Mips Technologies, Inc. (MM) (NASDAQ:MIPS)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Mips Technologies, Inc. (MM) Charts. Click Here for more Mips Technologies, Inc. (MM) Charts.](/p.php?pid=staticchart&s=N%5EMIPS&p=8&t=15)
MIPS Technologies Solidifies Its Leadership Position in DTV and
STB Markets With International Software Alliances
Company is First to Offer Complete Java(TM)-based Solutions That Support Both
OCAP(TM) and MHP(TM) Standards
NCTA - THE NATIONAL SHOW, SAN FRANCISCO, April 4 /PRNewswire-FirstCall/ --
MIPS Technologies, Inc. (NASDAQ:MIPS), a leading provider of industry-standard
processor architectures and cores for digital consumer and business
applications, continues to build on its industry-leading Java(TM) performance
with the announcement today of alliances with four international DTV software
providers.
MIPS Technologies' initiative involving Esmertec, Skelmir, Vidiom and Zentek
offers the industry's first complete Java-enabled solution supporting the
OCAP(TM) and MHP(TM) standards used internationally in DTV, further solidifying
its leadership in the DTV market. With the addition of Scientific-Atlanta to
its roster of DTV licensees late in 2004, MIPS Technologies has now established
license agreements with all of the major providers of cable set top box
silicon.
"We're proud to be the first in our industry to provide a global Java-based
solution that is unmatched for its completeness, interoperability, and
optimization with the two major international standards," said Russ Bell, VP,
Marketing for MIPS Technologies. "Our licensees have developed a superior
range of products optimized to the industry leading MIPS32 and MIPS64
architectures, which will allow our customers to deliver rich functionality
over the Java platform.
"We're also excited to see that this media functionality is moving into other
consumer products, including DVD, PMP, auto entertainment and cellular phones,
that can benefit from our Java-based solutions," Bell continued.
Java technology is now being used in millions of consumer electronics products
every year. To boost Java performance, hardware accelerators have commonly been
used, but the added silicon can be a significant disadvantage in the
cost-sensitive consumer electronics market. SoC designers are now able to
exceed the performance of dedicated hardware accelerators by using software
alone, eliminating unnecessary silicon, accelerating performance and lowering
production costs.
"The synergy created through such partnerships is important," said Anne-Marie
Larkin, CTO, Esmertec. "The combination of high-performance MIPS processors and
innovative Java-based software solutions will drive system design for DTV
products throughout the entire industry, and our customers will reap the
benefits."
"We're excited to be working with MIPS Technologies," said Mimir Reynisson,
CTO, Skelmir. "The flexibility and functionality of the MIPS cores, coupled
with robust software support optimized for a variety of Java applications is a
definite plus for our customers as they continue to roll out ground-breaking
DTV designs."
"The industry worldwide recognizes the MIPS architecture as the de facto
standard for digital audio and video, and we're pleased to be a part of their
extensive Ecosystem," said Michael Malcy, VP Marketing for Vidiom Systems
Corporation. "The MIPS32 24K family of cores is ideally suited for the world of
digital TV, because they offer the highest performance and configurability
among licensable cores, and enable products which are both cost-effective and
feature-rich."
"As the DTV market matures and evolves and becomes even more competitive,
additional functionality and performance will be demanded from the silicon
powering the application," said James Morris, VP of Engineering at Zentek.
"MIPS cores have both the high performance and system flexibility that result
in the cost-efficiencies and rapid time-to-market so critical to our customers'
success. We're happy to be part of this."
Esmertec is a leading provider of software solutions and technologies for
mobile phones and embedded devices. The company's solutions are applied in
mobile and fixed line telecommunication, home-multimedia, machine-to-machine,
consumer electronics and industrial automation markets. Engineered for
smallness, Esmertec's Java (J2ME(TM)) solutions, mobile applications and
components, and object-oriented software platform (OSVM) are designed to
extract maximum performance from hardware environments with very limited
computing, memory and energy resources. These high-performance platform
solutions are delivered to chipset and embedded device manufacturers. Founded
in 1999, Esmertec is a global company headquartered in Zurich, with
engineering, sales and customer support operations in Switzerland, France,
Denmark, the UK, the USA, China, Hong Kong, Korea, Japan and Taiwan. For more
information, please visit http://www.esmertec.com/.
Skelmir provides world-class embedded solutions for hosting MHP, OSGi, browsers
and other Java applications and industry standard middleware on a variety of
platforms and devices. Proven in marketplace since 1998, Skelmir's high
performance, robust, clean room CEE-J(TM) virtual machine technology arms
customers with the tools necessary for quick and reliable deployment of
interactive applications and services. Skelmir offers technology backed by a
team of experts dedicated to perfecting practical and market ready embedded
solutions. For more information, please visit http://www.skelmir.com/.
Vidiom Systems Corporation is an established leader in providing technology
solutions to the cable, satellite, and consumer electronics industry. Vidiom's
staff are pioneers in the ITV and advanced media industry with expertise in
software engineering, ITV application design, consulting, technical
documentation, and training, providing a unique set of skills for any
technology project. Vidiom Systems is a privately held corporation that was
founded in 1997 with headquarters in Broomfield, Colorado and additional
engineering offices in Portland, Oregon and Des Moines, Iowa. For more
information about the company's television technology products and services
please visit http://www.vidiom.com/.
Zentek is a leading supplier of DTV software for all the international
standards: ATSC, DVB, and ARIB. Zentek develops and licenses products and
provides engineering services to semiconductor and consumer electronics
companies in North America, Europe, and Asia. Zentek Technology Group's U.S.
headquarters is in San Mateo, California. The company was founded in 1997 and
is a subsidiary of Zentek Technology Japan, Inc. The company also has offices
in Tokyo and Osaka in Japan, and in Singapore. For more information, please
visit http://www.zentek.com/.
About MIPS Technologies
MIPS Technologies, Inc. is a leading provider of industry-standard processor
architectures and cores for digital consumer and business applications. The
company drives the broadest architectural alliance that is delivering 32- and
64-bit embedded RISC solutions. The company licenses its intellectual property
to semiconductor companies, ASIC developers and system OEMs. MIPS Technologies
and its licensees offer the widest range of robust, scalable processors in
standard, custom, semi-custom and application-specific products. The company is
based in Mountain View, Calif., and can be reached at +1 (650) 567-5000 or
http://www.mips.com/.
NOTE: MIPS, MIPS32, MIPS64 and 24K are trademarks or registered trademarks of
MIPS Technologies, Inc. in the United States and other countries. Esmertec,
Jbed and OSVM are trademarks or registered trademarks of Esmertec AG. Skelmir
and CEE-J are trademarks of Skelmir LLC. Skelmir LLC is an independent company
offering proven clean room virtual machine technologies and is not associated
with Sun Microsystems, Inc. Java is a trademark of Sun Microsystems, Inc. and
refers to Sun's Java programming language. All other trademarks referred to
herein are the property of their respective owners.
DATASOURCE: MIPS Technologies, Inc.
CONTACT: Cathy Browne of MIPS Technologies, Inc., +1-650-567-5178, or
Web site: http://www.mips.com/