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