Patriot Scientific Corporation (OTCBB:PTSC), announced today that Daewoo Electronics Corporation has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license from The TPL Group. Daewoo Electronics, the first Korean licensee to purchase an MMP license, has operations in more than 40 countries, with regional headquarters in the U.S., Europe, Central America and the Middle East. Daewoo Electronics is the 26th licensee to date.
“Daewoo will benefit significantly by their decisive action to purchase an MMP License,” said Carl Silverman, vice president, Licensing for Alliacense. “Daewoo joins a long and growing list of forward-thinking companies who have been agile enough to secure a significant jump on their competition.”
While the MMP Portfolio Licensing Program has been in place for over two years, 30% of the license purchases have followed the favorable “Markman” ruling issued earlier this summer, confirming the strength of the MMP Portfolio, and enhancing the momentum of the Licensing Program.
The sweeping scope of applications using MMP design techniques continues to encourage manufacturers of end-user products from around the globe to become MMP licensees. Since January 2006 more than twenty companies have purchased MMP Portfolio licenses; they include: Hewlett Packard, Sony, Casio, Fujitsu, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, DMP Electronics, Denso Wave, Philips, TEAC and Daewoo Electronics.
About Daewoo Electronics
Daewoo Electronics Corporation is an industry leading manufacturer of high-quality, cutting-edge consumer electronics. The company is one of South Korea's largest manufacturers and exporters of Tvs (digital, high-definition), DVD players and recorders, VCRs and portable video recorders. Daewoo also makes a line of home appliances (microwave ovens, refrigerators and air conditioners). Daewoo Electronics has operations in more than 40 countries, with five factories in Korea, as well as research institutes in the U.S., Korea and France.
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for Patriot Scientific, sign up at http://www.hawkassociates.com/email.aspx.
About the MMP Portfolio
The Moore Microprocessor Patent (MMP) Portfolio contains intellectual property that is jointly owned by the privately held TPL Group and publicly held Patriot Scientific Corporation (OTCBB:PTSC). The portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is becoming widely recognized that the jointly-owned patents protect fundamental technology used in designing microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. The MMP portfolio is exclusively managed by Alliacense, a TPL Group Enterprise. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: email@example.com.
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) 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 IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit http://www.alliacense.com.