NETGEAR LAUNCHES WORLD’S FASTEST DESKTOP NETWORK ATTACHED STORAGE DEVICE

Leveraging the revolutionary ReadyNAS operating system, ReadyNAS 716 features advanced data protection, rapid file transfer and unique capabilities for simultaneous HD streaming

SAN JOSE, California — November 18, 2013 — NETGEAR®, Inc. (NASDAQGM: NTGR) (www.netgear.com), a global networking company that delivers innovative products to consumers, businesses and service providers, today announced ReadyNAS® 716 (RN716X). A 10GE-ready addition to the award-winning ReadyNAS product family (www.netgear.com/readynas), ReadyNAS 716 is the world’s fastest desktop network attached storage (NAS) device. With a maximum capacity of 24TB (up to 84TB with expansion chassis), the six-bay ReadyNAS 716 enables easy storage and extreme throughput for businesses and campus environments supporting up to 500 concurrent users. Providing up to 10GE throughput, ReadyNAS 716 is also the only NAS on the market today capable of simultaneously streaming multiple large uncompressed Blu-ray® files.

Earlier this spring, NETGEAR introduced a new portfolio of ReadyNAS devices, running on the revolutionary ReadyNAS operating system (OS), that delivers high value, high performance storage with enterprise-class features. The custom-built ReadyNAS OS not only protects stored data with X-RAID2® automatic expansion, but also features continuous data protection through unlimited snapshots, easy disaster recovery with cloud-managed replication, and native threat protection with real-time anti-virus. Each NAS device was created with ease-of-use in mind, so business users can confidently centralize, share, and back up all the data on their network.

Every member of the award-winning ReadyNAS product family combines industry-first innovations with unmatched ease-of-use. With the launch of ReadyNAS 716, NETGEAR once again takes features and capabilities previously available only from expensive, large-enterprise vendors and dramatically simplifies deployment and manageability to provide businesses with affordable, dynamic, and reliable storage. With a 10GE line rate on the two built-in 10GBASE-T ports, this newest member of the NAS portfolio also showcases the latest in performance capability related to simultaneous HD video streams.

"When performance matters and you need storage made easy, there’s no better product on the market than the new ReadyNAS 716," said Matt Pahnke, senior product marketing manager for NETGEAR Storage. "We designed ReadyNAS 716 to be the world’s fastest desktop NAS, complete with unmatched data protection features and the ability to stream multiple HD 4K videos simultaneously. So whether you’re streaming a business presentation to clients around the globe or a lecture across a college campus, the ReadyNAS 716 is the only NAS product that has you covered."

ReadyNAS 716 offers the highest performance in the desktop category with 16GB ECC memory — more than any desktop NAS on the market — and features cutting-edge ReadyCLOUD™ technology for cloud-based set-up, provisioning, and full file management from any browser. What’s more, the world’s fastest NAS supports 10GE infrastructures, making it ideal for streaming multiple HD videos concurrently to different media clients – whether it’s 85 streams for a college seminar, 25 streams to a kindergarten class, or three uncompressed Blu-ray files.

"Our goal is to provide our customers with an affordable, high performance, easy-to-use storage solution," said Moisés Izquierdo Blasco, a systems engineer with Ingeniería Informática Interactiva, S.L., headquartered in Barcelona, Spain. "NETGEAR ReadyNAS 716 not only delivers fast, reliable storage, but also makes it easy to stream multiple simultaneous HD video files from everywhere. With ReadyNAS, our customers get a compelling experience without having to invest a ton of money on complex solutions, and can rest easy knowing they have continuous data protection."

ReadyNAS Family Growing by Leaps and Bounds

With the addition of the RN716 model, NETGEAR now has seven innovative product lines in the ReadyNAS family all running on the revolutionary ReadyNAS OS:

  • The ReadyNAS 700 Series (RN716X) is designed for campus and high performance business environments supporting up to 500 concurrent users. It is a six-bay device and is only offered diskless.
  • The ReadyNAS 500 Series (RN516XX) is designed for small to medium-sized business networks supporting up to 250 concurrent users. It is a six-bay device offered as either diskless or populated with drives.
  • The ReadyNAS 300 Series (RN312XX, RN314XX, RN316XX) is optimized for small business networks and remote or branch office needs. It offers two-bay, four-bay, and six-bay desktop models that are either diskless or populated with drives.
  • The entry level ReadyNAS 100 Series (RN102XX, RN104XX) is designed for home use. It comes in two-bay and four-bay desktop models that are offered as either diskless or populated with drives.

