The following should not be quoted or taken as gospel as I am not a court reporter and I was mostly trying to pay attention to the meeting but the following is a synoptic overview of the shm as I heard it - If I got something wrong please someone jump in and correct me:

Started shortly after 10am

RG opened the meeting - RG introduced the nine members on the dais also various ptsc vips in audience inclusive of Mac L (Dad and TPL London vp came in a few minutes late). Inclusive of ptsc vips were folks from talis, ssdi and Crossflo. I calculated there were aprox 20 folks or more in attendance assoc with company.

Overall attendance probably in the range of 100 or a bit less. Many empty seats and room was significantly smaller then those at LaCosta.

Polls were then opened and closed as no one wanted to vote at meeting then the total of vote was documented.

301 million shares out of total outstanding were voted on and as has been reported all motions passed. Angela said % of shares that voted for motions would be reported in 10K.

RG then made a presentation of what has occurred in the past year. He spoke for a few minutes on institutional investors. He wants to concentrate especially on European Investment firms as they have a longer term outlook. There was a very brief mention of moving to another exchange which will not occur any time soon and is not presently in picture.

After RG's presentation which went to aprox 10:25am Mac L got up and gave the standard TPL presentation most of us have heard from the previous meetings. His presentation was direct and professional but mostly concentrated on how great Alliancese is (which is of course owned by TPL).

He did say that the MMP is one of 6 soon to be 89 licensing programs that Alliancense works on. Obviously the mmp is not the only objective for Alliancense. They have many offices across the USA and offices in Bulgaria, Paris and London.

(personal note: if I was invested in tpl I would have been very happy with his report)

Re: MMP - there were 641 customer mtgs in '08. The employees of Alliancense put on over 1.5 million air miles on the tab in '08.

as of Oct '08

654 notices were sent vs 485 in '07

453 active accounts vs 284 in '07

338 responded vs 222 in '07

in '08

35% of mtgs were in Asia vs 53% in '07

56% of mtgs were in N. America vs. 31% in '07

15% of mtgs were in Europe vs. 13% in '07

% of companies mtg and negotiating with All is 96% greater than in '07

At !!:05 Dan L. took over for Mac

He was as always much more flamboyant and folksy and opinionated.

He concentrated a lot of his comments on their efforts to defeat legislation that if enacted would probably reduce value of MMP from 50% to 90%. He thought 90% was most accurate. He felt there was an excellent chance that the legislation would come up again in '09 and basically gave credit to Penn Senator for not allowing vote in '08.

He said that the 3 companies suing us in N. Ca were initially negotiating in good faith and then out of the blue sued. He felt there was good and bad in Ca. vs Texas courts.

He felt that the reexam should be completed in quarters and not in years and though he could not guarantee the results they felt good about the outcome (what else was he going to say).

11:30am Leckrones went longer then expected.

Renne Senn - Pres of Crossflo then made presentation which to be honest was very detailed and though I understood most of it left me impressed with what they want to do.

(Note: Angela Hartley actually is a vp in charge of admin with Crossflo and is also now the inside IR representative with entire company. She is very nice and competent)

R. Senne made a very professional presentation. I really was trying to listen to his presentation and did try to jot down his data off slides but I am not great at multi tasking especially when I am trying to listen but he said Patriot's intent is to try for 7 Primary Function in multi tasking software...... textual analysis, user authorization, data analysis, data integrity, data authorization and I missed the last two......

He said Crossflo and HP have been in partnership for the four years but this past month Crossflo actually rec'd their first dollars from this partnership.

He said they will need money to grow and expect to use MMP toward this end

11:55

RG then spoke again and said due to lack of time the bal of his presentation would be put on the web site on Monday

He did say that ptsc plans on having an investor conference call in mid January following release by a few days of 10Q. The call would be about five minutes of news and about 25 minutes of Q & A

He has had more then 2 dozen meetings with institutional investors. At the Florida mtg last week 13 funds showed interest in ptsc.

He will be going to Europe soon.

Right now the company has 21 million in cash

Had 6.6 million in sales in first quarter of '09

more than 200 hospitals (out of 7000) will be participating in web cast with HP and Crossflo in December

Lastly he said they cannot control price but can present a good picture.

Q & A 12:05pm

Shareholder - Stan Kaplan - asked for justification of additional options and why we needed 100 million more authorized shares?

R.G. - for tech company our shares for options are very low %. Should be in 12% range not 4% range. Had 4 employees now have 24 (with Crossflo) and if Iameter deal goes through will have many more. They will need to get very competent employees and need shares to give in options.

They are in mkt buying shares almost daily but they need more shares for M&A

Shareholder - either gave no name or did not catch it - is co. damaged by litigation and legislation?

Mac Leckrone answered but Dan jumped in and repeated what he had said earlier (must say that Dan many times self injected opinions throughout the meeting which if any other shareholder had done that we would have been asked to leave and rightfully so)

Shareholder - Steve Wagoner - controls 2-3 million shares - Said how well run meeting was etc etc then asked two questions.

What are institutional investors telling RG?

R.G. - some do buy over the counter stocks but most told him they will put ptsc on their watch list and will keep in touch. Major problem is that it is a penny stock.

2nd Question from Steve - Regarding board and compensation. Why do they not take a cut in comp or at very least put comp after taxes into stock purchases.

Dan L jumped in before RG or board could talk and said that he insisted that the board be paid and they were all great and that Steve had no idea how good they were and how happy he was to work with them.

Steve said that was all fine and good but he wanted to hear from the board which Dan did not like.

Board CJ and Gloria went on about how they were not paid anything before '05 or '06 and that they spend part of each day on ptsc and CJ said that he is in on every meeting and that he needs to ask Gloria about numbers because he does not understand numbers and that if it wasn't for the board and Dp then his friends in Atlanta would own ptsc as a shell

(note: I felt that Dan L was rude and out of line but that is the way he has been at every meeting in a folksy sort of way).

Shareholder - Stever Olson - asked RG for guidance?

RG said no guidance possible on MMP but is hopeful after putting together an plan to have guidance on Crossflo etc and may have some info by conference call time in Jan.

Mtg over aprox 12:40pm for board members to take 1 on 1 Questions.

Hope this helps

God Bless

marc