PATRIOT SCIENTIFIC CORPORATION ANNOUNCES BARONI MANAGEMENT COMPANY ENGAGED FOR STRATEGIC ASSESSMENT

July 10, 2009 -- CARLSBAD, Calif.-- Patriot Scientific Corporation (OTC BB:PTSC) announced today that Baroni Management Company LLC of Potomac, Maryland has been retained by the Audit Committee of Patriot’s Board of Directors to prepare a strategic assessment of the operations of Patriot’s wholly owned subsidiary Patriot Data Solutions Group, Inc. (“PDSG”).

posted on Jan 31, 10 07:27PM (agoracom) from Gloria’s e-mail

Debbie, the Crosslet (PDSG) technology is strong. The product is good, the business strategy by our former management was not. We are giving ourselves 120 days to try to find a partner who has the name recognition for this software that Patriot/PDSG lacks. Baron is providing his assistance to us and will be consulting and leading the way for partnering. If we see no progress or evidence of success at approaching 120 days, we will most likely sell PDSG. Oftentimes, when you're looking for partners, you end with a buyer. That is certainly something we will consider.

If all we get left with is the MMP, we will cut overhead by 80%, reduce the number of board members to a bare minimum and enlist a strategy of stock buyback's and dividends.

2010-04-09

Patriot Scientific Corporation Releases Third Fiscal Quarter Report; Company Addresses Significant Events

The Company is continuing to undergo a review of the PDSG subsidiary and hired Attain, LLC (formerly Eclat Consulting, LLC) to provide comprehensive business services. Most recently, these services have focused on expanding the reach of PDSG through identification and development of strategic partnerships capable of providing access to new customer opportunities. This initiative has opened a broader market for PDSG within Federal, State and Local Government.