Business Summary
Patriot Scientific Corporation (PTSC) is an intellectual-property licensing company covering the design of microprocessor chips and it also provides data sharing and secure data solutions. Chips with the Company’s technology are used throughout the world in products ranging from computers and cameras to printers, automobiles and industrial devices. Patriot Data Solutions Group, Inc. formerly known as Crossflo Systems, Inc. (PDSG) its wholly owned subsidiary engaged in data-sharing services and products primarily in the public safety/government sector. PDSG is a segment of the Company’s business. During the fiscal year ended May 31, 2010 (fiscal 2010), the Company sold its 39.4% interest in Talis Data Systems, LLC. During March 2010, Avot Media, Inc., the Company’s subsidiary, sold substantially all of its assets. On August 1, 2010, the Company sold the Vigilys technology. |
(Source: 10-K) |
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