PRESS RELEASE: Tessera Opens Office in Seoul
Company to Hold First Technology Symposium in Korea
SAN JOSE, Calif. & SEOUL, South Korea -- (BUSINESS WIRE) -- Tessera Technologies, Inc. (Nasdaq:TSRA) today confirmed its commitment to the Korean market with the opening of a new office in Seoul. The office will support Tessera’s regional activities with OEMs and industry partners in the growing cell phone market.
“The Republic of Korea is experiencing solid growth in the mobile device market”
“The Republic of Korea is experiencing solid growth in the mobile device market,” said Woong Lee, director of Business Development and Marketing, Tessera Korea, Ltd. “We have several important customers and partners in this country, where we plan to play a leading role over the next few years.”
In addition, Tessera is holding its first Tessera Technology Symposium in Seoul. The Symposium is focusing on the theme, “Transforming Consumer Electronics with HD Video,” and features a keynote presentation from Tae Chan Kim, Master, Samsung LSI. Presentations at the event include:
Transforming Consumer Electronics with HD Video
The Camera Sensor: Its Evolution and Value
Transforming the Camera
MEMS: Next-Generation Auto-Focus for HD Video
Creating the User Experience for HD Video Capture and Display
The Symposium will also include live technology demonstrations from Tessera and its partners. A complete agenda for the event can be found at: http://tessera.com/abouttessera/upcomingevents/Pages/korea-agenda.aspx.
WHERE / WHEN:
Ritz-Carlton, Seoul, South Korea Thursday, November 4, 2010
8:30 a.m. – 2:00 p.m.
For more information about the annual Tessera Technology Symposia, please go to www.tessera.com. To register, visit http://purl.manticoretechnology.com/MTC_Common/mtcURLSrv.aspx?ID=9715&Key=7DCB96DE-A4C1-46FA-8DF2-16DE71DCCD2E&URLID=4493.
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 Tessera’s assessment of the Korean mobile device market, Tessera’s commitment and ability to successfully operate in the Korean mobile device market, the occurrence of the Tessera Technology Symposia and the content of the demos, exhibits and workshops during the Symposia, as well as the participation of Samsung LSI and Tessera’s management in the Symposia. 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 Dec. 31, 2009, and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, include more information about factors that could affect the company's financial results. Tessera assumes no obligation to update information contained in this press release. Although this release may remain available on Tessera's website or elsewhere, its continued availability does not indicate that Tessera is reaffirming or confirming any of the information contained herein.
Tessera Technologies, Inc. invests in, licenses and delivers innovative miniaturization technologies that transform next-generation electronic devices. The company’s micro-electronics solutions enable smaller, higher-functionality devices through chip-scale, 3D and wafer-level packaging technology, as well as high-density substrate and silent air cooling technology. Tessera’s imaging and optics solutions provide low-cost, high-quality camera functionality for wafer-level cameras, compact camera modules and specialty micro-optics systems, and include image enhancement technologies, wafer-level packaging and micro-optic solutions. 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.
Tessera and the Tessera logo 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.
(First posted on Wednesday, November 3, 2010 at 16:24 EDT)