Tessera Technologies Announces Results Of Annual Meeting Of Stockholders

Tessera Technologies, Inc. (NASDAQ: TSRA) (the “Company”) today announced the voting results of its Annual Meeting of Stockholders held March 30, 2012 in San Jose, California.

The Company’s stockholders elected Robert J. Boehlke, John B. Goodrich, David C. Nagel, Kevin G. Rivette, Anthony J. Tether, and Robert A. Young to the Board of Directors for terms ending upon the 2013 annual stockholders meeting.

The Company’s stockholders also approved the Company's 2012 Performance Bonus Plan for Executive Officers and Key Employees.

In addition, the Company’s stockholders approved the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement.

Finally, the Company’s stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent auditors of the Company for the fiscal year ending December 31, 2012.

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.


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