TECHNOCONCEPTS CHOOSES JAZZ SEMICONDUCTOR AS FOUNDRY PARTNER

Company Anticipates Availability of Chips in 2006

VAN NUYS and NEWPORT BEACH, Calif., January 24, 2006 -- TechnoConcepts, Inc. (OTCBB:TCPS) today announced that it has selected Jazz Semiconductor, an independent wafer foundry located in Newport Beach, California, to fabricate True Software Radio® chips.

Antonio Turgeon, chairman of TechnoConcepts, made the announcement noting: "We anticipate the first engineering run of our chips to be complete, with samples available in Summer 2006. This will set the stage for the first full production run for delivery to customers in late 2006 or early 2007."

"Jazz currently offers successive generations of its SiGe BiCMOS process, which supports the features that will facilitate TechnoConcepts' innovative designs as we focus on capturing market share in our next generation products," said Turgeon. Specifically, we will see significant power savings using the Jazz process since ninety-five percent (95%) of the chip will be fabricated in low-power CMOS and only five percent (5%) will utilize the high-performance SiGe, both available on the Jazz SiGe BiCMOS platform process."

TechnoConcepts' True Software Radio is a wireless transmitter/receiver technology that can operate continuously across different frequency bands, controlled entirely by software. With True Software Radio technology, the flexibility to communicate with and among otherwise incompatible wireless devices can be virtually unlimited.

"Jazz is pleased to partner with companies such as TechnoConcepts in introducing innovative products like True Software Radio ," said Marco Racanelli, vice president of technology and engineering, Jazz Semiconductor. "Our process platforms are customizable and can be optimized to leverage the power efficiencies of low power CMOS while enjoying the benefits of high speed, low noise SiGe in a single process technology. These features have been utilized by TechnoConcepts to improve the way wireless signals are transmitted, received and processed."

About TechnoConcepts
TechnoConcepts, Inc. (OTCBB:TCPS) designs, develops and markets semiconductors. The Company has developed and patented the True Software Radio® semiconductor architecture. TechnoConcepts believes that its True Software Radio chip is the only software-controlled wireless receiver-on-a-chip that has been verified to operate continuously across multiple frequency bands. True Software Radio can create actual convergence for the wireless industry, by allowing cell phones, PDAs, laptops, and other mobile devices with different wireless frequencies, standards, and protocols to communicate directly with each other and across otherwise incompatible networks. When deployed, systems incorporating True Software Radio can also provide cost-effective communications interoperability among police, fire departments and other first responders, enabling them to talk to each other regardless of their different radio systems. More information is available at www.technoconcepts.com.

TechnoConcepts Company Contact
Glenn Busch
818/304-2247
gbusch@technoconcepts.com

TechnoConcepts Media Contact
Bev Jedynak
312/943-1100 ext. 12
bjedynak@janispr.com

About Jazz Semiconductor
Jazz Semiconductor is an independent wafer foundry focused primarily on specialty CMOS process technologies, including High Voltage CMOS, SiGe BiCMOS and RFCMOS for the manufacture of highly integrated analog and mixed-signal semiconductor devices. Jazz's executive offices and its U.S. wafer fabrication facilities are located in Newport Beach, California, and its Asian engineering, manufacturing, and sales support is located in Shanghai, China. Jazz has expanded its wafer capacity in China through manufacturing partnerships with Advanced Semiconductor Manufacturing Corporation and Hua Hong NEC Electronics Co., Ltd. Contact Jazz Semiconductor at www.jazzsemi.com.

Jazz Company Contact
Jessica McNaughton
949/435-8086
jessica.mcnaughton@jazzsemi.com

Jazz Media Contact
Lauri Julian
949/715-3049
l.julian@earthlink.net

TechnoConcepts 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 the anticipated availability of products, the 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 in designing and developing new products, difficulties providing solutions that meet the needs of customers, 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 10K for the fiscal year ended September 30, 2005, filed with the Securities and Exchange Commission, and as may subsequently be 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 and True Software Radio are trademarks of TechnoConcepts, Inc. All other product or service names are the property of their respective owners.