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Author Topic: PTSC NEC, Matshuita, Toshiba settle
wallymac
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PTSC (.755) TPL, Toshiba, Matsu****a (Panasonic), and JVC Resolve Their Dispute Over the Moore Microprocessor Patent(TM) Portfolio

Tuesday, December 18 2007 8:59 AM, EST Business Wire "US Press Releases "
CUPERTINO, Calif.--(BUSINESS WIRE)--
The TPL Group , Patriot Scientific Corporation , Toshiba, Matsu****a (Panasonic) and JVC announced today that they have entered into a business resolution of their legal disputes in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California . The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to Toshiba, Matsu****a and JVC and their respective subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contain intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation . The portfolio includes seven U.S. Patents as well as their European and Japanese counterparts. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing*alliacense.com.
About Toshiba Corporation
Toshiba Corporation is a leader in digital products, electronic devices, and social infrastructure. The company's integration of these wide-ranging capabilities assures its position as an innovator in advanced components, products and systems.
About Matsu****a Electric Industrial Co., Ltd.
Matsu****a, best known for its Panasonic brand, is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business and industrial needs.
About Victor Company of Japan, Limited (JVC)
JVC, well known for its invention of VHS format of VCR, is a leading international electronics company that has achieved success by combining its excellence in audio and video hardware with its global-scale software business, and also has a growing reputation for its professional equipment. JVC operates several business lines through which it offers a wide variety of devices and solutions. JVC business lines are Video, Audio, TV, Entertainment, Information-related Equipment, and Component Devices. Headquarters in Yokohama, Japan , JVC was founded in 1927. For more information, visit the JVC Web site at www.jvc-victor.co.jp/english/global-e.html
About TPL Group and Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executive, Alliacense focuses on expanding awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
About Patriot Scientific
Patriot Scientific (OTCBB:PTSC) is a leading intellectual property licensing company that develops, markets, and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release, looking forward in time, involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.
Source: Alliacense


PTSC (.755) TPL and NEC Electronics America Resolve Their Dispute Over the Moore Microprocessor Patent(TM) Portfolio

Tuesday, December 18 2007 8:59 AM, EST Business Wire "US Press Releases "
CUPERTINO, Calif.--(BUSINESS WIRE)--
The TPL Group and Patriot Scientific Corporation announced today that they have entered into a business resolution of their legal disputes with NEC Electronics America in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California . The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to NEC Electronics Corporation and its subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contain intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation . The portfolio includes seven U.S. Patents as well as their European and Japanese counterparts. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing*alliacense.com.
About NEC Electronics
NEC Electronics Corporation (TSE:6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handset, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 25 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics ( Europe ) GmbH (www.eu.necel.com). For additional information about NEC Electronics worldwide, visit www.necel.com.
About TPL Group and Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executive, Alliacense focuses on expanding awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
About Patriot Scientific Corporation
Patriot Scientific (OTCBB:PTSC) is a leading intellectual property licensing company that develops, markets, and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.
Source: Alliacense

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wallymac
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Posted by: IAMSAM
In reply to: None Date:12/18/2007 1:22:31 PM
Post #of 6998

Note Regarding Settlement from CEO Jim Turley

Shareholders are advised that the following is the only information that will be provided by Patriot Scientific Corporation regarding the resolution of the Texas (and California) litigation that had been pending regarding the MMP portfolio patents subject to the dispute:

Patriot Scientific Corporation, its directors, officers and employees are obligated to observe the confidentiality provisions of the settlements and will limit any comments or statements solely to references to the wording of the joint press release or statements that matters between the parties to the litigation have been settled.

This settlement occurred during Patriot's current financial quarter, which ends February 28, 2008, and for which financial reports will be due for filing with the SEC by the second week of April, 2008. Information applicable to this settlement will be included in those reports to the extent required of the company, yet consistent with the confidentiality restrictions imposed by the settlement pursuant to guidance from Patriot's professional legal and accounting advisors.

In addition, consistent with applicable securities laws and Patriot's insider-trading policy, the company's directors, officers, employees and consultants who have knowledge of the terms of settlement are restricted from trading in PTSC shares until after the company's quarterly financial reports are publicly filed next April.

