Tessera Names Neely CFO

Tessera Technologies, Inc.

(the “Company”) today announced C. Richard (Rick) Neely, Jr. has been named executive vice president and chief financial officer, effective immediately. Neely will report to Robert A. Young, the Company's president and chief executive officer, and be responsible for the company's finance, accounting, financial planning, and investor relations. The Company also announced that its former CFO, Michael Anthofer, has resigned his position to pursue other interests and opportunities.