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             Asante Announces Second Quarter 2003 Operating Results

Corporate Contact:

Anthony Contos
Asante Technologies, Inc.
Phone:   408-435-8401 Ext.388
Fax:     408-894-0526
Email:  ir@asante.com


SAN JOSE, Calif., April 30, 2003 - Asante Technologies,  Inc. (NASDAQ:  ASNT.OB)
today  announced  results  for the second  quarter of fiscal  2003.  The Company
reported  sales of $2.6 million for the quarter ended March 29, 2003,  down from
$4.0  million for the same period  last year.  The Company  posted a net loss of
$0.8 million,  or $0.07 per share,  compared to a net loss of $0.5  million,  or
$0.05 per share,  in the second fiscal quarter of 2002. The decline in sales was
due  primarily  to the current  economic  slowdown,  a reduction of sales in the
distributor  channel,  and sharp  reductions  in average  selling  prices due to
several factors including reduced channel demand due to the  then-impending  war
in Iraq, and seasonally weaker sales in the second quarter.

Sales  totaled  $6.4 million for the first six months of fiscal 2003, a decrease
of 18 percent  compared  with $7.8  million for the same period a year ago.  The
Company  reported  a net loss for the  first six  months of fiscal  2003 of $1.0
million, or $0.11 per share,  compared to net loss of $1.2 million, or $0.12 per
share, a year ago.

During the quarter,  the Company  completed  the  introduction  of its family of
unmanaged  Gigabit  switches,  and  introduced  its  first  high-end  Layer  3/4
high-port  count  Gigabit  switch  offering  powerful  Quality of Service  (QOS)
features and support for Jumbo frames. These introductions provide solutions for
a majority of  customers  from the backbone of a network to the desktop and home
office.  However,  sales of the Company's products were negatively impacted by a
reduction of revenues in the industry  affecting the distribution  channel,  and
budget  cuts in  education  causing a delay in  purchasing  by many  educational
institutions.

"I am disappointed  with the results.  However,  the Company  currently offers a
great  end-to-end  solution  for a large  portion of  customers at a good value,
which is very  attractive.  Additionally,  we have seen a lot of interest in our
new Gigabit  products  and feel we are well  positioned  in this  segment of the
market,"   stated  Wilson  Wong,   Asante's   Chairman,   President,   and  CEO.
"Additionally,  we have been  successful  with the majority of our current major
direct accounts in strengthening our ties, and taking steps to move forward with
new projects and mutual collaboration in several areas."

"Until we see anticipated improvement in this economy, the Company will continue
to make moves to improve  operational  efficiencies,  improve  effectiveness and
seek strategic  partners to




enable the company to increase market  awareness.  We believe  competition  will
remain  strong during this  prolonged  downturn and plan to use our strengths to
improve our results and increase sales to key accounts and channels,"  concluded
Wong.

About Asante

Asante is a leading supplier of network connectivity  products for Macs and PCs.
The Company's  FriendlyNET(R)  products simplify networking and provide Internet
access for small offices/home offices and education (K-12 and universities). The
Company's  IntraCore  products  support  multi-service  applications  for  large
enterprises.  For  additional  information  telephone  (408)  435-8388  or visit
Asante's Worldwide Web address at: http://www.asante.com.

                                     * * * *

This press release  contains  forward-looking  statements  within the meaning of
Section 27A of the  Securities  Act of 1933, as amended,  and Section 21E of the
Securities Exchange Act of 1934, as amended.  These  forward-looking  statements
are subject to certain risks and  uncertainties  that could cause actual results
to differ materially from historical results or anticipated  results,  including
those  risks  set forth  under the  caption  "Business  Risks" in  "Management's
Discussion and Analysis of Financial Condition and Results of Operations" of the
Company's  Annual Report on Form 10-K for the year ended  September 28, 2002 and
in the  Company's  Quarterly  Reports on Form 10-Q and other  reports filed from
time to time with the Securities and Exchange Commission. Such risks include the
Company's potential need for additional financing,  and the Company's ability to
attract and retain qualified personnel,  competition,  and technological change.
Readers should carefully  review the risk factors  described in such reports and
other  filings  made by the Company  from time to time with the  Securities  and
Exchange Commission.