Tessera's OptiML WLC Technology Honored in 2008 R&D 100 Awards

SAN JOSE, Calif.--(Business Wire)--
Tessera Technologies, Inc. (Nasdaq:TSRA), a provider of
transformational technologies that enable innovation in
next-generation electronics, today announced that its OptiML(TM)
wafer-level camera (WLC) technology was named by R&D Magazine as one
of the year's most significant innovations.

"Tessera has a history of innovation, as recognized by two earlier
R&D 100 Awards (the uZ(R) Fold-Over package in 2003 and the uBGA(R)
packaging technology for multi-chip modules in 1993) which recognized
our packaging technology. It is therefore very satisfying that R&D
Magazine has now honored our advanced wafer-level camera solution as
one of the 100 most novel technologies of 2008," said Michael
Bereziuk, executive vice president, Imaging and Optics, Tessera. "This
third award for our OptiML WLC technology further validates the market
appeal of our wafer-level optics portfolio."

OptiML WLC technology helps advance the integration of
miniaturized cameras in cell phones, personal computers, security
cameras and other camera-enabled devices. It enables cameras to be
manufactured at the wafer level, which reduces total cost and camera
module size by up to 50 percent over conventional modules used in
today's cell phone cameras.

This is the third award win for Tessera's OptiML WLC technology,
which was introduced in 2007. It was named a "Product of the Year" of
2007 by Electronic Products magazine, and honored by Advanced
Packaging magazine in the Novel Package Design category of its annual
Advanced Packaging Awards in July 2008.

The 2008 R&D 100 Awards, commonly known as "the Oscars of
Invention," showcase the most important new technologies
commercialized worldwide.

About the R&D 100 Awards

Established by the editors of R&D Magazine, the R&D 100 Awards
have been helping companies provide the important initial push a new
product needs to compete successfully in the marketplace. The winning
of an R&D 100 Award provides a mark of excellence known to industry,
government, and academia as proof that the product is one of the most
innovative ideas of the year.

About Tessera

Tessera Technologies, Inc. (Nasdaq:TSRA) 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, 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 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.

Tessera
Judy Erkanat, +1-408-952-4414
jerkanat@tessera.com
or
JHG Townsend PR for Tessera
Lori Scribner, +1-858-457-4888
Tessera_team@jhg.com

Copyright Business Wire 2008