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  • ASANTE SIGNS DISTRIBUTION AGREEMENT WITH TECH DATA U.S.

    San Jose, California, November 30, 2005 – Asante Networks, Inc. (ASTN.PK), announced today that it has signed a distribution agreement with leading IT products distributor Tech Data Corporation to offer Asante products and solutions to customers across the United States.

    Asante will work closely with Tech Data to create awareness of the benefits for using their products among system integrators and Value Added Resellers (VARs) in the United States.

    “This is a significant contract for Asante,” said John Hwang, CEO of Asante Networks, Inc., a subsidiary of TechnoConcepts, Inc. “With Tech Data, we are engaging one of the world’s largest distributors with the correct channels, VARs (Value Added Resellers) and system integrators for our particular products. We are confident that this agreement should result in significant growth for our revenue in the coming months and years.”

    Additionally, as a subsidiary of TechnoConcepts, Asante is expected to develop exciting products for both wireline and wireless networks. These new products are planned to employ the True Software Radio™ (TSR™) technology being developed by the parent company and are expected to transform the current technology in voice and data communications.

    Asante Networks, Inc., is a leading provider of networking solutions for the small-medium business market (SMB) market. Asante designs, markets and sells a full line of networking solutions that provide its customers with high-performance, reliable and value-based solutions. The company’s IntraCore® and FriendlyNET® product families offer companies a full breadth of products – from the edge to the core of their networks. For additional information visit www.asante.com or call 800-662-9686.

    Founded in 1974, Tech Data Corporation (NASDAQ: TECD) is a leading distributor of IT products, with more than 90,000 customers in over 100 countries. The company's business model enables technology solution providers, manufacturers and publishers to cost-effectively sell to and support end users ranging from small-to-midsize businesses (SMB) to large enterprises. Ranked 110th on the FORTUNE 500 ® , Tech Data generated $19.8 billion in sales for its fiscal year ended January 31, 2005. For more information, visit www.techdata.com.

    About TechnoConcepts, Inc.

    TechnoConcepts, Inc. has developed a technology that enables competing wireless standards to understand each other by incorporating a transmitter/receiver (transceiver) based on a computer chip with TechnoConcepts’ proprietary True Software Radio™ technology to process signals received from the antennae of wireless devices. TechnoConcepts believes that its TSR technology is the first to perform all signal processing via software, rather than by hardware, by converting the received signals immediately from an antenna directly into digital form. When fully commercialized, it is anticipated that this technology will enable cell phone users to enjoy seamless roaming anywhere in the world – police and fire departments will be able to talk to each other regardless of their radio systems – and military forces from allied countries will be able to communicate with each other directly. By enabling direct device-to-device communication, the Company believes that its TSR™ technology is a cost-effective solution that provides a path to convergence and solves the problem of system incompatibility in a highly fragmented and cost sensitive communications environment. The company is present establishing relationships with a number of major wireless communications companies for the use of its technology in military, consumer and industrial applications. More information is available at http://www.technoconcepts.com.

    Safe Harbor Statement under the Private Litigation Reform Act of 1995 – 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 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 providing solutions that meet the needs of customers, difficulty in developing new products, 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 the company’s Annual Report on Form 10K for the fiscal year ended September 30, 2004, filed with the Securities and Exchange Commission, and as subsequently 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: Bev Jedynak
    Martin E. Janis & Company, Inc.
    312-943-1100 ext. 12
    bjedynak@janispr.com

    or

    Corporate Contact:
    Glenn Busch
    818-304-2247

    ###

    Asante, FriendlyNET, and IntraCore are registered trademarks of Asante Networks, Inc. All other names may be trademarks or registered trademarks of their respective owners.

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