The Board of Directors is aware that a reverse stock split may be a strategy to be considered to achieve an increase in the share price. However, such action would not be prudent in the absence of adequate assurance that ongoing business developments would be sufficiently positive to keep the shares trading near or above the new market price achieved by the reverse stock split. Such action is not being considered at the present time.

Chairman's Notes from the 2007 Annual Meeting of Shareholders of Patriot Scientific Corporation

Be well