Immersion and Huawei Enter into Multi-Year License Agreement

  Immersion and Huawei Enter into Multi-Year License Agreement

   Huawei to use haptics to create dynamic user experiences on smartphones

Business Wire

SAN JOSE, Calif. -- July 10, 2014

Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of
touch feedback technology, today announced that it has entered into a
multi-year worldwide license agreement with Huawei Device (Dongguan) Co.,
Ltd., the third largest global supplier of smartphones according to IDC. This
first direct license agreement with Huawei for Immersion’s haptic software,
TouchSense® 3000, enables Huawei to add tactile feedback to certain Huawei
branded mobile devices to create rich, multi-dimensional user experiences.

“At Huawei, our goal is to offer high-quality, well-designed devices to
consumers. Touch and tactile feedback is a natural part of how we understand
and communicate with the world. We’re working with Immersion to leverage their
expertise in how to bring the best haptic experiences to our products,” said
Wu Dezhou, VP of Honor brand devices at Huawei.

Immersion TouchSense software creates an unlimited number of customizable,
high-quality, power-efficient tactile effects that enhance mobile user
interfaces, applications and services. The technology enables device
manufacturers to create distinctive and intuitive user experiences by adding
touch feedback throughout the device for better usability, greater realism and
enhanced interactivity.

“Huawei is building leading full-feature smartphones to fit the busy lifestyle
of today’s users, and tactile feedback is one of those must-have features for
any smartphone,” said Dennis Sheehan, SVP of sales and marketing at Immersion.
“In addition to being at the center of a person’s communication, the
smartphone is now used for many other things, such as entertainment and
information discovery. With Immersion’s technology, mobile manufacturers can
improve and differentiate their user experiences by adding an entirely new
dimension to their devices. We’re pleased that Huawei has chosen to license
TouchSense and look forward to working with them to bring innovative tactile
experiences to users.”

For more information on TouchSense
visithttp://www.immersion.com/products/touchsense-tactile-feedback/.

About Immersion (www.immersion.com)

Founded in 1993, Immersion (NASDAQ:IMMR) is the leading innovator in haptics,
or tactile effects; the company's touch feedback solutions deliver a more
compelling sense of the digital world. Using Immersion's high-fidelity haptic
systems, partners can transform user experiences with unique and customizable
touch feedback effects; excite the senses in games, videos and music; restore
"mechanical" feel by providing intuitive and unmistakable confirmation;
improve safety by overcoming distractions while driving or performing a
medical procedure; and expand usability when audio and visual feedback are
ineffective. Immersion's TouchSense technology provides haptics in mobile
device, automotive, gaming, medical and consumer electronics products from
world-class companies. With over 1,650 issued or pending patents in the U.S.,
China and other countries, Immersion helps bring the digital universe to life.
Hear what we have to say at blog.immersion.com.

About Huawei

Huawei is a leading global information and communications technology (ICT)
solutions provider. Through the dedication to customer-centric innovation and
strong partnerships, Huawei has established end-to-end advantages in telecom
networks, devices and cloud computing. Huawei is committed to creating maximum
value for telecom operators, enterprises and consumers by providing
competitive solutions and services. Its products and solutions have been
deployed in over 170 countries, serving more than one third of the world’s
population.

For more information, visit Huawei online: www.huawei.com

Follow us on Twitter: www.twitter.com/huawei

YouTube: www.youtube.com/Huawei

Forward-looking Statements

This press release contains "forward-looking statements" that involve risks
and uncertainties, as well as assumptions that, if they never materialize or
prove incorrect, could cause the results of Immersion Corporation and its
consolidated subsidiaries to differ materially from those expressed or implied
by such forward-looking statements.

All statements, other than the statements of historical fact, are statements
that may be deemed forward-looking statements, including, but not limited to,
statements regarding the benefits of Immersion’s technology.

Immersion's actual results might differ materially from those stated or
implied by such forward-looking statements due to risks and uncertainties
associated with Immersion's business, which include, but are not limited to:
unanticipated difficulties and challenges encountered in establishing and
operating Immersion’s business entity in China, unanticipated difficulties and
challenges in product development efforts by Immersion and its licensees in
China (including Huawei); lack of market demand for Immersion’s technologies;
unanticipated difficulties and challenges encountered in implementation
efforts by Immersion’s licensees; adverse outcomes in any future intellectual
property-related litigation and the costs related thereto; the effects of the
current macroeconomic climate; delay in or failure to achieve commercial
demand for Immersion's products or third party products incorporating
Immersion's technologies; and a delay in or failure to achieve the acceptance
of touch feedback as a critical user experience. Many of these risks and
uncertainties are beyond the control of Immersion.

For a more detailed discussion of these factors, and other factors that could
cause actual results to vary materially, interested parties should review the
risk factors listed in Immersion's most current Form 10-Q, which is on file
with the U.S. Securities and Exchange Commission. The forward-looking
statements in this press release reflect Immersion's beliefs and predictions
as of the date of this release. Immersion disclaims any obligation to update
these forward-looking statements as a result of financial, business, or any
other developments occurring after the date of this release.

The use of the word "partners" in this press release does not mean legal
partners.

Immersion, the Immersion logo, and TouchSense are trademarks of Immersion
Corporation in the United States and other countries. All other trademarks are
the property of their respective owners.

(IMMR - C)

Contact:

Immersion Media
Edelman
Reagan Crossley, 650-762-2955
reagan.crossley@edelman.com
or
Immersion Investors
The Blueshirt Group
Jennifer Jarman, 415-217-5866
jennifer@blueshirtgroup.com
 
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