SUNNYVALE, Calif. – January 18, 2012 – 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 it has joined the Renesas Electronics SoC Partner Program. Renesas Electronics Corporation, a leading global provider of advanced semiconductor solutions, is a long-time licensee of the MIPS64® architecture and processor cores including the MIPS32® 74K™, 24KE™ and 4KE™ cores.

Renesas Electronics’ SoC Partner Program promotes collaboration with its partners based around the Renesas SoC platform targeting the mobile, automotive, and home audio-visual device segments. MIPS will work with Renesas Electronics as a partner with a focus on the digital home market.

“We’re very pleased to welcome MIPS Technologies to our SoC Partner Program in support of ourSoC products for the digital home,” said Tomohisa Arai, general manager of the Home Multimedia Business Division, SoC Business Unit, for Renesas Electronics Corporation.

“MIPS is committed to providing comprehensive solutions that meet the complex requirements and exacting standards of our customers developing products for the digital home, mobile and networking markets,” said Gideon Intrater, vice president of marketing, MIPS Technologies. “Renesas Electronics is a long-time and important MIPS licensee, and we’re excited to be a part of this collaborative effort that can benefit Renesas Electronics, its customers, and ultimately consumers in many of MIPS’ key markets.”

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.

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