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Patriot Scientific Corporation (OTCMKTS:PTSC) Selling Its Patents

Las Vegas, NV -- (SBWIRE) -- 01/02/2014 -- Patriot Scientific Corporation (OTCMKTS:PTSC) conducts research business and offers intellectual-property licenses. PTSC actively seeks and purchases licenses for micro processing chip technologies and then sells these licences to companies. Main services of the company include data sharing and data security solutions. It holds 39.4% interest in Talis Data Systems.

Patriot says that it is selling its patents and US International Trade Commission is reviewing Administrative Law Judge's findings about US 5,809,336 patent of the company. The company says that it is seeking an importation ban on some technologies.

PTSC believes that there should be ban on import of wireless consumer electronics devices. The company’s CEO Cliff Flowers says that it pleases the management to receive response from ITC. The company hopes that ITC avails the opportunity regarding patent.

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