Calvin Azuri
TMCnet Contributing Editor
Patriot (News - Alert) Scientific has decided to retain Ibis Consulting Group of Newport Beach, California. The Company will be patriot's new Investor Relations firm, from August 1, 2008.


Right from running an investor relations program, Ibis will take care of all activities aimed at getting new equity fund investors both in the U.S. and globally.

Rick Goerner, president and CEO of Patriot said: “Ibis has a strong track record of success in introducing companies such as ours to institutional investors driving long term institutional shareholders of Patriot. I am very pleased to partner with Ibis to communicate Patriot’s exciting and evolving transition story.”

The Ibis team is known to have a knack of identifying and developing relationships with institutions across the U.S. and Europe. These institutions are generally looking for small emerging companies in which to allocate their resources. This is key for Patriot, in order to get analyst coverage and make the transition from the OTC market to a broader traded exchange.

Patriot plans to expand beyond its successful licensing program of the MMP Portfolio into, once again, an operating company through its M&A activity. Ibis is confident of providing stability and growth to the Patriot share, as a result of the broad exposure that they will garner from US and Europe.

Headquartered in Carlsbad, Calif., Patriot Scientific is an intellectual-property licensing company. They develop, market, and enable innovative technologies to satisfy the demands of fast-growing markets.

They cater to markets like wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more.

Their Moore Microprocessor Patent (MPP) Portfolio is jointly owned by publicly-held Patriot Scientific Corporation and the privately held The TPL Group. It contains intellectual property and has seven U.S. patents, as well as their European and Japanese counterparts.

The MMP Portfolio is used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. It is a known fact that the MMP Portfolio protects fundamental technology.

Based in Newport Beach, CA (News - Alert), IBIS Consulting Group, LLC was set up in 2000 by Dina Lyaskovets and associates. The team has a total of 30 years of experience in the institutional sales arena to their credit. They have brought their expertise in working with both senior corporate executives and institutional investors to an environment where they can provide a higher level of service and consulting advice to their corporate clientele.
Calvin Azuri, TMCnet Contributing Journalist.

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