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posted on Dec 12, 2009 08:14PM

Here are some older press releases that might be of interest

2006-02-21

Technology Authority Jim Turley Joins Board of Patriot Scientific

More than 150 of these companies have been put on notice of likely patent infringement. These include practically every high-tech consumer electronics manufacturer and systems integrator in the global marketplace.

2006-09-20

Letter from David Pohl, Chairman and CEO of Patriot Corporation

The licensing successes to date triggered the need to comply with various confidentiality agreements that now apply to Patriot. This prevents us from announcing the dollar amounts of revenues related to individual license agreements except to report revenues in our quarterly financial statements filed with the SEC. As a general rule, our portfolio license fees - whether or not discounted as a result of negotiation strategy - are related to the relevant revenues generated for a licensee by products associated with the licensed technology, rather than the overall size and revenue of the company purchasing a license

2007-1-18

Patriot Scientific Reports Fiscal Q2 Results

"We are delighted that the strength of our patent portfolio continues to be validated by the 12 licenses that have been signed thus far with major electronics companies, 10 of them during calendar year 2006," said Pohl. "Our outlook remains positive for continued revenue based on further progress in licensing more of over 400 companies worldwide that have been notified they are candidates."

2007-6-04

Patriot Scientific Names Jim Turley as President and CEO

“My plan is to convert our technology and equity into a sustainable product line that will grow over time. Through a combination of in-house efforts and strategic acquisition, I expect to pursue exciting market opportunities in consumer, automotive, and industrial sectors. There are exciting days ahead for our customers and shareholders," concludedTurley

Chairman's Notes of 2007 Annual Meeting of Shareholders

Addressing the topic of compensation for members of the Board of Directors, Pohl pointed out that the company has a very active board. This is partly due to the fact that the company has maintained a lean office staff while handling with the many challenges that have been successfully dealt with since June of 2005. He cited a few representative examples: 1) Gloria Felcyn as chairman of the Audit Committee working tirelessly with the financial team in successfully dealing with challenges provided by the financial restatements during 2006 and to the; and 2) Carl Johnson serving on several committees and continuously acting as liaison with attorneys representing the company in litigation matters plus serving as co-representative of the company along with David Pohl on the management board of Phoenix Digital Solutions. Mr. Johnson's latter capacity was never intended to be secret, and any disclosure deemed untimely was unintentional and inadvertent.

Jim Turley has provided expertise as chairman of the technology committee of the board to help evaluate various opportunities, and Helmut Falk is an active member of the compensation committee and the executive committee. Recently the board members have also attended to matters involved with costly and time-consuming activity to assure compliance with the various requirements of the Sorbanes-Oxley legislation, including the accelerated filing status of the company and assuring that the company meets prescribed standards for appropriate internal controls

Swartz Remarks. Eric Swartz arrived from Atlanta to accept an invitation to speak at the meeting. He is one of two principals in the financial group that began providing funding for Patriot Scientific in 1997 and continued to do so until the last convertible debentures were retired in 2006. They are the largest shareholder in the company, and he firmly stated that they have never shorted any shares or warrants of the company although they have the right to make investment decisions and sell shares like any other shareholder. Swartz was complimentary of the accomplishments of the Patriot directors and management in the turnaround of the company accomplished since 2005

Licensing. Mac Leckrone, president of Alliacense, was the next speaker. Alliacense is the licensing entity of the TPL group that manages the MMP patent portfolio that is jointly owned by Patriot Scientific and in The TPL Group. His highly informative presentation started with an explanation of his organization and how it conducts its business. He described the process of acquiring various products that utilize microprocessors and then taking them apart to identify components likely to be infringing on the MMP portfolio. His slides showed examples of cameras, an amusing shot of a popular toy "undressed" to show the technology inside, ATM machines, and point-of-sale machines among others that are part of some 200 various products that are analyzed each month. He stated that his group has already met with several automobile firms and suppliers, with that industry being a major focus this year.

A significant part of the Alliacense informative slide presentation involved the revelation by Mac Leckrone that approximately 485 companies have been put on written notice that they are likely infringing on one or more patents in the MMP portfolio. Over 300 of those companies have revenues exceeding $1 billion per year, and over 220 of the companies put on notice have responded. Alliacense conducted 265 customer meetings starting in January of 2006 through the time of this presentation. They met with 81 companies, which resulted in 16 licenses being signed in the 22 industry sector licensing categories as of the time of this presentation. The presentation was very well received.

