Wipro Selects MIPS(r) Architecture to Offer Global SoC Design Services

Leading Design Services Company to Support Customers Using MIPS Technologies' 32- and 64-bit Processor Cores

MOUNTAIN VIEW, CA and BANGALORE, INDIA, February 8, 2005 - MIPS Technologies, Inc. (NASDAQ:MIPS) a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, and Wipro Technologies, the global IT services division of Wipro Ltd. (NYSE: WIT) today announced that Wipro has licensed the MIPS32(r) 4KEc(tm) and the MIPS64(r) 5Kf(tm) synthesizable cores to support joint customers with end-to-end SoC design services.

Wipro's services will range from RTL through GDSII, in addition to platform-based designs and point services such as SoC architecture development, front-end design, integration and verification. The agreement enables embedded design engineers using MIPS-Based(r) technology to lower their product development costs and speed time-to-market by using Wipro's comprehensive range of SoC design services.

"The challenge of creating a complex, competitive SoC design while controlling development costs is leading many manufacturers to outsource some or all of their product development," said A. Vasudevan, Vice President, VLSI Group, Wipro Technologies. "At Wipro, we can help customers rapidly take their product from concept to market while making the most of the MIPS architecture and high-performance processor cores."

"Customers who use MIPS-Based technology and choose to outsource development of their high-performance, low-power embedded designs will find an excellent solution in Wipro's world-class SoC design expertise. Wipro's full range of design services increases our customers' productivity and reduces time-to-market," said Jack Browne, Vice President, Worldwide Sales, MIPS Technologies.

Wipro Technologies is one of the world's largest independent providers of embedded and product engineering services. Wipro's VLSI team offers high end ASIC development, complex FPGA and board designs, turnkey system designs and core technology IP blocks.

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 www.mips.com

About Wipro Limited

Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai and the National Stock Exchange, among others. More information is available at www.wipro.com.

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MIPS, MIPS32, MIPS64, MIPS-Based, 4KEc and 5Kf are trademarks or registered trademarks of MIPS Technologies, Inc. in the United States and other countries. All other trademarks referred to herein are the property of their respective owners.