ASANTE INTRODUCES NEW ROUTING SWITCH
Flagship Product Increases Data Flow, Security, and Network Efficiency
San Jose, California, April 4, 2006 – Asante Networks, (OTCPK:ASTN), a leading provider of networking solutions for the small-medium business (SMB) market, today announced the release of the company’s Next Generation Flagship Product, the Asante IntraCore 36524 Layer 3 routing switch. This high-performance Layer 3 routing switch, optimized for business and campus LAN or intranet, provides both wire speed Ethernet routing and switching services. The IntraCore 36524 can route the traffic between isolated subnets, increasing network throughput, as well as security and efficiency.
The IntraCore 36524 routing switch supports a variety of Layer 3 routing protocols and Layer 4 features, allowing it to look deeper into the packets to perform smart filtering functions. It also has advanced traffic control, based on L2-L7 data of incoming frames.
With 24 ports, the Asante IntraCore 36524 routing switch has a higher port density count than its predecessor, the IntraCore 35516. As a result, network administrators can divide the network into more network segments. Each segment, therefore, can provide more bandwidth with less network traffic congestion.
Also available at release of the IntraCore 36524, Asante offers an optional DC backup power supply that ensures continued operation in situations of primary power failure. Used wi th an emergency power supply the IntraCore 3 6524 can ensure high productivity and extremely low downtime on mission critical networks.
Bina Patel , Vice President of Sales/Marketing, commented, “ Asante sold many IC35516-T routing switches to schools and to the US Navy. We believe this new product will be even more successful. The IntraCore 36524 inherits all the software features of the IC35516-T, with a higher port count and mini-GBIC / SFP instead of GBIC.”
The introductory retail price for the Asante IntraCore 36524 Layer 3 routing switch is approximately $2,990, with shipments planned to begin in Q2 2006.
About Asante Networks Inc.
Asante Networks, 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® and FriendlyNET® 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 and TechnoConcepts' business, please refer to 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 company assumes no obligation to update any forward-looking statement contained in this press release or with respect to the announcements described herein.
Contact Information:
Asante Networks, Inc.
Amy Ruffalo, Martin E. Janis & Company, Inc., 312-943-1100 ext. 15
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Asante, FriendlyNET, and IntraCore are registered trademarks of Asante Networks, Inc. All other names may be trademarks or registered trademarks of their respective owners.