Market Overview

Xperi Announces DTS Connected Radio to Launch With Global Automotive Brand in 2019

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Leading tier one supplier to implement DTS Connected Radio into
vehicles

Xperi
Corporation
(NASDAQ:XPER) ("Xperi") is pleased to announce that its
DTS® Connected Radio™ technology is being integrated into the
cars of a major global automotive brand and is planned for commercial
launch next year. This commercial launch reflects the joint effort
between DTS and a leading tier one supplier to integrate this next
generation radio technology.

"We are actively engaged with a number of car companies to launch our
connected radio solution," said Jeff Jury, general manager, automotive
at Xperi. "We are pleased with the market response to our new generation
of radio solutions and testing is proceeding on schedule. In particular,
we are very excited to be launching the DTS Connected Radio system with
a major global car company next year. We continue to build on our
longstanding relationships with carmakers and broadcasters to create
advanced radio solutions that deliver the best possible experience for
people everywhere."

The DTS Connected Radio system will be the first global system to enable
car makers to create a common, enhanced radio experience across
different analog and digital broadcast systems deployed regionally.
Utilizing an IP connection installed in a vehicle, DTS Connected Radio
delivers an innovative analog AM/FM and digital (DAB and HD Radio)
experience by pairing broadcast programming with IP-delivered content.
DTS Connected Radio aggregates metadata, such as on-air radio program
and talent information, artist and song information, station contact
information and more, directly from broadcasters around the world to
deliver an enhanced in-vehicle radio experience.

Further information about the launch will be announced at a later date.

For more information about the DTS automotive business, please visit www.xperi.com/futureofauto
or www.dts.com.
Connect with DTS on Facebook,
Twitter
(@DTS)
and Instagram
(@DTS).

About Xperi Corporation

Xperi Corporation (NASDAQ:XPER) and its brands, DTS, FotoNation, HD
Radio, Invensas and Tessera, are dedicated to creating innovative
technology solutions that enable extraordinary experiences for people
around the world. Xperi's solutions are licensed by hundreds of leading
global partners and have shipped in billions of products in areas
including premium audio, automotive, broadcast, computational imaging,
computer vision, mobile computing and communications, memory, data
storage, and 3D semiconductor interconnect and packaging. For more
information, please call 408-321-6000 or visit www.xperi.com.

DTS, FotoNation, HD Radio, Invensas, Xperi and their respective logos
are trademarks or registered trademarks of affiliated companies of Xperi
Corporation in the United States and other countries. All other company,
brand and product names may be trademarks or registered trademarks of
their respective companies.

Xperi Safe Harbor Statement

This press release 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
implementation with a major global car brand, and the development,
integration, features, benefits, and characteristics of DTS Connected
Radio technology. Material factors that may cause results to differ from
the statements made include the plans or operations relating to the
businesses of Xperi; market or industry conditions; changes in patent
laws, regulation or enforcement, or other factors that might affect
Xperi'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
Xperi'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 our audio and imaging technologies; failure by
the industry to use technologies covered by Xperi's patents; the
expiration of Xperi's patents; Xperi'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 Xperi's businesses; failure of Xperi's products to achieve
technological feasibility or profitability; failure to successfully
commercialize Xperi's products; changes in demand for the products of
Xperi's customers; limited opportunities to license technologies due to
high concentration in applicable markets for such technologies; the
impact of competing technologies on the demand for Xperi's technologies;
pricing trends, including Xperi's ability to achieve economies of scale;
and other developments in the markets in which Xperi operates, as well
as management's response to any of the aforementioned factors. You are
cautioned not to place undue reliance on the forward-looking statements,
which speak only as of the date of this release.

The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the Risk
Factors included in Xperi's recent reports on Form 10-K and Form 10-Q
and other documents of Xperi on file with the Securities and Exchange
Commission (the "SEC"). Xperi's SEC filings are available publicly on
the SEC's website at www.sec.gov.
Any forward-looking statements made or incorporated by reference herein
are qualified in their entirety by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by Xperi will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects
on, Xperi or its business or operations. Except to the extent required
by applicable law, Xperi undertakes no obligation to update publicly or
revise any forward-looking statement, whether as a result of new
information, future developments or otherwise.

SOURCE: XPERI CORPORATION

XPER-D

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