We realize that our shareholders may expect that the details of the settlement should be made available to them, or that Patriot's board and management might provide at least general comments or further press releases on the subject. We understand this and would do so if permitted, but in order to honor our legal commitments regarding confidentiality, we have said all we can say.

--Jim Turley

http://www.ptsc.com/news/press_releases/20071218.asp

The Plot Thickens!!!!!

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fourseven
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ha ha .. love how it censored Matsu****a's company name [Smile]

big volume on PTSC today, but it will probably work it's way down to at least .80 ..

--------------------
the market is not your mother

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fourseven
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down to ~.65 .. looks like the big after-news sale is over. not to say that selling is over.. but it did make a higher low intraday.

i'm watching it this afternoon, see what kinda EOD vibe we get.. could be an entry point below .70

my system shows .776, .658, .632, .581 as congestion zones (but that's off of daily data, not intraday..) so if it keeps going down, these might be support levels.

--------------------
the market is not your mother

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fourseven
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picked up some at .667

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the market is not your mother

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fourseven
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here's the pr for hewlett-packard's original licensing of the patented technology (dates to early 2006) -- it includes links to the actual patents, if you want to glance at them.

http://www.linuxelectrons.com/news/hardware/hewlett-packard-licenses-moore-micro processor-patent-portfolio

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the market is not your mother

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fourseven
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out at .63

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the market is not your mother

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NEWS -- Verigy Purchases Microprocessor Patent Portfolio License

Maker of Test Equipment a Recent Spin-off from Agilent

CARLSBAD, Calif., Dec 21, 2007 -- Patriot Scientific Corporation (OTCBB:PTSC) announced today that Verigy Ltd. has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio license. Verigy is a premier automated test equipment (ATE) company with two decades of heritage in semiconductor testing.

"Verigy occupies an important position in the overall semiconductor industry," said Jim Turley, president and CEO of Patriot Scientific. "As chips get more complex, it becomes harder to verify they work properly, and Verigy's 1500+ employees make sure that our industry runs smoothly."

"This agreement is in the best interests of Verigy, its shareholders and customers because it removes the possibility of supply-chain disruptions," said Mike Davis, senior vice president, Licensing for Alliacense, Patriot Scientific's licensing partner. "A strong wave of interest from companies selling microprocessor-based products has propelled the MMP Portfolio licensing program to the next level, as over 45% of license signings have followed the favorable Markman ruling issued earlier this summer."


The sweeping scope of applications using MMP Portfolio design techniques continues to encourage the world's leading manufacturers of end user products from around the globe to become MMP Portfolio licensees. Since January 2006 over 30 global companies from the US, Europe, Japan, Korea and Taiwan have purchased MMP Portfolio licenses.

About Verigy

Verigy designs, develops, manufactures, sells and services advanced test systems and solutions for the memory and system-on-chip (SoC) segments of the semiconductor industry. Verigy's scalable platform systems are used by leading semiconductor companies worldwide in design validation, characterization and high-volume manufacturing testing. Formerly part of Agilent Technologies, the company began doing business as Verigy on June 1, 2006, and completed its initial public offering on June 13, 2006. Information about Verigy can be found at http://www.verigy.com.

About Patriot Scientific

Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.

An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for Patriot Scientific, sign up at http://www.hawkassociates.com/email.aspx.

About the MMP Portfolio

The Moore Microprocessor Patent(TM) Portfolio contains intellectual property that is jointly owned by the privately held TPL Group and publicly held Patriot Scientific Corporation (OTCBB:PTSC). The portfolio includes seven U.S. patents as well as their European and Japanese counterparts. The jointly owned patents protect fundamental technology used in the design of microprocessors, microcontrollers, digital signal processors (DSPs), embedded microprocessors, and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing*alliacense.com.

About Alliacense

Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit http://www.alliacense.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.


Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC is a trademark of Patriot Scientific Corporation. All other trademarks belong to their respective owners.


