MIPS Mips Technologies, Inc. (MM)

Former Vice President of Sales, the Americas Brings Embedded Industry Expertise, Successful Sales Track Record to New Position MOUNTAIN VIEW, Calif., Nov. 7 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. (NASDAQ:MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, today announced it has promoted Brad Holtzinger to the position of vice president of worldwide sales. Mr. Holtzinger, most recently vice president of sales, the Americas at MIPS Technologies, succeeds Jack Browne, who assumes the position of vice president of marketing. Mr. Holtzinger joined MIPS Technologies in 2001 as the director of systems solutions and has more than 26 years of embedded industry experience in sales, marketing and engineering. He was salesman of the year at MIPS Technologies in his first year in sales. Following that, in his first year as vice president of sales, the Americas, he led the Americas team to record growth over the prior year. Mr. Holtzinger began his career at Motorola in 1979 and was one of the founding members of the Motorola Computer Group selling VME boards into the embedded market. In 1991 he joined Force Computers and established their embedded systems business unit. Additionally, he has had a successful career selling semiconductors as a manufacturer's representative for companies including Xilinx, PMC-Sierra, and Fujitsu, among others. Mr. Holtzinger holds a B.S.E.E. degree from Purdue University. "Brad brings a wealth of embedded technology expertise and demonstrated ability to manage complex customer relationships to his new role at MIPS Technologies," said John Bourgoin, president and CEO of MIPS Technologies. "We look forward to outstanding results from Brad and the entire sales team as our company continues to expand its reach worldwide." About MIPS Technologies, Inc. MIPS Technologies, Inc. is a leading provider of industry standard processor architectures and cores for digital consumer and business applications. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. The company licenses its intellectual property to semiconductor companies, ASIC developers, and system OEMs. MIPS Technologies, Inc. and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application- specific products. MIPS Technologies, Inc. is based in Mountain View, California, and can be reached at 650-567-5000 or http://www.mips.com/. Safe Harbor Statement by MIPS Technologies, Inc. under the Private Securities Litigation Reform Act of 1995: Statements made in this news release, other than statements of historical fact, are forward-looking statements, including, for example, statements relating to trends, products, and sales success. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include MIPS Technologies' ability to forecast product acceptance and adoption of technologies by semiconductor companies; to overcome the challenges associated with establishing licensing relationships with semiconductor companies; to anticipate business and economic conditions generally and in the semiconductor industry in particular; to compete in the market for semiconductor IP platforms; and other risks. For a further discussion of risk factors affecting our business, we refer you to the documents we file from time to time with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended June 30, 2005 and subsequent Forms 10-Q and 8-K. MIPS Technologies, Inc. disclaims any intention or duty to update any forward-looking statements made in this news release. DATASOURCE: MIPS Technologies, Inc. CONTACT: Cathy Browne of MIPS Technologies, +1-650-567-5178, or Web site: http://www.mips.com/

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