I attended the meeting today and here are some of my key take-aways (in no particular order):

• leckrone was there and feels confident we won the markman
• ptsc strategy is not to go after m&a but return equity to shareholders (divy's)
• apple bought a MMP license but there was no further comment
• we're close to spinning off pdsg
• the entire BoD was gracious, genuine, thoughtful and respectful of shareholders
• greater licensing activity should follow a positive Markman
• judge ware will give defference to judge ward's Markman
• tpl currently in active negociations with 100+ $1B infringers
• leckrone stated he owns ptsc 3M shares

All in all it was a positive meeting but everything at this point is hinging on a positive Markman outcome (not new news, but that was the concensus take-away). I also want to point out that I remain optimistic about ptsc and our leadership. I believe Cliff and our entire board genuinely has shareholders best interest in mind.

all my interpretations and opinion. kw