Technology to be showcased at Texas Instruments Booth at
TU-Automotive in Detroit
SAN JOSE, Calif.--(BUSINESS WIRE)--
FotoNation Limited, a wholly owned subsidiary of Tessera Technologies
Inc. (NASDAQ:TSRA) and the leading provider of computational imaging
solutions for mobile phones and digital still cameras, is entering the
global automotive market with its new driver monitoring system.
FotoNation's FacePowerTM technology identifies the driver,
detects driver drowsiness and distraction, and allows manufacturers to
provide their customers an enhanced and safer driving experience. Driver
monitoring is one of the most effective in-vehicle road safety measures,
and smarter driver monitoring systems with FotoNation technology can
help avert accidents caused by driver inattention.
"Face detection, head position, eye tracking and eye closure detection
are the most effective physical markers to determine a driver's
condition," said Sumat Mehra, SVP of Marketing and Business Development
at FotoNation. "Our technology can successfully detect various driver
states, even with the presence of image occlusions, such as face masks,
head scarves, hats or glasses, and in all lighting conditions. This
allows us to deliver the most advanced driver monitoring system on the
market. Based on discussions with our partners, we believe some car
models will include driver monitoring technologies in 2017 or 2018."
FotoNation's new driver monitoring system runs on the Texas Instruments
TDA3x System-on-Chip processor, and will be showcased at the Texas
Instruments Booth MRV1 at TU-Automotive (formerly Telematics Detroit) on
June 4-5, 2015.
"Working with driver monitoring software IP suppliers such as FotoNation
enables a complete solution for our automotive customers," said Jason
Jacob, processor general manager, Advanced Driver Assistance Systems at
Texas Instruments. "Our TDA3x System-on-Chip is a perfect platform for
driver monitoring applications with its efficient Digital Signal
Processor (DSP) and Embedded Vision Engine (EVE) processing cores, as
well as the integration of an Image Signal Processor and a
Microcontroller Unit, all of which reduces cost, size and power
footprint allowing scalability from entry-level to premium vehicles."
Safe Harbor Statement
This document 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, particularly with respect to the
characteristics, benefits, features and market opportunities for
FotoNation's driver monitoring system and FacePower technology. Material
factors that may cause results to differ from the statements made
include the plans or operations relating to the businesses of Tessera
Technologies, Inc. (the "Company"); market or industry conditions;
changes in patent laws, regulation or enforcement, or other factors that
might affect the Company's ability to protect or realize the value of
its intellectual property; the expiration of license agreements and the
cessation of related royalty income; the failure, inability or refusal
of licensees to pay royalties; initiation, delays, setbacks or losses
relating to the Company's intellectual property or litigation matters,
or invalidation or limitation of key patents; fluctuations in operating
results due to the timing of new license agreements and royalties, or
due to legal costs; the risk of a decline in demand for semiconductors
and products utilizing FotoNation technologies; failure by the industry
to use technologies covered by the Company's patents; the expiration of
the Company's patents; the Company's ability to successfully complete
and integrate acquisitions of businesses; the risk of loss of, or
decreases in production orders from, customers of acquired businesses;
financial and regulatory risks associated with the international nature
of the Company's businesses; failure of the Company's products to
achieve technological feasibility or profitability; failure to
successfully commercialize the Company's products; changes in demand for
the products of the Company's customers; limited opportunities to
license technologies due to high concentration in the markets for
semiconductors and related products and smartphone imaging; and the
impact of competing technologies on the demand for the Company's
technologies. You are cautioned not to place undue reliance on the
forward-looking statements, which speak only as of the date of this
release. The Company's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year ended
Dec. 31, 2014, and its Quarterly Report on Form 10-Q for the quarter
ended Mar. 31, 2015, include more information about factors that could
affect the Company's financial results. The Company assumes no
obligation to update information contained in this press release.
Although this release may remain available on the Company's website or
elsewhere, its continued availability does not indicate that the Company
is reaffirming or confirming any of the information contained herein.
About FotoNation
FotoNation is giving life to computational imaging by merging technology
with emotion. With technology in more than 60 percent of global tier-one
smartphones, FotoNation develops technologies that serve the
computational imaging space for handsets and cameras, as well as the
automotive, surveillance, security and augmented reality markets. We
create, innovate and deliver the next generation of computational
imaging algorithms. We engineer new ways to reach the highest possible
performance while keeping system requirements to a minimum. We have a
long history of innovating and advancing the state of the art in image
processing. More than a decade ago, we were the first to integrate a
computational imaging solution in an embedded mobile device. Today
FotoNation remains the leader in computational photography and computer
vision. Nearly 2 billion digital cameras and smart devices are powered
by the imaging technologies designed by the sharp minds and passionate
hearts of FotoNation engineers. For more information, visit www.fotonation.com.
About Tessera Technologies, Inc.
Tessera Technologies Inc., including its Invensas and FotoNation
subsidiaries, generates revenue from licensing our technologies and
intellectual property to customers and others who implement it for use
in areas such as mobile computing and communications, memory and data
storage, and 3D-IC technologies, among others. Our technologies include
semiconductor packaging and interconnect solutions, and products and
solutions for mobile and computational imaging, including our LifeFocusTM,
FaceToolsTM, FacePowerTM, FotoSavvyTM,
DigitalApertureTM, face beautification, red-eye removal, High
Dynamic Range, autofocus, panorama, and image stabilization intellectual
property.
Tessera, the Tessera logo, FotoNation, the FotoNation logo, LifeFocus,
FaceTools, FacePower, FotoSavvy and DigitalAperture 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.
TSRA-F
View source version on businesswire.com: http://www.businesswire.com/news/home/20150528006475/en/
Tessera Technologies Inc.
Robert Andersen, 408-321-6779
Executive
Vice President and Chief Financial Officer
or
The Piacente
Group | Investor Relations
Don Markley or Glenn Garmont,
212-481-2050
Tessera@tpg-ir.com
or
Media
Contact:
Impress Labs
Christian Zdebel, 484-788-2384
christian@impresslabs.com
Source: Tessera Technologies Inc.
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