Patriot Scientific Announces Moore Microprocessor Patent
Posted: Tue Apr 21, 2009 8:43 am
Patriot Scientific Corporation Announces Varian Medical Systems Purchase of a Moore Microprocessor Patent™ (MMP) Portfolio License
CARLSBAD, Calif. --(Business Wire)-- Apr 20, 2009 Patriot Scientific Corporation (OTCBB: PTSC) announced today that Varian Medical Systems (NYSE: VAR) has purchased a Moore Microprocessor Patent™ Portfolio license from The TPL Group, Patriot Scientific’s exclusive MMP™ Portfolio licensing partner. Varian Medical Systems manufactures medical devices and software for treating cancer with radiation therapy.
“We are pleased to see Varian Medical Systems join the growing list of worldwide MMP licensees,” said Rick Goerner, Patriot Scientific President and CEO.
The sweeping scope of applications using MMP Portfolio design techniques continues to encourage the world’s leading manufacturers of end-user products from around the globe to become MMP Portfolio licensees. Over 50 global companies from the US, Europe, Japan, Korea and Taiwan have licensed the MMP Portfolio technologies.
The MMP Portfolio patents cover techniques that enable higher performance and lower cost designs, and are fundamental to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players to communications infrastructure, medical equipment -- and automobiles which today have dozens of microprocessor-based key features and benefits.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (OTCBB: PTSC). The MMP Portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is widely recognized that the MMP Portfolio protects fundamental technology used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: [email protected].
About Patriot Scientific
Headquartered in Carlsbad, California, Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world. Patriot Scientific has recently embarked on an aggressive business expansion initiative complementing its recent acquisition of data sharing software provider, Crossflo Systems Inc. Patriot is evaluating full M&A and minority investments in early-stage technology companies in the data sharing software and secure networking technology sectors. These investments are funded with revenues generated, in a large part, from the continuing successful Moore Microprocessor Patent™ Portfolio licensing partnership with The TPL Group. Patriot Scientific’s integrated core intelligence solution addresses the critical data/information sharing needs of the healthcare industry, the Department of Homeland Security, the Department of Justice, and federal, state, and local public safety and law enforcement agencies. For more information on Patriot Scientific Corporation, visit: www.ptsc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.