CARLSBAD, Calif., October 13, 2014 -- (PR Newswire) - Patriot Scientific Corporation (OTCQB: PTSC) today announced that its joint venture Phoenix Digital Solutions (PDS), has entered into an agreement with Dominion Harbor Group, LLC (DHG) to provide licensing and enforcement services to the Moore Microprocessor Patent (MMP) PortfolioTM.
“I am extremely pleased to announce that PDS has engaged Patriot’s selection for an additional licensing company to represent the MMP Portfolio,” stated Cliff Flowers, Patriot’s Interim CEO. “We are excited to have DHG’s world-class talent and depth of experience on our team, and believe their skills provide an excellent opportunity for the revitalization of the licensing program.”
“In July Patriot announced that PDS had entered into an agreement paving the way for the engagement of a second company to secure licenses to the MMP Portfolio,” stated Carlton Johnson, Patriot Board member and its appointee to the PDS Management Committee. “Today’s announcement represents the fulfillment of that important effort.”
“We are excited to help PDS build on the strong licensing history of the MMP Portfolio,” said Dominion CEO David Pridham. “Given its established value, we call on future licensees to promptly engage in productive licensing discussions.”
About Patriot Scientific Corporation
Headquartered in Carlsbad, California, Patriot Scientific Corporation is the co-owner of the Moore Microprocessor Patent Portfolio™. For more information on PTSC, visit www.ptsc.com.