10.07.2008 13:15:00
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Patriot Scientific Announces Bosch Purchases Moore Microprocessor Patent(TM) Portfolio License
Patriot Scientific (OTCBB:PTSC) announced today that Robert
Bosch GmbH and The TPL Group, the company’s
partner who manages the marketing, licensing and defense of patents in
the Moore Microprocessor Patent™ (MMP)
Portfolio, have agreed to the terms of a patent license. Terms of the
deal are not publicly available. The Bosch Group is a leading global
supplier of automotive and industrial technology, consumer goods and
building technology.
Patriot’s President and CEO Rick Goerner,
said: "The signing of The Bosch Group, a large
international company, represents another validation of our ongoing
licensing activities for the MMP™ Portfolio
through TPL. Since the beginning of 2008, we have announced 12 new
licensees for the MMP™ Portfolio.”
The wide scope of licensed applications using the MMP™
Portfolio design techniques continues to encourage global manufacturers
of end user products to become MMP™ Portfolio
licensees. More than 40 companies from the US, Europe, Japan, Korea and
Taiwan have licensed the MMP™ Portfolio
technologies, including many industry leaders such as Fujitsu, Hewlett
Packard, Kenwood, Mattel, Nokia, Philips, Sony and Toshiba.
The MMP™ Portfolio patents utilize techniques
that enable higher performance and lower cost designs and are
fundamental to consumer and commercial digital systems. Today, there are
dozens of microprocessor-based key features and benefits that are
included in systems such as: DVD players, cell phones and portable music
players to communications infrastructure, medical equipment, and
automobiles.
About the Bosch Group
The Bosch Group is a leading global supplier of automotive and
industrial technology, consumer goods, and building technology. The
Bosch Group comprises Robert Bosch GmbH and its more than 300
subsidiaries and regional companies in roughly 50 countries. The special
ownership structure of Robert Bosch GmbH guarantees the entrepreneurial
freedom of the Bosch Group, making it possible for the company to plan
over the long term and to undertake significant up-front investments in
the safeguarding of its future. The company began in Stuttgart, Germany
in 1886 by Robert Bosch (1861-1942) as "Workshop
for Precision Mechanics and Electrical Engineering.”
To learn more, visit www.bosch.com.
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.patriotscientific.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/profile/ptsc.cfm.
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.
To receive free e-mail notification of future releases for Patriot
Scientific, sign up at http://www.hawkassociates.com/about/alert/.
About the MMP™ Portfolio
The Moore Microprocessor Patent™ Portfolio
contains intellectual property that is jointly owned by publicly-held
Patriot Scientific Corporation (OTCBB:PTSC) and the privately held The
TPL Group. The MMP™ Portfolio includes seven
U.S. patents as well as their European and Japanese counterparts. It is
widely recognized that the MMP™ Portfolio
protects fundamental technology used in microprocessors,
microcontrollers, digital signal processors (DSPs), embedded processors
and system-on-chip (SoC) devices. Manufacturers of microprocessor-based
products can learn more about how to participate in the MMP™
Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.
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 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 http://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
is a trademark of Patriot Scientific Corporation. All other trademarks
belong to their respective owners.
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