NETGEAR Simplifies Mobile Access, Raises Performance and Takes Pricing Leadership in Consumer Storage
The ReadyNAS Ultra family now supports mobile apps for Apple iOS and Android devices, is more than 50 percent faster and costs as much as $250 less
SAN JOSE, Calif. – May 31, 2011 — NETGEAR®, Inc. (NASDAQGM: NTGR),a global networking company that delivers innovative products to consumers, businesses and service providers, today announced three new enhancements to the ReadyNAS® Ultra family of high-performance storage systems. First, new mobile apps connect smartphones and tablets to ReadyNAS Ultra systems. Second, new firmware increases performance by as much as 50 percent. Third, new pricing brings affordable Intel-powered platforms to home users for the first time.
Two new ReadyNAS Remote mobile apps seamlessly extend stored digital content to Apple iOS and Android mobile devices. This "private cloud" enables easy connections from mobile platforms to personal music, movies, photos and files stored at home. ReadyNAS users may download, upload, view and edit their content securely from across town or across the globe.
The new RAIDiator firmware version 4.2.17 increases high-definition (HD) video playback and transfer speeds by more than 50 percent in Intel® NAS Performance Toolkit testing. In addition, support for the latest 3-terabyte hard drives delivers the highest possible storage capacity.
Prices have now been lowered across the product line, shattering traditional price/performance barriers. Power users can bring Intel Atom-powered storage systems into home networks at the lowest cost ever.
Glenn Palome, a ReadyNAS owner in Holiday, Fla., uses the new Android mobile app to access files stored on his ReadyNAS system from his DROID phone and XOOM tablet. "It's as easy as opening the app and signing into ReadyNAS Remote," says Palome. "I store photos, documents and videos on my ReadyNAS and they all download to my mobile devices quickly and easily."
"Consumer NAS with remote mobile client access will continue to be an important on-premise alternative to cloud services, catering to consumers who don't trust cloud services because of security issues or don't want to add another layer of management complexity," said Pushan Rinnen, Research Director in the Data Systems Group at Gartner, Inc. "Leaders in the consumer NAS market will be those who continue to add features that keep pace with changing consumer behavior."
"Global mobile application sales grew 160 percent year-over-year. NETGEAR is committed to meeting consumer demands for remote access and home media application performance." said Tiffany Pham, Product Line Manager for Consumer Storage. "Gartner recently ranked NETGEAR as the worldwide leader in sub-$5000 storage systems based on revenue1, and the ReadyNAS Ultra Family continues to bring mobility and performance at the best price on the market."
Pricing and Availability
The new pricing for NETGEAR ReadyNAS Ultra and ReadyNAS Ultra Plus systems, effective immediately:
|NETGEAR ReadyNAS Ultra and Ultra Plus
|RNDU2000 - $299 RNDP200U - $399
|RNDU4000 - $549 RNDP400U - $599
|RNDU6000 - $799 RNDP600U - $899
|RNDU2120 - $399
|RNDU2220 - $499
|RNDU4220 - $749
|RNDU6320 - $1099
The ReadyNAS Remote mobile app is available now for $2.99 in the iTunes Store and the Android Market.
To learn more about NETGEAR ReadyNAS Ultra and ReadyNAS Ultra Plus storage, please visithttp://netgear.com/landing/ultra/ultra.aspx.
To learn more about the ReadyNAS Remote app for Apple iOS, please visit http://www.readynas.com/?page_id=4401.
To learn more about the ReadyNAS Remote app for Android, please visit http://www.readynas.com/index.php?s=readynas+remote+android+app.
1 "Market Share: Network-Attached Storage/Unified Storage, Worldwide, 2010," Gartner, Inc., March 2011
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, whole home solutions for their customers. 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 28,000 retail locations around the globe, and through more than 37,000 value-added resellers. The company's headquarters are in San Jose, Calif., with additional offices in 25 countries. More information is available at http://www.NETGEAR.com or by calling (408) 907-8000. Connect with NETGEAR athttp://twitter.com/NETGEAR and http://www.facebook.com/NETGEAR.
©2011 NETGEAR, Inc. NETGEAR, the NETGEAR logo, and ReadyNAS are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. 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, including, but not limited to, those risks and uncertainties listed in the section entitled "Part II - Item 1A. Risk Factors," pages 35 through 51, in the Company's quarterly report on Form 10-Q for the fiscal quarter ended April 3, 2011, filed with the Securities and Exchange Commission on May 10, 2011. 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.
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