Patriot Scientific Momentum Continues as SanDisk Purchases Moore Microprocessor Patent(TM) Portfolio License
CARLSBAD, Calif., March 9 /PRNewswire-FirstCall/ -- Patriot Scientific
Corporation (OTC Bulletin Board: PTSC) confirmed today that SanDisk, the
world's largest supplier of flash storage card products, has purchased a
Moore Microprocessor Patent(TM) (MMP) Portfolio license. Patriot Scientific
and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a
TPL Group enterprise, exclusively manages.
SanDisk is the 15th company to join the distinguished roster of global
manufacturers that have captured early-mover MMP licensing berths in
specific industry segments since January 2006. Alliacense again confirmed
that subsequent licensees in segments where early tiers have been secured
are subject to progressively higher royalty rates on relevant products.
The intellectual property assets protected by the MMP Portfolio
encompass fundamental design techniques that enable higher performance and
lower cost digital electronic systems ranging from cell phones and portable
music players to communications infrastructure and medical equipment as
well as automobiles, which today utilize dozens of microprocessors.
"As a co-owner of the MMP Portfolio we are pleased to welcome SanDisk
to the growing family of companies participating in the MMP Portfolio
Licensing Program," said David Pohl, chairman and CEO of Patriot Scientific
Corporation. He noted that HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson,
Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC
Corporation and Funai Electric have purchased MMP Portfolio licenses in the
past 13 months. Intel and AMD are also licensees.
Pohl noted that the strong momentum of the licensing program validates
the decision by Patriot's board of directors in June 2005 to shift the
company's primary business model from manufacturing and marketing products
to a model currently focused on licensing their joint venture MMP patent
portfolio. He emphasized that Patriot Scientific invested millions of
dollars and hundreds of thousands of man-hours over 12 years or more
developing and bringing to market products based upon the company's
intellectual property, including IP contained in the MMP Portfolio.
About SanDisk
SanDisk is the original inventor of flash storage cards and is the
world's largest supplier of flash data storage card products using its
patented, high- density flash memory and controller technology. SanDisk is
headquartered in Milpitas, Calif., and has operations worldwide with more
than half its sales outside the U.S. For additional information, visit
www.sandisk.com.
About Patriot Scientific
Patriot Scientific is a leading intellectual property licensing company
that develops, markets and enables innovative technologies to address the
demands in fast-growing markets such as wireless devices, smart cards, home
appliances and gateways, set-top boxes, entertainment technology,
automotive telematics, biomedical devices and industrial controllers.
Headquartered in Carlsbad, Calif., information about the company can be
found at www.ptsc.com.
Copies of Patriot Scientific press releases, current price quotes,
stock charts and other valuable information for investors may also be found
at www.##############.com and www.americanmicrocaps.com. An
investment profile on Patriot Scientific may be found at
www.##############.com/ptscprofile.aspx. To receive future releases
in e-mail alerts, sign up at www.##############.com/email.aspx.
About the Patent Portfolio
The patent portfolio, marketed as the Moore Microprocessor Patent(TM)
Portfolio, is jointly owned by the publicly held Patriot Scientific
Corporation and the privately held TPL Group. The portfolio encompasses
seven U.S. patents as well as their European and Japanese counterparts
fundamental to the design of modern microprocessors, microcontrollers,
Digital Signal Processors (DSPs), embedded processors and System-on-Chip
(SoC) implementations.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and
implementation of Intellectual Property (IP) licensing programs. As a cadre
of IP licensing strategists, technology experts, and experienced business
development /management executives, Alliacense focuses on expanding the
awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group
has emerged as a global coalition of high technology enterprises involved
in the development, management and commercialization of IP assets as well
as the design, manufacture and sales of proprietary products based on these
same IP assets. For more information, visit www.alliacense.com.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this news release looking forward in time
involve risks and uncertainties, including the risks associated with the
effect of changing economic conditions, trends in the products markets,
variations in the company's cash flow, market acceptance risks, patent
litigation, technical development risks, seasonality and other risk factors
detailed in the company's Securities and Exchange Commission filings.
Moore Microprocessor Patent ( MMP) and Alliacense are trademarks of
Technology Properties Limited (TPL). PTSC and Ignite are trademarks of
Patriot Scientific Corporation. All other trademarks belong to their
respective owners.
CONTACTS:
Patriot Investor Relations: Hawk Associates, Frank Hawkins or Ken AuYeung
(305) 451-1888 info@##############.com
Patriot Media Relations: The Hoffman Agency, John Radewagen,
(408) 975-3005 jradewagen@hoffman.com
Alliacense Media Relations: Tom Rigoli, Mindpik,
(650) 969-5986 rigoli@mindpik.com
SOURCE Patriot Scientific Corporation
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www.patriotscientific.com
www.alliacense.com
www.##############.com
www.americanmicrocaps.com