Consumer Electronics Maker Becomes First Licensee of 2008
Patriot Scientific Corporation (OTCBB:PTSC) announced today that Humax
Corporation, Ltd. has purchased a Moore Microprocessor Patent™
(MMP) Portfolio license. Humax manufactures and distributes a broad
range of digital set top box, LCD television and satellite radio
products.
“In just the first week of 2008, we’re
proud to welcome Humax to the long and distinguished roster of MMP
licensees,” said Jim Turley, president and CEO
of Patriot Scientific. “The company’s
products are ubiquitous and user-friendly, and I like to think that our
technology played a part in that success.”
“The MMP Portfolio Licensing Program continues
its rapid growth, with Humax being the tenth new licensee in just the
past month,” said Rick Schutte, vice
president of Intellectual Property for Alliacense, Patriot’s
exclusive licensing partner. “Licensing
activity has increased dramatically in the past month, most likely due
to the successful Markman ruling and its settlement with the remaining
defendants in the MMP patent infringement case in Texas.”
The sweeping scope of applications using MMP Portfolio design techniques
continues to encourage the world’s leading
manufacturers of end-user products from around the globe to become MMP
Portfolio licensees. Since January 2006 more than 30 global companies
from the U.S., Europe, Japan, Korea and Taiwan have purchased MMP
Portfolio licenses.
About Humax
From its headquarters in Korea, Humax Corporation, Ltd. is engaged in
the manufacture and distribution of various digital consumer electronics
products. Humax is widely known for its broad range of digital set-top
box products supporting satellite, cable, terrestrial and IPTV
infrastructures. Humax also offers LCD television and satellite radio
products. Finally, Humax provides technical support and software
download services. For more information on Humax, visit www.humaxdigital.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.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.
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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 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 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.
For Patriot Scientific, Carlsbad Media Relations: The
Hoffman Agency John Radewagen, Vice President, Corporate
Communications 408-975-3005 or 408-219-9199 (mobile) jradewagen@hoffman.com or Patriot
Scientific Investor Relations: Hawk Associates Frank
Hawkins or Ken AuYeung, 305-451-1888 or TPL/Alliacense
Media Relations: Shawn Clark, 408-446-4222 shawnc@tplgroup.net
