TechnoConcepts, Inc. Announces Appointment of Richard A. Hahn as Chief Operating Officer.VAN NUYS, Calif. -- TechnoConcepts, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TCPS TCPS Tissue Culture Polystyrene TCPS Transportable Collective Protection Shelter TCPS Telemetry and Command Processing System TCPS Tcp for Ssl ), today announced that it has appointed Mr. Richard A. Hahn as its Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (COO). Mr. Hahn has more than 40 years of experience in management and as a consultant to companies ranging in size from start-ups to Fortune 100. Mr. Hahn was most recently the founder and General Partner of Enterprise Connections, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a consulting concern for start-up to intermediate size companies, offering various services including access to capital sources. His background includes sales management and executive positions for many technology companies, including IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Datapoint, Pertec, Vector Graphic, and International Meta Systems. Mr. Hahn has also served as President and Chief Executive Officer of Broadband TelCom Power, Inc., a distributor of custom power supplies, Thin Film Battery, Inc., a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. involved in thin film battery research and development, and of Fingraph Corporation, a computer graphics software concern. Mr. Hahn also served on the board of directors of several high technology companies and managed numerous private placements and venture financings. Mr. Hahn also developed key management contacts in major U.S. companies as well as working relationships with manufacturing, technical, and business firms in China and Korea. Mr. Hahn is a graduate of the University of Notre Dame, with a B.S. degree in Business Administration, and was a commissioned officer in the United States Marine Corps United States Marine Corps (USMC) Separate military service within the U.S. Department of the Navy (see U.S. Navy), charged with providing marine troops for seizure and defense of advanced bases and with conducting operations on land and in the air in connection with where he attained the rank of Captain. Antonio E. Turgeon, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "I am pleased to welcome Richard to the TechnoConcepts team as our new COO. Richard has vast experience developing high technology companies into burgeoning ones. His broad reach of relationships, especially in China and Korea, are a perfect fit for our Company especially as we prepare to commercialize our proprietary technology, True Software Radio[TM], into consumer, industrial and military applications." 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 I/F Interface I/F Intermediate Frequency I/F Intermediate/Field I/F incident solar flux processing, ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. , 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. TechnoConcepts' subsidiary, Asante Networks Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : ASTN ASTN Automatic Switched Transport Network (optical networks) ASTN Automatically Switched Transport Network (ITU-T) ASTN Automotive Satellite Television Network ASTN Astern ASTN Astronomic ) is a leading provider of networking solutions for the small-to-medium business and education markets. Asante designs, markets and sells a full line of networking products that provide high-performance, reliable and value-based solutions. More information is available at www.technoconcepts.com. Safe Harbor Statement under the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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 detail discussion of the risks and uncertainties of TechnoConcepts' business, please refer to the company's Annual Report on Form 10K 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion