SAN JOSE, Calif.--(BUSINESS WIRE)-- Tessera Technologies, Inc. (Nasdaq:TSRA) announced today that the company’s OptiML^™ Wafer-Level Camera (WLC) technology has won a 2008 Prism Award for technical innovation.

The Prism Awards program recognizes photonics innovation and is sponsored by SPIE, an international society advancing light-based research, and Laurin Publishing, which provides comprehensive worldwide coverage of the photonics industry. The global competition presents awards for advanced work in optics, lasers, imaging systems, metrology and more. The awards are judged by a distinguished panel of technology experts in their respective fields.

“It is a privilege to receive this award for our OptiML Wafer-Level Camera technology,” said Michael Bereziuk, executive vice president, Imaging & Optics, Tessera. “As devices such as cell phones get smaller, innovative imaging solutions such as our OptiML WLC technology will transform next-generation handsets by enabling higher levels of functionality for consumers while providing a smaller, lower-cost, more reliable camera module solution for manufacturers.”

OptiML WLC technology reduces the size of camera modules by up to 50 percent. The innovative technology enables thousands of tiny lenses to be formed on a wafer at the same time, substantially lowering total manufacturing costs. By using reflow-compatible materials for the lenses, the technology makes it possible for camera modules to go through high-heat soldering of up to 260 degrees Celsius without damage. This means they can be mounted directly onto phone boards using the same reflow process used to assemble other electronics, which reduces costs.

OptiML WLC technology is currently available for licensing from Tessera. For more information, go to www.tessera.com.

About Tessera

Tessera develops and delivers technologies for wireless, consumer and computing products. The company’s packaging and interconnect solutions enable smaller, higher-functionality electronic devices. Tessera’s imaging and optics solutions provide low-cost, high-quality camera functionality in electronic products and include image sensor packaging, wafer-level optics and image enhancement intellectual property. The company also offers customized micro-optic lenses, from diffractive and refractive optical elements to integrated micro-optical subassemblies. Tessera licenses its technologies, as well as delivers products based on these technologies, to promote the development of the supply chain infrastructure. The company is headquartered in San Jose, California. For information call 1.408.321.6000 or go to 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 features and performance of Tessera's technologies, as well as any future market trends. Material factors that may cause results to differ from the statements made include delays, setbacks or losses relating to our intellectual property or intellectual property litigations, or any invalidation or limitation of our key patents; fluctuations in our 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 our ability to protect our intellectual property; the risk of a decline in demand for semiconductor products; failure by the industry to adopt our technologies; competing technologies; the future expiration of our patents; the future expiration of our license agreements and the cessation of related royalty income; the failure or refusal of licensees to pay royalties; failure to achieve the growth prospects and synergies expected from acquisition transactions; and delays and challenges associated with integrating acquired companies with our existing businesses. 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, 2007 and its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2008, include more information about factors that could affect the company's financial results.

Tessera, the Tessera logo and OptiML are trademarks or registered trademarks of Tessera Inc. or its affiliated companies in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Source: Tessera Technologies, Inc.

Tessera
Judy Erkanat, +1-408-321-6751
jerkanat@tessera.com
or
LEWIS PR for Tessera
Catherine Koo or Nicole Wasowski, +1-415-321-6751
Tessera@lewispr.com