Patriot Scientific and AMD Enter Into Series of Agreements
-- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) announced today that AMD (NYSE: AMD - News) has purchased restricted shares from PTSC, obtained rights to manufacture and sell the PTSC IGNITE 32-bit stack microprocessor and obtained rights to the "ShBoom" microprocessor patent portfolio in its entirety. AMD is the first company to license the "ShBoom" microprocessor portfolio from PTSC. Terms of the agreements are confidential.
Jeff Wallin, CEO of PTSC, said, "Our agreements with AMD represent a watershed moment for PTSC. We're confident that our patent portfolio will benefit both companies for many years to come."
Harry Wolin, senior vice president and general counsel for AMD, said, "We are pleased with the outcome of our negotiations with PTSC and look forward to our ongoing relationship."
About Patriot Scientific
Patriot Scientific is an intellectual property company, developing and marketing innovative and proprietary semiconductor technologies into the fast- growing handheld wireless and smart card markets. The company's portfolio of patents encompasses what is believed to be fundamental microprocessor technology and includes additional patents pending to protect its technology and architecture.
For Patriot Scientific information, contact Lowell Giffhorn at (858) 674-5018. Detailed information about Patriot Scientific can be found on the website http://www.ptsc.com . Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com and http://www.hawkmicrocaps.com .
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/patriot/profile.htm . For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383.
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.
Related Semiconductor IP
- NFC wireless interface supporting ISO14443 A and B with EEPROM on SMIC 180nm
- DDR5 MRDIMM PHY and Controller
- RVA23, Multi-cluster, Hypervisor and Android
- CXL 3.0 Controller
- ECC7 Elliptic Curve Processor for Prime NIST Curves
Related News
- Patriot Scientific Says Licensing Agreements Result in Quarterly Profit
- Patriot Scientific Corporation Announces Debenture Conversion, Warrant Buyback Agreements
- WiLAN Subsidiary and CXMT Enter into License and Acquisition Agreements
- Vanu Ports Its Radio Description Language to PTSC's IGNITE Microprocessors for software defined radio applications
Latest News
- AIStorm and DB HiTek Debut SpectroMic™ KWS—an 18uA Always-on Keyword-Spotting Solution Enabling IoT AI Voice Interaction
- SignatureIP Unveils Industry-Leading CXL 3.2 Solution for High-Performance Computing
- Synopsys and Ansys Provide Update Regarding Expected Timing of Acquisition Close
- CAST Releases First Dual LZ4 and Snappy Lossless Data Compression IP Core
- Arteris Wins “AI Engineering Innovation Award” at the 2025 AI Breakthrough Awards