Patriot Scientific Corporation (OTCBB: PTSCE) was founded in 1987 with DOD applicable technologies. The company's flagship technology has been its IGNITE I, a 32-bit microprocessor that until mid 2005 formed the core of Patriot Scientific's business. From the development of this unique technology, Patriot Scientific has evolved from being a systems level engineering company into a global technology licensing organization. Patriot is currently shifting its focus from the development and marketing of chips to engage primarily in licensing the company's unique intellectual property for microprocessor designs in a range of high-tech applications, including wireless devices, smart cards, home appliances, automotive telematics, and biomedical devices, among others. Patriot Scientific holds numerous patents in conjunction with the TPL Group, its joint venture partner, and these patents now serve as the foundation for the new direction that the company has embarked upon.