Patriot Scientific Corporation,

CarlsbadMedia Relations

The Hoffman Agency

John Radewagen, Vice President,

Corporate Communications

408-975-3005

408-219-9199 (mobile)

jradewagen*hoffman.com

Or

Patriot Scientific Investor Relations

Hawk AssociatesFrank Hawkins or Ken AuYeung,

305-451-1888

Or

TPL/Alliacense Media Relations

Shawn Clark, 408-446-4222

shawnc*tplgroup.net

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bilgert
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Added at .35 today, couldn't help myself.
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wallymac
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http://stockcharts.com/h-sc/ui?s=PTSC&p=D&yr=0&mn=6&dy=0&id=p01207339596

This stock is moving up. 10Q is due out beginning of April and should be huge. THey have continued to sign more and more companies to the MMP licensing program and are actively looking for companies to acquire with the cash they continue to accumulate.

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wallymac
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Q3 December 1 - February 29 -- Licensees:

2008-02-28 Citizen Becomes Newest Microprocessor Patent Licensee
http://patriotscientific.com/index.php?option=com_content&task=view&id=166&Itemi d=29

2008-02-26 Advanced Medical Optics Licenses Key Microprocessor Technology
http://patriotscientific.com/index.php?option=com_content&task=view&id=165&Itemi d=29

2008-02-25 Mattel Becomes 40th Licensee
http://www.ptsc.com/news/press_releases/20080225.asp

2008-02-08 DIRECTV Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20080208.asp

2008-02-05 Tokyo Electron Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20080205.asp

2008-01-17 Psion Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20080117.asp

2008-01-04 Humax Licenses Microprocessor Patent Portfolio
http://www.ptsc.com/news/press_releases/20080104.asp

2007-12-21 Verigy Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20071221.asp

2007-12-18 TPL and NEC Electronics America Resolve Their Dispute Over the Moore Microprocessor Patent Portfolio
http://www.ptsc.com/news/press_releases/20071218a.asp

2007-12-18 TPL, Toshiba, Matsu****a (Panasonic), and JVC Resolve Their Dispute Over the Moore Microprocessor Patent Portfolio
http://www.ptsc.com/news/press_releases/20071218b.asp

2007-12-10 Alpine Electronics Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20071210.asp

2007-12-07 Lite-On Purchases Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20071207.asp

2007-12-06 WMS Gaming Joins List of Patriot's Microprocessor Licensees
http://www.ptsc.com/news/press_releases/20071206.asp

2007-12-03 Daewoo Electronics Purchases Moore Microprocessor Patent Portfolio License
http://www.ptsc.com/news/press_releases/20071203.asp

2007-11-17 TEAC Corporation Purchases Microprocessor Patent Portfolio License (?)
http://www.ptsc.com/news/press_releases/20071117.asp

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wallymac
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10Q that will include the numbers for all theses settlements is due out on the 9th.

KEEP THIS ONE on watch this week.

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fourseven
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Definitely looks like there was a runup recently.
I see resistance at .58 and .62

--------------------
the market is not your mother

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wallymac
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RIM and The TPL Group Agree to Moore Microprocessor Patent(TM) Portfolio License


Last update: 9:01 a.m. EDT April 22, 2008Print E-mail RSS Disable Live Quotes


CUPERTINO, Calif., Apr 22, 2008 (BUSINESS WIRE) -- Alliacense today announced that Research In Motion Limited (RIM) and The TPL Group have agreed to the terms of a patent license. Terms of the deal are not publicly available.
"We are excited to announce another major mobile handset manufacturer has joined the MMP Licensing Program," said Roy Maharaj, Vice President, Licensing for Alliacense.
The sweeping scope of applications using MMP Portfolio design techniques continues to encourage the world's leading manufacturers of end user products from around the globe to become MMP Portfolio licensees. Over 40 global companies from the US, Europe, Japan, Korea and Taiwan have purchased MMP Portfolio licenses, including many industry leaders such as Fujitsu, Hewlett Packard, Kenwood, Mattel, Nokia, Philips, and Sony.
The MMP Portfolio patents, filed by The TPL Group in the 1980s, cover techniques that enable higher performance and lower cost designs. These patents are fundamental to dozens of microprocessor-based key features and benefits in contemporary consumer and commercial products ranging from DVD players, mobile phones and portable music players to automobile systems, communications infrastructure and medical equipment.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (PTSC:PTSC
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PTSC, , ) . The MMP Portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is widely recognized that the MMP Portfolio protects fundamental technology used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing*alliacense.com.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.
SOURCE: Alliacense
for Alliacense
Shawn Clark, 408-446-4222
shawnc*tplgroup.net

