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By Gulli Arnason · July 29, 2014
Patriot Scientific Corp. (OTC: PTSC) said that Phoenix Digital Solutions, Patriot´s joint venture, has entered into an agreement with Alliacense, LLC that settles all outstanding disputes between PDS and Alliacense.
“We are extremely satisfied with the terms of the agreement which establishes important performance goals and incentives for Alliacense, while increasing our reach and opportunities for success by providing for the retention of a second licensing agent,” said Carlton Johnson, Patriot board member and its appointee to the PDS Management Committee.
Headquartered in Carlsbad, California, Patriot Scientific Corp. is the co-owner of the Moore Microprocessor Patent Portfolio. For more information, visit www.ptsc.com.
Isn't it tomorrow night there?
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Patriot Scientific Corporation (OTCMKTS:PTSC) Selling Its Patents
Las Vegas, NV -- (SBWIRE) -- 01/02/2014 -- Patriot Scientific Corporation (OTCMKTS:PTSC) conducts research business and offers intellectual-property licenses. PTSC actively seeks and purchases licenses for micro processing chip technologies and then sells these licences to companies. Main services of the company include data sharing and data security solutions. It holds 39.4% interest in Talis Data Systems.
Patriot says that it is selling its patents and US International Trade Commission is reviewing Administrative Law Judge's findings about US 5,809,336 patent of the company. The company says that it is seeking an importation ban on some technologies.
PTSC believes that there should be ban on import of wireless consumer electronics devices. The company’s CEO Cliff Flowers says that it pleases the management to receive response from ITC. The company hopes that ITC avails the opportunity regarding patent.
A new website design? Wonder why they don't have a butterfly coming out of a cocoon.
Why not? They just stole the health insurance of millions of Americans
Most of those "millions" have policies with zero coverage with high deductibles and lifetime caps that would be covered better under Obamacare.
If you want to look at the government taking away something for no good reason. Look at the Keystone pipeline. The only reason the GOP likes it is that it takes land away from hard working Americans and gives it to a foreign corporation.
Ever notice that the story line is always the same?
Small Start Up Battles Evil Patent Troll!! Justice Will Prevail!!
Michael Hiltzik could have easily written something along the lines of
After Years Of Exams and Trials Small Inventor Prevails Over Large Corporation(s) In Patent Suit!
Chuck Moore
Russel Fish
The Leckys
Drama! Controversy! You never knew who was suing who. Was it Acer that sponsored the endless patent reexams? Fish vs PTSC. Moore vs TPL.
Unfortunately it seems that we will never see that story. The editors have already decided on the only story line they will tell.