Tela Names Intellectual Property Lawyer as General Counsel

Liz Stewart Joins Executive Team as Company Evolves Its IP and Licensing Strategies


LOS GATOS, CA--(Marketwire - Jun 4, 2012) - Tela Innovations, which provides design solutions to enable continued cost-effective scaling of semiconductor manufacturing, today announced the appointment of Liz Stewart as Vice President, General Counsel. In her role she will be responsible for overseeing all legal matters of Tela including intellectual property, licensing, commercial transactions and management of outside counsel.

"Tela has a broad portfolio of intellectual property assets, including a number of patents, that we wish to both protect and leverage as our technology strategy evolves," said Scott Becker, president and CEO of Tela. "Liz brings exceptional skills and experience in all aspects of IP and will play an important role in how our many man-years of development and innovation are brought to the market."

The company's website lists an overview of the patents currently held by Tela.

Ms. Stewart has spent her career representing technology companies in Silicon Valley. Prior to joining Tela, she held in-house positions including Assistant General Counsel of Artisan Components and a position with NEC Electronics, Inc. She also represented public and private technology companies for a number of years with her own firm. Previously, she was a member of the Technology Transactions Group of Cooley Godward LLP and she began her career in intellectual property litigation with Skjerven Morrill LLP.

She holds a J.D. from University of Georgia School of Law and a B.A. from Emory University.

About Tela
Tela Innovations is a privately-held company based in Los Gatos, California that provides solutions addressing the challenge of scaling semiconductor design and manufacturing to advanced process nodes. Tela was founded in 2005 by a team of experts in semiconductor IP, design automation and process technology, and is backed by a number of venture firms and corporate investors, including Intel Capital, Cadence Design Systems, KT Venture Group, LLC, the investment partner of KLA-Tencor Corporation, and Qualcomm Incorporated. For more information on the company visit www.tela-inc.com.

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Contact Information:

For more information, contact:
Neal Carney
Tela Innovations
408-558-6322


Mike Sottak
Wired Island
408-876-4418

Tela announced the appointment of Liz Stewart as Vice President, General Counsel.