable an engaging experience on tablets and other consumer devices. With the high level of integration and ultra-low power consumption of this new SoC, Ingenic is demonstrating its ability to become a true contender in the mobile arena," said Tony King-Smith, vice president of marketing, Imagination Technologies.

"Earlier this year, Karbonn Mobiles brought to market the world's lowest-cost Android 4.1 'Jelly Bean' tablet based on the previous generation MIPS-Based SoC from Ingenic. With its unmatched combination of high performance and ultra-low power consumption, we were able to create two generations of Karbonn Smart Tab tablets that feature long battery life, leading-edge features and a wealth of local content for the Indian market. We look forward to working with Ingenic and MIPS on future products," said Pradeep Jain, managing director, Karbonn Mobiles, a leading mobile brand and provider of attractively priced multimedia phones in India.

"We were pleased to shake hands with MIPS and Ingenic in June 2012 to announce the debut of our new iPPea TV, an Android 4.0 dongle leveraging a MIPS-Based Ingenic SoC that brings the new Android experience to any HDMI-enabled DTV," said Amanda Senkowski, CEO, iPPea Inc., an Android life applications designer and manufacturer. "We plan to leverage the new dual core JZ4780 SoC in future iPPea products. With superb system performance, and enhanced graphics and video processing capabilities, the new SoC will enable us to deliver even more compelling Android devices and applications."

About Ingenic Semiconductor

Ingenic Semiconductor was founded in Beijing in 2005 to develop innovative processor technology. Based on the MIPS architecture, Ingenic designs its own CPU core called XBurst. The XBurst CPU adopts an innovative micro-architecture which consumes very little power under high performance operation. Powered by the XBurst CPU, the company's JZ47xx series application processors are widely deployed in embedded devices and consumer electronic products including PMPs, educational electronic devices, eBooks, biometrics and more, with more than 30 million units shipped to-date. For more information, visit http://www.ingenic.cn/.

About MIPS Technologies, Inc.

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

YoYo Games and MIPS Release Free Android™ Game Development Platform Exclusively for MIPS-Based™ Devices

Fri, 04 Jan 2013 09:00:00 EST

INTERNATIONAL CES, LAS VEGAS, Nev. - January 4, 2013 - MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications, and YoYo Games, the creator of GameMaker: Studio^TM, announced the release of fast and easy game development software for MIPS-Based^TM products such as tablets and other devices. GameMaker: Studio^TM MIPS^TM Edition, created by YoYo Games exclusively for MIPS-Based devices, is now available on the YoYo Games website free-of-charge.

GameMaker: Studio MIPS Edition enables game developers to quickly and easily create games for MIPS-Based devices and then seamlessly submit them for publishing to multiple app stores. It includes the same functionalities as the GameMaker: Studio Professional version plus the Android export capability-with the exception that it publishes games exclusively for Android devices based on the MIPS® architecture.

GameMaker: Studio MIPS Edition features an integrated development environment complete with fonts, sounds, images, music and more. It also features GameMaker Language, a powerful scripting language that lets developers control details such as pathfinding, physics, object interaction, particles, data structures, social networking, payment features and a comprehensive source control scheme to facilitate game creation within teams.

GameMaker: Studio is a leading 2D development suite for game developers producing well-known games including They Need to Be Fed, Froad, and Karoshi, which was named Pocket Gamer's 2012 Android Game of the Year. With the new MIPS Edition, developers of existing GameMaker games can quickly bring their games to MIPS-Based devices.

According to Gideon Intrater, vice president of marketing, MIPS Technologies, "We are delighted to offer game developers the opportunity to create games for MIPS-Based devices at no charge. Through our collaboration with YoYo Games, game developers and students will gain access to free development software, and owners of MIPS-Based mobile devices can anticipate many new games and apps-continuing to broaden the mobile ecosystem around the MIPS architecture."

"We have always believed in the importance of the MIPS architecture and are pleased to work with MIPS to further proliferate our popular GameMaker: Studio platform," said Sandy Duncan, chief executive officer at YoYo Games. "With their affordable price points, MIPS-Based tablets can reach a broad range of consumers, creating a really compelling opportunity for game developers. Seasoned and novice game developers can download GameMaker: Studio^TM MIPS Edition for free and experience the ease and power of GameMaker: Studio."

Availability

Developers can visit http://www.yoyogames.com/gamemaker/studio to download the free software and immediately begin creating games for MIPS-Based devices.

Demonstration at International CES

At CES, MIPS and YoYo will demonstrate how to develop games for a MIPS-Based tablet using GameMaker: Studio. To schedule a demonstration during CES, contact info@mips.com.

To visit the MIPS Technologies Media Center for CES, visit http://www.mips.com/news-events/CES2013.

About YoYo Games

YoYo Games is a top publisher of mobile, social and web-based games and the creator of GameMaker: Studio, a fast and easy to use cross-platform games development technology. YoYo Games publishes titles created with GameMaker: Studio including hits "They Need to be Fed," "Simply Solitaire HD" and Pocket Gamer's 2012 Android Game of the Year "Karoshi." Privately-held YoYo Games was founded in 2007 by games industry visionaries to incubate and showcase the next generation of games development talent and devices. GameMaker has been downloaded more than 10 million times, hosts a community of a half a million registered users and is deployed in more than 5,000 schools and universities worldwide. For more information, visit www.yoyogames.com.

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MIPS Press Release Feed

MIPS multi-threaded CPUs from Imagination push performance to new levels for Altair’s new LTE chipsets

Imagination reports enthusiastic response to latest PowerVR Series6 GPUs and MIPS CPUs at MWC 2013

MIPS® processor cores power Ceragon Networks’ next generation multi-core packet radio

LTE and LTE advanced baseband processing get performance boost from MIPS® multi-threaded cores

MIPS Stockholders to Receive $8.01 in Aggregate Net Proceeds from Recapitalization and Merger

MIPS Technologies Reports Second Quarter Fiscal 2013 Financial Results

MIPS Technologies' Aptiv™ Generation of Microprocessor Cores Named "Best Processor IP of 2012" by The Linley Group

MIPS Highlights Extensive Connected Entertainment Ecosystem for Android™ and More at CES

Highly-Integrated MIPS-Based™ SoC from Ingenic Sets New Performance Point for Power-Efficient and Affordable Devices

YoYo Games and MIPS Release Free Android™ Game Development Platform Exclusively for MIPS-Based™ Devices

MIPS Stockholders to Receive $8.01 in Aggregate
Net Proceeds from Recapitalization and Merger