CARLSBAD, Calif. – Dec. 7, 2007 – Patriot Scientific Corporation announced today that Lite-On IT Corporation has purchased a license to the company's microprocessor-related patent portfolio. Lite-On IT thus becomes the company's 28th licensee and the third within a week.
"Lite-On is the first major Taiwanese system company to purchase a license," said Patriot Scientific president and CEO Jim Turley. "Following just days after Daewoo of Korea and a new U.S. manufacturer, Lite-On becomes our third licensee this week, highlighting the tremendous momentum behind our microprocessor chip technology. My congratulations go out to Lite-On for their vision, and to Alliacense, our commercialization partner, for their excellent work."
The sweeping scope of electronics applications that use MMP design techniques continues to encourage manufacturers of end-user products from around the world to license the MMP technology. More than 25 global companies have purchased licenses including AMD, Intel, Hewlett Packard, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, DMP Electronics, Denso Wave, Philips, TEAC, Daewoo Electronics, and Lite-On IT.
About Lite-On IT corporation
Lite-On IT corporation (Lite-On) is the largest CD-ROM manufacturer in Taiwan. Its R&D team develops sophisticated CD-ROM technology and has patent recognition for the first ASIC (application-specific integrated circuit) used exclusively for CD-ROM. The outstanding functional features and stable quality of Lite-On IT products have been recognized by multiple European and American customers. Lite-On IT is the top CD-ROM brand name in the Chinese market. Through an alliance with Lite-On IT, Loyalty Founder Enterprise, a professional peripheral agent, is the agent for all Lite-On IT products including CD-ROM and CD-RW series.
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx. 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 and http://www.americanmicrocaps.com.
About the MMP Portfolio
The Moore Microprocessor Patent (MMP) Portfolio contains intellectual property that is jointly owned by the privately held TPL Group and publicly held Patriot Scientific Corporation (OTCBB: PTSC). The portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is becoming widely recognized that these patents protect fundamental technology used in designing microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. The MMP portfolio is exclusively managed by Alliacense, a TPL Group Enterprise.
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 coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.