Patriot Scientific's Profile
Scientific Innovation Serving the World
Patriot Scientific (OTC Bulletin Board: PTSC) is an Intellectual Property (IP) licensing company that develops, markets and enables innovative proprietary technologies. The core of Patriot Scientific's IP is covered by its patent portfolio that encompasses fundamental microprocessor design technology for applications such as: wireless devices, smart cards, home appliances and gateways set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers, aviation applications, and more.
Mission
Patriot Scientific's mission is to serve the world through scientific innovation. Patriot Scientific will apply its resources with focused agility and insightful due-diligence - using those resources to invest in discovering and licensing innovative technologies and solutions that create sustainable value to our investors.
Patriot Scientific and The TPL Group have unified their interests in a series of fundamental microprocessor-related patents that are at the heart of a global $200+ billion microprocessor end-use market. TPL Group is responsible for the commercialization and licensing of the unified patent portfolio.
As of Sep. 2008 PTSC & TPL have licensed approximately 50 of the worlds largest companies and accrued hundreds of millions of dollars; and as stated it's using those resources to invest in discovering and licensing innovative technologies and solutions that create sustainable value to our investors. See 'Link Library' on our Agora PTSC board and visit TPL.
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Management & Directors
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Cliff Flowers
Interim CEO, CFO & DirectorCliff Flowers, Interim Chief Executive Officer and Chief Financial Officer, joined Patriot in September 2007 and is responsible for the day-to-day accounting and finance activities, planning, treasury, legal and general services for the company. Most recently, Cliff was Interim CFO for BakBone Software Inc., a developer of software solutions focused on data protection and business continuity. Prior to joining BakBone, Cliff served as senior vice president of finance and operations and CFO for Financial Profiles, Inc., a developer of software for the financial planning industry. Prior to joining Financial Profiles, Cliff served as CFO of Xifin, Inc., a provider of hosted software services to the commercial laboratory marketplace. Before coming to Xifin, Cliff served for nine years in positions of increasing responsibility at Previo, Inc., a developer and marketer of various PC and server-based products, including backup and business continuity offerings. As CFO of Previo, Cliff's global responsibilities included all financial operations and legal affairs. He earlier served as an audit manager with Price Waterhouse, LLP. Cliff is a graduate of San Diego State University with a B.S. summa cum laude in Business Administration with an emphasis in accounting and holds a CPA license in California.
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Carlton M Johnson
DirectorCarlton M. Johnson has served as a Director of since 2001, and is the Chairman of the Executive Committee of the Board. Mr. Johnson currently serves as legal counsel for Roswell Capital Partners, LLC and has served as legal counsel for Equiplace Securities, LLC (formerly $wartz Investments, LLC) since 1996. Mr. Johnson is an active member of the Alabama State Bar, the Florida Bar and the State Bar of Georgia. He has been a member of the Florida law firm of Smith, Sauer, DeMaria & Johnson and Vice President and President-Elect of the 600 member Escambia-Santa Rosa Bar Association. Mr. Johnson earned his degree with high honors in History/Political Science at Auburn University and his JD degree, also with high honors, at Samford University - Cumberland School of Law. Mr. Johnson also serves on the board of Peregrine Pharmaceuticals, Inc., a publicly traded company.
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Gloria Felcyn
DirectorGloria Felcyn was first appointed a Director in 2002 and is the Chair of the Audit Committee of the Board of Directors. Ms. Felcyn is a Certified Public Accountant and has been the principal in her own public accounting firm in Saratoga, California, since 1982. Prior to establishing her own firm, she was employed by Main Hurdman & Cranston 1969 through 1970 and at Price Waterhouse & Co, in the San Francisco and New York offices from 1970 through 1976. Subsequent to that, Ms. felcyn worked in the field of offshore tax planning with a major real estate syndication company. Ms. Felcyn received a B.S. degree in Business Economics from Trinity University in 1968 and is a member of the American Institute of CPA's.
Broker Fact Sheet
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PTSC Broker Fact Sheet
Thu Mar 29, 2019Fact sheet details
Company Links
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Thu Sep 18 2014, 03:51PM
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Thu Oct 03 2013, 03:37PMThe '336 patent was vindicated in the ND of California Federal Court.. as HTC was unanimously found to infringe PTSC's patent. Now back to the International Trade Commission to reverse their findings and reapply for Injunctions against those importing infringing products.
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Fri Dec 14 2012, 10:13AMIt is believed that this along with the First CC Order now compile the Final Claim Construction.
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Wed Mar 14 2012, 09:24PMTucci's comprehensive DD Page Over 450 additional Infringers are on notice
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Wed Mar 14 2012, 09:18PMLambert's comprehensive list of MMP licensees and dollar amounts each paid.. including those rumored to have licensed with NDAs
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Fri Feb 13 2015, 02:24AMJudge Paul S. Grewal
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Thu Apr 11 2013, 02:54PMSchedule for upcoming International Trade Commission litigation.. with props to Laurie & Kiddtrader
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Tue Jun 19 2012, 12:59AMMarkman Ruling by Judge Ware vs Barco, Acer & HTC
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Wed Oct 06 2010, 02:34PMRenowned Silicon Valley technologist alleges fraud, breach of fiduciary duty and breach of contract against TPL, Alliacense and their officers. Motion for preliminary injunction set for November 2, 2010.
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Tue Jul 27 2010, 06:52PMHere's the latest tally for those keeping score at home. Implies around $315M in MMP revs to date. via lambertslunatics.
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Tue Jul 27 2010, 03:23PM8-13-10, Patriot furthers its suit against TPL for breach of contract and fiduciary duty, contract interference, constructive fraud, and unjust enrichment.
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Sat Jul 24 2010, 03:34PMGo to USPTO web site. http://portal.uspto.gov/external/portal/pair- Enter the verification code, Check Control Number--Enter 90/009,457, Open Image File Wrapper, Check 7-19-2010--9 pages, then download the PDF file from our attorney, Larry E. Henneman, ENJOY - wolfpackvolt
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Sun Oct 11 2009, 01:52AMPatriot Scientific Corporation and The TPL Group today announced that they have jointly reached an agreement to resolve and settle all claims and issues between them regarding their Joint Venture for the commercialization of the MMP Portfolio.
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Thu Oct 08 2009, 03:01PMGood article describing the newest developements for PTSC's patents.
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Wed Sep 16 2009, 03:52PM"We are pleased that the US Patent Office action has strengthened the MMP Patent Portfolio," said Rick Goerner, Patriot's President/CEO