Question to the longs -
posted on
Dec 19, 2007 04:24PM
I've been around a while but never delved into this 05 agreement; is we/is we not 50% owner of Alliacense's endevors. after all it is 'Unified' - if not, why? btw they have the Toshiba/Mat PR displayed proudly.
Patriot Scientific (OTC Bulletin Board: PTSC) and The TPL Group have unified their interests in a portfolio of ten fundamental microprocessor patents that are at the heart of a global $200 billion-plus microprocessor end-use market. The unification was achieved through a joint venture established via agreements entered into between Patriot Scientific and TPL in June 2005. Patriot and TPL each own 50% of the joint venture and share in the proceeds of licensing activities as distributed by the joint venture pursuant to the agreements. Alliacense, a TPL Group entity, is responsible for the commercialization and licensing of the unified patent portfolio.
Founded in 1988, Silicon Valley based TPL Group has a solid track record in delivering a complete suite of intellectual property management services. In addition to optimizing IP Portfolio value and protecting assets from infringement, the company is also well versed in converting portfolio value into a maximum cash return for its owner(s). Through Alliacense, the TPL Group manages IP Licensing Programs across a broad array of industries.
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of intellectual property 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 intellectual property portfolios.
The patent portfolio, marketed as the Moore Microprocessor Patent Portfolio, contains intellectual property that 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. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. Patriot Scientific and TPL believe at least three of the ten patents are elemental to virtually every microprocessor design. The three most significant of these patents are as follows: