WILSONVILLE, Ore., May 19, 2010 – Mentor Graphics Corporation (NASDAQ: MENT), a leader in electronic design automation and embedded software solutions, today announced a collaborative agreement with NetLogic Microsystems, Inc., a leader in high-performance intelligent semiconductor solutions for next-generation Internet networks. Under the agreement, Mentor Graphics Embedded Software Division will provide its Linux® technology on NetLogic Microsystems’ XLP™, XLR® and XLS® multi-core, multi-threaded processors. This collaboration furthers the recent announcement of both NetLogic Microsystems and Mentor Graphics as founding members of the eNsemble™ Multi-Core Alliance, an industry organization aimed at driving best-in-class innovations in multi-core parallel processing platforms and software development.

NetLogic Microsystems will provide the Mentor-developed Linux solution to multi-core developers to enable them to create innovative applications for high-performance multi-core processors targeted at next-generation enterprise, telecom and data center networks. Mentor’s independent approach to embedded Linux will provide NetLogic Microsystems’ customers with flexibility and access to the latest open source technologies, as well as the seamless methodology and tool integration required for optimum productivity.

Mentor Graphics was selected as a founding member of the eNsemble Multi-Core Alliance based on its 25 years of global experience in embedded software IP, tools, and services for Linux and the Nucleus® RTOS for multi-OS on multi-core development.

“We are excited to enter into this strategic collaboration agreement with Mentor to bring to market a highly-optimized solution that includes Mentor’s Linux operating system and our best-in-class multi-core, multi-threaded processors that deliver unprecedented performance and scalability across a broad spectrum of embedded applications,” said Behrooz Abdi, executive vice president and general manager at NetLogic Microsystems. “Our mission of establishing an open programming platform based on highly-innovative technologies from leading companies like Mentor will enable customers to develop highly-differentiated networking equipment using the most advanced multi-core, multi-threaded processors.”

Mentor has been a long-standing contributor to the open source community, including Eclipse, Linux, Open Embedded and Android. The company’s expertise in embedded Linux for multi-core applications, and its award-winning service, has helped leading equipment manufacturers develop commercial multi-core software products.

“We are excited to collaborate with NetLogic Microsystems to optimize our Linux products on NetLogic Microsystems’ market-leading XLP/XLR/XLS multi-core processors. Our commitment as an independent embedded software solutions provider to silicon partners like NetLogic Microsystems provides our mutual customers with the flexibility and selection to develop best-in-class, high-performance multi-core devices for their specific application requirements,” said Glenn Perry, general manager, Mentor Graphics Embedded Software Division. “We foresee great advancements in embedded software solutions for the networking segment where multi-core is most prevalent.”

The Mentor Graphics Embedded Software Division comprises the Mentor Embedded family of products and services, including embedded software intellectual property (IP), tools, and consulting services to help embedded developers and silicon partners optimize their products for design and cost efficiency. More information on Mentor Embedded products and services can be found at the website:www.mentor.com/embedded.

About Mentor Graphics

Mentor Graphics Corporation (NASDAQ: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of about $800 million and employs approximately 4,425 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

SUNNYVALE, Calif. – May 19, 2010 – 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 support for the new WebM open web media project and the open source VP8, a high performance video codec that will bring high-quality video content and experiences to web-connected devices. MIPS Technologies will work with its partners and licensees to ensure fully optimized hardware/software support for VP8. WebM and the open sourcing of VP8 were announced separately today by Google and partners.   

Through the WebM project, developers can access highly-optimized, royalty-free video encoders and decoders for VP8, as well as optimized reference RTL for hardware implementations. With VP8 support on the MIPS® architecture, MIPS licensees bringing web connectivity to mobile and digital home products can quickly and easily develop SoCs integrating VP8 for fast video delivery. VP8 offers high-quality video and consumes less bandwidth than other codecs, even for HD video. SoC developers leveraging MIPS Technologies’ multi-threaded, multiprocessing technology get even further performance/power benefits when supporting web based content on their SoCs. Optimized reference RTL will also be available through WebM that will allow MIPS licensees to quickly add VP8 support in their existing hardware video encoders and decoders.

“Access to a proven, open source video compression technology will redefine the web-based video landscape,” said Art Swift, vice president of marketing, MIPS Technologies. “Our licensees are increasingly incorporating web connectivity not just in products such as netbooks and mobile handsets, but also in digital home devices such as DTVs, set-top boxes, Blu-ray players and more. We expect to see rapid adoption of VP8 among our licensees, many of whom already use VP8 and its predecessors.”

About MIPS Technologies, Inc. (www.mips.com)

MIPS Technologies, Inc. (NasdaqGS: 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.