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Message #29
From: NewsBot
Date: November 29, 2006 05:00:00 AM

TCPS News TechnoConcepts Ground-Breaking Chips Enter Commercial Phase

VAN NUYS, Calif.--(BUSINESS WIRE)--TechnoConcepts, Inc. (OTCBB:TCPS), today announced the finalization of the product datasheet that will serve as the baseline for the Company’s initial commercial production run of its True Software Radio(TM) wireless receiver and transmitter chips, targeted for delivery in the first quarter of calendar year 2007, and the completion of the chips’ parametric characterization. The characterization process measured the function and performance parameters of the True Software Radio(TM) transmitter and receiver chips as they operated continuously across multiple frequency bands. An Integration Toolkit, consisting of software and an interface adapter with programmable logic, is being developed and will be available to licensees in the first quarter of 2007 for product integration, as well as for resale to interested parties. With the achievement of these milestones, the Company will now increase its efforts to commercialize its technology.

“The finalization of our product datasheet makes it possible for developers to begin to integrate True Software Radio(TM) into new wireless devices that can be completely controlled and reconfigured by software commands,” said Antonio Turgeon, chairman and CEO of TechnoConcepts. “We believe that True Software Radio(TM) will be recognized as an industry-changing technology and will be welcomed by the developers of wireless communications devices.”

“Software radio” refers to radios that can be controlled and reconfigured by software commands and that can process radio signals digitally for better performance. However, in today’s wireless devices, only the radio signal processing (information interpretation) can be performed digitally. Wireless transmitters and receivers still utilize conventional analog circuitry based on technology first developed in the early 1900s. The Company’s True Software Radio(TM) technology makes it possible for wireless transmitters and receivers also to be fully controlled and reconfigured by software commands.

The Company’s patented and patent-pending True Software Radio(TM) technology defines the electrical conductivity of semiconductors and how the electrical conductivity is controlled, so that wireless signals are converted directly into digital data by the radio receiver and are converted directly from digital data into wireless signals by the radio transmitter. The Company believes that direct conversion radio technology will replace existing conventional analog transceiver circuitry, providing wireless devices that can operate across different networks and in multiple modes. For example, a True Software Radio(TM) device could be capable of providing cellular and Wi-Fi services simultaneously – then WiMax services could be added later through a simple software upgrade.

TechnoConcepts’ first True Software Radio(TM) chips are specifically designed for cellular base station, automotive, and other applications.

About TechnoConcepts Inc.

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.

More information is available at http://www.technoconcepts.com.

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.

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