SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 29, 2006--Tessera
Technologies, Inc. (Nasdaq:TSRA), a leading provider of
miniaturization technologies for the electronics industry, announced
today Charles A. Webster will be Executive Vice President and Chief
Financial Officer, effective August 28, 2006. Webster will report to
Chairman, Chief Executive Officer and President Bruce M. McWilliams
and be responsible for Tessera's finance, accounting, strategic
planning, corporate marketing and management information systems.
"Charlie joins Tessera with extensive semiconductor industry
knowledge and 20 years of background in financial management and
business," said McWilliams. "We are excited to have Charlie join our
already strong team, as he will complement our senior management as we
forge ahead with our growth strategy."
Michael A. Forman, Vice President of Finance and Administration,
will continue to be responsible for financial administration and
Webster, 43, was Corporate Vice President, Finance and Treasury of
KLA-Tencor Corporation, an S&P 500 company and world leader in yield
management and process control solutions for semiconductor
manufacturing and related industries. While at KLA-Tencor from July
2002 until August 2006, he was responsible for finance and accounting
of all product divisions, corporate financial planning and analysis,
treasury and investor relations and previously served as VP of Supply
Chain Management and VP of Materials. From 1997 through June 2002,
Webster worked for the Bechtel Group and Nexant, Inc. In January 2000,
he led the Nexant spin-off from Bechtel and then served as Nexant's
EVP and CFO, where he led four acquisitions and three rounds of
financing as well as business development, financial planning and
reporting, audit, tax and treasury. From 1993 through 1996, Webster
was VP and portfolio manager for Oppenheimer Capital's global equity
investment team. He began his career with Duke University and Price
Waterhouse. Webster has a Masters in Public Administration from
Harvard University, and a double major in economics and international
relations from Stanford University.
About Tessera Technologies, Inc.
Tessera Technologies, through its wholly-owned subsidiaries
Tessera, Inc., Tessera Israel, and Digital Optics Corporation, 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 interconnects, as
well as in micro-optics structures. 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.
Note: Tessera and the Tessera logo are registered trademarks of
Tessera, Inc. All other company, brand and product names may be
trademarks or registered trademarks of their respective companies.
CONTACT: Tessera Technologies, Inc.
Mike Forman, 408-894-0700
Lippert/Heilshorn & Associates
Kirsten Chapman, 415-433-3777 (Investor Relations)
Moriah Shilton, 415-433-3777 (Investor Relations)
SOURCE: Tessera Technologies, Inc.