NETGEAR AND GLOBAL WIRELESS TECHNOLOGIES COLLABORATE TO STRENGTHEN MOBILE BROADBAND OFFERINGS WITH BREAKTHROUGH TECHNOLOGY
NETGEAR 4G LTE relay and small cell technologies address market challenges and demands
SAN JOSE, Calif. — February 19, 2013 — NETGEAR®, Inc. (NASDAQGM: NTGR) (www.netgear.com), a global networking company that delivers innovative products to consumers, businesses and service providers, announced today that it has teamed up with Global Wireless Technologies (GWT) (www.globalwirelesstech.com), a global organization specializing in relay and small cell technology for 3G and 4G LTE. GWT will bolster NETGEAR’s mobile broadband capabilities with the addition of enhanced relay and small cell technologies, enabling service providers to offer robust solutions to customers that rely on mobile broadband for voice and data services. NETGEAR will be showcasing its solutions for mobile operators in Hall 5, Stand 5102 of the Mobile World Congress trade show taking place February 25-28 in Barcelona, Spain.
“Mobile broadband will continue to grow; 4G and LTE solutions —whether VoLTE, cloud, or otherwise— are critical technologies for service providers and their customers, and it will be vital to deliver highly integrated and cost-effective solutions,” said Richard Webb, wireless analyst at Infonetics Research (www.infonetics.com).
As the 4G LTE industry advances, so will the challenge of eliminating areas of shallow coverage. Mobile relays provide a simplified solution to coverage problems by using technology that boosts 3G/4G coverage and capacity. NETGEAR and GWT’s highly competitive design avoids noise degradation to macro networks while increasing throughput and coverage. GWT’s tiered approach provides home, small business and enterprise markets with a uniquely scalable and elegant relay solution than those currently available. NETGEAR’s product platform with GWT’s disruptive relay technology will create easy-to-install, reliable solutions with best-in-class performance that will improve mobile coverage for service providers’ customers.
“Service providers have a challenge and an opportunity to provide their customers with better solutions that meet their usage needs. With NETGEAR and GWT’s collaborative efforts, service providers will be able to offer their customers better, more reliable mobile broadband coverage and capacity than ever before. We’re excited to team up with GWT and look forward to the roll out of enhanced solutions in 2013,” said Robert Mackinnon, NETGEAR product line manager for mobile broadband.
“We are pleased to be working with NETGEAR to develop products that successfully address the technology challenges posed by the rapid migration to 4G LTE. NETGEAR’s broad product portfolio, customer base, world class development and logistics capabilities will enable accelerated market adoption of GWT’s disruptive relay technology,” said David Gross, director of product marketing for Global Wireless Technology. “The offerings that arise from GWT and NETGEAR’s combined endeavors will result in enhanced 4G LTE coverage.”
To learn more about NETGEAR solutions for service providers, please visit http://netgear.com/service-providers/.
About Global Wireless Technologies
Since early 2000, Global Wireless Technologies (“GWT”) has been an innovator in the small cell market. Drawing upon its heritage as a designer and developer of flexible, multi-standard/user platforms for the wireless base station test industry, GWT is one of the only providers of production grade CDMA (1xRTT , EV-DO Rev. A), UMTS/HSPA and LTE (Long Term Evolution) solutions. GWT is headquartered in Morris Plains, New Jersey with satellite offices in Denver, Colorado and Bangalore, India.. Its team is comprised of hardware and software engineers with experience in PCB design/development, software protocol stacks and ancillary systems. More information is available at http://www.globalwirelesstech.com.
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 25,000 retail locations around the globe, and through approximately 40,000 value-added resellers. The company's headquarters are in San Jose, Calif., with additional offices in over 25 countries. 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 and the NETGEAR logo,are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its subsidiaries in the United States and/or other countries. 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, including, but not limited to, those risks and uncertainties listed in the section entitled “Part II - Item 1A. Risk Factors,” pages 46 through 65, in the Company's quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2012, filed with the Securities and Exchange Commission on November 6, 2012. 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:
Jeff Norris, Weber Shandwick for NETGEAR, (408) 530-8458, JNorris2@webershandwick.com
U.S. Sales Inquiries: (408) 907-8000, firstname.lastname@example.org
U.S. Customer Inquiries: (888) NETGEAR