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

To: bob who wrote (5239)	8/11/1998 10:01:00 AM
From: sdr	Respond to of 8581

PTSC deal with Wind River (WIND) hit news on SI - G

To: bob who wrote (5239)	8/11/1998 10:02:00 AM
From: cksla	Read Replies (2) \| Respond to of 8581

bob and all: NEWS FLASH- PTSC and WIND RIVER Patriot Scientific Licenses Wind River Systems' Technology for Comprehensive Embedded Java Solution SAN DIEGO--(BUSINESS WIRE)--Aug. 11, 1998--Patriot Scientific Corp. (OTC BB:PTSC), the developers of the first market-ready microprocessor for Java(TM), today announced the signing of a licensing agreement with Wind River Systems, Inc. (NASDAQ:WIND - news). Under the terms of this agreement, Patriot Scientific Corporation will license Wind River Systems' industry-proven real-time operating system technology for use on Patriot's revolutionary PSC1000(TM) family of microprocessors. The PSC1000 offers unprecedented power for its cost. Wind River Systems has agreed to license its operating system technology to Patriot, allowing Patriot to optimize the technology for use with PersonalJava(TM). Under this arrangement Patriot Scientific will develop an unique Java-ready platform delivering solutions that are far easier to develop for and considerably less expensive than alternatives. Patriot will also make Wind River's operating system technology available on the PSC1000 for traditional embedded applications not utilizing Java. ''The combination of operating system technology from Wind River Systems with the PSC1000 processor offers a very powerful, low-cost platform for embedded applications,'' commented Dave Sheaffer, director of hardware platforms for Wind River Systems. ''Moreover, Patriot's implementation of PersonalJava provides value to systems designers developing products for the embedded Java space.'' Embedded microprocessors include everything from the low-end 4-bit microprocessor found in a coffee maker to a 32-bit microprocessor managing the controls of a Gulfstream jet. The demand for more intelligent, more highly functional devices is increasing like never before. More than ever, consumers are expecting more advanced features that make devices easier to use, even self-sufficient or that just do more. Today, the price, size and performance of the microprocessors that drive such ''intelligent'' devices are the limit to these advances. According to Dataquest, the market for embedded microprocessors along with embedded software will grow from approximately $15.3 billion today to $27 billion by 2000. ''We are thrilled to be partnering with a true market leader like Wind River Systems. The combination of the PSC1000 packaged with Wind River's operating system technology is the best price/performance solution available today for embedded applications,'' said Jim Lunney, Patriot president and CEO. ''Porting Wind River's operating system technology to the Patriot PSC1000 microprocessor, and providing the tight integration with Personal Java, will create a compelling combination for developers of embedded systems. Customers who choose the PSC1000 as their platform to develop any of the increasing number of embedded devices will achieve reduced development times with a smaller, lower cost alternative than available before.'' ''Patriot Scientific was attracted to Wind River for its advanced Java support on non-Java processors. The licensing agreement with Patriot Scientific underscores our commitment to customers looking to deliver products utilizing Java in embedded applications,'' Sheaffer continued. ''As the industry leader, we are pleased to offer our customers -- in the consumer space and beyond -- continuous innovation for the efficient development of real-time embedded Java applications.'' About Patriot Scientific 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 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 Corporation 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 Corporation, 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. Note to Editors: Java and PersonalJava are registered trademarks of Sun Microsystems, Inc. Wind River Systems is a registered trademark of Wind River Systems, Inc. ------------------------------------------------------------------------ Contact: Patriot Scientific Paul Berlin, 619/674-5000 ext. 235 (Investor Relations) pberlin@ptsc.com or The Townsend Agency Amy Hanlon, 619/457-4888 (Press Relations) ahanlon@townsendagency.com