In the summer, NETGEAR launched three new ReadyNAS devices for easy rack-mounted deployment, all of which are offered as either diskless or populated with drives:

  • The 12-bay ReadyNAS 4220 is designed for high performance business environments supporting 50 to 500 concurrent users.
  • The 12-bay ReadyNAS 3220 is ideal for supporting 26 to 250 concurrent users.
  • The four-bay ReadyNAS 2120 is perfect for small office environments from five to 25 simultaneous users.

Like other members of the ReadyNAS family, ReadyNAS 716 has a simple-to-use interface. It supports SATA (up to 4TB) and SSD drives, and includes three eSATA expansion ports for scaling capacity as the storage needs of a business grows (up to 84TB). Additional advanced capabilities featured on the NETGEAR ReadyNAS 716 include:

  • Two built-in 10GBASE-T ports
  • VPN quality remote data transfer and management
  • Encrypted remote access
  • Thin or thick provisioned LUNs
  • ReadyDROP™ file synchronization
  • ReadyDLNA™ mobile clients for remote media streaming

Pankhe added: "At NETGEAR, we strive to meet our customers’ needs and that means expanding opportunities for what they can do with their NAS devices to create the best user experience possible. With this in mind, the latest addition to the ReadyNAS family reinforces our commitment to delivering only the most secure, fastest, and innovative storage solutions. Only ReadyNAS combines data protection and performance into one product. That’s the bottom line."

Pricing and Availability

NETGEAR ReadyNAS 716 is now available worldwide through authorized NETGEAR PowerSHIFT™ partners (http://powershift.netgear.com/) and authorized resellers and DMR channels. The MSRP in the U.S. is $4,500, although pricing for the end customer may vary depending on the reseller.

More Information

To learn more about NETGEAR ReadyNAS, please visit www.netgear.com/readynas. Information on the full line of NETGEAR storage solutions for businesses is at http://www.netgear.com/business/products/storage/readynas/readynas-desktop.aspx#tab-models.

About NETGEAR, Inc.

NETGEAR (NASDAQGM: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. For consumers, the company makes high performance, dependable and easy to use home networking, storage and digital media products to connect people with the Internet and their content and devices. For businesses, NETGEAR provides networking, storage and security solutions without the cost and complexity of big IT. The company also supplies top service providers with retail-proven, mobile broadband solutions for their customers on the go. NETGEAR products are built on a variety of proven technologies such as wireless, Ethernet and Powerline, with a focus on reliability and ease-of-use. NETGEAR products are sold in approximately 45,000 retail locations around the globe, and through approximately 39,000 value-added resellers. The company's headquarters are in San Jose, Calif., with additional offices in over 25 countries. NETGEAR is an ENERGY STAR® partner. More information is available at www.NETGEAR.com or by calling (408) 907-8000. Connect with NETGEAR at twitter.com/NETGEAR and www.facebook.com/NETGEAR.

©2013 NETGEAR, Inc. NETGEAR, the NETGEAR logo, PowerSHIFT, ReadyCLOUD, ReadyDLNA, ReadyDROP, ReadyNAS, and XRAID2 are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its subsidiaries in the United States and/or other countries. Blu-ray is a registered trademark of the Blu-ray Disc Association (BDA). Other brand names mentioned herein are for identification purposes only and may be trademarks of their respective holder(s). Information is subject to change without notice. All rights reserved.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.: This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning NETGEAR's business and the expected performance characteristics, specifications, reliability, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; failure of products may under certain circumstances cause permanent loss of end user data; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products; and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

U.S. Media Contact:

Jennifer Kelly, Weber Shandwick for NETGEAR, (415) 262-5935, jkelly@webershandwick.com

U.S. Sales Inquiries: (408) 907-8000, sales@netgear.com

U.S. Customer Inquiries: (888) NETGEAR