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Message: Patriot Scientific Confirms Continuing Momentum as Sharp Purchases Moore Micropr

Patriot Scientific Confirms Continuing Momentum as Sharp Purchases Moore Micropr

posted on Apr 11, 2007 05:11AM
Patriot Scientific Confirms Continuing Momentum as Sharp Purchases Moore Microprocessor Patent(TM) Portfolio License

    CARLSBAD, Calif., April 11 /PRNewswire-FirstCall/ -- Patriot Scientific
Corporation (OTC Bulletin Board: PTSC) confirmed today that Sharp
Corporation has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio
license. Patriot Scientific and The TPL Group are co-owners of the MMP
Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.
    Sharp is the 16th company to join the distinguished roster of global
manufacturers that have captured early-mover MMP licensing berths in
specific industry segments since January 2006. Alliacense again confirmed
that subsequent licensees in segments where early tiers have been secured
are subject to progressively higher royalty rates on relevant products.
    The intellectual property assets protected by the MMP Portfolio
encompass fundamental design techniques that enable higher performance and
lower cost digital electronic systems ranging from cell phones and portable
music players to communications infrastructure and medical equipment as
well as automobiles, which today utilize dozens of microprocessors.
    "As a co-owner of the MMP Portfolio we are pleased to welcome Sharp to
the growing family of companies participating in the MMP Portfolio
Licensing Program," said David Pohl, chairman and CEO of Patriot Scientific
Corporation. He noted that HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson,
Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC
Corporation, Funai Electric and SanDisk have purchased MMP Portfolio
licenses in the past 14 months. Intel and AMD are also licensees.
    Pohl noted that the strong momentum of the licensing program validates
the decision by Patriot's board of directors in June 2005 to shift the
company's primary business model from manufacturing and marketing products
to a model currently focused primarily but not exclusively on licensing
their joint venture MMP patent portfolio. He emphasized that Patriot
Scientific invested millions of dollars and hundreds of thousands of
man-hours over 12 years or more developing and bringing to market products
based upon the company's intellectual property, including IP contained in
the MMP Portfolio.
    "We will continue to seek and evaluate opportunities to diversify our
revenue stream by developing and marketing new technologies, entering into
joint ventures or by acquiring other companies and technologies," Pohl
stated, "always pointed toward the goal of increasing the financial
position and strength of the company and providing value to our
shareholders."
    About Sharp Corporation
    Since its founding in 1912, Sharp Corporation has fashioned a global
name as a comprehensive electronics manufacturer. Focused on consumer and
information products, Sharp recently demonstrated at the Consumer
Electronics Show the world's largest LCD TV (108-inch) as well as wireless
image-transfer from cameras and cell phones to TVs, and the industry's
first modems for transferring two high-definition feeds through a single
power line in the home. For more information, visit http://www.sharp-world.com.
    About Patriot Scientific
    Patriot Scientific 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 .
    Copies of Patriot Scientific press releases, current price quotes,
stock charts and other valuable information for investors may also be found
at http://www.hawkassociates.com, http://www.americanmicrocaps.com, and at
http://www.agoracom.com/IR/Patriot, in addition to the company's web site.
    About the Patent Portfolio
    The patent portfolio, marketed as the Moore Microprocessor Patent(TM)
Portfolio, is jointly owned by the 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
fundamental to the design of modern microprocessors, microcontrollers,
Digital Signal Processors (DSPs), embedded processors and System-on-Chip
(SoC) implementations.
    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 global coalition of high technology enterprises involved
in the development, management and commercialization of IP assets as well
as the design, manufacture and sales of proprietary products based on these
same 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 and Ignite are trademarks of
Patriot Scientific Corporation. All other trademarks belong to their
respective owners.
     CONTACTS:

     Patriot Investor Relations:
     Hawk Associates, Frank Hawkins or Ken AuYeung (305) 451-1888
     info@hawkassociates.com

     AGORACOM Investor Relations, PTSC@Agoracom.com
     http://www.agoracom.com/IR/Patriot

     Patriot Media Relations: The Hoffman Agency, John Radewagen,
     (408) 975-3005 jradewagen@hoffman.com

     Alliacense Media Relations: Tom Rigoli, Mindpik, (650) 969-5986
     rigoli@mindpik.com


SOURCE Patriot Scientific Corporation

Related links:
  • http://www.patriotscientific.com
  • http://www.sharp-world.com
  • http://www.hawkassociates.com
  • http://www.alliacense.com
  • http://www.americanmicrocaps.com
  • http://www.agoracom.com/IR/Patriot
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