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``The validity of the MMP Portfolio has gained substantial momentum since computer chip makers Intel and AMD purchased MMP licenses last year. In addition to Friday`s Sony signing, Hewlett-Packard, Casio Computer and Fujitsu have purchased MMP system licenses in 2006. TPL believes that the intellectual property protected by the MMP Portfolio is used in a wide variety of end-user products including personal computers, servers, workstations, home theater systems, digital TVs, video games, DVD Recorders/Players, mobile handsets and automotive electronics.
Shares of PTSC closed at $1.37 on Friday up 35 cents on the day. On Monday, look for shares to break the 52 week high of $2.25 as news of the Sony signing becomes more widely known. ``