DigitalOptics Corporation Partners with MMD to Deliver Philips Monitors with ErgoSensor Technology
SAN JOSE, Calif.--(BUSINESS WIRE)--
DigitalOptics Corporation™, a wholly owned subsidiary of Tessera
Technologies, Inc. (NASDAQ: TSRA), announced that it has partnered with
MMD-Monitors and Displays Taiwan Ltd. to deliver the world's first
monitor with an innovative built-in ergonomic sensor to help correct
posture. In addition to the health and safety advantages, the system and
software developed by DigitalOptics Corporation also enables innovative
energy saving by powering down the monitor when no user presence is
sensed, resulting in up to 80% savings in energy bills as compared to
traditional monitors.
"We are very pleased that the system and software developed by
DigitalOptics Corporation has enabled MMD to make the first ergonomic
posture sensing and power savings Philips monitor a reality," said Bob
Roohparvar, president of DigitalOptics Corporation. "Our expertise in
imaging, optics and systems design has helped bring the Philips
ErgoSensor Monitor to market."
"The work DigitalOptics Corporation did on the systems and software for
our new Philips ErgoSensor Monitor was crucial to the success of our
innovative new product," said Mayank Christian, director of Global
Product Management of Philips Monitors at MMD Taiwan. "We see our new
product as the forerunner of many ergonomic devices that will help
consumers maintain their health while performing their computer
functions in an efficient manner."
DigitalOptics Corporation developed the intelligent decision making
software used in the Philips ErgoSensor Monitor. The monitor's advanced
detection technology uses the distance between a user's pupils to
determine if the user is sitting within the optimal ergonomic zone and,
if not, how the user can adjust seating position or posture to avoid
risk of inquiry.
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
characteristics, benefits, features, qualities and potential of
DigitalOptics Corporation's technologies and products, including the
system and software used in the Philips ErgoSensor Monitor. Material
factors that may cause results to differ from the statements made
include the plans or operations relating to Tessera Technologies. Inc.'s
(the "Company") businesses; market or industry conditions; the future
expiration of license agreements and the cessation of related royalty
income; the failure, inability or refusal of licensees to pay royalties;
delays, setbacks or losses relating to the Company's intellectual
property or intellectual property litigations, or any 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;
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 risk of a decline in demand for
semiconductor and camera module products; failure by the industry to
adopt technologies covered by the Company's patents; the future
expiration of the Company's patents; the Company's ability to
successfully complete and integrate acquisitions of businesses,
including the pending acquisition by DigitalOptics Corporation of
Flextronics's camera module business in Zhuhai, China; 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; the impact of competing technologies on the
demand for the Company's technologies and products; failure by
DigitalOptics Corporation to become a vertically integrated camera
module supplier; and the reliance on a limited number of suppliers for
the components used in the manufacture of DigitalOptics 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, 2011, 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 and DigitalOptics Corporation's website or
elsewhere, its continued availability does not indicate that the Company
is reaffirming or confirming any of the information contained herein.
About DigitalOptics Corporation
DigitalOptics Corporation, a wholly owned subsidiary of Tessera
Technologies, Inc. (NASDAQ: TSRA), delivers innovation in imaging and
optics with products and capabilities that enable expanded functionality
in increasingly smaller devices. DigitalOptics Corporation's
miniaturized camera module solutions provide cost-effective,
high-quality camera features, including extended depth of field (EDoF),
zoom, image enhancement, optical image stabilization and MEMS-based
autofocus. These technologies can be applied to consumer electronic
products as well as vertical markets such as, automotive, medical and
security. The group also offers customized micro-optic lenses from
diffractive and refractive optical elements to integrated micro-optical
subassemblies. DigitalOptics Corporation is headquartered in San Jose,
California. For information call 1-408-321-6000 or go to www.doc.com.
Tessera Technologies, Inc., DigitalOptics Corporation, and the
DigitalOptics Corporation logo are trademarks or registered trademarks
of Tessera Technologies, Inc., or its affiliated companies, in the
United States and other countries. All other company, brand and product
names may be trademarks or registered trademarks of their respective
companies.
TSRA-G
DOC-G
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Company:
Michael Anthofer
EVP and CFO
408-321-6711
Investor
Relations:
Moriah Shilton
Sr. Director, Corporate
Communications & Investor Relations
408-321-6713
Source: DigitalOptics Corporation
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