Shareholder Class Action Filed Against Bidz.com, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP

RADNOR, Pa., June 3 /PRNewswire/ -- The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check, LLP:

Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Eastern District of California on behalf of purchasers of securities of Bidz.com, Inc. ("Bidz.com" or the "Company") between August 13, 2007 and November 27, 2007 inclusive (the "Class Period").

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Barroway Topaz Kessler Meltzer & Check, LLP (Darren J. Check, Esq. or David M. Promisloff, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@btkmc.com.

The Complaint charges Bidz.com and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Bidz.com is an online retailer of jewelry, featuring a live auction format. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that the Company engaged in a practice known as "shill bidding" which artificially raised the auction price of its products; (2) that the Company was not forthright with its customers regarding "retail value" or "appraised value" of its products; (3) that the Company lacked adequate internal and financial controls; (4) that, as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times; and (5) that, as a result of the foregoing, the Company's statements about its financial well-being and future business prospects were lacking in any reasonable basis when made.

On November 26, 2007, a Citron Research ("Citron") article appeared on the website, Stocklemon.com, which revealed a number of problems with the Company's business model. Among other things, the article exposed the Company's questionable bidding and appraisal practices. Then, on November 28, 2007, a second Citron article was published providing additional details regarding the Company's questionable bidding practices including the practice known as "shill bidding" in order to drive up the price of items up for auction. The article disclosed that certain items were bid on hundreds of times by the same few bidders.

On the negative news regarding the Company's business practices, the Company's stock dropped from a closing price of $19.94 per share on Friday, November 23, 2007, to a low of $10.10 per share on Wednesday, November 28, 2007, for a loss of nearly 50 percent on unusually heavy trading volume.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Barroway Topaz Kessler Meltzer & Check which prosecutes class actions in both state and federal courts throughout the country. Barroway Topaz Kessler Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.

For more information about Barroway Topaz Kessler Meltzer & Check, or for additional information about participating in this action, please visit http://www.btkmc.com/.

If you are a member of the class described above, you may, not later than July 6, 2009, move the Court to serve as lead plaintiff of the class, if you so choose. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the purported class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

CONTACT: Barroway Topaz Kessler Meltzer & Check, LLP Darren J. Check, Esq. David M. Promisloff, Esq. 280 King of Prussia Road Radnor, PA 19087 1-888-299-7706 (toll free) or 1-610-667-7706 Or by e-mail at info@btkmc.com

Barroway Topaz Kessler Meltzer & Check, LLP

CONTACT: Darren J. Check, Esq. or David M. Promisloff, Esq., both of
Barroway Topaz Kessler Meltzer & Check, LLP, +1-888-299-7706, or
+1-610-667-7706, info@btkmc.com

Web Site: http://www.btkmc.com/

Patriot Scientific Corporation Announces Patriot Data Solutions GroupPDSG Integrates Data Sharing Product Portfolio

CARLSBAD, Calif., June 2 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (BULLETIN BOARD: PTSC) announced today that, as a result of its recent acquisition efforts and diversification of its business into the data and information sharing solutions market, its wholly owned subsidiary, Crossflo Systems, Inc., has formally changed its name to Patriot Data Solutions Group, Inc. The company, branded as PDSG, will unite Patriot's acquired entities and software technologies into a portfolio encompassing best-of-breed data-sharing and visualization technologies and services supported by subject matter experts who have broad expertise in healthcare, public safety, and justice. It is anticipated that additional acquisitions made to further enhance the current secured data-sharing product portfolio will also roll up under PDSG.

During the past year, Patriot Scientific has acquired several technologies, including its flagship Crossflo DataExchange(R) platform (CDX) which facilitates secure, standards-based data sharing among disparate data sources in mission-critical applications. This portfolio represents a proven solution for delivering some of the nation's earliest and most innovative data exchange projects, including one of the first interagency data-sharing initiatives incorporating the Global Justice XML Data Model (GJXDM) across multiple levels of local, state and federal government. "We believe this is a good time in the growth of the company to consolidate our solutions under a single brand to offer our customers our entire knowledge base, product lines and deep industry expertise in the sectors we serve," said Rick Goerner, Patriot Scientific's President and CEO. "The PDSG solutions help guide these mission-critical entities through the complexities of data-sharing initiatives so that these organizations can be better prepared to act on threats to our nation and to make better, more-informed decisions."

