Asante receives first order from
Partners in Europe, the Pan European Repping leader in the
market place.
San Jose, California, September 5, 2007 – Asante Networks, today announced the release of their first
series of new networking cameras and network video servers.
Asante’s enterprise, Small-to-Medium (SMB) and Small Office/Home
Office (SOHO) technologies bring networking and security
solutions to the market. The NetCam is using a SONY CCD sensor
with world-leading MPEG-4 and MJPEG encoder technology.
Partners in Europe (PIE)
will provide the sales infrastructure necessary to bring
Asante’s networking cameras to a multi language European
customer base. PIE is a Pan European Sales company with its own
Direct Sales force covering all of Europe. The Company was
established in 1993 and has been responsible for major European
sales success stories for its US Clients. Partners in Europe
sell to all of the major European Retailers, E Tailers, & VAR/VAD
Channel. In addition to sales, PIE can ship products directly
to its customers from their 50,000 sq foot facility. PIE also
provides Pan European Multilingual Customer service support for
its customers.
PIE is a critical
element in Asante Network’s campaign to successfully penetrate
and capture a significant market share in the European Market.
PIE’s sales, logistical, and support services will be essential
to the initial and ongoing marketing successes.
The NetCam 8001 is a combined network camera and pan-tilt
device. It plugs directly into an Ethernet network and delivers
clear and sharp surveillance video/images to any Internet
browser via Ethernet or IP network.
Other benefits of the unit are the pan, tilt, digital zoom,
wireless, power over Ethernet, motion detection, numerous ways
to record images and review images. The NetCam is a true
plug-n-play device and very easy to install.
“Growth
of the worldwide video surveillance market is predicted to
explode from US $4.9b in 2007 to more than US $9b in 2011
according to Market research firm iSuppli Corp., in an article
published in EE Times Online on March 20, 2007.
Our Asante networking cameras fit right into this market
segment, and we believe it can become a dominant player in this
market space,” said Bina Patel, Asante Network’s VP of Sales and
Marketing. “The European market needs quality products that
provide price/performance benefits. We believe that there are
significant revenue opportunities for Asante in Europe.”
The cameras will be available from Partners
in Europe in mid September, and interested buyers can obtain
additional information at www.asante.com.
About Asante Networks Inc.
Asante Networks (Pink Sheet:ASNT.PK), based in San Jose, CA, is
a leading provider of networking solutions for the small-medium
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.
About Partners in Europe
Partners in
Europe (PIE)
www.pie.ie is a privately held company that works with
international businesses to develop and support European
markets.Partners
in Europe, ( PIE) was the Pioneer of European Repping when the
company was founded by four entrepreneurs sitting around a ping
pong table in Waterloo Belgium in 1993. The company has evolved
since those early days & over the last 14 years, PIE has brought
major sales/support successes for Worldwide companies in the
European market. As a result of PIE’s huge success in the
European market, the company in 2006 decided to set up a Pan
European Distribution company. With its 14 years experience in
sourcing unique, high margin products for major retailers,
etailers and resellers channels across Europe, the company felt
it was time to set up direct relationships with its customers
and deliver to them a multitude of Value Add. Part of this Value
Add is, Experienced Key Account Managers, Local European
stocking in its 50,000 sq foot warehouse, Local Customer Service
Support, Listening and understanding the customers requirements,
Financial support services. In addition to being a winner in the
European market, PIE also has a lot of experience working with
Worldwide Manufactures. PIE is able to learn and understand the
Manufacturer’s Domestic success and they are able to import this
into the European market in a way that the local buyer
understands. This is a key ingredient of Pie’s success to date.
PIE sells into various Market segments, an example of some of
these segments are, Consumer Electronics, OEM, Mass Market,
Security, Automotive, DIY, Gaming, Home Theatre, Health Care,
IT, Sports and Outdoors, Audio Visual, Environmental, Airlines,
Buying Groups, Independents and Etailers.
Kieran Sheahan CEO of Partners in Europe stated that he is
delighted to be working with Asante in helping them develop
sales in the European market. Asante’s exciting range of network
cameras will present PIE the opportunity to bring these products
to the European buyers.
In each of the last three years Partners in Europe have received
the Deloitte Fast 50 Award for being one of the fastest Top 50
growing electronic companies in Ireland.
Media:
Martin E.
Janis & Company, Inc.
Beverly Jedynak, 312-943-1100 ext. 12
President
bjedynak@janispr.com
For more information, contact.Contact
Information:
Partners
in Europe
Kieran Sheahan
Kieran.sheahan@pie.ie
tel no: +353 (0)61 702012
www.pie.ie
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 networking 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, 2006, filed with the
Securities & 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.