Patriot Scientific JV inks agreement with Alliacense

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Patriot Scientific JV inks agreement with Alliacense

posted on Jul 29, 2014 06:27PM

By Gulli Arnason · July 29, 2014

Patriot Scientific Corp. (OTC: PTSC) said that Phoenix Digital Solutions, Patriot´s joint venture, has entered into an agreement with Alliacense, LLC that settles all outstanding disputes between PDS and Alliacense.

“We are extremely satisfied with the terms of the agreement which establishes important performance goals and incentives for Alliacense, while increasing our reach and opportunities for success by providing for the retention of a second licensing agent,” said Carlton Johnson, Patriot board member and its appointee to the PDS Management Committee.

Headquartered in Carlsbad, California, Patriot Scientific Corp. is the co-owner of the Moore Microprocessor Patent Portfolio. For more information, visit www.ptsc.com.

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