Patriot Scientific Corporation (OTC Bulletin Board: PTSC) specializes in licensing innovative and proprietary technologies. The Company's intellectual property portfolio includes valuable patents that encompass fundamental microprocessor technology included in products manufactured and marketed by companies around the world. .
Joint Venture
The company's recent success is a result of a promising joint-venture formed in June, 2005, with the TPL Group. Alliacense, a TPL entity, manages the commercialization of this jointly-owned patent portfolio.
With Alliacense is effectively managing the licensing process, Patriot Scientific is enabled to focus on additional strategic initiatives to further maximize shareholder value. In the Spring of 2006, Patriot Scientific paid 2 cash dividends to shareholders within a period of some six weeks. Payment of future dividends may still be considered.
The Outlook for Patriot Scientific Corporation
Dramatic Shift from R&D to Licensing: Patriot Scientific Corporation is an exciting company that has experienced a dramatic transition as a result of the decision by its board of directors in June, 2005, to shift from primarily focusing on research, development and marketing of Patriot's own microchip to instead primarily focusing on deriving revenue from licensing other companies to use its patented microprocessor technology. At that time, Patriot Scientific entered into a joint venture with The TPL Group that unified their interests in a series of fundamental microprocessor patents that are at the heart of a global $200 billion-plus microprocessor end-use market. .
Patent Portfolio Being Licensed: Patriot's patent portfolio includes microprocessor technology breakthroughs which are believed to appear in virtually every microprocessor manufactured since 1995. Alliacense, a TPL entity, manages the commercialization of this jointly-owned patent portfolio, marketed as the MMP Patent Portfolio™.
The MMP patents are fundamental to:
–Consumer electronics
–Communications and surrounding infrastructure
–Medical equipment
–Automotive applications
–Military/aerospace
–Commercial digital systems
-DVD players
-Cell phones
Licensing Potential and Success: Over 300 companies already using microprocessor technology and products they make or market have been put on notice that they are likely candidates for licensing to use the technology covered by the MMP patent portfolio. As of October 1, 2006, 11 well-known electronics companies have purchased licenses, including such names as Intel, AMD, HP, Fujitsu, Casio, Sony, Seiko- Epson, Nikon, Pentax, Olympus, and Kenwood
Patriot Scientific and The TPL Group have unified their interests in a series of fundamental microprocessor patents that are at the heart of a global $200 billion-plus microprocessor end-use market. 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. Patriot is now actively focusing on other uses of its cash resources to create additional revenue streams, such as through acquisitions or joint ventures.