Carlsbad, Calif., December 18, 2006
-- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) confirmed that Schneider Electric has today purchased a Moore Microprocessor Patent (MMP) Portfolio license. Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.
With European business origins dating back to 1836, Schneider Electric joins the distinguished roster of global manufacturers that have this year purchased MMP Portfolio licenses, including HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, and Lexmark. Intel and AMD are also licensees.
"We welcome Schneider Electric as our first European MMP Portfolio licensee," said Mike Davis, Alliacense Sr. Vice President, Licensing. "We also welcome this leading power and control specialist as our first MMP licensee in the Industrial Equipment industry segment." He confirmed that substantial discounts are offered to first movers while subsequent licensees in the same industry category are subject to progressively higher rates.
David Pohl, chairman and CEO of Patriot Scientific, said, "This is an impressive licensing year for our company. The increased momentum of our patent portfolio license signings near the end of 2006 leads us to enthusiastically look forward to further licensing successes by the Alliacense team in 2007.
The MMP Portfolio patents, filed in the 1980s, cover techniques that enable higher performance and lower cost designs, and are fundamental to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players to communications infrastructure, medical equipment, and automobiles, which today have dozens of microprocessor-based key features and benefits. About Schneider Electric
Schneider Electric is the world's leading power and control specialist. Through its world-class brands, Merlin Gerin, Square D and Telemecanique, Schneider Electric anticipates and satisfies its customers' requirements in the residential, building, industry, energy and infrastructure markets. With 92,000 employees and operations in 130 countries, Schneider Electric generated sales of 11.7 billion in 2005 through 13,000 distributor outlets. For more information, visit http://www.schneider-electric.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 http://www.ptsc.com.
Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com
. An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx
. About the Patent Portfolio
The patent portfolio, marketed as the Moore Microprocessor Patent Portfolio, contains intellectual property that 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. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group Enterprise. About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of intellectual property 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 intellectual property portfolios. For more information, visit http://www.alliacense.com