Federal Circuit Issues Procedural Ruling in PTI v. Tessera Lawsuit

Tessera Technologies, Inc. (NASDAQ: TSRA) today announced that on Sept. 30, 2011, the U.S. Court of Appeals for the Federal Circuit reversed a lower court that had dismissed a lawsuit brought by Powertech Technology Inc. (PTI) against Tessera, Inc.

In March 2010, PTI filed a lawsuit in U.S. District Court seeking a declaration of noninfringement and invalidity regarding a single Tessera, Inc. patent, U.S. Patent No. 5,663,106. The District Court dismissed the lawsuit on procedural grounds, namely, a lack of subject matter jurisdiction. On appeal, the Court of Appeals disagreed, and remanded the matter back to the District Court for further proceedings. The appellate court's decision is not a ruling on the merits of PTI's claims regarding U.S. Patent No. 5,663,106.

“We are confident in the merits of our case, and are prepared to move forward following this ruling by the Court of Appeals,” said Robert A. Young, president and chief executive officer, Tessera, Inc.

Tessera has the option to petition the panel and/or the full Court of Appeals for rehearing within 45 days, and to petition the U.S. Supreme Court for a writ of certiorari within 90 days after entry of the judgment or any requests for rehearing are denied, whichever is later.