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Message: They're still signing them up left/right.

They're still signing them up left/right.

posted on Mar 02, 2008 04:33PM

''Our plan is to leverage Patriot’s current and future cash flows to create a business with sustainable product growth on a global basis. I expect to continue the evaluation of currently identified potential strategic acquisitions and expand the scope of opportunities in the wireless, software and networking sectors,” concluded Goerner.''

Goerner has extensive experience as an operating manager and CEO with technology companies on a global scale. He served as President and COO of the Storage Products Group of Texas Instruments, a one billion dollar supplier of mixed signal and analog ICs for the hard disk drive market. Previously, Goerner served as President and CEO of TransDimension Inc, an Irvine, California based, venture-financed, technology start-up company providing embedded Universal Serial Bus (USB) silicon and software solutions to a global customer base. TransDimension was acquired by Oxford Semiconductor in 2005. Goerner has recently been involved in the development of other early stage technology companies, serving as a Technical Advisor, as Executive Chairman, as a member of the Board of Directors and in the capacity of Interim President and CEO.

Good morning Ken,
Posted by: biajj on March 02, 2008 02:57PM


Thanks for your note, I've read your many posts on the message boards.
With the change in the CEO being so very fresh, lets give Mr. Goerner an opportunity to address Shareholder directly. I suspect he'll want to introduce himself, and that no doubt he is already aware of investors concerns.
I don't target anyone when I write this, but I suggest we all take a deep breath and a step back, so that our Shareholder relations with the new CEO have a chance to start off on the right foot. I've read most of the posts, and it is my observation that a few are already unnecessarily poisoning the well.
Yes, I am still a strong advocate for shareholders; and still optimistic. I look forward to what I hope/expect will be Mr. Goerner's effective leadership of PTSC.


Good fortune ''

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