TechnoConcepts Licenses ANT Fresco for China Jinshilin Techno's IPTV Set-Top Boxes
First 100,000 Units to be sold in China, Taiwan and Japan
Van Nuys, CA. 14 July, 2006
TechnoConcepts Inc. (OTCBB:TCPS) today announced that it has licensed ANT Software Limited's (AIM:ANTP) browser solution for use in the IPTV set-top box manufactured by its subsidiary, China Jinshlin Techno Ltd. ("Jinshilin"). IPTV set-top boxes provide delivery of digital television programming received from the Internet to conventional television sets.
Jinshilin anticipates shipping more than 100,000 units by the end of this calendar year in China, Taiwan and Japan, generating revenue in excess of $15 million (US). The IPTV set-top box market is rapidly expanding in Asia, with industry analysts projecting sales for China alone of between 20 million to 50 million units in 2006, growing to 60 million to 100 million units by the end of 2007.
ANT is the market leading provider of software and solutions for IPTV, hybrid TV and digital home products. ANT's IPTV browser solution is one of the industry's most reliable and robust embedded browsers, specifically developed for user interface and content rendering requirements of TVs, STBs, DVD players and other consumer electronics and industrial appliances.
About TechnoConcepts
TechnoConcepts Inc. (OTCBB:TCPS) designs, develops and markets semiconductors. The Company has developed and patented True Software Radio™, a demonstrated technology that creates convergence for the wireless industry. True Software Radio™ chipsets can 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 the use of multiple radio chips. True Software Radio™ 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™ is the best platform for wireless product manufacturers to develop new wireless broadband, mobile data, cellular, and other next-generation wireless applications.
About China Jinshilin Techno Ltd.
China Jinshlin Techno Ltd. ("Jinshilin") is TechnoConcepts' subsidiary based in Shanghai, China, providing marketing, sales and technical support for True Software Radio™ technology in China. Jinshilin also develops new technology and manufactures products for Internet Television (IPTV), Stream Media Protocol Processing, and Broadcasting Software for IPTV-STB, and IPTV set-top-boxes providing On-Line Family Real Time Payment Service. Jinshilin expects to incorporate True Software Radio™ in its next generation of wireless IPTV set-top boxes.
About ANT Software Limited
ANT plc (www.antplc.com) is a leading provider of digital TV client and consumer electronic software solutions. ANT's unique client solutions allow robust and consistent delivery of digital-media, user interfaces, interactive services and applications to the TV and portable media devices. ANT enables service providers to efficiently create and deploy successful solutions to the market that deliver high value and clear differentiation.
ANT's products are pre-integrated with many industry-leading solutions and are based upon open standards, enabling low-risk, cost-effective roll-out of services, while ensuring flexible client hardware choice with efficient bill of materials. ANT software has been extensively deployed by customers throughout the world including Chunghwa Telecom, Foxconn, France Telecom, Humax, LG/Nortel, Philips, Sagem, Samsung, SaskTel, Telecom Italia and Thomson.
ANT plc's shares are listed on AIM, a London Stock Exchange regulated market, under the ticker ANTP (Reuters: ANTP.L, Bloomberg: ANTP.LN).
Trademarks
ANT, the ANT logo, Galio, Fresco and PurePlay are all trademarks or registered trademarks of ANT Software Limited. All other brand and product names are trademarks or registered trademarks of their respective owners.
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