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

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PRESS RELEASE

Android 4.0 "Ice Cream Sandwich" Dongle Available from iPPea

SUNNYVALE, Calif. - July 10, 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 AndroidTM 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-BasedTM XBurstTM 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/.

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

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