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wallymac
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Patriot Scientific and Crossflo Systems, Inc. Agree to Merger


Last update: 1:50 a.m. EDT Aug. 5, 2008

CARLSBAD, Calif., Aug 05, 2008 (BUSINESS WIRE) -- Patriot Scientific Corp. (PTSC:patriot scientific corp com
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3:59pm 08/04/2008

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PTSC 0.25, +0.02, +8.7%) and Crossflo Systems, Inc., San Diego, California, a private software and services company noted for its innovative data-sharing solutions, today announced that the companies have agreed for Patriot Scientific to acquire Crossflo for stock and cash totaling $10 million.
The Boards of both companies have approved the merger agreement terms. The acquisition is expected to be completed by September 1, 2008, subject to approval by the Crossflo shareholders. Upon completion of the merger, Crossflo Systems will become a wholly-owned subsidiary of Patriot Scientific and retain its current management team.
"We are evolving our business strategy to expand beyond licensing arrangements and to develop an operational arm of the company," said Rick Goerner, President and Chief Executive Officer of Patriot Scientific. "With this first acquisition, we believe we have identified a strategically sound investment and have created a foundation for growth that is readily enhanced by other solution providers we are considering for investment and acquisition."
"Crossflo is building a base of leading clients and partners in justice and public safety, homeland security and public health that have a critical need for secure, selective, scalable and nondisruptive data-sharing," said Renney E. Senn, Crossflo's President and Chief Executive Officer. "Becoming a part of Patriot Scientific allows us to expand our resources to meet the burgeoning needs of that market, as well as to team synergistically with other solution providers that will be affiliated with Patriot Scientific in the future."
Crossflo Systems ( http://www.crossflo.com) provides data sharing products and services to the public sector. Current customers include such agencies as the New Jersey State Police, the California Administrative Office of the Courts, and Hewlett-Packard. In addition, Crossflo teams with companies such as SAIC, Lockheed Martin, Booze Allen Hamilton and others to compete for state, local and federal projects.
Patriot Scientific, through its exclusive licensing agent The TPL Group, is an intellectual-property licensing company with key patents covering the design of microprocessor chips (The Moore Microprocessor Patent Portfolio, or MMP(TM) Portfolio). Patriot Scientific had previously announced plans to use its share of revenues from the MMP Portfolio licensing activity to invest in the future acquisitions of technologies and companies to build an operating company aimed at sustained growth and profitability for the company.
Patriot Scientific currently owns 46% of SSDI, marketing its products under the Holocom Networks brand, a provider of security enclosures for secure networking applications, primarily to military, government agencies and defense contractors.
Patriot Scientific also recently announced that it has increased its ownership (from 15 percent to greater than 37 percent) in Talis Data Systems, LLC, a San Diego company that produces multi-domain computer and network security products to government, military and enterprise customers.
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Patriot is currently in the process of expanding beyond the successful licensing program of the MMP(TM) Portfolio into an operating company through M&A activity focused on opportunities in the software, networking and wireless technology sectors. In addition to M&A, the company is evaluating selective expansion of Patriot's IP portfolio and also the pursuit of minority investments in certain early-stage revenue technology ventures. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.patriotscientific.com.
About Crossflo Systems, Inc.
Crossflo Systems, Inc. provides data sharing solutions to the public sector. Crossflo's flagship product, the Crossflo DataExchange(R) (CDX) solution, is commercial off-the-shelf (COTS) middleware specifically designed for interagency and cross-domain data sharing. Standards-based architecture and intuitive interface design enable end users to strengthen control, selectively share information and rapidly connect disparate data sources across multiple platforms. Crossflo solutions are backed by operationally oriented professional services and expertise in HL7, NIEM, GJXDM, and IEPD deployments. With Crossflo, agencies involved with Justice and Public Safety, Public Health, and National Defense and Domestic Security are able to securely and rapidly access unlimited data sources to provide an accurate picture of people, assets, situations and events.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
SOURCE: Patriot Scientific Corp.
Patriot Scientific
Paul Bibeau, 760-547-2700
or
Crossflo Systems, Inc.
Angela Hartley, 858-724-2216, x223

