This Agreement is dated this 20th day of August, 1999 (the "effective date") by and between Patriot Scientific
Corporation ("Patriot"), a Delaware corporation, having a principal place of business located at 10989 Via
Frontera, San Diego, California 92127 and ASI, a Nevada Corporation ("ASI"), having a principal place of
business located at 980 American Pacific Drive, No. 111, Henderson, Nevada 89014.
WHEREAS, Patriot has developed and patented certain gas plasma antenna ("GPA") technology that utilizes
ionized gas in a vessel as an antenna to both receive and transmit radio frequency signals. As a result of Patriot's
inventions it was awarded, by assignment, U.S. Patent No. 5,594,456 for "Gas Tube RF Antenna" issued on
January 14, 1997. Additionally, Patriot has filed a patent application serial no. 08/783,368 for "Rugged Gas
Tube RF Cellular Antenna."
WHEREAS, this GPA technology is believed to have commercial viability in both commercial and Department of
Defense applications but will require further development, additional capital and research.
WHEREAS, Patriot desires to pursue other business ventures and desires to sell and otherwise assign all of its
right, title, interest and benefit in and to its GPA patents, related technology, equipment and all other intellectual
property rights related thereto, as defined in paragraph 1 a) hereof, to ASI according to the terms and conditions
set forth below in order to allow further development of this technology to be completed.
WHEREAS, ASI is a holding company looking for new technology to purchase and exploit and ASI desires to
purchase Patriot's GPA issued and pending patents and related technology and equipment according to the terms
and conditions below.
Now, therefore, in consideration of the mutual promises described below and other good and valuable
consideration, the sufficiency of which is hereby acknowledged, the parties hereby agree to be legally bound as