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Exhibit 99.8
FOR IMMEDIATE RELEASE
PATRIOT SCIENTIFIC APPOINTS RICHARD G. BLUM CEO AND CHAIRMAN AS
JAMES T. LUNNEY REQUESTS TO BE RELIEVED OF HIS DUTIES
SAN DIEGO - September 25, 2000 - Patriot Scientific Corporation (OTC: BB: PTSC)
today announced that Richard G. Blum has been appointed Chairman of the Board of
Directors and Chief Executive Officer replacing James T. Lunney who is leaving
for personal reasons. Mr. Blum has been a director of the company since February
1999 and has had an extensive career in managing international companies
including ITT, ADT, and most recently as Chairman and President of Kysor Europe,
a wholly owned subsidiary of Kysor Industrial Corporation.
Mr. Blum stated, "the board is very appreciative to Mr. Lunney for his
contributions, bringing the company to where it is today, and wishes him well in
his new endeavors. I look forward to using my past marketing and executive
experiences to focus our management team to bring Patriot to the next level-
namely generating revenues from licensing and sales of our proven
technologically superior microprocessor."
Founded in 1987, Patriot Scientific Corporation designs, markets and
manufactures the PSC1000, based on patented ShBoom technology, a 32-bit
microprocessor targeted at Java and Internet appliances as well as the
traditional embedded systems markets. For more information on Patriot Scientific
Corporation, visit http://www.ptsc.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, seasonality and
other risk factors detailed in the company's Securities and Exchange Commission
filings.
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Contact:
Patriot Scientific Corporation/ Linda Romero, 858/674-5000 [email protected]
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