Asante Announces New Network Switch; Advanced Layer 2+ Switch Features Full-wire Speed with Minimized Latency.

SAN JOSE, Calif. -- Asante Networks Inc. (OTC:ASTN) today announced the release of its most advanced, state-of-the-art 2-chip switch solution, the IntraCore 38480. With fully proven network performance, the IntraCore 38480 provides no frame loss and full-wire speed with minimized latency.

The IntraCore 38480 has a high-density port count of 48 10/100/1000 copper ports, plus 4 Combo ports for adding fiber via SFP MiniGBIC module. Designed to be a space-saver in the rack and wiring closet, it can also eliminate cross switch traffic. Boasting an impressive 96-Gigabit switching fabric, the IntraCore 38480 supports full-wire speed on all ports. It has advanced traffic control based on L2-L7 data of incoming frames. The IntraCore 38480 supports jumbo frames up to 9k per frame, best for use with multi-media applications and network storage. With additional features such as CoS and IEEE 802.1p traffic prioritization, applications such as VoIP can pass traffic with minimal latency.

Asante also offers an optional DC backup power supply that ensures continued operation in situations of primary power failure. Used with the backup power supply, the IntraCore 38480 can ensure high productivity and extremely low downtime on mission critical networks.

John Hwang, CEO of Asante Networks, commented, "We expect high demand from our customers for our new product, which replaces the IntraCore 36480. It will provide better performance at more competitive prices. The IntraCore 38480 will be a major revenue producer in the second half of 2006, a must-have item for school and government networks."

The introductory retail price for the IC38480 is approximately $3,599, with shipments planned for Q2 2006.

About Asante Networks Inc.

Asante, based in San Jose, CA, is a leading provider of networking solutions for the small-medium business (SMB) market. Asante designs, markets, and sells a full line of networking solutions that provides high-performance, reliable, and value-based solutions. The company's IntraCore(R) and FriendlyNET(R) product families offer a full breadth of products - from the edge to the core of networks that integrate voice, data, and video over wireless and wired networks with unified management and authentication. Asante Networks is a subsidiary of TechnoConcepts Inc. (OTCBB:TCPS), a fabless semiconductor company specializing in wireless communications and networks. For additional information, visit www.asante.com or call 800-662-9686.

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 Asante's TechnoConcepts' business, please refer to the TechnoConcepts' Annual Report on Form 10K for the fiscal year ended September 30, 2005, filed with the Securities & Exchange Commission, and as may subsequently be amended. The companies assume no obligation to update any forward-looking statement contained in this press release or with respect to the announcements described herein.