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TechnoConcepts Inc. / Miscellaneous

13.06.2007

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.
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Technoconcepts Becomes Terocelo(TM) Inc.

Name Reflects Company's Transition from R & D to Product-Driven Company

True Software Radio Chip Line to Be Branded Lycon(TM)


Van Nuys, CA (June 13, 2007) - TechnoConcepts, Inc., announced today that
it has now officially commenced doing business as Terocelo Inc., marking
the transition of the company from a research and development focused
organization to a consumer, product and market-driven company. As part of
the launch, the company unveiled its new corporate website at
www.terocelo.com.

'To understand our new name is to understand our purpose,' said Antonio
Turgeon, chairman and CEO of the company. 'The communications marketplace
is dynamic and ever-changing, requiring a commitment to innovation.
Although we will continue to research, design and develop new technologies
for tomorrow's needs, we need to focus on servicing today's. It is a new
era with the launch of the Lycon(TM) line of chipsets that contain the True
Software Radio(TM) patented technology.'

According to Turgeon, the name Terocelo(TM) came from the universal auxiliary
language created by L.L. Zomeroff. True Software Radio(TM) is a
communications Esperanto, which means that the company's solutions provide
user networks and consumer devices the ability to speak and understand any
language (protocol). 'Terocelo connects two Esperanto words: tero,
meaning earth, and cello, meaning aim, goal or purpose. Therefore Terocelo
means world goal, and that reflects our corporate objective to be a
disruptive technology that can become the new standard in the delivery of
wireless telecom services, providing to the end-consumer unity by
connecting him or her to anyone, anywhere via their handset and so
providing true freedom and mobility.'

Turgeon noted that the company determined the Lycon(TM) name was appropriate
for its line of chips that incorporate True Software Radio(TM). 'We derived
Lycon(TM) from the phonetic spelling of a Chinese word and converting it to
English. We believe Lycon(TM) means to interpret from a single point of view.
Our Lycon(TM) family of products will interpret signals and translate them so
that they are converted into usable bits and bytes.'

'To assist with the development of a new corporate name, and product family
line we engaged with XCELARTS, LLC, a branding firm in Austin, Texas, to
develop our new name. XCELARTS was fresh off of two high profile naming
projects and still dove in with its dynamic team of determined creative and
linguistic gurus to create our outstanding package that included naming and
corporate identity,' said Douglas Morrison, VP of Sales and Marketing.

The company said that its trading symbol will remain the same for the
foreseeable future.


About Terocelo Inc.
TechnoConcepts Inc. (OTCBB:TCPS) does business as Terocelo Inc.. Terocelo
is in the business of designing, developing, licensing and marketing
technology focused in the communications marketplace. Terocelo is
positioned in the high-growth, wireless communication market having
developed breakthrough, disruptive technologies. These technologies can be
integrated into many high-volume commercial markets, including cell phone,
automotive, base station, Femto/Pico Cell, and First Responder markets.

The company has developed and patented True Software Radio(TM), a proprietary
technology that creates convergence for the wireless industry. True
Software Radio(TM) has produced the Lycon(TM) family of wireless
transmitter-receiver chipsets, 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. Lycon(TM) 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 Lycon(TM) and
True Software Radio(TM) are ideal platforms 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.terocelo.com.

About Xcelarts
XCELARTS, a brand design firm based in Austin, Texas, has been molding
imaginative solutions for their clients since 2001. XCELARTS is experienced
in all areas of communication: design, strategic marketing and especially
creativity. They have global experience. XCELARTS works primarily with
high-tech companies and has produced brands and marketing materials used
around the globe. They're innovative. In a world cluttered with
advertising, they believe that cunning ideas and creative ways of
connecting with people is crucial if not mandatory. They're problem
solvers. Although they are well versed in traditional means of advertising
and marketing strategies, they are not locked in to that and know that
anything is possible. For more information, call (512)-474-9700, or email
mary_m@xcelarts.com.
Visit their website at: www.xcelarts.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.
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 13.06.2007
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