Tessera Technologies to Announce Fourth Quarter 2012 Results

  Tessera Technologies to Announce Fourth Quarter 2012 Results

Business Wire

SAN JOSE, Calif. -- January 28, 2013

Tessera Technologies, Inc. (NASDAQ: TSRA) (the “Company”) will announce its
fourth quarter ended Dec. 31, 2012 earnings results after the market closes
Thursday, Feb. 7, 2013. The Company will host an earnings conference call at
2:00 P.M. Pacific (5:00 P.M. Eastern).

Concurrent with the publication of its earnings press release, the Company
will post to its website management’s prepared remarks regarding the Company’s
quarterly performance. These prepared remarks are being made available prior
to the conference call in order to provide the investment community with
additional time to analyze the Company’s results. The conference call will
include management’s introductory remarks, followed by a Q&A session.

To access the Company's fourth quarter of 2012 earnings conference call in the
U.S., please dial (888) 723-9308, and for international callers dial
706-643-3789, approximately 10 minutes prior to the start of the conference
call. The conference call will also be broadcast live over the Internet at
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 timing of the announcement of the Company's
financial results for the fourth quarter of 2012 and the timing of the
earnings conference call. 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; 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
expiration of license agreements and the cessation of related royalty income;
the failure, inability or refusal of licensees to pay royalties; initiation,
delays, setbacks or losses relating to the Company’s intellectual property or
intellectual property litigations, or invalidation or limitation of key
patents; the timing and results, which are not predictable and may vary in any
individual proceeding, of any ICC ruling or award, including in the Amkor
arbitration; fluctuations in operating results due to the timing of new
license agreements and royalties, or due to legal costs; the risk of a decline
in demand for semiconductor and camera module products; failure by the
industry to use technologies covered by the Company’s patents; the expiration
of the Company's patents; the Company's ability to successfully complete and
integrate acquisitions of businesses, including the integration by
DigitalOptics Corporation ("DOC") of its recently acquired camera module
manufacturing facility 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, and its Quarterly Report on Form 10-Q for
the quarter ended Sept. 30, 2012, 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

Tessera Technologies, Inc. is a holding company with operating subsidiaries in
two segments: Intellectual Property and DigitalOptics. The Intellectual
Property business, comprised of engineering, licensing, account administration
and litigation teams, generates revenue from manufacturers that use its
patented ideas. The DigitalOptics business delivers innovation in imaging and
optics with products and capabilities that enable expanded functionality in
increasingly smaller devices. DigitalOptics’ 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.
DigitalOptics also offers customized micro-optic lenses from diffractive and
refractive optical elements to integrated micro-optical subassemblies. For
more information call 1.408.321.6000 or visit www.tessera.com

Tessera, the Tessera logo, DOC, the DOC logo, and Invensas 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.

TSRA-E

Contact:

Tessera Technologies, Inc.
Rick Neely, 408-321-6756
Chief Financial Officer