Terocelo Inc.
TechnoConcepts Inc.: TECHNOCONCEPTS GROUND-BREAKING CHIPS ENTER COMMERCIAL PHASE
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The issuer is solely responsible for the content of this announcement.
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TECHNOCONCEPTS GROUND-BREAKING CHIPS ENTER COMMERCIAL PHASE
Van Nuys, CA (Date) – 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.
Contact:
Martin E. Janis & Company, Inc.
Beverly Jedynak, 312-943-1100 ext. 12
bjedynak@janispr.com
(c)DGAP 30.11.2006
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