Immersion Announces Management Change

October 21, 2009 9:01 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR) announced that Clent Richardson has resigned, effective immediately, as Chief Executive Officer and a member of the Immersion Board of Directors to pursue other interests.

"We would like to thank Clent for his service to Immersion and wish him well in his future endeavors," said Jack Saltich, Chairman of the Board of Immersion.

The Board appointed Victor Viegas, a member of Immersion's Board of Directors and former Chief Executive Officer of Immersion, to serve as interim Chief Executive Officer.

Conference Call Information

Immersion will host a conference call for investors on Wednesday, October 21, 2009 at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). During the call, Mr. Viegas will make very brief comments on the management change and provide his perspective on the Company, however there will not be a question and answer session. To participate on the live call, analysts and investors should dial +1-877-941-1428 at least ten minutes prior to the start of the call. A replay of the call will be available until 11:59 p.m. Pacific time on October 28, 2009 by dialing +1-800-406-7325 and entering the passcode 4176945#. A live and archived webcast of the conference call will also be available for one year within the investor relations section of Immersion's corporate Web site at www.immersion.com.

Immersion and the Immersion logo are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners.

(IMMR - C)

    Source: Immersion Corporation

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