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Patriot Scientific Corporation


Symbol: PTSC
Analyst: Howard Halpern
Taglich Rating: Speculative Buy
Price Target: $0.25
Time Horizon: 12 Months
Rating Established: April 29, 2009
Price When Established: $0.12
Most Recent Report: February 12, 2010
Price When Issued: $0.13

Most Recent Update
Updated Research Report (Dated February 12, 2010)
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Company Description
Patriot Scientific Corporation (OTC BB: PTSC), headquartered in Carlsbad, California, has been primarily an intellectual-property licensing company via its Moore Microprocessor Patentâ„¢ Portfolio licensing partnership with The TPL Group. The partnership has and continues to generate equity earnings for PTSC. Those earnings provided a foundation for Management to migrate Patriot Scientific to an operating company through its acquisition of Crossflo Systems, Inc. (provider of secure data sharing services and products) and asset purchases of Iameter (clinical quality improvement in healthcare) and Vigilys (situational awareness for imaging services in public safety and justice). Also, the Company has minority investments in early-stage technology companies.
Taglich Research Reports
Updated Research Report (Dated February 12, 2010)
Updated Research Report (Dated October 27, 2009)
Updated Earnings Note (Dated October 12, 2009)
Updated Research Report (Dated September 17, 2009)
Updated Earnings Note (Dated August 17, 2009)
Initial Research Report (Dated April 29, 2009)

All Research Reports are in Adobe Acrobat format.
( For the latest Adobe Acrobat reader click here)

*The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statements are the opinion of Taglich Brothers, Inc. and are not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in the reports are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from the Director of Research. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned and was not a manager or co-manager of any offering for the company within the last three years. The company paid for the first year of distribution a fee of $24,000 (USD) on February 2009, and after the first year of publication will pay a monthly monetary fee of $2,000 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports. For further information and Taglich Brothers, Inc. ownership data please refer to each individual report.

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