Patriot Scientific Reaffirms Engagement of Agility IP Law
PR Newswire
CARLSBAD, Calif., June 23, 2014
CARLSBAD, Calif., June 23, 2014 /PRNewswire/ -- Patriot Scientific Corporation
(OTCBB: PTSC) today announced that its joint-venture entity Phoenix Digital
Solutions (PDS) has reaffirmed representation by Agility IP Law, LLP in
pursuit of infringers of the Moore Microprocessor Patent (MMP) Portfolio™.
"I am extremely pleased that we have solidified our relationship with
Agility," stated Carlton Johnson, Patriot's representative to PDS. "Agility
was instrumental in our patent infringement win against HTC Corporation, and
we look forward to continuing that success against other infringers".
Proceedings in the U.S. District Court for the Northern District of California
alleging infringement of Patriot's '749, '890 and '336 patents against Barnes
& Noble Inc., Garmin Ltd., Huawei Technologies Co. Ltd., LG Electronics,
Nintendo Co. Ltd., Novatel Wireless Inc., Samsung Electronics Co. Ltd., and
ZTE Corporation had previously been stayed. Patriot now expects to move
forward aggressively with these actions.
"We are excited to continue enforcing the MMP Portfolio," stated Jim Otteson,
Founding Partner of Agility. "We strongly believe that the MMP Portfolio is
fundamental to modern microprocessor design, as demonstrated by our jury trial
victory against HTC Corporation. The HTC win laid the groundwork, which we
plan to leverage against current and, if necessary, future defendants."
In October, Patriot announced that it had won its patent infringement lawsuit
against HTC Corporation in the U.S. District Court for the Northern District
of California. HTC was found to infringe multiple claims of Patriot's '336
patent. The '336 patent is one of several patents that are part of a larger
portfolio held by Patriot, known as the MMP Portfolio.
About Patriot Scientific Corporation
Headquartered in Carlsbad, California, Patriot Scientific Corporation is the
co-owner of the MMP Portfolio. For more information on PTSC, visit
www.ptsc.com.
About the MMP Portfolio™
The MMP Portfolio includes U.S. patents as well as their European and Japanese
counterparts, which cover techniques that enable higher performance and lower
cost designs essential to consumer and commercial digital systems ranging from
PCs, cell phones and portable music players to communications infrastructure,
medical equipment and automobiles.
About Agility IP Law, LLP
Based in Menlo Park, California, Agility's attorneys specialize in
intellectual property litigation, and have tried patent infringement and other
IP enforcement actions in a broad range of industries, including
semiconductors, software, consumer electronics, medical devices,
telecommunications, nutritional supplements and footwear, to name a few.
Agility represents IP owners, as well as those accused of infringement.
Agility's expertise facilitates efficient and effective case management from
pre-filing analysis through trial and appeal. Agility's trial attorneys are
experts at distilling complex technical concepts for judges and juries. In
addition to Agility's substantial trial experience in U.S. district courts and
the U.S. International Trade Commission, the Agility team is well-versed in
the many forms of alternative dispute resolution, including the mediation and
arbitration of intellectual property disputes. For more information, visit
Agility's website at www.agilityiplaw.com.
Safe Harbor Statement: Statements herein which are not purely historical,
including statements regarding Patriot Scientific Corporation's intentions,
hopes, beliefs, expectations, representations, projections, plans or
predictions of the future are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The forward-looking
statements involve risks and uncertainties including, but not limited to, the
risk that the recently filed actions and litigation strategy may not be
successful and the risks and uncertainties relating to the future of our MMP
joint-venture. It is important to note that the company's actual results
could differ materially from those in any such forward-looking statements.
Factors that could cause actual results to differ materially include, but are
not limited to, risks and uncertainties 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, and seasonality. Our business could be affected by a
number of other factors, including the risk factors listed from time to time
in the company's SEC reports including, but not limited to, the annual report
on Form 10-K for the year ended May 31, 2013 and the quarterly report on Form
10-Q for the period ended February 28, 2014. The company cautions investors
not to place undue reliance on the forward-looking statements contained
herein. Patriot Scientific Corporation disclaims any obligation, and does not
undertake to update or revise any forward-looking statements made herein.
Contact:
Patriot Investor Relations
ir@ptsc.com
760-547-2700 x-102
SOURCE Patriot Scientific Corporation
Website: http://www.ptsc.com
Website: http:/www.agilityiplaw.com
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