BARCELONA, Spain, & SAN JOSE, Calif.--(BUSINESS WIRE)--
Mobile World Congress - 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, has raised the bar on how mobile users will
experience photography. The first outcome of a cooperation with LG,
based on FotoNation's LifeFocus™
technology is on display in LG's latest premium smartphone, the LG V10™.
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LG V10(TM) smartphone, Source: LG
FotoNation's LifeFocus portfolio leverages a set of advanced face
detection and tracking technologies used to ensure the subject is
in-focus. For example, Face Detection Auto Focus (FDAF) ensures that
smartphone users always capture high quality, in-focus photos and videos
in any lighting condition. FDAF works in conjunction with existing
state-of-the-art auto-focus (AF) systems based on contrast-, laser- or
phase-detection, offering unmatched face focus time and quality.
"FotoNation's LifeFocus technology are designed to flawlessly capture
life's important moments and ensure they're always in-focus," stated
Sumat Mehra, senior vice president of marketing and business development
at FotoNation. "We pride ourselves on our industry-leading image quality
and are pleased to have collaborated on the feature-packed LG V10,
enabling advanced auto-focus capabilities that deliver high quality and
speed."
About FotoNation
FotoNation is giving life to computational imaging by merging technology
with emotion. With technology in more than 60 % 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, licenses technologies and intellectual property to
customers 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. For more information, call +1.408.321.6000 or visit www.tessera.com
or www.invensas.com.
Tessera, the Tessera logo, FotoNation, the FotoNation logo, FaceSavvy,
FaceTools, FacePower, DigitalAperture, and LifeFocus 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.
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, and features of FotoNation technologies and
the use of such technologies in LG smartphones. 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 intellectual property litigations, 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 Sept. 30, 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.
TSRA-F
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PR Agency Contact:
Zeno Group
Dan Sorensen, +1
650-801-0944
Dan.sorensen@zenogroup.com
or
Company
Contact:
Tessera Technologies
Adolph Hunter, +1
408-321-6710
ahunter@tessera.com
Source: Tessera Technologies, Inc.
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