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Patriot Scientific Corporation (PTSC) gains market acceptance
According to the Semiconductor Industry Association (SIA), the global semiconductor industry generated $255.6 billion in sales for 2007. Revenues were up 3.2% from $247.7 billion in 2006. A stronger growth is projected for 2008. Thus, based on the key demand drivers, SIA expects a growth rate of 7.7% for the industry. Some analysts predict that the worldwide semiconductor industry would see growth in the 6-11% range.
The microprocessor market was $30.5 billion in 2004, with computer systems making up about 90 percent of the total market for the devices, in a segment dominated by Intel with AMD holding onto a growing share. This market is estimated at $42.6 billion in 2007 and is projected to grow by 8.3% to $46.1 billion in 2008.
Patriot Scientific Corporation (OTCBB: PTSC) is an intellectual-property licensing company, engaged in the design, development, and sale of technologies for microprocessor chips in the United States. The Company's intellectual property portfolio includes valuable patents that encompass fundamental microprocessor technology included in products manufactured and marketed by companies around the world. Some of the Company`s applications that are dependent upon the patented microprocessor technology include wireless devices, smart cards, consumer electronics, medical equipment, communications and surrounding infrastructure, automotive/military/aerospace applications, DVD players, cell phones and commercial digital systems.
In June 2005 the Company established a partnership with TPL Group. The joint venture created a patent portfolio - Moore Microprocessor Patent (MMP) - that encompasses fundamental microprocessor design technology. The portfolio includes seven U.S. Patents as well as their European and Japanese counterparts. PTSC`s patent portfolio includes microprocessor technology innovations which appear in virtually every microprocessor manufactured since 1995. PTSC/TPL, through November 30, 2007, granted licenses for the portfolio of microprocessor patents to over 30 major microprocessor manufacturers from the U.S., Europe, Japan, Korea and Taiwan, either directly or through the partnership with TPL. The MMP portfolio has been successfully licensed to companies such as Intel, AMD, HP, Casio, and Fujitsu as well as Sony, Seiko-Epson, Nikon, Pentex, Olympus and Kenwood, generating about $100 million in revenues for the Company.
The list of MMP licensees is rapidly growing. The DIRECTV Group (DTV) is the fifth and the most recent company that purchased a MMP Portfolio license from the beginning of year 2008. DTV provides digital television entertainment services in the United States and Latin America. The Company operates in the United States, Brazil, Mexico and other countries in Latin America serving more than 21 million customers. The combined revenue (ttm) for DTV was approximately $16.6 billion.
With over 500 companies manufacturing products that correspond to PTSC/TPL intellectual property, the global sales by potential licensees of products applying technologies protected by the MMP are estimated to be greater than $200 billion annually.
About Patriot Scientific
Patriot Scientific is an 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. The Company was founded in 1987 and is based in Carlsbad, California. Information about the Company can be found at www.ptsc.com.
Patriot Scientific Corporation (PTSC) gains market acceptance
According to the Semiconductor Industry Association (SIA), the global semiconductor industry generated $255.6 billion in sales for 2007. Revenues were up 3.2% from $247.7 billion in 2006. A stronger growth is projected for 2008. Thus, based on the key demand drivers, SIA expects a growth rate of 7.7% for the industry. Some analysts predict that the worldwide semiconductor industry would see growth in the 6-11% range.
The microprocessor market was $30.5 billion in 2004, with computer systems making up about 90 percent of the total market for the devices, in a segment dominated by Intel with AMD holding onto a growing share. This market is estimated at $42.6 billion in 2007 and is projected to grow by 8.3% to $46.1 billion in 2008.
Patriot Scientific Corporation (OTCBB: PTSC) is an intellectual-property licensing company, engaged in the design, development, and sale of technologies for microprocessor chips in the United States. The Company's intellectual property portfolio includes valuable patents that encompass fundamental microprocessor technology included in products manufactured and marketed by companies around the world. Some of the Company`s applications that are dependent upon the patented microprocessor technology include wireless devices, smart cards, consumer electronics, medical equipment, communications and surrounding infrastructure, automotive/military/aerospace applications, DVD players, cell phones and commercial digital systems.
In June 2005 the Company established a partnership with TPL Group. The joint venture created a patent portfolio - Moore Microprocessor Patent (MMP) - that encompasses fundamental microprocessor design technology. The portfolio includes seven U.S. Patents as well as their European and Japanese counterparts. PTSC`s patent portfolio includes microprocessor technology innovations which appear in virtually every microprocessor manufactured since 1995. PTSC/TPL, through November 30, 2007, granted licenses for the portfolio of microprocessor patents to over 30 major microprocessor manufacturers from the U.S., Europe, Japan, Korea and Taiwan, either directly or through the partnership with TPL. The MMP portfolio has been successfully licensed to companies such as Intel, AMD, HP, Casio, and Fujitsu as well as Sony, Seiko-Epson, Nikon, Pentex, Olympus and Kenwood, generating about $100 million in revenues for the Company.
The list of MMP licensees is rapidly growing. The DIRECTV Group (DTV) is the fifth and the most recent company that purchased a MMP Portfolio license from the beginning of year 2008. DTV provides digital television entertainment services in the United States and Latin America. The Company operates in the United States, Brazil, Mexico and other countries in Latin America serving more than 21 million customers. The combined revenue (ttm) for DTV was approximately $16.6 billion.
With over 500 companies manufacturing products that correspond to PTSC/TPL intellectual property, the global sales by potential licensees of products applying technologies protected by the MMP are estimated to be greater than $200 billion annually.
About Patriot Scientific
Patriot Scientific is an 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. The Company was founded in 1987 and is based in Carlsbad, California. Information about the Company can be found at www.ptsc.com.