Palace Entertainment Purchases MMP Portfolio™ License
PR Newswire
CARLSBAD, Calif., Sept. 11, 2014
CARLSBAD, Calif., Sept. 11, 2014 /PRNewswire/ -- Patriot Scientific
Corporation (OTCBB: PTSC) announced today that Palace Entertainment has
purchased an MMP Portfolio™ license.
Palace Entertainment is an industry leader in providing amusement and
entertainment in the USA. Palace Entertainment joins a roster of more than 100
MMP licensees from a variety of industries, including some of the world's
largest electronics companies such as Hewlett-Packard, Sony, Nokia, General
Electric, ASUStek, Amazon, and Philips.
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.
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, 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
-0- Sep/11/2014 12:30 GMT
