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MIPS-Based iPPea Device Brings 'Smart' Android Experience to any HDMI-Enabled DTV for $50

Android 4.0 "Ice Cream Sandwich" Dongle Available From iPPea

SUNNYVALE, Calif.(09 Jul 2012)

MIPS Technologies,
Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor
architectures and cores for home entertainment, networking, mobile and
embedded applications, and iPPea Inc., a leading Android
entertainment and mobile device designer and manufacturer, today
announced iPPea's new iPPea TV, an Android 4.0 "Ice Cream Sandwich"
dongle that brings the 'smart' Android experience to any HDMI-enabled
DTV for $50 (U.S.). The iPPea TV device can be ordered now from iPPea.

The Android operating system brings to the big screen a connected
entertainment experience that includes streaming video and music,
internet browsing, social media, apps, gaming and more. Now with iPPea
TV from iPPea, any consumer can experience these features without
having to purchase an expensive high-end smart TV.

The iPPea TV device leverages the high performance and ultra-low power
consumption of the JZ4770 mobile applications processor from Ingenic
Semiconductor, a leading China-based CPU provider for mobile multimedia
applications. The JZ4770 SoC is powered by a MIPS-Based(TM) XBurst
CPU running at 1.2 GHz. In addition, iPPea TV features support for
Android 4.0.3, 802.11b/g/n Wifi, USB 2.0, 2GB storage with support for
up to 32GB external storage via a microSD slot, support for 1080p HD
video and most popular audio/video formats, and other advanced
functionality.

"With our high-performance processor cores, MIPS has long been a leader
in home entertainment products including DTVs and set-top boxes," said
Gideon Intrater, vice president of marketing, MIPS Technologies.
"Because of the extremely low power consumption of the MIPS
architecture, we have also worked successfully with licensees and OEMs
to bring affordable Android 4.0 tablets to emerging markets. We applaud
iPPea for leveraging the performance and power efficiency of the MIPS
architecture to create a device that represents the future of
affordable connected consumer entertainment."

"The tiny iPPea TV is a fully-functioning Android super micro PC that
connects to the cloud, accesses a broad range of websites and apps, and
delivers a high-quality entertainment experience," said iPPea CEO
Amanda Senkowski. "We are delighted to be using the MIPS-Based Ingenic
processor, which provides all of the advantages of an industry-standard
architecture, including a broad ecosystem of supporting tools and
software. And because of its inherent power efficiency, the device can
be fully powered by a standard USB port -- such as those available on
most DTVs. Also, unlike many competitive PC offerings, no heat sink is
necessary in the iPPea TV device."

According to Qiang Liu, chairman and CEO of Ingenic Semiconductor, "The
high-performance, ultra-low power XBurst CPU is the driving force
inside millions of portable electronics devices. As multi-screen
entertainment gains in popularity, it just makes sense that our
technology is now also powering home entertainment devices that can
deliver a connected TV experience to the mass market. We are pleased to
continue our successful collaboration with MIPS Technologies in
enabling innovative, cost-effective consumer entertainment devices."

Availability

iPPea's iPPea TV can be pre-ordered now at http://www.ippea.com/estore
and is expected to ship by the end of July. Included are the iPPea
dongle with USB power cable and micro USB to USB cable. Optional
accessories include: 3D + gyro wireless key mouse, USB RJ45 LAN
adaptor, HDMI extension cable and 360 degree HDMI connector. A support
forum is available at http://forum.ippea.com/.

Ingenic's JZ4770 SoC for Android 4.0 devices is available now. For more
information on the JZ4770 SoC and Android 4.0 products that incorporate
this SoC, visit http://en.ingenic.cn/.

Editor's Note: Photos of iPPea TV may be downloaded at
http://www.mips.com/news-events/newsroom/image-library/news-release/

About iPPea

iPPea Inc. is a leading Android entertainment and mobile device
designer and manufacturer located in San Clemente, Calif. Its flagship
product is the iPPea TV, an Android thumb PC that can turn any DTV into
a Smart TV through an HDMI connection. For more information, visit
www.ippea.com.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (Nasdaq:MIPS) is a leading provider of
industry-standard processor architectures and cores for home
entertainment, networking, mobile and embedded applications. The MIPS
architecture powers some of the world's most popular products. Our
technology is broadly used in products such as digital televisions,
set-top boxes, Blu-ray players, broadband customer premises equipment
(CPE), WiFi access points and routers, networking infrastructure and
portable/mobile communications and entertainment products. 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.