Patriot Scientific Corporation (PSC) develops, markets, and sells microprocessors and the complementary products, which enables computers and other data-processing devices to communicate. These products can be used to connect to the Internet or other telecommunication networks. PSC is the successor by merger to Patriot Financial Corporation, a Colorado corporation. The Company's business involves two technologies: ignite microprocessor technology and high-speed data communications technology. The Microprocessor technology product line accounted for approximately 18% of the Company's revenue during the fiscal year ended May 31, 2004 (fiscal 2004). The balanced revenue was generated from Communications product line. The Company is developing a radar technology and sold off its gas plasma antenna technology in August 1999.