Patriot Scientific Corporation Launches New Marketing and Awareness Program with AGORACOM
CARLSBAD, Calif., March 16 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) ('Patriot') today announced it has retained the services of AGORACOM Investor Relations ('AGORACOM') (http://www.agoracom.com) to provide an online marketing Web-based awareness campaign.
Patriot's aim with this agreement is to augment its current public relations and investor relations strategies in an effort to reach a new investor base, broaden the investment audience and further communicate the value of Patriot's intellectual property to the investment community at large. From strategy to execution, AGORACOM will manage the online marketing process. This new initiative will increase Patriot's marketing, branding and distribution network utilizing power of AGORACOM's relationships with the following global and industry leaders:
-- Blackberry - Exclusive provider of small-cap content to all 5,200,000 + global devices -- Yahoo Finance - Exclusive provider of all front-page small-cap featured content (Canada) and exclusive provider of small-cap IR programs through U.S. portal -- AOL Finance - Exclusive provider of all small-cap content (Canada)
AGORACOM's combination of legitimate, quantifiable distribution through Tier-1 websites will help create online exposure, brand awareness and marquis coverage for Patriot amongst a target audience of more than 1.3 million small- cap investors per month.
In addition, from a communications point of view, Patriot will benefit from the use of a dedicated investor relations community, webcasting, podcasting, blogging and other Web 2.0 tools that will help the company's message resonate through the entire online investment community.
David Pohl, chairman and CEO of Patriot, stated, 'We are taking this action to significantly increase our efforts to communicate with existing and potential new shareholders. Patriot Scientific is on an exciting and dramatic corporate path, with a 'David and Goliath' story.'
Pohl noted that in 2005 Patriot shifted its focus from making and marketing its microprocessor to licensing its patent portfolio. More than 400 manufacturing companies around the globe have been put on notice that they appear to be infringing on proprietary intellectual property in Patriot's jointly owned patent portfolio. Pohl said 15 major global manufacturers signed license agreements in the past 14 months, including HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation and Funai Electric. Intel and AMD are also licensees. Negotiations with other well-known names and brands are ongoing.
The patents in Patriot's jointly owned portfolio, marketed as the Moore Microprocessor Patent(TM) (MMP) Portfolio, encompass fundamental design techniques that enable higher performance and lower cost digital electronic systems ranging from cell phones and portable music players to communications infrastructure and medical equipment as well as automobiles, which today utilize dozens of microprocessors.
'Patriot's presence on irrefutable Tier-1 websites will amplify the outreach of our news and corporate developments going forward,' Pohl said. 'This agreement will expand the breadth and reach of the Patriot story and should vastly increase Patriot's visibility. Our goal is to increase the public's knowledge and awareness of our company and the investment opportunity afforded by our stock.'
Hawk Associates will continue to provide daily professional IR functions including, drafting press releases, producing client profiles and addressing shareholder questions. AGORACOM will provide the online vehicle for broader distribution of information, to expand Patriot's online presence. The Hoffman Agency will continue to provide public relations counsel and media representation. Interested investors will be able to visit the Patriot IR Hubs at http://www.agoracom.com/IR/Patriot, and at http://www.hawkassociates.com/ptscprofile.aspx, in addition to the Patriot Scientific web site at http://www.ptsc.com.
About AGORACOM
AGORACOM is a leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all Small-Cap Centers to Yahoo Finance Canada, The AOL Small Cap Channel and every Blackberry device on the planet.
About Patriot Scientific
Patriot Scientific 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.
About the Patent Portfolio
The patent portfolio, marketed as the Moore Microprocessor Patent(TM) Portfolio, is jointly owned by the publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven U.S. patents as well as their European and Japanese counterparts fundamental to the design of modern microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group Enterprise. For more information, visit www.alliacense.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, results of litigation, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Moore Microprocessor Patent, MMP and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC and Ignite are trademarks of Patriot Scientific Corporation. All other trademarks belong to their respective owners.
Contacts:
Patriot Investor Relations: Hawk Associates, Frank Hawkins or Ken AuYeung (305) 451-1888 info@hawkassociates.com
AGORACOM Investor Relations, PTSC@Agoracom.com www.agoracom.com/IR/Patriot
Patriot Media Relations: The Hoffman Agency, John Radewagen, (408) 975-3005 jradewagen@hoffman.com
SOURCE Patriot Scientific Corporation
Source: PR Newswire (March 16, 2007 - 11:32 AM EDT)
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