PRESS RELEASE: Tessera Licenses OptiML Zoom Solution to Samsung
Innovative 3X Zoom Technology Provides Camera-Enabled Devices with Crisp, Clear, High-Quality Images
SAN JOSE, Calif. -- (BUSINESS WIRE) -- Tessera Technologies, Inc. (NASDAQ:TSRA) today announced that the System LSI Division of Samsung Electronics Co. Ltd. has licensed Tessera’s OptiML™ Zoom image enhancement solution, which provides high quality 3X zoom capabilities, without moving parts, for miniature cameras. Camera modules which incorporate this technology will enable high-quality zoom functionality in cell phones, portable video recorders and other camera-equipped mobile devices.
“With OptiML Zoom image enhancement technology for 3X Zoom, we continue to enhance our capabilities and provide more value for our customers.”
Tessera’s OptiML Zoom technology combines unique lens designs with specialized algorithms to provide a high-performance zoom solution which is smaller, more cost-effective, easier to manufacture and more reliable than conventional mechanical zoom solutions.
“Samsung has been offering high-quality CMOS imagers to the market place, and the cell phone market demands not only crisp, clear images, but also more advanced imaging technologies like 3X zoom,” said Dojun Rhee, vice president, marketing team, System LSI Division, Samsung Electronics. “With OptiML Zoom image enhancement technology for 3X Zoom, we continue to enhance our capabilities and provide more value for our customers.”
“We are pleased to expand our relationship with Samsung, and we are confident that our OptiML Zoom image enhancement technology will provide reliable, high-quality zoom capability to enhance the features of cell phone cameras,” said John Keating, senior vice president, Tessera. “Industry partners like Samsung LSI are crucial for executing our vision for implementing advanced imaging technologies in mobile devices.”
For more information about the company’s full portfolio of image enhancement solutions, please visit: http://www.tessera.com/technologies/imagingandoptics.
About OptiML Image Enhancement Solutions
The OptiML family of image enhancement solutions from Tessera enables significantly higher quality images in a cell phone camera form factor without the need for mechanical parts, resulting in a more reliable, miniaturized, cost-effective solution. The OptiML Zoom solution offers 3X zoom capabilities, and the OptiML Focus solution enables all objects from 20 centimeters to infinity to be in focus at once. The OptiML Low Light solution improves performance in low light, one of the key challenges in cell phone cameras, by increasing the amount of available light by as much as 250 percent, without degrading the field depth or other performance factors.
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 relationship with the System LSI Division of Samsung Electronics Co. Ltd. (“Samsung LSI”), Samsung LSI’s contribution to the implementation of Tessera’s imaging technologies in mobile devices, the use of Tessera's OptiML™ Zoom image enhancement solution by Samsung LSI, and the functionality and performance of Tessera's OptiML™ Zoom image enhancement solution . 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, 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., headquartered in San Jose, California, develops, invests in, licenses and delivers innovative miniaturization technologies and products for next-generation electronic devices. More than 65% of Tessera’s employees are dedicated technologists or inventors. The company’s micro-electronics solutions enable smaller, higher-functionality devices through chip-scale and wafer-level packaging, silicon-level interconnect and 3D packaging, as well as silent air cooling technology. Tessera’s imaging and optics solutions provide cost-effective, high-quality camera functionality in consumer electronic products through technologies that include Extended Depth of Field (EDOF), zoom and MEMS-based auto-focus. The company also offers custom micro-optics for semiconductor lithography, communications, medical, industrial and other applications. For information call 1.408.321.6000 or go to www.tessera.com.
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.
(First posted on Wednesday, March 16, 2011 at 11:38 EDT)