News
Patriot Scientific Chairman Retires
CARLSBAD, Calif.-(Business Wire)-February 13, 2008 - Patriot Scientific (OTCBB:PTSC) today announced the resignation of David H. Pohl as its chairman of the board and as a member of its board of directors. In his letter of resignation, Pohl said that his resignation was the final step in a withdrawal process that began when he retired as CEO of Patriot Scientific in June of 2007. Pohl went on to write that his resignation from the board would make his retirement complete and would provide him with the freedom to spend more time on personal and family matters.
Commenting on Pohl's resignation, Jim Turley, Patriot's CEO, said: "The entire board of Patriot Scientific Corporation is deeply appreciative of the many contributions David has made to the success of the company during his years of service as an officer and as a director. He was successful in guiding Patriot through the challenges it has faced in establishing profitability through its current intellectual property licensing program and in several changes of management. His steady hand on the tiller will be greatly missed."
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. 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. To receive free e-mail notification of future releases for Patriot Scientific, sign up at http://www.hawkassociates.com/email.aspx.
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, patent litigation, technical development risks, 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 is a trademark of Patriot Scientific Corporation. All other trademarks belong to their respective owners.
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