CLose. But not quite a Technium..

Okay fellas it's been SOLVED. It is a Raleigh MT500 from 1994, only one year of manufacture.
See details here:

http://www.bikepedia.com/quickbike/B...0#.UkZR8Vfdd8G

Photos are online- originally painted quite, uh.... 80-90's goofy.