SAN JOSE, Calif.--(BUSINESS WIRE)--DigitalOptics Corporation (DOC™), a wholly owned subsidiary of Tessera Technologies, Inc. (NASDAQ: TSRA) announced today that Samsung Electronics Co., Ltd. has signed a multi-year license for DOC’s Face Detection and Face Tracking software. This software will be used in Samsung Galaxy S® 4 smartphones.
DOC’s Face Detection and Face Tracking software is part of DOC’s FaceTools™ suite, which also includes Accurate Eye Tracking and Face Recognition, Smile and Blink Detection, among others. With FaceTools, end users can automatically identify individuals, capture fast moving objects, use enhanced user interfaces via real-time tracking of pupils, and take flawless pictures even under sub-optimum light or color balance conditions. This software is compatible with all application processors and can be optimized for power consumption and increased performance via custom hardware blocks, such as the DOC advanced hardware image processing (AHIP) embedded in Fujitsu’s discrete image signal processors (ISPs).
The DOC’s FaceTools suite is also a key capability in its innovative microelectromechnical (MEMS) mems|cam™ mobile camera module recently launched in February at Mobile World Congress. By combining FaceTools along with an extensive portfolio of market leading camera technologies, DOC will enable compelling new imaging features only available in mems|cam mobile camera modules for smartphone cameras.
“Our position as the technology and market leader in imaging software is a unique asset that enables DOC to develop highly differentiated mobile camera modules,” said John Thode, president of DOC. “By combining our MEMS technology with our real-time custom hardware blocks and application software we believe we have all of the capabilities to bring exceptional professional quality still and video imaging and applications to mobile devices.”
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 license with Samsung, the features, benefits characteristics and intended uses of DOC’s products and technology, and the development and introduction of new differentiated features and capabilities for DOC’s mems|cam mobile camera modules. Material factors that may cause results to differ from the statements made include the plans or operations relating to the Company's businesses; market or industry conditions; 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 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 the Company’s intellectual property or intellectual property litigations, or invalidation or limitation of key patents; the timing and results, which are not predictable and may vary in any individual proceeding, of any ICC ruling or award, including in the Amkor arbitration; 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 semiconductor and camera module products; failure by the industry to use technologies covered by the Company’s patents; the expiration of the Company's patents; the Company'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 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; and the reliance on a limited number of suppliers for the components used in the manufacture of DOC 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, 2012, 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 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 (DigitalOptics or DOCTM), a wholly owned subsidiary of Tessera Technologies, Inc. (NASDAQ: TSRA), designs and manufactures innovative imaging systems for smartphones. The company leverages its deep expertise in optics, camera modules, MEMS and image processing to deliver pioneering products that expand the boundaries of smartphone photography. DOC’s mems|cam modules set the standard for camera module speed, size, power consumption, and precision. DigitalOptics is a leader in embedded image enhancement and computational photography algorithms, including its FaceToolsTM, HDR, panorama, multi-focus, and image stabilization products. DOC’s complementary suite of imaging solutions allows smartphone vendors to rapidly incorporate world-class cameras so users always have high-end imaging on hand. DigitalOptics is headquartered in San Jose, California. For more information visit www.doc.com
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