Copyright Business Wire 2008

http://www.marketwatch.com/News/Story/Story.aspx?guid={A5400A05-BFA5-4F26-BE26-2 A5DCEF124BB}&siteid=nbsh

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wallymac
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News for 'PTSC' - (Patriot Scientific Corporation Announces Three Purchases of Moore Microprocessor Patent(TM) Portfolio Licenses)


CARLSBAD, Calif., Oct 05, 2009 /PRNewswire-FirstCall via COMTEX/ -- Patriot
Scientific Corporation (OTC Bulletin Board: PTSC) announced today three new
MMP(TM) Portfolio licensees less than three weeks after the USPTO announced its
decision to affirm the validity of US'336, the most widely recognized patent in
the MMP Portfolio. The new licensees include Harman International, TPV
Technology, and Textron Inc., and will result in both upfront and future
payments.


The agreements follow a string of successes in the reexamination of the MMP
Portfolio(TM) patents by the USPTO and German Patent Court. In the past 9
months, the German Patent Court affirmed the validity of EP'730, and the USPTO
has affirmed the validity of both US'584 and most recently US'336.

Despite the risk of willful infringement in cases where companies delay
licensing decisions on the basis of reexams, companies have been awaiting the
outcome of US'336 and are now reengaging in licensing discussions in light of
the escalating royalty rate structure of the MMP Portfolio(TM) Licensing
Program.

Harman Industries is a worldwide leader in the manufacture of high-quality,
high-fidelity audio and electronic products for automotive, consumer and
professional use. TPV Technology is a leading display solution provider,
specializing in design and production of a wide spectrum of desktop monitors and
LCD TVs. Textron Inc. is one of the world's best known multi-industry companies,
consisting of numerous subsidiaries and operating units and known by familiar
brand names, including Bell Helicopter, Cessna Aircraft, Greenlee and E-Z-GO,
among others.

The MMP Portfolio patents cover techniques that enable higher performance and
lower cost designs, and are fundamental to consumer and commercial digital
systems ranging from DVD players, cell phones and portable music players to
communications infrastructure, medical equipment and automobiles, which today
have dozens of microprocessor-based features and benefits.

About the MMP Portfolio

The Moore Microprocessor Patent Portfolio contains intellectual property that is
jointly owned by the privately-held TPL Group and publicly-held Patriot
Scientific Corporation (OTCBB: PTSC). The MMP Portfolio includes seven U.S.
patents as well as their European and Japanese counterparts. It is widely
recognized that the MMP Portfolio protects fundamental technology used in
microprocessors, microcontrollers, digital signal processors (DSPs), embedded
processors and system-on-chip (SoC) devices. Manufacturers of
microprocessor-based products can learn more about how to participate in the MMP
Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.

About Patriot Scientific

Headquartered in Carlsbad, California, Patriot Scientific Corporation provides
data sharing and secure data solutions for a connected world. Patriot Scientific
addresses the expanding market opportunities in the healthcare, justice and
public safety industries through its wholly owned subsidiary Patriot Data
Solutions Group, Inc. These growth activities are funded with revenues
generated, in a large part, from the continuing successful Moore Microprocessor
Patent(TM) Portfolio licensing partnership with The TPL Group. Patriot
Scientific's integrated core intelligence solution addresses the critical
data/information sharing needs of the healthcare industry, the Department of
Homeland Security, the Department of Justice, and federal, state, and local
public safety and law enforcement agencies. For more information on Patriot
Scientific Corporation, visit: www.ptsc.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks and
uncertainties, including the risks associated with the effect of changing
economic conditions, trends in the products markets, variations in the company's
cash flow, market acceptance risks, patent litigation, technical development
risks, seasonality and other risk factors detailed in the company's Securities
and Exchange Commission filings.


Contact:

Angela Hartley

Investor Relations

ir@ptsc.com

760-547-2700 ext. 102


SOURCE Patriot Scientific Corporation


URL: http://www.ptsc.com

www.prnewswire.com


Copyright (C) 2009 PR Newswire. All rights reserved

-0-

Posts: 3255 | From: Los Angeles California | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
wallymac
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PTSC HOD .3444.

MMP license is now getting royalties(recurring revenue).

Posts: 3255 | From: Los Angeles California | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
   

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