CARLSBAD, Calif., Feb. 20 /PRNewswire-FirstCall/ -- Patriot Scientific
Corporation (OTC Bulletin Board: PTSC) confirmed today that Funai Electric
Co., Ltd. has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio
license. Patriot Scientific and The TPL Group are co-owners of the MMP
Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.
    Funai manufactures products for its own well-known brands such as
Sylvania and Emerson as well as for several of the world's largest
retailers and even competitors. It is the 14th company to join the
distinguished roster of global manufacturers that have captured early-mover
MMP licensing berths in specific industry segments since January 2006.
Alliacense again confirmed that subsequent licensees in segments where
early tiers have been secured are subject to progressively higher royalty
rates on relevant products.
    The intellectual property assets protected by the MMP Portfolio
encompass fundamental design techniques that enable higher performance and
lower cost digital electronic systems ranging from cell phones and portable
music players to communications infrastructure and medical equipment as
well as automobiles, which today utilize dozens of microprocessors.
    "As a co-owner of the MMP Portfolio we are pleased to welcome Funai to
the growing family of companies participating in the formative stage of the
MMP Portfolio Licensing Program," said David Pohl, Chairman and CEO of
Patriot Scientific Corporation. He noted that HP, Casio, Fujitsu, Sony,
Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider
Electric and NEC Corporation have purchased MMP Portfolio licenses in the
past 13 months. Intel and AMD are also licensees.
    Pohl noted that the strong momentum of the licensing program validates
the decision by Patriot's Board of Directors in June 2005 to shift the
company's primary business model from manufacturing and marketing products
to a model currently focused on licensing their joint venture MMP patent
portfolio. He emphasized that Patriot Scientific invested millions of
dollars and hundreds of thousands of man-hours over 12 years or more
developing and bringing to market products based upon the company's
intellectual property, including IP contained in the MMP Portfolio.
    "We have already embarked upon our plan for the future of Patriot
Scientific by seeking and evaluating opportunities to add to and diversify
our revenue stream by acquiring other companies and technologies, entering
into joint ventures, developing and marketing new proprietary products or
technologies, or a combination of any of those alternatives," said Pohl. He
further added that he expects to issue a letter to Patriot shareholders
within the coming week summarizing events of 2006 as well as an update on
recent developments and plans for the next meeting of shareholders.
    About Funai Electric Co., Ltd.
    Funai Electric Co., Ltd., established in 1961, is headquartered in
Osaka, Japan and is listed in the Tokyo Securities Exchange First Section
(6839). Funai Corporation is the North American sales and marketing company
for consumer electronic products manufactured by Funai Electric under the
brand names of SYLVANIA, SYMPHONIC, FUNAI, and EMERSON. For more
information on the Funai group, please visit http://www.funaiworld.com.
    About Patriot Scientific
    Patriot Scientific is a leading intellectual property licensing company
that develops, markets and enables innovative technologies to address the
demands in fast-growing markets such as wireless devices, smart cards, home
appliances and gateways, set-top boxes, entertainment technology,
automotive telematics, biomedical devices and industrial controllers.
Headquartered in Carlsbad, Calif., information about the company can be
found at http://www.ptsc.com.
    Copies of Patriot Scientific press releases, current price quotes,
stock charts and other valuable information for investors may also be found
at http://www.hawkassociates.com and http://www.americanmicrocaps.com. An
investment profile on Patriot Scientific may be found at
http://www.hawkassociates.com/ptscprofile.aspx.
    About the Patent Portfolio
    The patent portfolio, marketed as the Moore Microprocessor Patent(TM)
Portfolio, is jointly owned by the publicly held Patriot Scientific
Corporation and the privately held TPL Group. The portfolio encompasses
seven U.S. patents as well as their European and Japanese counterparts
fundamental to the design of modern microprocessors, microcontrollers,
Digital Signal Processors (DSPs), embedded processors and System-on-Chip
(SoC) implementations.
    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 global coalition of high technology enterprises involved
in the development, management and commercialization of IP assets as well
as the design, manufacture and sales of proprietary products based on these
same 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 and Ignite are trademarks of
Patriot Scientific Corporation. All other trademarks belong to their
respective owners.
    CONTACTS:
    Patriot Investor Relations: Hawk Associates, Frank Hawkins or Ken
AuYeung (305) 451-1888 info@hawkassociates.com
    Patriot Media Relations: The Hoffman Agency, John Radewagen, (408) 975-
3005 jradewagen@hoffman.com
    Alliacense Media Relations: Tom Rigoli, Mindpik, (650) 969-5986
rigoli@mindpik.com