Press release

DENSO Driver Monitoring System Featuring FotoNation Technology to be Showcased at the Shanghai Motor Show

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Xperi
Corporation
(Nasdaq: XPER) (“Xperi”) announces that solutions
featuring FotoNation’s most advanced convolutional neural network (CNN)
based algorithms will be utilized and showcased by DENSO CORPORATION at
the Shanghai Motor Show, April 16 – April 25, as part of its Driver
Monitoring System (DMS) demonstration. DENSO’s DMS leverages advanced
deep learning technology built by FotoNation, an industry leading
developer of in-cabin monitoring, to provide next-generation driver
monitoring solutions. FotoNation is a wholly owned subsidiary of Xperi.

“We are fully committed to building on our collaboration with DENSO to
bring innovative camera-based in-cabin monitoring solutions to market,”
said Jeff Jury, general manager automotive at Xperi. “Leveraging our
extensive background in computer vision technologies, we look forward to
continuing to develop versatile solutions that enable safer driving
experiences for consumers around the world.”

DENSO CORPORATION, one of the world’s largest automotive technology,
systems and components suppliers, also used FotoNation’s algorithms in
its earlier DMS solution. The new generation system that will be
showcased at the Shanghai Motor Show includes advanced capabilities such
as face detection, head pose, eye gaze and occlusion analytics.

The sophisticated driver monitoring made possible by FotoNation and
DENSO can help prevent traffic accidents by alerting the driver when the
system detects the individual is distracted or falling asleep at the
wheel. The technology offering provides significant flexibility,
enabling customers to tailor the final product solution based on their
detection requirements. FotoNation’s CNN-based algorithms are available
now for automotive OEM evaluation.

For more information on FotoNation, visit https://www.fotonation.com.

About FotoNation

FotoNation is a global leader in providing computational imaging,
computer vision and facial analytics solutions. Its technologies have
enhanced the digital imaging capabilities in more than 3.3 billion
devices. FotoNation offers scalable software and hardware solutions in a
flexible architecture to ensure its customers can build intelligent
imaging capabilities into their devices. These capabilities enable
devices to combine low-power, high performance and state-of-the-art
functionality that deliver outstanding user experiences.

About Xperi Corporation

Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD
Radio, Invensas and Tessera, are dedicated to creating innovative
technology solutions that enable extraordinary experiences for people
around the world. Xperi’s solutions are licensed by hundreds of leading
global partners and have shipped in billions of products in areas
including premium audio, broadcast, automotive, computational imaging,
computer vision, mobile computing and communications, memory, data
storage, and 3D semiconductor interconnect and packaging. For more
information, please call 408-321-6000 or visit www.xperi.com.

DTS, FotoNation, HD Radio, Invensas, Xperi and their respective logos
are trademarks or registered trademarks of affiliated companies of Xperi
Corporation in the United States and other countries. All other company,
brand and product names may be trademarks or registered trademarks of
their respective companies.

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, particularly with respect to the
development of the FotoNation DMS platform. Material factors that may
cause results to differ from the statements made include the plans or
operations relating to the businesses of Xperi; market or industry
conditions; changes in patent laws, regulation or enforcement, or other
factors that might affect Xperi’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 Xperi’s intellectual property or intellectual
property litigations, or 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; the risk of a decline
in demand for semiconductors and products utilizing our audio and
imaging technologies; failure by the industry to use technologies
covered by Xperi’s patents; the expiration of patents; Xperi’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 Xperi’s businesses; failure of Xperi’s products
to achieve technological feasibility or profitability; failure to
successfully commercialize Xperi’s products; changes in demand for the
products of Xperi’s customers; limited opportunities to license
technologies due to high concentration in applicable markets for such
technologies; the impact of competing technologies on the demand for
Xperi’s technologies; pricing trends, including Xperi’s ability to
achieve economies of scale; and other developments in the markets in
which Xperi operates, as well as management’s response to any of the
aforementioned factors. You are cautioned not to place undue reliance on
the forward-looking statements, which speak only as of the date of this
release.

The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the Risk
Factors included in Xperi’s recent reports on Form 10-K and Form 10-Q
and other documents of Xperi on file with the Securities and Exchange
Commission (the “SEC”). Xperi’s SEC filings are available publicly on
the SEC’s website at www.sec.gov.
Any forward-looking statements made or incorporated by reference herein
are qualified in their entirety by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by Xperi will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects
on, Xperi or its business or operations. Except to the extent required
by applicable law, Xperi undertakes no obligation to update publicly or
revise any forward-looking statement, whether as a result of new
information, future developments or otherwise.

SOURCE: XPERI CORPORATION

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