Falk Trust to Begin Distribution of Assets Including Shares of Patriot Scientific Corporation (PTSC)

San Diego, CA - July 25, 2003 - Patriot Scientific Corporation (OTCBB:PTSC) today announced that distribution of assets of the Falk Family Trust, the successor to the company from which PTSC acquired its basic microprocessor technology in 1994, has begun. The trust currently owns, directly or beneficially, 16,832,943 shares of PTSC or approximately 15% of the outstanding shares.

Gloria Felcyn, trustee of the trust and a member of the company's board of directors, said, "We anticipate that we will shortly begin distributing the trust's holdings of PTSC to the heirs. In some cases, this will involve selling shares in the open market or through arranged transactions for the benefit of the heirs as well as converting debentures into shares and exercising warrants currently held by the trust."

Felcyn said, "The Falk family continues to be a supporter of PTSC and its technology. But with the successful conclusion of the lawsuit in which the family and PTSC were named as defendants, the assets of the trust that was formed on the death of Helmut Falk in 1995 must finally be distributed to the heirs. Several heirs have indicated they will continue to hold PTSC shares they may receive as part of a distribution. In addition, we expect execution of the warrants will benefit PTSC's cash flow. We realize the distribution must be orderly and will be conducted in a way to minimize any negative impact on the price of PTSC."