Patriot Scientific Issues Update on Talis Data Systems Investment

Aug 4, 2008 17:15:01 (ET)

CARLSBAD, Calif., Aug 04, 2008 (BUSINESS WIRE) -- Patriot Scientific today announced that in addition to Patriot's increased investment in Talis Data Systems as previously announced today, two of Patriot's partners in the Talis venture have also increased their investment in Talis. This increased investment effectively reduces Patriot's share in Talis from the previously announced 41% to 37%. This additional investment by our Talis partners is further validation of the continued commitment of Patriot and our partners to support the market potential of Talis' product offerings. Talis Data Systems, LLC, San Diego, is a company that produces multi-domain computer and network security products for government, military and enterprise customers.