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Message: Patents expire 2015

I stand corrected on an earlier post where I stated that I believed the patents expired in 2013. It looks like that date is 2015. Also, Wallin stated below, engaging TPL for licensing would free PTSC to focus on other innovations in our pipeline.Since we no longer have anything to speak of in the pipeline, perhaps our focus should be on licensing activities, if we can prove breach of contract.

Both The TPL Group and Patriot Scientific believe these now-unified

patents, which were granted in 1998 and which don't expire until 2015, have

long been essential to the design of modern high-speed microprocessors.These

now-allied firms are now in position to maximize the value of this patent

portfolio. Global sales by potential licensees of products applying

technologies protected by the jointly owned patents are estimated to be

greater than $200 billion annually.

As an active intellectual property company specializing in microprocessor

technology, Patriot Scientific retains rights to make and market array

microprocessor products and technologies under its current IGNITE(TM) and

INFLAME(TM) brands, as well as a range of other products and technologies not

utilizing the patents covered by this new agreement.

"This accord represents an important milestone for our company," said Jeff

Wallin, president and CEO of Patriot Scientific. "This agreement replaces

costly ongoing litigation with a win-win scenario that supports our efforts to

license and protect our company's intellectual property on a broader scale.

The TPL Group is well-positioned to aggressively license these core technology

patents, freeing Patriot Scientific to focus on our equally innovative IGNITE

and INFLAME array microprocessor core technologies, as well as other

innovations currently in our development pipeline."

TPL Group Chairman Dan Leckrone, reaffirmed his company's longstanding

philosophy to encourage cooperation instead of litigation."Since TPL began

managing intellectual property more than 15 years ago, our business strategy

has always been driven by relationship building and constructive cooperation.

Our agreement with Patriot Scientific is a good example of this strategy at

work."

http://www.prnewswire.com/news-releases/patriot-scientific-and-tpl-group-unify-portfolio-of-fundamental-microprocessor-patents-54536742.html

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