- Returns '419 Patent to Examiner for Additional Proceedings -
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 5, 2008--Tessera
Technologies, Inc. (Nasdaq:TSRA) announced that the U.S. Patent and
Trademark Office (PTO) has withdrawn the Right of Appeal Notice it
issued on Sept. 17, 2008 and agreed to reopen prosecution of the inter
partes reexamination of Tessera's U.S. Patent No. 6,433,419 ('419
patent). The PTO also granted Tessera's request to have the record
include certain additional materials previously filed by Tessera in
response to the Action Closing Prosecution.
On June 13, 2008, the examiner issued an Action Closing
Prosecution and followed in September with a Right of Appeal Notice,
which typically is the final step before appeal. Upon review of a
request filed by Tessera, the PTO determined that the '419 patent
reexamination must remain with the examiner for further review and
issuance of a new office action instead of being sent to the Board of
Patent Appeals and Interferences for appeal.
The '419 patent is being asserted in the U.S. International Trade
Commission (ITC) Investigation No. 337-TA-605 (Wireless ITC action)
and Investigation No. 337-TA-649 (the Subcon ITC Action) and was
recently found valid and enforceable by unanimous decision of the
arbitration panel in the company's dispute with Amkor Technology, Inc.
About Tessera Technologies, Inc.
Tessera is a leading provider of miniaturization technologies for
the electronics industry. The company licenses its innovations, as
well as delivers products based on these innovations to promote the
development of the supply chain infrastructure, thus enabling
manufacturers to get the right product to market, at the right time.
Tessera is headquartered in San Jose, California. For information call
1.408.321.6000 or go to www.tessera.com.
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. 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 December 31, 2007 and its Quarterly Report on Form 10-Q for
the quarter ended June 30, 2008, include more information about
factors that could affect the company's financial results.
CONTACT: Tessera Technologies, Inc.
Michael Anthofer, 408-321-6711
Chief Financial Officer
Moriah Shilton, 408-321-6713
Director, Investor Relations
SOURCE: Tessera Technologies, Inc.