Tessera Technologies, Inc. Comments On FY 2013 Revenue Guidance; Plans No Longer To Provide Financial Guidance-Conference Call

Tessera Technologies, Inc. announced that in fiscal 2013, it expects to see significant changes in business as DigitalOptics business starts to generate high-volume manufacturing of integrated camera modules for mobile phones and the Company believe will generate meaningful sales. As with most new businesses, there's a greater uncertainty initially into the predictability of revenue. This uncertainty will not enable us to provide sufficient visibility to investors regarding near-term financial expectations and performance. Therefore, commencing with the first quarter of 2013, we plan to no longer provide financial guidance.