SAN JOSE, Calif.--(BUSINESS WIRE)--
Tessera Technologies, Inc. (NASDAQ:TSRA) (the "Company") today announced
that it will webcast its Annual Meeting of Stockholders to be held on
Friday, March 30, 2012. The meeting will take place at Tessera
Technologies, Inc., 3025 Orchard Parkway, San Jose, CA 95134.
To listen to the live webcast, please visit the investor relations
portion of the Company's web site at www.tessera.com
starting at approximately 11:00 a.m. Pacific Time, March 30, 2012. A
replay of the presentation will be available for 90 days shortly after
the live webcast.
Safe Harbor Statement
This document 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 particularly with
respect to the timing, availability and subject matter of the Company's
Annual Meeting of Stockholders webcast. Material factors that may cause
results to differ from the statements made include the plans or
operations relating to the Company's businesses; market or industry
conditions; the future expiration of license agreements and the
cessation of related royalty income; the failure, inability or refusal
of licensees to pay royalties; delays, setbacks or losses relating to
the Company's intellectual property or intellectual property
litigations, or any invalidation or limitation of key patents;
fluctuations in 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 the
Company's ability to protect or realize the value of its intellectual
property; the risk of a decline in demand for semiconductor and camera
module products; failure by the industry to adopt technologies covered
by the Company's patents; the future expiration of the Company's
patents; the Company's ability to successfully complete and integrate
acquisitions of businesses, including the pending acquisition by
DigitalOptics Corporation ("DOC") of Flextronics's camera module
business in Zhuhai, China; the risk of loss of, or decreases in
production orders from, customers of acquired businesses; financial and
regulatory risks associated with the international nature of the
Company's businesses; failure of the Company's products to achieve
technological feasibility or profitability; failure to successfully
commercialize the Company's products; changes in demand for the products
of the Company's customers; limited opportunities to license
technologies and sell products due to high concentration in the markets
for semiconductors and related products and camera modules; the impact
of competing technologies on the demand for the Company's technologies
and products; failure by DOC to become a vertically integrated camera
module supplier; and the reliance on a limited number of suppliers for
the components used in the manufacture of DOC products. You are
cautioned not to place undue reliance on the forward-looking statements,
which speak only as of the date of this release. The Company's filings
with the Securities and Exchange Commission, including its Annual Report
on Form 10-K for the year ended Dec. 31, 2011, include more information
about factors that could affect the Company's financial results. The
Company assumes no obligation to update information contained in this
press release. Although this release may remain available on the
Company's website or elsewhere, its continued availability does not
indicate that the Company is reaffirming or confirming any of the
information contained herein.
About Tessera Technologies, Inc.
Tessera Technologies, Inc. is a holding company with operating
subsidiaries in two segments: Intellectual Property and DigitalOptics.
Our Intellectual Property business generates revenue from patented
innovations through license agreements with semiconductor companies and
outsourced semiconductor assembly and test companies. Tessera, Inc.
pioneered chip-scale packaging solutions for the semiconductor industry.
Our DigitalOptics business delivers innovation in imaging and optics
with products and capabilities that enable expanded functionality in
increasingly smaller devices. Our miniaturized camera module solutions
provide cost-effective, high-quality camera features, including Micro
Electro Mechanical Systems ("MEMS")-based autofocus, extended depth of
field ("EDoF"), zoom, image enhancement and optical image stabilization.
We also offer customized micro-optic lenses from diffractive and
refractive optical elements to integrated micro-optical subassemblies.
For information call 1.408.321.6000 or go to www.tessera.com.
Tessera, Tessera, Inc., the Tessera logo, DigitalOptics Corporation, and
Invensas Corporation are trademarks or registered trademarks of
affiliated companies of Tessera Technologies, Inc. in the United States
and other countries. All other company, brand and product names may be
trademarks or registered trademarks of their respective companies.
Tessera Technologies, Inc.
EVP and CFO
Investor Relations Contact:
Sr. Director, Investor Relations
Source: Tessera Technologies, Inc.
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