PTSC NEWS!!!!
PTSC's IGNITE I Microplatform Introduced At 2001 International CES in
Sun's Connected Lifestyle Showcase
SAN DIEGO, Jan 5, 2001 (BUSINESS WIRE) -- PTSC (Patriot Scientific Corp.)
(OTCBB:PTSC), developer of the IGNITE I(TM)family of microprocessors, will be
demonstrating with Sun Microsystems Inc. (Nasdaq:SUNW) and Cyberonix Inc. an
integrated system designed for Mitsubishi Electric Automation Inc. that utilizes
the PTSC IGNITE I Microplatform.
2001 International CES is held in Las Vegas, January 6-9, 2001.
Sun Microsystems' exhibit, the Connected Lifestyle Showcase, displays innovative
products and technologies for home management, travel and entertainment,
wireless communications, financial services and space exploration that will
change the way people live, work and play. PTSC is among the leading industry
associates Sun has selected to be included in their showcase. PTSC, along with
other associates, is a member of the Open Service Gateways Initiative (OSGi), a
consortium of over one hundred Fortune 100 companies working together to
facilitate communication between various Internet appliances. The Travel Area of
the showcase includes the first OSGi gateway-enabled devices running in a car
that communicates externally both to an OSGi-compatible gas pump and a service
station operator console, all powered by PTSC's IGNITE I.
"We are more than pleased to be a participant in this first dynamic presentation
of an OSGi application," said Bruce Khavar, president and CEO of Cyberonix.
"This is an extraordinary opportunity to illustrate the way companies with
varying technologies can work together in co-creating a complete application to
benefit both business and the consumer." Khavar continued, "Cyberonix developed
an eGasStation(TM) control system with PTSC providing a low-cost, OSGi-compliant
gateway platform. We are particularly pleased to be working with PTSC as they
debut their IGNITE I technology to the electronics industry."
Dick Blum, president of PTSC, explained, "We first presented the IGNITE I at the
Sun(TM) Dot Com Home Show, a series of five seminars held nationally. We
demonstrated how the IGNITE I enabled an OSGi-compliant gateway in a setting
appropriate for consumers' home applications." Blum elaborated, "At the Consumer
Electronics Show, PTSC will be a major component in a live presentation of the
interconnectivity and fluid delivery of services that will significantly impact
and improve consumers' lifestyles."
Dr. Patrick Nunally, vice president of business development for PTSC, explained,
"The show in Las Vegas is the first time in trade show history that the IGNITE I
Microplatform will be presented to the electronics industry embedded into a
finished product. We are grateful to Sun for their vision in creating the
Connected Lifestyle Showcase. This is an ideal opportunity for PTSC's IGNITE I
to be demonstrated functioning in an integrated business/consumer product,"
concluded Dr. Nunally.
The Connected Lifestyles Showcase will be presented, by invitation only, in the
Exhibit Room Complex of the Las Vegas Convention Center.
Founded in 1987, PTSC designs, markets and manufactures advanced microprocessor
technology aimed at the World Wide Web and Internet appliances as well as
traditional embedded systems markets. For more information on PTSC, visit
ptsc.com.
About Cyberonix Inc.
Cyberonix, a Berkeley, Calif.-based consulting and engineering firm, was formed
to address the needs of today's global corporations for reliable computing from
the factory floor to the board room. Founded on the philosophy that Java
technology is the great enabler for delivering solutions to today's problems
while allowing the integration of legacy environments, Cyberonix uses the Java
platform exclusively to solve its customers' enterprise-wide automation and
control problems. Cyberonix provides Fortune 500 customers with solutions that
span from factory control and manufacturing execution systems all the way up to
corporate information systems.
Sun and Sun Microsystems are trademarks or registered trademarks of Sun
Microsystems Inc. in the United States and other countries. eGasStation is a
trademark of Cyberonix Inc. IGNITE I is a trademark of Patriot Scientific Corp.
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.
CONTACT: Patriot Scientific Corp., San Diego
Linda Romero, Investor Relations, 858/674-5000
lromero@ptsc.com
or
Mike Korodi, Trade Press Relations, 858/674-5000
mkorodi@ptsc.com
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