Message #38 From:
NewsBot Date: March 21, 2008 08:51:09 AM
Emerson Radio Purchases Moore Microprocessor Patent(TM) Portfolio License
Patriot Scientific (OTCBB:PTSC) today announced that Emerson Radio
Corporation has purchased a Moore Microprocessor Patent™
(MMP) Portfolio license from The TPL Group, Patriot’s
licensing partner. Emerson Radio designs, markets and licenses a broad
range of consumer electronics under the Emerson and HH Scott brand names
including audio, video, home theater and telecommunication devices.
Patriot’s President and CEO, Rick Goerner,
said, “Emerson Radio is the second licensee
for the current fiscal quarter which ends in May and the tenth MMP
Portfolio licensee since the December settlement of TPL’s
MMP patent infringement case in Texas. We continue to see momentum in
our licensing program and look forward to future successes on that front.”
The sweeping scope of applications using 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 Emerson Radio Corporation
Emerson Radio Corporation founded in 1948, is headquartered in
Parsippany, N.J. The Company designs, markets and licenses, worldwide, a
variety of consumer electronics and home appliances including microwaves
and wine coolers, clock radios, full lines of televisions and other
video products, and audio and home theater products. For more
information, please visit Emerson Radio's Web site at http://www.emersonradio.com.
About Patriot Scientific
Patriot Scientific (OTCBB:PTSC) 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.
To receive free e-mail notification of future releases for Patriot
Scientific, sign up at http://www.hawkassociates.com/email.aspx.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property
that is jointly owned by the privately-held TPL Group and publicly-held
Patriot Scientific Corporation (OTCBB:PTSC). 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.
