SAN JOSE, Calif.--(BUSINESS WIRE)--April 14, 2005--Tessera
Technologies, Inc. (Nasdaq:TSRA), a leading provider of
miniaturization technologies for the electronics industry, today
announced it has amended its previously filed patent infringement suit
against Infineon Technologies AG (NYSE:IFX) and Micron Technology,
Inc. (NYSE:MU) to include violations of antitrust law and illegal
business interference. In this amendment, Tessera seeks damages and an
injunction under Federal and Texas law based on Micron and Infineon's
anticompetitive actions in the synchronous DRAM market, in addition to
Tessera's existing charges that certain of the defendants' packaged
semiconductor components use Tessera patented inventions.
"As set forth in the amended complaint, Tessera believes it was
substantially harmed by a conspiracy to boycott Tessera's packaging
technology," said Chris Pickett, Tessera's senior vice president and
general counsel. "Tessera's patented packaging technology was a
necessary component of RDRAM products, and the amended complaint
refers to several documents now in the public record which we believe
show that the defendants colluded to prevent RDRAM products from
competing fairly in the marketplace. We further believe that the
defendants' anticompetitive actions continue through their refusal to
pay for their deliberate use of Tessera's patented technology."
"Tessera is confident in its position and believes this course of
action is important for the company and its stakeholders," added
Pickett. "Tessera management will provide a litigation update on our
upcoming quarterly earnings conference call."
About Tessera Technologies, Inc.
Tessera Technologies, Inc., through its wholly-owned subsidiary
Tessera, Inc., is a leading provider of miniaturization technologies
for the electronics industry. Tessera enables new levels of
miniaturization and performance by applying its unique expertise in
the electrical, thermal and mechanical properties of materials and
interconnect. As a result, Tessera's technologies are widely adopted
in high-growth markets including consumer, computing, communications,
medical and defense. Tessera's customers include the world's top
semiconductor companies such as Intel, Samsung, Renesas, Toshiba and
Texas Instruments. The company's stock is traded on the Nasdaq
National Market under the symbol TSRA. Tessera is headquartered in San
Jose, California. 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. Factors that might cause or
contribute to such differences include, but are not limited to,
fluctuations in Tessera's operating results due to the timing of new
license agreements and royalties, the pace of adoption of Tessera's
chip scale and multi-chip packaging technologies by the consumer
electronics industry, Tessera's ability to protect its intellectual
property and increases in the costs of that effort and the risk of a
decline in demand for semiconductor products. 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, 2004 include more
information about factors that could affect the company's financial
results.
CONTACT: Tessera Technologies, Inc.
Doug Norby, 408-894-0700
(Senior Vice President, Chief Financial Officer)
Mike Forman, 408-894-0700
(Vice President, Finance and Administration)
or
Lippert/Heilshorn & Associates
Moriah Shilton, 415-433-3777 (Investor Relations)
Moriah@lhai-sf.com
Kirsten Chapman, 415-433-3777 (Investor Relations)
SOURCE: Tessera Technologies, Inc.