HERE IS SOME COMPANY BACKGROUND:
Patriot Scientific ("Patriot") is developing a diverse technology portfolio that includes one of the first Java? microprocessors and high speed digital modems. Each of these technologies compete in potentially huge, fast growing markets. A great deal of attention has been focused on Patriot's patented ShBoom? technology embodied in the PSC1000? microprocessor, one of the first Java processors in production.
HIGHLIGHTS
One of the first to market with Java microprocessor Licensee of Sun Microsystems Java Huge & growing $150 billion worldwide semiconductor market Diverse technology portfolio Technology protected by numerous patents Making transition from R & D to revenue production Seasoned management team
Patriot is a technology development company that is focused on the commercialization of its Java? microprocessor known as the PSC1000 or ShBoom microprocessor. Patriot is also developing and marketing high speed digital modem technologies.
ShBoom Java Microprocessor:
The PSC1000 Java processor is targeted for applications that require high performance and low system cost. These applications include network computers, set-top boxes, cellular telephones, personal digital assistants, embedded web servers, and many other Internet and Java applications.
Earlier this year, Patriot received its fifth U.S. patent, with additional patents pending, that give significant protection for the essential architecture that make the chip ideal for running Java. The Java programming language makes it easier to write programs that run on a variety of different computers and operating systems, as well as other devices such as smart telephones, network computers and Internet TV sets, a feature referred to as "platform independence". Many Java platforms run more slowly than platform specific programs because of their processor architecture. The ShBoom architecture allows programs to operate at peak efficiency. Patriot believes that it has the opportunity to be the first company to market with the most efficient microprocessor for running Java.
The Company believes their PSC1000 is the best price/performance solution available today for supporting Java. Electronic Engineering Times has recognized the PSC1000 as one of the first Java microprocessors and compared its performance to far more complex and expensive designs. The PSC1000 is a highly integrated 32-bit RISC processor. Running at an internal speed of 100 MHz, the processor executes with 100 native MIPS peak performance. The 32-bit registers and data paths fully support 32-bit addresses and data types.
The licensing of Sun Microsystems proprietary Java Operating System, JavaOS?, makes the PSC1000 an "authentic" Java processor. With the licensing of JavaOS, Patriot is now engaged in optimizing JavaOS for its patented ShBoom architecture. The Company has developed a network computer to demonstrate its microprocessor.
Earlier this year the Company announced the development of a .35 micron version of the PSC1000 microprocessor. The move from .35 from .5 microns is in line with industry standards allowing Patriot to stay ahead of the Java microprocessor curve. It is anticipated that the .35 microprocessor will be available for shipment later this summer. PSC1000's smaller real estate and faster connectivity is expected to result in an increase of up to 150 MHz clock rate. Additional chip upgrades under consideration include the addition of cache, which would further increase the speed of the microprocessor.
Patriot has announced four design wins for the microprocessor. The most recent from the Denison Mayes Group of the United Kingdom where it will be used in testing equipment. Other examples of recent wins for the PSC1000 include GENROCO, ASIC Design Task Force, Inc. and Olea Exhibits, Inc. GENROCO is the premier supplier of high performance storage and network interfaces for PCI and SBused-based computer systems. The PSC1000 will initially appear in GENROCO's TURBOfibre? PCI Fibre Channel Controller. GENROCO has plans to use the microprocessor in its upcoming product line, making the majority of its more than 20 next generation controllers PSC1000- based by mid-1998. Olea Exhibits, Inc., a major supplier of multimedia kiosks and interactive pavilions, placed an initial multi-million dollar order with Patriot, for multimedia controller modules, which Patriot will build utilizing the company's PSC1000 microprocessor.
Communications Division: Patriot's Communications Division is building considerable momentum since the acquisition of Metacomp, Inc. With the Metacomp acquisition, Patriot has received multi-unit orders from NEC Corp. for its ISDN terminal adapter known as CyberShark?. Metacomp brought an impressive client list to Patriot including GE Capital Spacenet, Hewlett-Packard and AT&T. The Communications Division is developing a full range of digital communications hardware products for ISDN services.
Patriot's CyberShark product line contains several full featured, low priced Basic Rate ISDN Active Terminal Adapters that use proven technology to obtain data transfer speed rates of up to 128K, over twice the speed of the new 56K analog modem. CyberShark is the perfect solution for individuals, small businesses and telecommuters who require lightning fast access to the Internet or to an intranet.
The Communications Division's products also include the FlagShip/PRI card which was designed for remote access and video conferencing. This new product was introduced at COMDEX in November 1997.
Ground Penetrating Radar The Company commenced active development of its GPR in 1992 and has been able to demonstrate the sensing, processing and crude visualization of images from its technology. Patriot has completed a prototype device which is being used for limited customer and user evaluations of the technology.
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