TEAC Corporation Purchases Moore Microprocessor Patent(TM) Portfolio License

BusinessWire

9:25 AM ET

Patriot Scientific Corporation (OTCBB:PTSC), announced today that TEAC Corporation has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio license from The TPL Group. Headquartered in Tokyo, TEAC is an innovator and worldwide leader in the development and manufacture of audio, video and data recording technologies.

"TEAC Corporation has always been known to produce the highest quality, most technologically advanced products available," said Rick Schuette, vice president, Intellectual Property for Alliacense. "This license agreement is a great validation of the role that MMP Portfolio technologies have played in advancing a broad range of successful companies who are leaders in their respective fields."

The sweeping scope of applications using MMP design techniques continues to encourage manufacturers of end-user products from around the globe to become MMP licensees. Since January 2006 more than twenty companies including Hewlett Packard, Sony, Casio, Fujitsu, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO and Denso Wave have all purchased MMP Portfolio licenses.

About TEAC Corporation

TEAC was originally founded as Tokyo Television Acoustic Company in August 1953 with a goal to be at the technological edge of data recording. Later, the company changed its name to Tokyo Electro Acoustic Company and then to TEAC. TEAC product lines include computer peripherals, professional and consumer audio products, video and image recording devices, medical and industrial technologies, measurement devices, and communication recorders. For more information, visit http://www.teac.co.jp/about/en/.