Mattel Becomes 40th Licensee, Setting a Major Milestone in Moore Microprocessor Patent(TM) Licensing Program
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Patriot Scientific (OTCBB:PTSC) announced today that Mattel, Inc. has
purchased a Moore Microprocessor Patent™ (MMP)
Portfolio license from The TPL Group, Patriot’s
exclusive licensing partner. Mattel designs, manufactures and markets
toys under a variety of iconic brands.
"Mattel’s purchase
of an MMP license is yet another example of the widespread use of MMP
Portfolio technology,” said Roy Maharaj, vice
president of licensing for Alliacense. "All
producers of microprocessor-based products and dependent services should
be placing high priority on the purchase of a license for the
fundamental MMP Portfolio technologies to reduce related financial
exposure.” "The rate of licensing has accelerated in the
last few months, and we’re pleased to welcome
Mattel to the group,” said Jim Turley,
Patriot Scientific’s president and CEO. "Microprocessor
chips are truly ubiquitous and this latest signing just reinforces the
point.”
The sweeping scope of applications using MMP Portfolio design techniques
continues to encourage the world’s leading
manufacturers of end-user products from around the globe to become MMP
Portfolio licensees. Forty global companies from the US, Europe, Japan,
Korea and Taiwan have licensed the MMP Portfolio technologies, including
many industry leaders such as Fujitsu, Hewlett Packard, Kenwood, Nokia,
Philips, Sony and Toshiba.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property
that is jointly owned by the privately held TPL Group and publicly held
Patriot Scientific Corporation (OTCBB:PTSC). The MMP Portfolio includes
seven U.S. patents as well as their European and Japanese counterparts.
It is widely recognized that the MMP Portfolio protects fundamental
technology used in microprocessors, microcontrollers, digital signal
processors (DSPs), embedded processors and system-on-chip (SoC) devices.
Manufacturers of microprocessor-based products can learn more about how
to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.
About Mattel
Mattel, Inc. designs, manufactures and markets toys and family products.
The Mattel family is comprised of such best-selling brands as Barbie®,
Hot Wheels®, Matchbox®,
American Girl®, Radica®
and Tyco® R/C, as well as Fisher-Price®
brands, including Little People®, Power Wheels®
and a wide array of entertainment-inspired toy lines. Mattel is
recognized as one of the 100 Most Trustworthy U.S. Companies by Forbes
Magazine and is ranked among the 100 Best Corporate Citizens by CRO
Magazine. With global headquarters in El Segundo, Calif., Mattel employs
more than 30,000 people in 43 countries and territories and sells
products in more than 150 nations. For more information, visit http://www.mattel.com.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and
implementation of Intellectual Property (IP) licensing programs. As a
cadre of IP licensing strategists, technology experts, and experienced
business development/management executives, Alliacense focuses on
expanding the awareness and value of TPL’s IP
portfolios. Founded in 1988, The TPL Group has emerged as a coalition of
high technology enterprises involved in the development, management and
commercialization of proprietary product technologies as well as the
design, manufacture and sales of proprietary products based on those
technologies and corresponding IP assets. For more information, visit http://www.alliacense.com.
About Patriot Scientific Corporation
Patriot Scientific (OTCBB:PTSC) is a leading intellectual property
licensing company that develops, markets, and enables innovative
technologies to address the demands in fast-growing markets such as
wireless devices, smart cards, home appliances and gateways, set-top
boxes, entertainment technology, automotive telematics, biomedical
devices, and industrial controllers. Headquartered in Carlsbad, Calif.,
information about the company can be found at http://www.ptsc.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx.
Copies of Patriot Scientific press releases, current price quotes, stock
charts and other valuable information for investors may be found at http://www.hawkassociates.com
and http://www.americanmicrocaps.com.
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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.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of
Technology Properties Limited (TPL). All other trademarks belong to
their respective owners.