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Friday, 04/30/2004 11:13:13 AM

Friday, April 30, 2004 11:13:13 AM

Post# of 8564
Telecommunication Products Acquires 20% Interest of B2 Networks, LLC


Telecommunication Products, Inc. (OTCBB:TCPD)
("Telpro"), a provider of Pay-per-View and Digital Satellite Services,
announced today that it has acquired a 20 percent interest in B2
Networks, LLC, a premier provider of international broadband video
networks, management, distribution and billing systems. Pursuant to a
purchase agreement, Telpro has purchased 20% of B2 Networks, LLC in
exchange for cash and shares of Telpro stock. In addition, the
contract includes an option to further increase this investment up to
49% of total outstanding issued shares in B2 Networks. In partnership
with B2 Networks, Telpro previously announced their plans to market
and deliver digital entertainment and broadband services under the
banner name Hotellinktv.com to its rapidly expanding base of more than
8,000 rooms.
Telpro and B2 Networks will create a strategic position within the
Hospitality and Hotel industry to deliver services that capitalize on
B2 Networks' "state of the art" digital delivery systems and data
centers to Telpro customers.
The alliance will offer and supply wireless point to point (P2P)
local loop internet connections to hospitality and hotel properties
upon existing internal property broadband networks. These wireless
connections will provide the new alliance with a new, expanded digital
network for the supply of new services and entertainment to the hotel
guests using their lap top computers in the rooms.
Secondly, this new digital network access to the hotel rooms will
allow the alliance to deploy the B2 Digital TV Set Top box that will
allow guests to order services such as live sports, events and movies
via a handheld remote on the in room televisions.
B2 Networks and Telpro will capitalize on their existing content
and entertainment distribution contracts to deliver in room
entertainment and services from movies to live sporting events, shows
and distinct genres of entertainment.
B2 Networks provides Telpro with full data center facilities and a
fully customized digital content encryption and delivery solution that
include Transaction Billing, Automated Collections Processing, Digital
Content Management, Full Transaction Audit Trail and Hardware &
Software Systems Management. B2 Networks also offers Telpro access to
their distribution rights to over 25,000 hours of distinct genres of
movies and entertainment that include broadcasts of live sporting
events and shows, on-demand movies, archived sports and genre specific
films.
Robert Russell, CEO of Telpro, stated, "Our investment in B2
Networks represents our confidence in the company and their ability to
deliver operational and marketing synergies to Telpro. Telpro will
benefit from B2's strengths in digital network infrastructure, content
distribution rights, which are scalable, cost-control systems, and can
help us rapidly expand our services and content to hotel rooms the
United States."

About B2 Networks (LLC)

B2 Networks is a premier provider of reliable, scalable and secure
international broadband video networks, management, distribution and
billing systems. B2's core networks, data centers and systems are
currently in use to distribute entertainment, sports and live events
to computer and television screens in hotels and homes around the
world. B2 manages and owns the digital distribution rights to distinct
genres of entertainment, sports and television properties and works
with clients such as Digicast, USA Gymnastics, Lennox Lewis, Oregon
State University, Las Vegas Wranglers, Guest DSL and Telecommunication
Products, Inc. For more information, visit www.b2now.com.

About Telecommunication Products, Inc.

Telecommunication Products, Inc. ("Telpro"), is a provider of
video-on-demand and pay-per-view services to the hospitality industry.
Telpro also currently markets high-speed Internet access products,
including high-end WiFi (wireless fidelity). Telpro is committed to
delivering the next generation of interactive communication services
to its growing database of clients. For additional information, please
see www.tellapro.com or for Investor Relations go to:
http://www.otcfn.com/tcpd.

This press release contains forward-looking statements, involving
risks and uncertainties including statements regarding the Company's
financial performance. Such statements are based on management's
current expectations and are subject to certain factors, risks and
uncertainties that may cause actual results, events and performance to
differ materially from those referred to or implied by such
statements. In addition, actual future results may differ materially
from those anticipated, depending on a variety of factors which
include, but are not limited to, our ability to leverage our
technology, manage our growth, protect our intellectual property
rights, attract new customers and general economic conditions
affecting consumer spending, including uncertainties relating to
global political conditions, such as terrorism and the conflict with
Iraq. Information with respect to important factors that should be
considered is contained in the Company's Annual Report on Form 10-KSB
as filed with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. The Company does
not intend to update any of the forward-looking statements after the
date of this release to conform these statements to actual results or
to changes in its expectations, except as may be required by law.



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