28.02.2008 21:00:00

Citizen Becomes Newest Microprocessor Patent Licensee

Patriot Scientific (OTCBB:PTSC) announced today that Citizen Holdings Co., Ltd. has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license from The TPL Group, Patriot Scientific’s exclusive commercialization partner. With its headquarters in Saitama, Japan, Citizen manufactures and sells a broad range of industry-leading products including watches and industrial machinery, as well as information and electronic equipment. "Citizen is our third MMP Portfolio licensee in just the past week, and we are excited by the momentum,” said Joe Minville, vice president of licensing for Alliacense. "Through this agreement Citizen has resolved a significant financial exposure as well as removed the possibility of supply chain disruptions for itself and its customers.” "I’m pleased to welcome another well-known consumer and industrial company to the ranks of MMP licensees,” said Jim Turley, Patriot Scientific’s president and CEO. "It underscores the valuable and broadly useful nature of our microprocessor technology.” 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. More than 40 global companies from the U.S., Europe, Japan, Korea and Taiwan have licensed the MMP Portfolio technologies. 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 Citizen Holdings Co., Ltd. Citizen Holdings Co., Ltd., formerly Citizen Watch Co., Ltd., is a Japan-based company that manufactures and sells a variety of products across several business segments. Citizen’s Watch products include analog and digital watches, wristwatch interior and exterior components, and clocks. The company’s Electronic Device business unit provides liquid crystal display (LCD) devices, electronic viewfinders and other products. Products from the Electronic Machinery business unit include printers, electronic thermometers, and calculators. The Industrial Machinery segment provides automatic lathes, robots, machine tools, and measuring equipment. For more information, visit http://www.citizen.co.jp/english/. 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 these 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. 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. Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC is a trademark of Patriot Scientific Corporation. All other trademarks belong to their respective owners.

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