Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Patriot Scientific - PTSC -- Ignore unavailable to you. Want to Upgrade?

To: cksla who wrote (5064)	7/1/1998 9:57:00 AM
From: bob	Respond to of 8581

All, More NUZE today: -------------------------------------------------------------------------------- Wednesday July 1, 9:31 am Eastern Time Company Press Release Patriot Scientific Furthers PSC1000 Distribution in Key International Markets Leading Distributor in Southeast Asia Chosen to Distribute Patriot Microprocessor SAN DIEGO--(BUSINESS WIRE)--July 1, 1998--Patriot Scientific Corp. (OTCBB:PTSC - news), the developers of the first market-ready microprocessor for Java(TM), today announced signing a contract with an established distributor in Southeast Asia for its PSC1000(TM) microprocessor in Singapore, Malaysia, Thailand, Philippines and Indonesia. Patriot Scientific has selected Microtronics Associates, with headquarters in Singapore, to handle distribution of its revolutionary PSC1000 microprocessor to manufacturers of electronics, computer and communications equipment in Southeast Asia. Microtronics Associates has been a recognized leader in its markets. Its customer list includes many industry leaders such as IBM, Motorola, Compaq Computer, Matsushita and Sony. Southeast Asia is a key electronics market, offering tax exemption and other incentives to companies who perform R&D in Singapore with much of the manufacturing taking place in Malaysia, Thailand, and Indonesia. Microtronics will provide in-depth technical and engineering support for the microprocessor in this important electronics market. ''We are very pleased with the exposure we will be getting for the PSC1000 in Southeast Asia, a key market with many potential customers for the PSC1000. Microtronics Associates is perfectly suited to represent the microprocessor and maximize the understanding of its many unique features,'' said Jim Lunney, president and chief executive officer of Patriot Scientific. With the addition of Microtronics Associates, the PSC1000 is being distributed in Germany, Austria, the United Kingdom, Ireland, Finland, Korea, Taiwan, Israel and now, Singapore, Malaysia, Thailand, Philippines and Indonesia. As the only truly low cost, high performance Java processor, the PSC1000 is ideal for Internet enabled information kiosks, cell phones, video phones, embedded Web servers, set-top boxes and a host of other new Internet appliances. The PSC1000, a 32-bit microprocessor based upon Patriot's patented ShBoom(TM) technology, is designed to provide economic solutions for the growing number of new Java applications as well as other traditional embedded systems markets. Founded in 1987, Patriot Scientific Corp. designs, manufactures and markets: 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 Corp., visit www.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. -------------------------------------------------------------------------------- Contact: Patriot Scientific Paul Berlin, 619/674-5000 ext. 235 pberlin@ptsc.com or The Townsend Agency Amy Hanlon, 619/457-4888 ahanlon@townsendagency.com

To: cksla who wrote (5064)	7/1/1998 10:17:00 AM
From: J.S.	Read Replies (1) \| Respond to of 8581

Bob, You wrote: no, i think you are mixing apples and oranges.. it is my take that the $$500 boards relate to a possible tranaction involving olea- that was my point about the recent release referring to musical reproduction kiosks (or whatever the terminology). my understanding is that genroco involves the use of ptsc's chip in genroco's interface device. these would be 2 totally different transactions....bob I fully realize that there are two separate transactions and I have these two straight. I was trying to unravel the rumors. The rumor was about MGM and a stb device for the home video and film market. This is closely matched by the Genroco connection not the Olea one. Beachguy mentioned 3,000,000 units and $500 boards. No numbers have been officially released. Do you have another source concerning the $500 boards? Perhaps, as you are suggesting, this rumor was a conflation of the two -- 3,000,000 stb's from the Genroco angle and $500 boards from the Olea side. In either case, we don't have a $1.5 B dollar deal, as if anyone seriously thought there was one (vbg). It really doesn't matter too much -- the anatomy of the rumor -- but it goes to show how misleading these things can be. In this case, it suggests that even when posted in good faith it can be off. Some information is better than none as long as we keep this in mind. Any more rumors anyone? Joe