Company Press Release
Patriot Scientific Announces Alliance With Espial Group Inc. to Provide Internet Embedded Application Solutions
Company Specializes in Developing Java Software for Internet and Consumer Devices
SAN DIEGO--(BUSINESS WIRE)--Jan. 13, 1999-- Patriot Scientific Corporation (OTC BB:PTSC - news), today announced that it has entered into an alliance with Espial Group, Inc., in which that company's innovative software for embedded and Personal Java will be driven by Patriot's powerful PSC1000 -- the first-to-market, Java-specific microprocessor.
Espial Group's embedded Java development tools and Internet application suite, including its industry-leading Java Web browser combined with the PSC1000, now enables Patriot to offer customers a complete solution for Internet and consumer devices. The combination will permit customers to quickly exploit the power of the Internet to develop applications for Java technology based Internet devices like set-top boxes, smart phones, PDA's, hand held, and other Internet embedded products.
In forming the alliance, Patriot joins several other high technology companies that have entered into similar alliances with Espial since its formation in 1997 as a developer of Java software for Internet and consumer devices. Espial has relationships with International Business Machines (NYSE:IBM - news), Sun Microsystems Inc. (NYSE:SUNW - news; NYSE:SUNW - news), Netscape Communications Corp. (Nasdaq:NSCP - news; Nasdaq:NSCP - news), Mentor Graphics Corp. (Nasdaq:MENT - news; Nasdaq:MENT - news) and Microware Systems Corp. (Nasdaq:MWAR - news; Nasdaq:MWAR - news).
''We're extremely pleased that Espial sought us out to partner with it,'' said Patriot's president and CEO, James T. Lunney. ''As with other recently announced alliances, we again have the opportunity to improve the pedigree of our chip. By partnering with an industry leader offering superb embedded Java solutions, we move yet another step closer to penetrating the exploding marketplace for embedded microprocessors.''
''Embedded application developers using Java are demanding ease of use and flexibility in the software solutions we provide, as well as less memory, real estate and power consumption in the hardware that powers our applications,'' said Espial's president, Jaison Dolvane. ''Patriot's microprocessor extends the scope of our software solutions by providing a fast and powerful platform for embedded applications focused on a new breed of information devices that permit connections to the Internet, whether at home, at work, or on the road.''
A 1998 Forbes magazine overview of the burgeoning embedded systems marketplace estimated that total sales will reach $27 billion by the year 2000.
Espial Group develops enabling technologies for consumer devices and information appliances. A tightly coupled user interface and software development process ensures the delivery of superb and easy-to-use solutions. This singular vision has propelled Espial Group since its incorporation in 1997. Espial Group's products include Kalos Espresso, the industry's only lightweight GUI toolkit for embedded Java applications; Kalos Architect, a RAD tool for embedded Java; a personal application suite that includes a full-featured Java Web browser, e-mail client and a personal information manager; and DeviceTop, an electronic device desktop. For more information on Espial Group Inc., visit espial-group.com.
Founded in 1987, Patriot Scientific Corporation 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 and ionized gas antenna technologies. For more information on Patriot Scientific Corporation, visit ptsc.com.
Note to editors: Espial, Kalos are trademarks of Espial Group Inc. Java and all other Java-based trademarks are registered trademarks of Sun Microsystems, Inc. All other trademarks are registered trademarks of their respective holders.
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.
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Contact:
Patriot Scientific Corporation
Investor Relations
Paul Berlin, 619/674-5000 ext 235
pberlin@ptsc.com
or
The Townsend Agency
Press Relations
John Chier, 619/457-4888
chier@townsendagency.com
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