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Tessera Terminates Amkor License

SAN JOSE, Calif. — Tessera Technologies, Inc. (NASDAQ:TSRA) today announced that on February 17, 2011, it sent Amkor Technology, Inc. an official notice of termination of their license agreement with Tessera. The two companies are currently in arbitration regarding multiple issues, including several past breaches by Amkor of the license agreement.

“We have concluded that the best course of action is to terminate Amkor's license agreement with us,” stated Henry R. Nothhaft, chairman and chief executive officer, Tessera. “We will take the necessary steps to protect our innovation and technology, our shareholders, and our licensees in good standing.”

{complink 12838|Tessera Inc.}

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