Patriot Scientific Corporation (OTCBB:PTSC) announced today that WMS Gaming Inc. has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license from The TPL Group, Patriot’s exclusive licensing partner. WMS utilizes industry-leading technologies to create innovative products and revolutionary new gaming experiences.
“We welcome WMS as our 27th licensee and the first in the gaming industry,” said Jim Turley, Patriot’s president and CEO. “The recent increase in licensing activity and this summer’s favorable court ruling on our patents are both strong signals that companies should think ahead and move quickly.”
The sweeping scope of electronics applications that use MMP design techniques continues to encourage manufacturers of end-user products from around the world to license the MMP technology. More than 25 global companies have purchased licenses including Intel, AMD, Hewlett Packard, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, Denso Wave, Philips, TEAC and Daewoo.
WMS is engaged in serving the gaming industry worldwide by designing, manufacturing, and marketing video and reel-spinning gaming machines and video lottery terminals. WMS also places gaming machines in legal gaming venues. WMS is headquartered in Waukegan, Illinois.
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.
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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 portfolio includes seven U.S. patents as well as their European and Japanese counterparts. The jointly owned patents protect fundamental technology used in the design of microprocessors, microcontrollers, digital signal processors (DSPs), embedded microprocessors, 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@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.