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Aug 09, 2005 01:22PM
Effective as of August 3, 2005, Thomas J. Sweeney, CPA, has been appointed the Chief Financial Officer of Patriot Scientific Corporation. Mr. Sweeney has over 25 years of experience in his profession and will be responsible for managing Patriot Scientific`s financial organization and resources while contributing to the development of the company`s operations.
Since 2000, Mr. Sweeney has been a Partner in the San Diego office of Tatum CFO Partners, a national financial services firm that is the largest professional services provider of strategic, financial, and information technology leadership in the country. While a Partner of Tatum and for three and one-half years, Mr. Sweeney served as the Chief Financial Officer of New Visual Corporation, a publicly held development stage company in the telecommunications industry with more than 8,000 shareholders. Also, while with Tatum, he served as the Chief Financial Officer of Mitchell International, Inc., a 700 person firm that is a provider of information software, print publications and total business solutions.
Also while with Tatum, Mr. Sweeney worked in Johannesburg and Cape Town, South Africa on a project basis for an investment group that was organized under Astrata Group, Inc., a publicly held U.S. company as it completed acquisitions of satellite technology subsidiaries.
Earlier in his career Mr. Sweeney worked as an auditor for Ernst & Young LLP, where he earned his CPA certificate, and he also worked for the international consulting firm of McKinsey & Company.
Mr. Sweeney earned his BBA and MBA degrees from The University of Texas at Austin and is a member of the American Institute of CPA`s.
There is no family relationship between any of our executive officers.
There were no transactions, or series of transactions, during fiscal 2005 and 2004, nor are there any currently proposed transactions, or series of transactions, to which the Company is a party, in which the amount exceeds $60,000, and in which to its knowledge Mr. Sweeney has or will have any direct or indirect material interest.
The Company has entered into an Employment Agreement with Mr. Sweeney.