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Updated: July 8th, 2008 05:26 PM CDT

Patriot Scientific Gaining Momentum as Olympus Signs Eighth Licensing Deal in Eight Months

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via PRNewswire

CARLSBAD, Calif., Sept. 5 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) confirmed today that Olympus Corporation has purchased a license to use the Moore Microprocessor Patent(TM)(MMP) Portfolio. Seven other major system manufacturers have purchased MMPlicenses this year, including Casio, Fujitsu, HP, Seiko Epson, Sony, Nikon andPentax. In addition, AMD and Intel are also licensees.

Olympus Corporation is a precision technology leader, designing and delivering innovative solutions in healthcare and consumer electronics worldwide. Olympus works collaboratively with its customers to leverage R&Dinvestment in precision technology and manufacturing processes across diverse business lines. These include: gastrointestinal endoscopes, accessories and minimally invasive surgical products; advanced clinical and research microscopes; lab automation systems, chemistry-immuno and blood analyzers and reagents; and digital and film cameras, plus digital voice recorders.

Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages. The MMP Portfolio patents, filed in the 1980s, cover techniques that have becomeessential to consumer and commercial digital systems ranging from DVD players,cell phones and portable music players, to communications infrastructure, medical equipment and automobiles.

"The addition of Olympus marks our eighth MMP licensing agreement this year," said David Pohl , Patriot Scientific chairman and CEO. "With five license agreements signed in the past three months, our MMP licensing program continues to gain considerable momentum, and we have only scratched thesurface of the opportunities available with hundreds of licensing candidates."

Patriot Scientific also announced today that board of directors member Jim Turley will be devoting increased attention to technology matters for the company. Turley, formerly editor-in-chief of Embedded Systems Design and currently the editor of Silicon Insider, is the author of seven books and hasbeen editor of the prestigious industry journal Microprocessor Report, where he was three-time winner of the Computer Press Award. He is a frequent speakerat industry events and is often quoted in The Wall Street Journal, The New York Times and the San Jose Mercury News.

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