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Tessera Technologies to Announce Second Quarter 2010 Results

SAN JOSE, Calif., Jul 08, 2010 (BUSINESS WIRE) -- Tessera Technologies, Inc. (Nasdaq: TSRA) will announce its second quarter ended June 30, 2010 earnings results after the market closes on Thursday, July 29, 2010. Tessera will host an earnings conference call at 2:00 P.M. Pacific (5:00 P.M. Eastern).

This quarter, Tessera will begin using a new format for its earnings conference call. Concurrent with the publication of its earnings press release, Tessera will post to its website management's prepared remarks regarding Tessera's quarterly performance. These prepared remarks are being made available prior to the conference call in order to provide the investment community with additional time to analyze Tessera's results. The conference call will include management's summary of the prepared remarks, followed by a Q&A session.

To access Tessera's second quarter of 2010 earnings conference call in the U.S., please dial 866-531-1286, and for international callers dial 706-643-3789, approximately 10 minutes prior to the start of the conference call. The conference call will also be broadcast live over the Internet and available for replay for 90 days at www.tessera.com. In addition, a replay of the call will be available via telephone for two business days, beginning two hours after the call. To listen to the telephone replay in the U.S., please dial 800-642-1687. International callers please dial 706-645-9291. Enter access code 87257605.

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect to Tessera's quarterly financial results and financial outlook, as well as the timing of the announcement of Tessera's financial results for the second quarter of 2010. Material factors that may cause results to differ from the statements made include delays, setbacks or losses relating to our intellectual property or intellectual property litigations, or any invalidation or limitation of our key patents; fluctuations in our operating results due to the timing of new license agreements and royalties, or due to legal costs; changes in patent laws, regulation or enforcement, or other factors that might affect our ability to protect our intellectual property; the risk of a decline in demand for semiconductor products; failure by the industry to adopt our technologies; competing technologies; the future expiration of our patents; the future expiration of our license agreements and the cessation of related royalty income; the failure or refusal of licensees to pay royalties; failure to achieve the growth prospects and synergies expected from acquisition transactions; and delays and challenges associated with integrating acquired companies with our existing businesses. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Tessera's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2009, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010, include more information about factors that could affect the company's financial results. Tessera assumes no obligation to update information contained in this press release. Although this release may remain available on Tessera's website or elsewhere, its continued availability does not indicate that Tessera is reaffirming or confirming any of the information contained herein.

About Tessera

Tessera Technologies, Inc. invests in, licenses and delivers innovative miniaturization technologies for next-generation electronic devices. The company's micro-electronics solutions enable smaller, higher-functionality devices through chip-scale, 3D and wafer-level packaging technology, as well as high-density substrate and silent air cooling technology. Tessera's imaging and optics solutions provide low-cost, high-quality camera functionality in electronic products and include image sensor packaging, wafer-level optics and image enhancement intellectual property. The company also offers customized micro-optic lenses, from diffractive and refractive optical elements to integrated micro-optical subassemblies. Tessera licenses its technologies, as well as delivers products based on these technologies, to promote the development of the supply chain infrastructure. The company is headquartered in San Jose, California. For information call 1.408.321.6000 or go to www.tessera.com.

Tessera and the Tessera logo are trademarks or registered trademarks of Tessera, Inc. or its affiliated companies in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

TSRA-E

SOURCE: Tessera Technologies, Inc.

Tessera Technologies, Inc.
Michael Anthofer, 408-321-6711
EVP and CFO
or
Moriah Shilton, 408-321-6713
Investor Relations

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