TechnoConcepts, Inc. has developed a technology that enables competing wireless standards to understand each other by incorporating a transmitter/receiver (transceiver) based on a computer chip with TechnoConcepts' proprietary True Software Radio (TSR) technology to process signals received from the antennae of wireless devices. TechnoConcepts believes that its TSR technology is the first to perform all signal processing via software rather than hardware by converting the received signals immediately from an antenna directly into digital form. When fully commercialized, it is anticipated that this technology will enable cell phone users to enjoy seamless roaming anywhere in the world - police and fire departments will be able to talk to each other regardless of their radio systems - and military forces from various countries will be able to communicate with each other directly. By enabling direct device-to-device communication, the Company believes that its TSR technology provides a cost-effective solution that solves the problem of system incompatibility in a highly fragmented and cost-sensitive communications environment. The Company is presently establishing relationships with a number of major wireless communications companies for the use of its technology in military, consumer and industrial applications.