Tessera announces new chairman of the board

SAN JOSE, USA: Tessera Technologies Inc. announced that President and CEO Henry R. Nothhaft was appointed Chairman of the Board effective January 1, 2010. Nothhaft was formerly the Vice Chairman and is succeeding Bruce McWilliams, who served as Chairman of the Board since February 2002 and as a director of Tessera since June 1999. McWilliams will continue to serve as a director of Tessera.

“Bruce has provided great leadership to Tessera for over 10 years, and we are pleased that he will continue to serve on our Board,” said Nothhaft. “It is a privilege to succeed Bruce, and I am enthusiastic about taking on the additional role of Chairman of the Board. We have a strong management team at Tessera and an outstanding board of directors who are committed to ensuring that Tessera continues to create value for its customers, its employees and its shareholders.”

“It has been an honor to serve as Chairman of the Board these past seven years and to be a part of Tessera as both its Chairman and former CEO,” said McWilliams. “I look forward to continuing to work with Hank, whose strategic and operational expertise has positioned the company to take advantage of the opportunities in semiconductor packaging, imaging and optics, and silent air cooling.”