Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

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If we lose Acer/Barco/HTC

Patriot Scientific

over 13 years ago

I would appreciate your thoughts on what might happen should it be determined that Barco/Acer/HTC do not infringe on the MMP portfolio. Will that in effect mean that the true value of the portfolio will be diminished to the point where the following provision of the ComAg could be effected. Should we prevail, would that in and of itself mean that there has been no material reduction in the commercial value of the patents?

5.2 In the event that facts or events are discovered or occur which

materially reduce TPL's evaluation of the useful life or commercial value of the

MSD Patents, or the viability of the Project, TPL may reduce the term of this

Commercialization Agreement accordingly by providing P-Newco with ninety (90)

days written notice, provided that TPL shall not reduce the term of this

Commercialization Agreement to less than six (6) months.