Tessera and Samsung Enter into New Patent License Agreements

Tessera Technologies, Inc.

(“Tessera”) and Samsung Electronics Co., Ltd.

(“Samsung”) announced today that Tessera's subsidiaries Tessera, Inc. and Invensas Corporation each entered into new patent license agreements with Samsung. “We are pleased to announce an expanded relationship with Samsung, one of the leading mobile device and semiconductor chip manufacturers in the world,” said Tom Lacey, president and chief executive officer, Tessera Technologies, Inc. “Our Tessera, Inc. semiconductor packaging portfolio continues to be used by many leading companies, and Invensas continues to license its semiconductor and semiconductor packaging portfolio while innovating with next generation packaging solutions like its multi-die face down (xFD™), Bond Via Array (BVA™), and 3D IC packaging solutions. Tessera looks forward to continuing to deepen our long-standing relationship with Samsung.” “Tessera has been an innovator in semiconductor packaging for many years,” said Tae-Gyeong Chung, senior vice president and head of semiconductor packaging, Samsung Electronics Co., Ltd. “Samsung is delighted to have expanded our existing relationship with Tessera, Inc. and established a new relationship with Invensas. Beyond patent licenses, we look forward to working with Invensas and exploring the potential benefits of its current and future technologies.” The specific terms and conditions of the agreements are confidential and have not been disclosed by the companies. About Tessera Technologies, Inc. Tessera Technologies, Inc. is a holding company with operating subsidiaries in two segments: Intellectual Property and DigitalOptics. Our Intellectual Property segment, managed by Tessera Intellectual Property Corp., generates revenue from manufacturers and other implementers that use our technology. Our DigitalOptics business delivers innovation in imaging systems for smartphones. For more information call 1.408.321.6000 or visit www.tessera.com. About Samsung Electronics Co., Ltd. Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. We employ 270,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com. 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 new patent license agreements with Samsung, the Company's future relationship with Samsung and Invensas's next generation packaging solutions. Material factors that may cause results to differ from the statements made include the plans or operations relating to the Company's businesses; any need to spend more cash and/or incur greater charges than anticipated in connection with the DOC restructuring, workforce reduction, facility closures and related activities; any need to undertake further restructuring activities; 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; the timing and results, which are not predictable and may vary in any individual proceeding, of any ICC ruling or award, including in the Amkor arbitration; 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 semiconductor and products utilizing DOC 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 and sell products due to high concentration in the markets for semiconductors and related products and camera modules; and the impact of competing technologies on the demand for the Company's technologies and products. 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, 2012, and its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2013, 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. Tessera, the Tessera logo, Invensas Corporation, xFD, BVA and DOC 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.