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Microcap & Penny Stocks : Patriot Scientific - PTSC
PTSC 0.498-3.0%Jan 7 4:00 PM EST

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From: Savant10/16/2013 11:24:41 AM
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Patriot Scientific Corporation (OTCBB: PTSC) today announced it has filed its Report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended August 31, 2013. The Report can be found on the SEC's website at sec.gov.

Earlier this month Patriot announced that it had won its patent infringement lawsuit against HTC Corporation. In litigation before the United States District Court for the Northern District of California, HTC was found to infringe multiple claims within Patriot's US 5,809,336 patent. The '336 patent is one of several patents that are part of a larger portfolio held by Patriot, known as the Moore Microprocessor Patent (MMP) portfolio(TM).

In addition to Patriot's success against HTC in U.S. District Court, the MMP portfolio has survived 17 re-examination challenges before the USPTO. "We look forward to these clear validations of the MMP portfolio to have now paved the way for future licensing activity and operating returns commensurate with the portfolio's broad applicability in the digital marketplace", stated Cliff Flowers, Patriot's Interim Chief Executive Officer.

About Patriot Scientific Corporation

Headquartered in Carlsbad, California, Patriot Scientific Corporation is the co-owner of the Moore Microprocessor Patent Portfolio(TM). For more information on PTSC, visit www.ptsc.com.

About the MMP Portfolio(TM)

The MMP Portfolio includes US 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.

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