American Stock Exchange Will Trade Options On MIPS Technologies, Inc.

NEW YORK, Feb. 4 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced it will launch trading in options on the Nasdaq Stock Market- listed stock of MIPS Technologies, Inc. (Option Symbol: QIP/Stock Symbol: MIPS) on Monday, February 7, 2005.

MIPS Technologies, Inc. options will open with position limits of 2.25 million shares. The options will trade on the March expiration cycle. The specialist will be AGS Specialists LLC.

MIPS Technologies, Inc. designs high-performance processors and related intellectual property for use in a variety of consumer devices and business equipment. The Company's processor designs are based on 32- and 64-bit reduced instruction set computing architectures. MIPS licenses its processor designs and related intellectual property to semiconductor manufacturers.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 145 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/.