RICHARDSON, TX--(MARKET WIRE)--Aug 29, 2008 -- TXP Corporation (OTC BB:TXPO.OB - News), an Original Design Manufacturer (ODM) for the telecommunications industry, today announced that Michael C. Shores, President and Chief Executive Officer, will present at the Kaufman Bros. L.P., 11th Annual Investor Conference at The W Hotel in New York City, on Thursday, September 4, 2008 at 10 a.m. Eastern Time. The presentation will consist of an overview of the company's business, followed by a Q&A session.

The presentation will be broadcast live via the internet and can be accessed from the investor relations section of the company's website: www.txpcorp.com. The replay will be available within one hour of the live presentation and will remain available for 90 days following the conference.

About TXP

TXP is an Original Design Manufacturer (ODM) for the telecommunications industry. Based in Richardson, Texas, TXP has three primary business units: TXP-Prototyping, ONT and Retrofit Solutions. TXP-ONT Solutions develops and markets, via an ODM model, a line of Carrier-Class CPE products including home gateways and the world's broadest independent family of ONT products to both OEMs and ILECs. ONTs are used in FTTH-based services to terminate the passive optical network at the home or business location, and enable integrated voice, video and high-speed internet access. TXP-Retrofit Solutions provides custom engineered kits that enable ILECs to upgrade their local access service delivery infrastructure at minimum cost and time, enabling a wide range of next generation telecom platforms to easily fit into the variety of remote OSP cabinets that have been broadly deployed over the last 30 years. For more information visit: www.txpcorp.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are "forward-looking statements" that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission which may cause actual results, performance and achievements of the company to be materially different from any future results, performance or achievements expressed or implied.

     Media:
     Kevin Tanzillo
     Dux PR
     (903) 865-1078
      
     Investor Relations:
     David K. Waldman / Klea K. Theoharis
     Crescendo Communications
     (212) 671-1020