Bruce McWilliams Assumes New Strategic Role

SAN JOSE, Calif.–(EMWNews)–Tessera Technologies, Inc. (Nasdaq:TSRA), a leading provider of

miniaturization technologies for the electronics industry, today

announced that its chairman, president and chief executive officer Bruce

McWilliams is transitioning to a new role as chief strategy officer.

Henry R. “Hank”

Nothhaft, current vice chairman of the board, will become president and

chief executive officer, effective immediately. McWilliams will remain

full-time chairman of Tessera’s board of

directors.

Tessera has reached a new level of growth and integration, having

diversified from packaging technology into imaging and optics solutions

with the acquisition of four technology companies in four years. This

transition of roles for McWilliams and Nothhaft comes as the company

recognizes the need for operational excellence coupled with a stronger

focus on long-term strategy, to further develop and grow these

businesses at a rapid rate.

In his new role, McWilliams will focus on strategic issues facing the

company’s business including growing its

foundational intellectual property, building relationships with other,

industry-leading technology companies and expanding its presence in the

debate over public policy issues involving intellectual property.

“I have held the role of president and CEO

since 1999, and during this time we have become a publicly held company,

grown revenues from $5 million to more than $200 million per year,

diversified into new business areas and expanded from a single location

to nine sites in six countries,” said

McWilliams. “As we intend to continue to

expand into new business areas, which will increase the complexity of

our business, it will become more challenging for any single person to

effectively lead both the operational and strategic aspects of our

corporation. We believe it now makes sense to have Hank, with his

extensive experience as a leader in the technology industry, take over

the operational aspects of the company. In becoming chief strategy

officer, I will focus full-time on what I love most –

charting strategic direction, fostering strategic relationships and

continuing our tradition of innovation, which are all key to Tessera’s

long-term growth.

“Hank and I have worked together for a few

years, both in his role as a member of Tessera’s

board of directors as well as our vice chairman. His entire career has

been focused on creating and leading high-growth organizations that work

effectively to achieve shared operational and strategic goals. I believe

together, we can grow Tessera to new levels of success,”

added McWilliams.

Nothhaft joined Tessera’s board of directors

in 2004 and joined the company as a full-time employee in April of this

year in the role of vice chairman. He brings extensive experience as CEO

of successful corporations to his new role as Tessera’s

president and CEO. He has previously been CEO of several technology

companies, one of which was sold to Microsoft Corp. and another that

merged with Nextlink to form XO Communications.

“Bruce and I make a great team and we

complement each other’s skills; together we’ll

enable Tessera to continue building value through innovation and

creation of intellectual capital,” said

Nothhaft. “Tessera’s

intellectual capital is our most valuable asset, and increasingly,

intellectual capital is becoming our nation’s

most valuable competitive resource. I look forward to working with Bruce

to maximize the value of our intellectual property, leveraging the

phenomenally talented Tessera employees and utilizing our expanding

strategic relationships with others in the technology industry.

“I have worked closely with Tessera in a

variety of roles over the past few years and have seen Bruce and his

team successfully transition the company from a small chip-scale

packaging technology supplier to a truly global provider of

transformational technologies. My background in telecommunications and

wireless technologies is well suited to the direction the company is now

headed, and I believe that together, Bruce and I can take things to the

next level,” added Nothhaft.

Nothhaft previously served as chairman and chief executive officer of

Danger, Inc., a privately-held wireless software and services provider,

which was acquired by Microsoft Corp. in early 2008 for $500 million.

Previously, he served as chairman, president and chief executive officer

of Concentric Network Corporation, where he led the company through its

successful IPO and its $2.5 billion merger with NextLink in 1999,

creating XO Communications. Prior to Concentric, he held executive roles

at DSC Communications Corporation, including senior vice president of

marketing and group president, in addition to serving as a member of its

board of directors. Nothhaft has also served as vice president of

marketing and vice president of sales for GTE Telenet Communications

Corporation (now Sprint). He has an M.B.A. from George Washington

University and a B.S. degree with distinction from the U.S. Naval

Academy.

About Tessera

Tessera Technologies, Inc. is a leading provider of miniaturization

technologies for the electronics industry. The company provides a broad

range of advanced packaging, interconnect, and consumer optics solutions

which are widely adopted in high-growth markets including consumer,

computing, communications, medical and defense electronics. Tessera’s

customers include the world’s top

semiconductor companies such as Intel, Samsung, Texas Instruments,

Toshiba, Micron and Infineon. The company’s

stock is traded on the Nasdaq National Market under the symbol TSRA.

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 March

30, 2008, include more information about factors that could affect the

company’s financial results.

Tessera and the Tessera logo are registered trademarks of Tessera. All

other company, brand and product names may be trademarks or registered

trademarks of their respective companies.

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