SUNNYVALE, Calif., Nov. 29, 2011 (GLOBE NEWSWIRE) -- MIPS Technologies, Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications, today announced that it has been included in the highly regarded Ocean Tomo 300® Patent Index (OT300), the industry's first index based on the value of corporate intellectual property. The OT300 represents a diversified portfolio of 300 companies that own the most valuable patents relative to their book value, and includes well-known names such as AT&T, Broadcom, Cisco Systems, General Electric, Microchip Technology, and Sprint Nextel.
MIPS Technologies holds a portfolio of more than 580 patent properties worldwide, including numerous patents for its unique hardware multi-threading technology, which were noted as highlights by Ocean Tomo. Hardware multi-threading enables MIPS' licensees to achieve improved performance efficiency in their systems for a wide range of applications in the digital home, networking and mobile markets.
"We are proud to be recognized by Ocean Tomo for our extensive patent portfolio, distinguishing our company as a leader in technological innovation," said Sandeep Vij, president and CEO, MIPS Technologies. "Our patented technologies provide significant benefits to our customers and their customers, and MIPS' inclusion in the OT300 list highlights our valuable contributions to the industry."
"Companies in the OT300 index have strong U.S. patent portfolios, a commitment to innovation, and a high degree of technological leadership," said James E. Malackowski, Ocean Tomo's chairman and chief executive officer. "MIPS Technologies clearly falls into these categories, and we congratulate them on their inclusion in the index, and on achieving a strong average IPQ® score, indicating the quality of their patents. Ocean Tomo was founded on the belief that companies with strong intellectual property outperform their intra-sector peers. Member companies, and the Index, generally continue to prove this proposition."
The OT300 is priced and published by the NYSE Euronext (NYSE Euronext:OTPAT) and has been recognized by the exchange as the first major broad market index in 35 years. The 300 member companies have an average market capitalization of $27 billion, and a median market capitalization of $9 billion. From its inception in January 2007 through October 2011, the OT300 outperformed the S&P® 500 by 772 basis points.
For more information on the Ocean Tomo 300(R) Patent Index, visit: www.oceantomo.com/productsandservices/investments/indexes/ot300.
About MIPS Technologies, Inc.
MIPS Technologies, Inc. (Nasdaq:MIPS) is a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications. The MIPS architecture powers some of the world's most popular products, including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. 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.
MIPS and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners.