Tessera Technologies Set to Announce First Quarter 2011 Results

Tessera Technologies (News - Alert),a leader in integrated circuit packaging with its transformational technology , will announce its first quarter ended March 31, 2011 earnings results after the market closes on Thursday, April 28, 2011. Tessera is going to host an earnings conference call at 2:00 P.M. Pacific (5:00 P.M. Eastern).

Having robust revenue of $301.4 million for financial year 2010 and having acquired Siimpel in the same year, Tessera is optimistic about its first quarterly performance this year. Further licensing agreements with Fujitsu (News - Alert) and UTAC have infused financial vigor to the company.

 Headquartered in San Jose, California, Tessera Technologies derives a significant portion of its revenues from licensees headquartered outside of the U.S. It has also expanded its operations outside of the U.S. such as research and development facilities in Japan, Israel, Ireland and Romania to design, develop, test or market certain technologies.

 After its founding in 1990, Tessera became a leader in integrated circuit (IC) packaging with its transformational Tessera Compliant Chip® (TCC) chip-scale packaging (CSP (News - Alert)) technology. This innovative technology, which has been widely adopted by the semiconductor industry, enables the packaging of an IC to be approximately the same size as the IC itself. The company continues to develop breakthrough solutions in this arena, most recently applying its unique expertise to 3D packaging, high-density substrates and silent air cooling technology.

Concurrent with the publication of its earnings press release, Tessera will post to its website management’s prepared remarks regarding Tessera’s quarterly performance. These prepared remarks are being made available prior to the conference call in order to provide the investment community with additional time to analyze Tessera’s results. The conference call will include management’s introductory remarks, followed by a Q&A session.

To access Tessera’s first quarter of 2011 earnings conference call in the U.S., dial 866-531-1286 (for international callers dial 706-643-3789) approximately 10 minutes prior to the start of the conference call. The conference call will also be broadcast live over the Internet and available for replay for 90 days at Tessera’s website. In addition, a replay of the call will be available via telephone for two business days, beginning two hours after the call.