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Patriot Settles Litigation with HTC Corporation
January 08, 2015: 08:00 AM ET

CARLSBAD, Calif., Jan. 8, 2015 /PRNewswire/ -- Patriot Scientific Corporation (OTCQB: PTSC) announced today that it has settled all outstanding litigation with HTC Corporation.

Previously in litigation before the United States District Court for the Northern District of California, HTC was found to infringe multiple claims within Patriot's US 5,809,336 patent. Subsequently HTC appealed the jury verdict with Patriot filing its own cross appeals.

The '336 patent is one of several patents that are part of a larger portfolio held by Patriot, known as the Moore Microprocessor Patent (MMP) Portfolio™. In addition to the jury verdict over HTC in U.S. District Court, the MMP Portfolio has survived seventeen re-examination challenges before the United States Patent and Trademark Office. Currently there are additional proceedings in U.S. District Court, alleging infringement of the MMP Portfolio against Barnes & Noble Inc., Garmin Ltd., Huawei Technologies Co. Ltd., LG Electronics, Nintendo Co. Ltd., Novatel Wireless Inc., Samsung Electronics Co. Ltd., and ZTE Corporation.

"We see this as yet another vindication for the '336 patent and should serve as a signal to the marketplace that infringers of the MMP Portfolio will be held accountable," stated Cliff Flowers, Patriot's Interim Chief Executive Officer. "We believe the MMP Portfolio has near universal applicability in microprocessor design and companies utilizing this technology should take note of our successes at the USPTO and in court."

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