Another design win......
Monday April 17, 9:31 am Eastern Time
Company Press Release
Patriot Scientific Announces New Java Design Win for Medical Device in Germany
Patriot Concurrently Announces Strategic Partnership With German System Design Firm
SAN DIEGO--(BUSINESS WIRE)--April 17, 2000--Patriot Scientific Corp. (OTCBB:PTSC - news), today announced that it has received confirmation of the selection of Patriot's PSC1000 microprocessor for a new product being designed for the medical equipment market.
For competitive reasons, the customer requires confidentiality on their identity and the exact details of the product, until the end product is introduced into the marketplace. The product is based on Java technology, has a target price of less than $275, and is scheduled for market introduction this fall.
The product will be designed for the OEM customer by dSys, based in Ulm, Germany. dSys is a complete system design house with both hardware and software capability. Patriot, in conjunction with its German distributor, Ineltek, has formed a strategic partnership with dSys. dSys is agreeing to build expertise in PSC1000-based system design, and in return Patriot and Ineltek will refer customers in Germany to the design services of dSys.
``dSys will add value to our total solution for Java-based embedded systems in the German market,' said Patriot's president and chief executive officer, Jim Lunney. ``Many companies are interested in Java for embedded systems, but do not yet have Java expertise in-house. dSys has the system design skills to assist many German companies in utilizing the PSC1000 and Java system software in their new product offerings.'
``We see great promise for embedded Java in the German market. The PSC1000 is well positioned to be the microprocessor of choice in many new applications,' said dSys's managing director, Markus Assfalg.
dSys is a start up company founded in 1998, and currently specializes in product design for a number of German industrial companies.
The company's address and contact information is: dSys-digitale Systeme e.K. Friedrichsau Str. 6 D-89073 Ulm Germany Tel: +49.731.9213178 Fax: +49.731.9213179
Founded in 1987, Patriot Scientific Corp. designs, markets and manufactures: the PSC1000, based on the patented ShBoom technology, a 32-bit microprocessor targeted at Java and Internet appliances as well as the traditional embedded systems markets; high-performance ISDN Basic Rate and Primary Rate products for digital communications; and ground penetrating radar. For more information on Patriot Scientific Corp., visit ptsc.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
PSC1000 is a trademark of Patriot Scientific Corp. Java and all other Java-based trademarks are registered trademarks of Sun Microsystems Inc. All other trademarks are registered trademarks of their respective owners.
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Contact:
Patriot Scientific Corp.
Linda Romero, 858/674-5000 ext. 235
lromero@ptsc.com
or
Phil Morettini, 858/674-5000 ext. 271
pmorettini@ptsc.com
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More Quotes and News: Patriot Scientific Corp (OTC BB:PTSC.OB - news)
Related News Categories: computer hardware, computers, internet, publishing, software, telecom
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