MOUNTAIN VIEW, Calif., Oct. 6 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. (NASDAQ:MIPS), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, announced the Internet availability of proxy materials for its 2008 Annual Meeting of Stockholders under the U.S. Securities and Exchange Commission's new Notice and Access rule. The MIPS proxy materials can be found on its investor relations website at http://www.mips.com/media/files/financial-archives/fy-2008/94403ACL.pdf. Pursuant to the U.S. Securities and Exchange Commission's new Notice and Access rule, companies may now satisfy their proxy materials delivery requirements by delivering a "Notice of Internet Availability of Proxy Materials" to stockholders, providing Internet access to the proxy materials, and providing a printed set of proxy materials by mail to any stockholder who requests them. MIPS Technologies has elected to take full advantage of these new rules in order to minimize impact on the environment and maximize cost savings relating to the printing of the proxy materials. By implementing the procedures permitted under the new Notice and Access rule, MIPS will significantly reduce the number of printed copies of its annual report and proxy materials as compared to last year. The MIPS 2008 Annual Report on Form 10-K and proxy statement for its 2008 Annual Meeting of Stockholders have been filed with the U.S. Securities and Exchange Commission, and may be viewed on the MIPS website at http://www.mips.com/media/files/financial-archives/fy-2008/94403ACL.pdf. MIPS stockholders may obtain hard copies of these proxy materials free of charge by following the instructions provided on its website or in the "Notice of Internet Availability of Proxy Materials." The MIPS Technologies 2008 Annual Meeting of Stockholders will be held on November 12, 2008 at 2:00 p.m., Pacific Standard Time, at the MIPS corporate headquarters at 1225 Charleston Road, Mountain View, California 94043. About MIPS Technologies, Inc. MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets -- 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 Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com/. MIPS is a trademark or registered trademark in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners. DATASOURCE: MIPS Technologies, Inc. CONTACT: Media, Jen Bernier, +1-650-567-5178, , or Investors, Juli Dowhan, +1-650-567-5100, , both of MIPS Technologies, Inc. Web site: http://www.mips.com/

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