28.08.2007 12:05:00
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Tessera Names Michael Bereziuk Chief Operating Officer
Tessera Technologies, Inc. (Nasdaq:TSRA), a leading provider of
miniaturization technologies for the electronics industry, announced
today it has named Michael Bereziuk, 54, chief operating officer. He
previously served as Tessera’s executive vice
president, product division. In his new role, Bereziuk will be
responsible for the company’s packaging,
interconnect, and consumer optics businesses, which includes research
and development, marketing, and sales.
"I’m excited to
announce Mike’s new role in the company,”
said Bruce McWilliams, Tessera’s chairman,
president and chief executive officer. "This
is a very exciting time for Tessera, because of the growth opportunity
for our core business, and the potential for our next generation
technologies. Mike has played a key role in the successful integration
of our newly acquired businesses. His experience, vision, and passion
are very valuable to us as we drive our next-generation products into
volume production.” "Over the past two years, Tessera has grown
immensely both through acquisition and organic means,”
said Bereziuk. "We are a global company with
a very bright future, and I am very pleased and excited at the
appointment and the opportunity that comes with it to help drive Tessera’s
growth both in Advanced Packaging, Interconnect, and Consumer Optics.”
Prior to joining Tessera in February 2006, Bereziuk spent the majority
of his career at National Semiconductor Corporation. During his sixteen
year tenure there, he held numerous senior operations, sales and
marketing roles. In his most recent position at National, he was senior
vice president and general manager of the worldwide sales and marketing
organization, where he held demand creation and order management
responsibilities for the company’s $2.0 plus
billion global customer base. Other positions included senior vice
president and general manager of the personal systems group and vice
president and general manager of the embedded systems group, where he
managed the strong growth of National’s
highly successful Super-I/O™ business.
About Tessera Technologies, Inc.
Tessera is a leading provider of miniaturization technologies for the
electronics industry. Tessera provides a broad range of advanced
packaging, interconnect, and consumer optics solutions which are widely
adopted in high-growth markets including consumer, computing,
communications, medical and defense electronics. Tessera's customers
include the world's top semiconductor companies such as Intel, Samsung,
Texas Instruments, Toshiba, Micron and Infineon. The company's stock is
traded on the Nasdaq Global Select Market under the symbol TSRA. Tessera
is headquartered in San Jose, California. www.tessera.com.
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. Material factors that may cause
results to differ from the statements made include delays, setbacks or
losses relating to our intellectual property or intellectual property
litigations, or any invalidation or limitation of our key patents;
fluctuations in our operating results due to the timing of new license
agreements and royalties, or due to legal costs; changes in patent laws,
regulation or enforcement, or other factors that might affect our
ability to protect our intellectual property; the risk of a decline in
demand for semiconductor products; failure by the industry to adopt our
technologies; competing technologies; the future expiration of our
patents; the future expiration of our license agreements and the
cessation of related royalty income; the failure or refusal of licensees
to pay royalties; failure to achieve the growth prospects and synergies
expected from acquisition transactions; and delays and challenges
associated with integrating acquired companies with our existing
businesses. You are cautioned not to place undue reliance on the
forward-looking statements, which speak only as of the date of this
release. Tessera's filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the year ended December 31,
2006 and its Quarterly Report on Form 10-Q for the quarter ended July 1,
2007 include more information about factors that could affect the
company's financial results.
Note: Tessera and the Tessera logo are trademarks of Tessera. All other
company, brand and product names may be trademarks or registered
trademarks of their respective companies.
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