Possibly so. The original TCI box on the bike, which is a 2004 model was like that (that is now stored as my spare), marked with the part number only. Maybe that one has 28 degrees max advance built in, too.
As I said, presumably with the advertised 32 degree max advance, this box seems to free up the top end of the rev range; I originally tried it as an experiment, but I've never since taken it off. The bike is now no plodder (actually it will plod, but it can also rev quite high, to the point where the valves will bounce, even though I lightened the rocker arms).