Tessera Technologies, Inc. (NASDAQ:TSRA) (the “Company) will announce
its second quarter ended June 30, 2012 earnings results after the market
closes Thursday, July 26, 2012. 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 second 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 and available for replay for 90 days at www.tessera.com.
In addition, a replay of the call will be available via telephone for
two business days, beginning two hours after the call. To listen to the
telephone replay in the U.S., please dial 855-859-2056. International
callers please dial 404-537-3406. Enter access code 99631902.
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
second 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; 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;
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 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 of Flextronics’s camera module business 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
DigitalOptics Corporation 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 DigitalOptics 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 March 31, 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, Inc.
Tessera Technologies, Inc. is a holding company with operating
subsidiaries in two segments: Intellectual Property and DigitalOptics.
Our Intellectual Property business generates revenue from patented
innovations through license agreements with semiconductor companies and
outsourced semiconductor assembly and test companies. Tessera, Inc.
pioneered chip-scale packaging solutions for the semiconductor industry.
Our DigitalOptics business delivers innovation in imaging and optics
with products and capabilities that enable expanded functionality in
increasingly smaller devices. Our 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.
We also offer customized micro-optic lenses from diffractive and
refractive optical elements to integrated micro-optical subassemblies.
For information call 1.408.321.6000 or go to www.tessera.com.
Tessera, Tessera, Inc., the Tessera logo, DigitalOptics Corporation, and
Invensas Corporation 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
