Message #23 From:
NewsBot Date: September 7, 2006 05:00:00 AM
TCPS News TechnoConcepts Files Patent for Invention to Eliminate Wireless Interference
VAN NUYS, Calif.--(BUSINESS WIRE)--Sept. 7, 2006--TechnoConcepts Inc. (OTCBB:TCPS) today announced that it has filed a patent application with the US Patent and Trademark Office for a new invention to cancel unwanted radio signals that interfere with wireless reception. The "Adaptive Narrowband Interference Canceller for Broadband Systems" is fully software programmable, can be adapted for use in many digital radio receivers, and claims the benefit of a provisional patent filing in September 2005.
"The airwaves, particularly in urban areas, are crowded with competing wireless transmissions. Often, strong unwanted transmissions interfere with reception by a wireless device. This invention will make it easier for our wireless receiver chip to ignore those interfering transmissions," said Ronald Hickling, Chief Technology Officer of TechnoConcepts.
Antonio Turgeon, CEO and Chairman of TechnoConcepts, said: "We continue to expand our patent portfolio. Based upon several innovative ideas and methods from Dr. Oleg Panfilov, our Chief Scientific Officer, this patent should help us in our efforts to protect certain aspects of our direct conversion receiver technology. We anticipate that this invention can also be separately applied to improve the reception of conventional digital wireless devices. If we are able to successfully commercialize this new invention, we expect that it will provide the Company with an additional continuing source of licensing revenue."
This invention will become an integral part of TechnoConcepts' True Software Radio(TM), a wireless transmitter/receiver chip technology that operates continuously across different frequency bands, controlled entirely by software. As part of the commercialization process, the Company is currently conducting parametric characterization of its first chips designed for base station applications. Completion of the characterization process is expected by October 2006. The Company anticipates then having a preliminary specification sheet that will serve as the baseline for its initial production run, targeted for the first quarter of the 2007 calendar year. The Company believes True Software Radio(TM) will provide cost-effective interoperability, global roaming and universal connectivity for wireless communications.
About TechnoConcepts
TechnoConcepts (OTCBB:TCPS) designs, develops and markets semiconductors for wireless communications. The Company has developed and patented True Software Radio(TM), a proprietary technology that creates convergence for the wireless industry. True Software Radio(TM) chipsets are designed to enable cell phones, PDAs, laptops, and other mobile devices with different radio frequencies, standards, and protocols to adjust by software command so that they can communicate directly with each other, across otherwise incompatible networks, without multiple radios. True Software Radio(TM) chipsets replace the front end, I/F processing, ADC, and digital filtering sections of digital radios. Because the technology simplifies design and reduces component costs, the Company believes that True Software Radio(TM) is an ideal platform for original equipment manufacturers (OEMs) and original design manufacturers (ODMs) to develop new wireless broadband, mobile data, cellular, and other next-generation wireless applications.
Safe Harbor Statement under the Private Litigation Reform Act of 1995 - Forward-looking statements in this release do not constitute guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate, among other things to expected financial and operating results, the expected acceptance of the Company's products, the usefulness and benefits of the Company's products generally and the acceptance of the Company's technological solutions and its ability to achieve its goals, plans and objectives. The risks and uncertainties that may affect forward-looking statements include among others: difficulties providing solutions that meet the needs of customers, difficulty in developing new products, difficulty in relationships with vendors and partners, difficulty in introducing products in the marketplace and gaining acceptance of the same, difficulty gaining necessary governmental approvals, difficulty facing the intense competition present in the wireless communications industry, the Company's limited operating history, its inexperience in operating internationally and difficulty managing potential rapid growth. For a more detailed discussion of the risks and uncertainties of TechnoConcepts' business, please refer to the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2005, filed with the U.S. Securities and Exchange Commission and as subsequently amended. The Company assumes no obligation to update any forward-looking statement contained in this press release.
