SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 15, 2008--Tessera
Technologies, Inc. (Nasdaq:TSRA), a provider of transformational
technologies that enable innovation in next-generation electronics,
today announced the U.S. Patent and Trademark Office (PTO) on Sept.
11, 2008 issued a third non-final office action in the ongoing ex
parte reexamination of Tessera's U.S. Patent No. 6,133,627 (the '627
patent). The patent relates to semiconductor packaging technologies
used in a variety of applications.
The latest office action, which rejects certain claims of the '627
patent, was issued only one month after the second office action, in
which the PTO incorrectly stated that Tessera had "filed no arguments"
addressing the prior rejections. After Tessera resubmitted its
previously filed response, the PTO issued this third office action,
allowing Tessera to file a response by Oct. 13, 2008.
After consideration of Tessera's submission in response to the
third office action, the PTO may issue another office action, which
may or may not be a final rejection of the claims in question. There
is no deadline for further action by the PTO. If a final rejection is
issued, Tessera will have the opportunity to submit a response to the
PTO for its consideration, after which the PTO may either reopen the
reexamination of the patent or allow Tessera to file a Notice of
Appeal with the Board of Patent Appeals and Interferences.
The claims of a patent undergoing reexamination are valid until a
reexamination certificate cancelling the claims is issued. A
certificate can only be issued after all actions closing prosecution
are concluded, and all appeals have been exhausted.
Tessera is asserting the '627 patent in a number of litigations
including an investigation pending in the U.S. International Trade
Commission (ITC) against several companies. A hearing in that
investigation is scheduled to begin on Sept. 22, 2008.
Tessera Technologies, Inc. provides industry-leading manufacturers
with transformational technologies that enable next-generation
electronics, optics and imaging solutions. The company licenses its
innovations, as well as delivers products based on these innovations
to promote the development of the supply chain infrastructure, thus
enabling manufacturers to get the right product to market, at the
right time. Tessera is headquartered in San Jose, California. For
information call 1.408.894.0700 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. 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 June 30, 2008, include more information about
factors that could affect the company's financial results.
Tessera, the Tessera logo, the Chevron logo, OptiML, uPILR,
SHELLCASE and FotoNation are trademarks or registered trademarks of
Tessera Inc. or its affiliated companies in the United States and
CONTACT: Tessera Technologies, Inc.
John Keating, 408-952-4434
Senior Vice President, Corporate Development; Interim CFO
Moriah Shilton, 408-952-4356
SOURCE: Tessera Technologies, Inc.