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.

Except, I would like to note that this settlement adds several hundred million to our coffers, and if you have spare money in your mattress, equity in your house, or change between your sofa cushions, or just want to keep all this to yourself to spite your friends and jab a hot stick into one of our relative's eyes when you sell out and buy a yacht with an all-female crew, i strongly urge you to buy as much as you can now . . . . [audio] Wait. What? What do you mean I can't say that? . . . Get your hands off me . . . ok, ok, I will shut up! . . . But I want to buy more now!"

Ahem. My dead shareholders, we have said all we can say.

--Jim Turley

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Ok, so even my wife is proud of me for refusing to sell in the .40s so she could sleep at night.

We have all waited a long time, and this is a good day. Winston Churchill used to talk about "hinges of history"--days or events that vector the future in sharply different directions. Today is that day for PTSC longs.

--tps