Xperi Introduces the First-in-its-Class IrisXR Solution for AR, VR, and MR Markets Featuring MIRLIN iris recognition technology for premium security and personalization

FotoNation, a global leader in computational imaging, computer vision and facial analytics solutions and a wholly owned subsidiary of Xperi Corporation (Nasdaq: XPER) (Xperib), today announced its new IrisXRb” iris recognition solution for the AR, VR, and MR markets. IrisXR features FotoNationbs MIRLINB. iris recognition technology and offers state-of-the-art anti-spoofing detection, providing premium security and personalization. The solution will be available in Q1 2018.

The IrisXR solution addresses the challenges with head-mounted wearables, such as working at close proximity, handling large occlusions and supporting wider eye gaze angles. With the highly secure (false acceptance rate of 1 in 10 million) and advanced MIRLIN technology, which is currently deployed in law enforcement and access control applications, IrisXR is a high performance biometric solution with a small memory footprint and low power consumption.

The AR, VR and MR markets continue to be a fast-growing segment, as dedicated AR and VR headsets collectively are expected to grow at a very strong pace from just under 10 million units in 2016 to just shy of 100 million units in 2021, with a five-year CAGR of 57.7%1). FotoNation has leveraged its innovative engineering expertise to provide a comprehensive biometric and computer vision portfolio and be a one-stop provider for its customers.

Being a leader in the mobile space for high-performance imaging solutions, we were able to bring the high level of security featured in mobile device technology into IrisXR, said Geir Skaaden, executive vice president and chief products and services officer, Xperi Corporation. bWe are proud to bring this cutting-edge technology to market and offer a biometric solution that addresses several wearable challenges and is the right technology, not only for security but also for personalizing experiences. We believe iris biometrics in the AR, VR and MR markets will set a new trend for years to come.

FotoNation is a global leader in providing computational imaging, computer vision and facial analytics solutions. Its technologies enhance 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. This allows tomorrowbs devices to appropriately combine low-power, high performance and state-of-the-art functionality that delivers outstanding user experiences.

1Source: IDC Worldwide Quarterly Augmented and Virtual Reality Headset Tracker, June 2017

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. Xperibs 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.

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