April 3, 2010 (FinancialWire) — MIPS Technologies, Inc. (NASDAQ: MIPS), a provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, said Taiwan-based IC provider Terawins, Inc. licensed the MIPS32 24KEc™ processor core for development of devices for a range of portable LCD products including digital photo frames, portable media players and automotive DVD/TV.

The MIPS32 24KE™ core family leverages the high-performance 24K microarchitecture and adds the MIPS DSP Application-Specific Extension, resulting in improved signal processing performance and efficient DSP capability, while significantly reducing overall SoC die area, cost and power consumption. 24KE cores are supported by software development tools, the MIPS DSP Library and a third-party DSP applications network.

Founded in 2002, Terawins is a market leader in mixed signal IC and SoC development for multimedia and flat panel display applications. Terawins currently holds a high percentage share in the worldwide portable LCD and automotive DVD/TV market. Terawins is headquartered in Taipei, Taiwan with offices in Shenzhen, China.

MIPS Technologies, Inc. is a provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets.

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