Well, according to the Bleeding Cool link I posted, the movie Iron Patriot is not going to be the same person as the comic version, but in the interests of sharing and spreading knowledge:
Iron Patriot in the comics was Norman Osborn, aka The Green Goblin, who came to a certain amount of power after the superhero Civil War. He disbanded SHIELD and started his own similar entity, HAMMER. He also decided to set up his own Avengers team, but instead of having heroes, he made them villains. In the image posted, for example, that's Bullseye wearing the Hawkeye costume and Daken, Wolverine's son, wearing the Wolverine costume. Osborn retained this power for a little while, known as Dark Reign in the Marvel U, and it was actually one of the better events of the last while (although the Siege event that ended it wasn't very good at all).
In the movie it's apparently going to be the character James Badge Dale, who in the comics was Coldblood 7, a military man who steps on a landmine and is rebuilt as part cyborg. Not sure if they're calling him Colblood 7 or Iron Patriot in the movie.