Name Change Reflects Market Focus

"We believe PDSG best captures the focus of our current capabilities as well as our future plans to continue expanding in the data sharing market," said Renney Senn, PDSG's President. "There are multiple drivers for our expansion. Healthcare reform, for example, is being propelled by urgent needs for increased quality of medical care delivery and having immediate access to vital medical information at the point of care. Another driver is the increased focus on efficiency, cost and better information sharing among public safety agencies at all levels of government. PDSG's technologies will serve as critical enablers as these markets demand a new generation of cross-entity solutions that can significantly accelerate the time to value, reduce cost, and eliminate the disruption typical of new data-sharing initiatives."

The key to today's successful information-sharing models extends beyond technology. PDSG solutions are supported by industry-recognized experts. PDSG works with national law enforcement and justice standards bodies (IJIS) to deliver integration solutions that provide reusable business value to agencies and their applications. In addition, PDSG public safety experts have served in law enforcement; in street patrol, investigative, and supervisory roles; and as crime analysts and law-enforcement-specific information technology specialists. PDSG's health care experts are pioneers in hospital, medical practice and healthcare agency information sharing, and quality assessment technology.

Solution sets include: -- Crossflo DataExchange(R) platform -- Crossflo DataExchange Server - enterprise class, multiple-partner data sharing -- Crossflo DataExchange Agent - lightweight, single exchange data sharing -- Data sharing consulting services - IEPD development, data sharing solution architecture design, information sharing standards application -- Iameter -- CQI - Clinical quality improvement based on risk adjusted hospital medical records -- CQI consulting services - Physician and technical experts consulting for clinical quality improvement -- Vigilys -- Commander - map-based collaborative common operating picture with tactical resource information -- Mobile - geo-spatial, in-vehicle display of critical information for enhanced situational awareness and real-time collaboration with command and control centers About PDSG

Patriot Data Solutions Group, Inc. ("PDSG") provides products and solutions that enable mission-critical applications to significantly accelerate the time to value and reduce total cost of ownership for their data-sharing initiatives. The company's flagship product, the Crossflo DataExchange(R) solution, helps link systems together and facilitates secure data sharing for any information exchange initiative in the healthcare, public safety and justice markets. The solution has been designed to work directly with a number of national data sharing standards, including HL7 (Health Level 7), NIEM (National Information Exchange Model), and the Global Justice XML Data Model (GJXDM). PDSG's technological innovation is backed by subject matter expertise and proven methodologies, facilitating the rapid exchange of actionable data in mission-critical applications such as clinical quality improvement and emergency services response management.

PDSG has been working with some of the nation's earliest and most innovative data exchange projects including one of the most advanced statewide data-sharing initiatives to be deployed in the United States. PDSG is the data-sharing group of Patriot Scientific Corporation, which is headquartered in Carlsbad, California (OTC BB:PTSC). For more information on Patriot Data Solutions Group, visit http://www.pdsg.com/.

About Patriot Scientific

Headquartered in Carlsbad, California, Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world. Patriot Scientific addresses the expanding market opportunities in the healthcare, justice and public safety industries through its wholly owned subsidiary Patriot Data Solutions Group, Inc. These growth activities are funded with revenues generated, in a large part, from the continuing successful Moore Microprocessor Patent(TM) Portfolio licensing partnership with The TPL Group. Patriot Scientific's integrated core intelligence solution addresses the critical data/information sharing needs of the healthcare industry, the Department of Homeland Security, the Department of Justice, and federal, state, and local public safety and law enforcement agencies. 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, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.

