ASIC Design & Manufacturing Services Provider Supports Growing Demand for MIPS-Based™ Solutions in Burgeoning Israeli Market and Worldwide

SUNNYVALE, Calif. —November 03, 2009 — MIPS Technologies, Inc. (Nasdaq: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, today announced that Avnet ASIC Israel (AAI), an ASIC and COT design, backend, and turnkey manufacturing services provider, has successfully obtained the highest level of accreditation as a certified design center for MIPS. Through the companies' expanding relationship, MIPS Technologies will support AAI with extensive training, tools and support.

AAI provides VLSI back-end and production management services, as well as front-end design services to the rapidly expanding base of MIPS licensees in Israel and worldwide. AAI was first selected by MIPS as an approved design center in 2005, and has worked extensively with a broad range of MIPS licensees including Amimon and BroadLight. Through these engagements, AAI has gained deep experience with MIPS cores, including MIPS32® 4KE®, M4K® and 24K® core implementations.

"This agreement is yet another step in broadening access to the MIPS architecture across the globe," said Art Swift, vice president of marketing, MIPS Technologies. "AAI continues to demonstrate deep technical knowledge, expertise and dedication to our customers, and we are pleased to work closely with the company to streamline and speed SoC development for our licensees."

"MIPS Technologies' industry-standard architecture and cores have established the company as a leading provider of processor IP, and we are proud to support its licensees as they continue to deliver cutting-edge designs to market," said Nadav Ben-Ezer, managing director, AAI. "The Israel SoC market is growing quickly, and we are seeing an increasing number of opportunities for MIPS-Based solutions."

About Avnet ASIC Israel, Ltd.

Avnet ASIC Israel Ltd. (AAI), is a wholly-owned subsidiary of Avnet Israel, the Israeli branch of Avnet, Inc., one of the largest global B2B distributors of the world's leading technology manufacturers. Avnet ASIC Israel is a leading provider of a complete range of design and turnkey manufacturing services for fabless companies and OEMs, which develop advanced SoC devices. AAI's portfolio includes design and manufacturing services for ASIC, COT, Analog, Structured ASIC, and FPGA. In the past 20 years AAI has successfully completed more than 250 tape-outs. Partnering with the world leading library, IP and manufacturing vendors, Avnet ASIC Israel secures to its customers access to the latest technology, flexible pricing, fast deliveries, and top class performance.

AAI is based in Tel Mond, Israel, and can be reached at 972.9.7780273 or www.avnet-asic.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.



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Jen Bernier
MIPS Technologies
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