2007-8-15

Patriot Scientific Reports Fiscal 2007 Net Income of $23.7 million, or $0.06 Diluted EPS

2007-7-24

Patriot Scientific to Buy Back Outstanding Warrants

CARLSBAD, Calif. – July 24, 2007 – Patriot Scientific (OTCBB: PTSC) today announced an agreement to repurchase all outstanding warrants for its common stock held by Lincoln Ventures, LLC. Lincoln Ventures and its affiliate Swartz Private Equity have been involved in several rounds of Patriot Scientific's funding since 1997. The agreement will retire all remaining warrants held by Lincoln and Swartz.

Patriot Scientific CEO Jim Turley said, "We plan to repurchase and retire these warrants in installments between now and October. At the conclusion of this transaction, we will have removed this significant overhang in our stock and substantially strengthened our financial position."

2007-9-05

Letter to Shareholders from Patriot Scientific CEO, Jim Turley

You may be getting a tax refund. As you know, we paid two dividends during calendar year 2006, and you will have received a Form 1099 that declared those dividends as taxable income. They actually weren’t taxable, and we sent out corrected 1099s, but some of you didn’t receive them. We’ve sent out the corrected form yet again, but just in case you still don’t receive it we’ve posted more information here

http://www.ptsc.com/pdf/PTSC_SHLetter_taxtreatment.pdf

2007-11-02

Letter to Shareholders from Patriot Scientific CEO, Jim Turley

· A quick note regarding the timing of the shareholders' meeting: It's been only six months since the last "annual" meeting but that's because we've been off-schedule for the past few years. October is the more traditional time for a company on our fiscal calendar as it falls shortly after the close of the fiscal year. I anticipate that our annual meetings will be held in the fall from now on.

· Cohen Independent Research has initiated coverage of Patriot Scientific. The Cohen report is impressively researched - it's 140 pages long - and we're pleased to say that their initial recommendation is Strong Buy. Cohen agrees that our intellectual-property holdings are valuable and have a large potential market.

· Our coverage in the business press is also growing. In the past few weeks Patriot Scientific has been featured in Electronic Business (twice), the San Diego Business Journal, the Wall Street Transcript, and WallSt.net (twice). An article in Industry Week is due out soon.

· Patriot Scientific was named to the "Fast 500" list of fastest-growing technology companies in America. We ranked #63 nationwide (beating out companies like Google, TiVo, and Salesforce.com) and #4 in the San Diego area. It's yet one more acknowledgement of Patriot's rapid growth and potential.

2007-10-11

Patriot Scientific Reports Q1 FY '08 Results

Purchased 5M Common Shares; All Warrants held by Lincoln Retired

At August 31 Patriot had $22.3 million in current assets inclusive of $20.4 million in cash and liquid investments. Current liabilities of $8.6 million include $7.7 million in income taxes payable that are expected to be remitted over the remainder of the fiscal year. The company has no long-term debt. During the quarter the company repurchased approximately 5 million shares of outstanding common stock and retired warrants representing another 2 million shares for a total of $3.6 million. During September and October the company repurchased the remaining 5 million warrants, thus retiring all remaining warrants held by Lincoln

2007-12-18

TPL and NEC Electronics America Resolve Their Dispute Over the Moore Microprocessor Patent™ Portfolio

CUPERTINO, Calif.--(BUSINESS WIRE)--The TPL Group and Patriot Scientific Corporation announced today that they have entered into a business resolution of their legal disputes with NEC Electronics America in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to NEC Electronics Corporation and its subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits

2007-12-18

Note Regarding Settlement from CEO Jim Turley

Shareholders are advised that the following is the only information that will be provided by Patriot Scientific Corporation regarding the resolution of the Texas (and California) litigation that had been pending regarding the MMP portfolio patents subject to the dispute:

Patriot Scientific Corporation, its directors, officers and employees are obligated to observe the confidentiality provisions of the settlements and will limit any comments or statements solely to references to the wording of the joint press release or statements that matters between the parties to the litigation have been settled.

This settlement occurred during Patriot's current financial quarter, which ends February 28, 2008, and for which financial reports will be due for filing with the SEC by the second week of April, 2008. Information applicable to this settlement will be included in those reports to the extent required of the company, yet consistent with the confidentiality restrictions imposed by the settlement pursuant to guidance from Patriot's professional legal and accounting advisors.

2007-12-18

TPL, Toshiba, Matsushita (Panasonic), and JVC Resolve Their Dispute Over the Moore Microprocessor Patent™ Portfolio

CUPERTINO, Calif.--(BUSINESS WIRE)--The TPL Group, Patriot Scientific Corporation, Toshiba, Matsushita (Panasonic) and JVC announced today that they have entered into a business resolution of their legal disputes in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to Toshiba, Matsushita and JVC and their respective subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits.

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