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TechnoConcepts Inc. Announces True Software Radio ™ Test Chips in CMOS 90nm, a Key Milestone for Reconfigurable Chip
TechnoConcepts Inc. / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- TechnoConcepts Inc. Announces True Software Radio ™ Test Chips in CMOS 90nm, a Key Milestone for Reconfigurable Chip VAN NUYS, Calif.-- May 22, 2007 TechnoConcepts, Inc., (OTCBB: TCPS, Frankfurt: UYE), a leader in software radio technology for wireless applications today announced an important milestone in the implementation of reconfigurable radio for high volume commercial markets. The company has been successful in implementing its advanced radio technologies, such as the bank select filters and wideband low noise amplifiers, onto TSMC’s (Taiwan Semiconductor Manufacturing Company) CMOS 90nm semiconductor technology. These leading edge filter and amplifier circuits are some of the critical pieces that enable end devices such as wireless handsets, laptops, infrastructure, and in allied segments such as automotive infotainment systems to be reconfigured by software control. This provides forward compatibility with future standards, with lower power requirements with an overall cost savings. This implementation is also a key milestone in the company’s pursuit of software radio in advanced CMOS processes such as 65nm and beyond. According to Chun Lee, VP of Engineering at the company, 'The industry has been evaluating software radio for the last decade due to the rapidly changing standards, protocols, and applications that characterize the wireless communications and entertainment markets. With this milestone, TechnoConcepts has taken an important step in realizing the considerable advantages of software reconfigurability, but with the added benefit of low power consumption, through its implementation in leading-edge CMOS technologies.' About TechnoConcepts TechnoConcepts designs, develops and markets semiconductors for wireless communications. The company has developed and patented True Software Radio®, a proprietary technology that creates convergence for the wireless industry. True Software Radio® chipsets are designed to enable cell phones, PDAs, laptops, and infrastructure with different radio frequencies, standards, and protocols to adjust by software command so that they can communicate across otherwise incompatible networks, without the need for multiple radios. True Software Radio® chipsets replace the front end, I/F processing, ADC, and digital filtering sections of radios. Because the technology simplifies design and reduces component costs, the company believes that True Software Radio® 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 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 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-KSB for the fiscal year ended September 30, 2006, filed with the Securities and Exchange Commission, and as subsequently amended. The company assumes no obligation to update any forward-looking statement contained in this press release or with respect to the announcements described herein. TechnoConcepts Contact Information Wolfe Axelrod Weinberger Associates, LLC Investors: Donald C. Weinberger, 212-370-4500 Managing Member don@wolfeaxelrod.com or Martin E. Janis & Company, Inc. Media: Beverly Jedynak, 312-943-1100 ext. 12 President bjedynak@janispr.com DGAP 25.05.2007 ----------------------------------------------------------------------
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