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Re: pacard

in response to

Re: "Why did PTSC feel it was necessary to include that information ?"

pacard

posted on Apr 19, 2010 12:31PM

I fail to understand why PTSC didn't enter into the MA w/ only Moore. Then, they could have employed whomever they wanted to commercialize the patents

Patriot Scientific and TPL Group Unify Portfolio of Fundamental Microprocessor Patents

Parties End Ownership Litigation TPL Group to Manage Licensing Program

SAN DIEGO, June 7 /PRNewswire-FirstCall/ -- In a move that will expedite the licensing of a series of fundamental microprocessor patents that are at the heart of a global $200 billion-plus microprocessor end-use market, intellectual properties firms Patriot Scientific (OTC Bulletin Board: PTSC) and The TPL Group announced today an agreement to unify their interests in key microprocessor patents originally filed in 1989 and granted in 1998. Under the terms of this agreement, The TPL Group is granted full responsibility and authority for the commercialization and licensing of the unified patents portfolio.

This significant joint accord ends years of litigation between Patriot Scientific and The TPL Group over title to the patents. Previously, each corporation had licensed these core technology patents separately. Earlier this year Patriot Scientific had successfully licensed this core technology to AMD (NYSE: AMD). Under terms of this new agreement, Patriot Scientific and TPL will receive certain payments in addition to sharing in future revenues generated by a licensing program exclusively implemented by TPL.

http://www.design-reuse.com/news/10587/patriot-scientific-tpl-group-unify-portfolio-fundamental-microprocessor-patents.html