Loongson Licenses MIPS32(R) and MIPS64(R) Architectures for Embedded and Computing Applications

SUNNYVALE, Calif., Aug. 8, 2011 (GLOBE NEWSWIRE) — MIPS Technologies, Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications, announced today that Loongson Technology Corp. Ltd. has licensed the MIPS32® and MIPS64® architectures for continued development of MIPS-Based™ Loongson CPU cores. With these processors, Loongson Technology is targeting a range of applications from high-end computing, cloud servers and terminals to embedded applications such as industrial control, smart meters, automotive, GPS and mobile devices.

“Loongson processors were designed in China based on the industry-standard MIPS® processor architecture, which enables access to a broad ecosystem of software and operating systems. The goal of Loongson Technology Corp. is to speed time-to-market and adoption of Loongson processors, and we are excited to work closely with MIPS, ICT, and the China Government to continue to grow the China ecosystem around our processors. We are seeing increasing traction and interest in our high-performance processors for high-end and desktop computing, as well as a broad range of emerging markets,” said Dr. Weiwu Hu, president, Loongson Technology.

“Loongson is among a group of more than a dozen MIPS architecture licensees�including three in China�who together are driving a great amount of innovation around the MIPS architecture. Loongson Technology is distinct in that it is developing MIPS compatible processors for high-performance computing (HPC) in China, using its own technologies. Through Loongson, the MIPS architecture is making broad inroads into China, with products such as netbooks, PCs, servers and cloud servers already in the market, and the potential for increased use of MIPS by governmental agencies, schools, and ultimately more than one billion consumers,” said Art Swift, vice president of marketing and business development, MIPS Technologies.

The MIPS-Based Loongson processors deliver high performance and performance efficiency. According to Loongson Technology, the four-core Loongson 3A runs at 1GHz and consumes 10W in a 65nm STMicroelectronics process. The 128GFLOPS eight-core Loongson 3B processor runs at 1GHz and consumes 40W in a 65nm STMicroelectronics process. �

About Loongson Technology

Loongson Technology Corp. Ltd. was formed through the cooperation of the Beijing Municipal Government, the Institute of Computing Technology of the Chinese Academy of Sciences (ICT) and the Loongson development team. The company’s mission is to transfer Loongson technology into products and to promote solutions in the marketplace. For partners, it will also provide solutions, design and services based on Loongson technology. For more information, visit www.loongson.cn/EN.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (Nasdaq:MIPS) is a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications. The MIPS architecture powers some of the world’s most popular products, including 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, MIPS32, MIPS64 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.

CONTACT: Media Contact:
         Jen Bernier-Santarini
         MIPS Technologies, Inc.
         +1 408-530-5178
         jenb@mips.com

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