CONTACT: Angela Hartley

760-547-2700 ext. 102

Patriot Scientific Corporation

CONTACT: Angela Hartley of Patriot Scientific Corporation,
+1-760-547-2700, ext. 102

Web Site: http://www.ptsc.com/
http://www.pdsg.com/

Top OEMs 'Go Green' With Broadcom's 65nm SMB Switch FamilyBroadcom(R) Gigabit Ethernet Switch Family Lowers Total System Power by as Much as 40 Percent and Provides Automated Power Management Features

TAIPEI, Taiwan, June 3 /PRNewswire-FirstCall/ -- Computex 2009 -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced that its family of 65 nanometer (nm) single-chip Gigabit Ethernet (GbE) switch solutions for small-to-medium-sized business (SMB) applications are now shipping in volume production to major OEM customers including Allied Telesis, Cisco, D-Link and NETGEAR. This highly integrated switch family includes 5-, 8-, 16- and 24-port configurations, with full Layer 2 (L2) switching, to address the feature set and port density requirements of today's SMB networks.

Broadcom's green SMB switches provide an impressive reduction in total system power -- as much as 40 percent -- and can help reduce overall system cost by eliminating the need for a fan and enabling the use of a less costly power supply. As a result, the Broadcom SMB switches can reduce power and enable a lower bill-of-materials (BOM) cost for GbE switches in the SMB market.

Broadcom's single-chip 65nm GbE SMB switch family, announced April 2008, consists of the BCM53310 series, for unmanaged and smart switches, and the BCM53118, for unmanaged switches and routers. A third product for wireless home routers and residential gateways, the BCM53115, was announced in November 2007 and rounds out the product family. For the eco-conscious consumer, this family provides 'green' networking by enabling features such as automatic shut down of GbE ports that are not in use, and automatic adjustment of power levels based on cable length. Broadcom SMB switch products also use materials that are free of toxins.

"Broadcom's green SMB switches deliver business-class networking at price points that are appealing to the cost-sensitive SMB market," said Hanh Nguyen, Director of Marketing, Broadcom's SMB Switching line of business. "Green technology is also a major requirement in this market, and we are able to offer an environmentally-friendly product that not only dramatically reduces power consumption, but also lessens the overall impact on the environment."

"Green networking is a growing trend that is impacting all segments of the network," said Jun Kohara, Vice President of Marketing at Allied Telesis. "Small-business will benefit greatly from green networking due to cost savings enabled by products that operate more efficiently."

"The reduced power consumption offered by Broadcom's single-chip switch solutions results in an energy saving device with reduced operating costs." said Jacky Chang, Senior Director at D-Link. "As part of our D-Link Green(TM) initiative, we aim to give consumers ecologically friendly choices. By combining Broadcom's switch solutions with our green technology, we have been able to develop our second generation of Green Ethernet switches that provide competitive solutions with enhanced power saving benefits for all of our customers, from home users to enterprise."

About Broadcom

Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

Broadcom is one of the world's largest fabless semiconductor companies, with 2008 revenue of $4.66 billion, and holds over 3,300 U.S. and over 1,300 foreign patents, more than 7,500 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

A FORTUNE 500(R) company, Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.

Cautions regarding Forward Looking Statements:

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. Examples of such forward-looking statements include, but are not limited to, our position in the SMB market and the impact of our products on human health and the environment. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

Important factors that may cause such a difference for Broadcom in connection with BCM53310 series SMB green switch products include, but are not limited to:

-- General economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry; -- The rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets; -- Our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost- effective and timely manner; -- Competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; -- The rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets; and -- The gain or loss of a key customer, design win or order.

Additional factors that may cause Broadcom's actual results to differ materially from those expressed in forward-looking statements include, but are not limited to the list that can be found at http://www.broadcom.com/press/additional_risk_factors/Q22009.php.

Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law.

Broadcom, the pulse logo, Connecting everything and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.

Broadcom Trade Press Contact Heather A. Roberts Media Relations Manager 408-922-8195 hroberts@broadcom.com Broadcom Investor Relations Contact T. Peter Andrew Vice President, Corporate Communications 949-926-5663 andrewtp@broadcom.com

Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Broadcom Corporation; BRCM Enterprise Networking

CONTACT: Trade Press, Heather A. Roberts, Media Relations Manager,
+1-408-922-8195, hroberts@broadcom.com, or Investor Relations, T. Peter
Andrew, Vice President, Corporate Communications, +1-949-926-5663,
andrewtp@broadcom.com, both of Broadcom Corporation

Web Site: http://www.broadcom.com/

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News archive of November 2009
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