SAN JOSE, Calif.--(BUSINESS WIRE)--May. 11, 2009-- Tessera Technologies, Inc. (Nasdaq: TSRA) announced today that it has named Robert Yung, Ph.D., as its new chief technology officer. Dr. Yung will report to Tessera’s CEO and President, Henry R. “Hank” Nothhaft, and be responsible for the company’s technology vision and direction for its continuing innovation in, and development of, miniaturization technologies for wireless, consumer and computing electronic devices. He will also help set the corporate strategy and develop the technology roadmap.

“Robert will make a valuable addition to the Tessera team,” said Nothhaft. “He brings a global perspective and an extensive history of successful technology advancement at all of the previous positions he has held in the course of his career. He strikes a fine balance between technical expertise and customer focus. I am confident that Robert will lead Tessera’s innovation and vision into the next decade as we continue to expand our worldwide business.”

“There is a definite synergy between Tessera’s focus on the development and delivery of innovative technology and my own philosophy that strategic planning, customer focus, and deployment of engineering resources can help a company realize the full potential of its vision for the future,” said Yung. “I look forward to working with the team to further expand Tessera’s technology leadership, while helping to execute the company’s vision and growth strategy.”

Yung joins Tessera from PMC Sierra, a provider of broadband communications and storage semiconductors, which he joined in 2005 as vice president and CTO. Prior to PMC Sierra, he served as CTO for Intel Corporation’s Enterprise Processors Group, CTO for Intel’s Communications Products Group, and CTO for [Intel] China, where he directed Intel’s China research. Before Intel, Yung spent time as Sun Microsystems Inc.’s CTO for Asia. He has also held management and founding directorial positions at Nexgen Microsystems and Xenologic Inc.

In 2002, Yung was named to the National Committee of U.S.-China Relation's Fellow during the inaugural Young Leader Forum. In 2000, he was named to the World Economic Forum's “Top 100 Global Leaders for Tomorrow,” in Davos, Switzerland. Yung earned his B.A., M.S. and Ph.D. degrees in electrical engineering and computer science at the University of California at Berkeley. He is the inventor of 70 issued and more than 20 pending patents, and has published more than 50 technical articles in journals and at industry conferences.

About Tessera

Tessera Technologies develops and delivers technologies for wireless, consumer and computing products. The company’s packaging and interconnect solutions enable smaller, higher-functionality electronic devices. 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.

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 the employment of Dr. Yung and Dr. Yung’s impact on Tessera’s innovation and vision, as well as the expansion of Tessera’s worldwide business. 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, 2008 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, include more information about factors that could affect the company's financial results.

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.

Source: Tessera Technologies, Inc.

Tessera
Judy Erkanat, +1-408-321-6751
jerkanat@tessera.com
or
LEWIS PR for Tessera
Catherine Koo / Nicole Wasowski, +1-415-992-4400
Tessera@lewispr.com