SOURCE: Wall Street News Alert

April 12, 2006 09:48 ET

Stock Watch: Emerging Public Company Announces Release of Its Most Advanced New Network Switch! April 12, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- April 12, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Asante Networks Inc. (OTC: ASTN), Nortel (NYSE: NT) and Micron Technology, Inc. (NYSE: MU).

Asante Networks Inc. (OTC: ASTN) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, which designs, markets, and sells a full line of networking solutions that provides high-performance, reliable, and value-based solutions, issued a press release announcing the release of its most advanced, state-of-the-art 2-chip switch solution, the IntraCore 38480.

News of the new network switch should get the attention of investors! With fully proven network performance, the IntraCore 38480 provides no frame loss and full-wire speed with minimized latency. 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.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Asante 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."

Prior to the latest press release, the stock closed yesterday at Seventy-Two cents a share.

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In case you are not familiar with the company: 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® 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., a fabless semiconductor company specializing in wireless communications and networks.

Nortel (NYSE: NT) down 4% on 38.8 million shares traded.

Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information.

Micron Technology, Inc. (NYSE: MU) up 1.2% on 17.3 million shares traded.

Micron Technology, Inc. is one of the leading providers of advanced semiconductor solutions.


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