TechnoConcepts at Next Generation Mobile Networks Conference in Frankfurt

VAN NUYS, Calif.--June 1, 2006--TechnoConcepts, Inc. (OTCBB:TCPS), developers of the first RF to digital one-step chip, today announced that chairman Antonio Turgeon has been invited to attend the Next Generation Mobile Networks Conference in Frankfort, Germany on June 6, 2006. The conference brings together top European telecommunication executives, including CTOs from such companies as KPN Mobile N.V., Orange SA, Sprint Nextel Corporation, T-Mobile International AG & CO KG and Vodafone Group PLC who have been working in close cooperation to create a common vision for the next generation of mobile networks.

Mr. Turgeon is expected to engage in discussions with these key service providers about leveraging the commercial opportunities of converged services and choosing the optimum migration strategy to ensure a smooth and profitable transition to Next Generation Networks. This event provides telecommunication network operators and wireless service providers with an opportunity to learn how their peers from all over the world are meeting the challenges of deciding how and when to migrate to Next Generation Networks, how operating expenses will be impacted, and how next-generation services are being rolled out over Next Generation Networks, going beyond High Speed Wireless Broadband and 3G wireless Internet networks.

"Fixed and mobile service providers and network operators have indicated that they believe they must migrate to Next Generation Networks or risk being left behind, so it is vital that the right decisions are made now. The revenue opportunities are tremendous, but only if the migration to Next Generation Networking is handled correctly. TechnoConcepts' direct conversion RF/D(TM) technology offers over all lower cost and a simpler migration path," said Turgeon.

About TechnoConcepts

TechnoConcepts Inc. (OTCBB:TCPS) designs, develops and markets semiconductors. The Company has developed and patented True Software Radio(TM), a demonstrated technology that creates convergence for the wireless industry. True Software Radio(TM) can enable cell phones, PDAs, laptops, and other mobile devices with different radio frequencies, standards, and protocols to adjust by software command so that they can communicate directly with each other, across otherwise incompatible networks. When deployed, systems incorporating this technology can provide cost-effective communications interoperability among police, fire departments and other first responders, enabling them to talk to each other regardless of their different radio systems. The technology can also enable global roaming for cell phone users without having to change handsets. TechnoConcepts believes that True Software Radio(TM) is the only software-controlled wireless technology that has been verified to operate continuously across multiple frequency bands.

TechnoConcepts' subsidiary, Asante Networks Inc. (OTC:ASTN) is a leading provider of networking solutions for the small-medium business and education markets. Asante designs, markets and sells a full line of networking products that provide high-performance, reliable and value-based solutions.

More information is available at http://www.technoconcepts.com and http://www.asante.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 detail discussion of the risks and uncertainties of TechnoConcepts' business, please refer to the company's Annual Report on Form 10K for the fiscal year ended September 30, 2005, 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.