updated 5/5/2011 9:16:38 AM ET 2011-05-05T13:16:38

SUNNYVALE, Calif., May 5, 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 the company was recognized as a top employer through the 2011 Best Places to Work in the Bay Area awards. The annual awards are presented by the San Francisco Business Times and the Silicon Valley/San Jose Business Journal. More than 300 local companies and more than 100,000 employees across the Bay Area were polled for input. This year, 125 companies were honored with an award. MIPS Technologies was named in the category of companies with 101-500 employees.

"This award is certainly a top honor for MIPS. We continually strive to promote a work environment that fosters teamwork, accountability, open communication and integrity with a focus on delivering a great customer experience," said Sandeep Vij, president and CEO of MIPS Technologies. "We are privileged to employ world-class talent across our organization. Our visionary, highly-skilled and dedicated employees are the measure of our continued success."

"Talent is the engine that drives any successful company, particularly in the Bay Area's knowledge economy. Smart employers know the race for talent is always on, and the competition is growing," said James MacGregor, publisher of the Silicon Valley/San Jose Business Journal. "The companies ranked this year clearly understand that their people are their priority. We congratulate MIPS Technologies on earning this recognition."

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 electronic 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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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.

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

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