NEWS,NEWS,NEWS.........
posted on
Jun 05, 2006 05:25AM
Sony Joins Fujitsu, HP and Casio to Secure Licensing Rights to Widely Used
MMP Technologies
CARLSBAD, Calif., June 5 /PRNewswire-FirstCall/ -- Patriot Scientific
Corporation (OTC Bulletin Board: PTSC) confirmed today that Sony
Corporation has purchased a license to the Moore Microprocessor Patent(TM)
(MMP) Portfolio. Sony joins an expanding group of global system
manufacturers, including Fujitsu, Hewlett-Packard and Casio Computer that
have become MMP Portfolio licensees this calendar year. Terms of the
license were not disclosed.
``This is a pivotal time for the MMP licensing program,`` said David
Pohl, Patriot Scientific chairman and CEO. ``Adding Sony to our ever-growing
number of MMP licensees reinforces the strength of our jointly owned patent
portfolio as well as our business and licensing strategy. The MMP Portfolio
Licensing Program rewards first movers in their industry sectors with
substantial discounts. Sony was successful in achieving this distinct
honor.``
About Patriot Scientific
Patriot Scientific has emerged as an effective and dynamic intellectual
property licensing company, developing and marketing innovative and
proprietary semiconductor technologies. The company`s portfolio of
proprietary designs encompasses what is believed to be fundamental
ultra-low-power array microprocessor technology, as well as pending patents
designed to protect Patriot`s proprietary technology.
Detailed information about Patriot Scientific can be found on at
http://www.ptsc.com . 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 . An investment profile on Patriot
Scientific may be found at
http://www.hawkassociates.com/patriot/profile.php .
About Alliacense
Alliacense(TM) is a TPL Group Enterprise executing best-in-class design
and implementation of intellectual property 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 intellectual property portfolios. For more
information, visit http://www.alliacense.com .
About the Patent Portfolio
The patent portfolio, marketed as the Moore Microprocessor Patent
Portfolio, contains intellectual property that is jointly owned by publicly
held Patriot Scientific Corporation and the privately held TPL Group. The
portfolio encompasses seven U.S. patents as well as their European and
Japanese counterparts. Both TPL and Patriot assert that their jointly owned
patents protect techniques used in designing microprocessors,
microcontrollers, Digital Signal Processors (DSPs), embedded processors and
System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively
managed by Alliacense, a TPL Group enterprise.
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.
NOTE: Moore Microprocessor Patent, MMP and Alliacense are trademarks of
Technology Properties Limited (TPL). All other trademarks belong to their
respective owners.
CONTACT:
Patriot Media Relations Patriot Investor Relations
The Hoffman Agency Hawk Associates
David Friedman Frank Hawkins or Ken AuYeung
+1-303-868-9641 +1-305-451-1888
dfriedman@hoffman.com info@hawkassociates.com
SOURCE Patriot Scientific Corporation
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Related links:
http://www.alliacense.com/
http://www.ptsc.com/