NETGEAR Announces the Death of Local Media Storage
The first-ever home storage system to support the media-shifting of multimedia content
SAN JOSE, Calif. - July 12, 2010 - NETGEAR®, Inc. (NASDAQGM: NTGR), a worldwide provider of technologically innovative networking solutions for homes, businesses and service providers, today eliminated the requirement for local media storage. The new ReadyNAS® Ultra family of 2-Bay, 4-Bay and 6-Bay network storage systems is perfect for power users yearning to set their digital entertainment content free. The Ultra family is the first-ever storage with media-shifting capabilities, enabling users to centralize media on a ReadyNAS and consume it in any networked location and on any networked device. The Ultra family is more than twice as fast as legacy ReadyNAS systems and has already received glowing reviews.
NETGEAR ReadyNAS Ultra Beta Testers Praise TiVo®, Skifta and Orb Technology Integration
"The ReadyNAS Ultra 4 is a tech-head's dream come true; it lets me encode, decode, stream HD video, and no matter where I am, play music and video to any DLNA certified device and a large number of mobile devices thanks to NETGEAR' embedded Skifta™ and Orb™ technology partnerships,” says Shawn Markins, a beta tester and long-time advanced ReadyNAS user. "Couple it with Intel® Atom™ processors, full X-RAID2™ functionality, and you have a 'force to be reckoned with'. Now, I have a central location with full data redundancy and enough total storage space to be happy for years."
The ReadyNAS integration with TiVo® enables users to stream video programming, music and photos to any TiVo box in the house. “By streaming television programming, the ReadyNAS gives easy access to stored content and offers a great way to expand the amount of content available to TiVo users,” says Tom Cramer, ReadyNAS beta tester and TiVo DVR owner.
The ReadyNAS Ultra family transforms the way people interact with their multimedia content
"NETGEAR's ReadyNAS Ultra family is a major breakthrough, converging mobility and content consumption,” said Drew Meyer, director of storage marketing at NETGEAR. “ReadyNAS has always been an excellent choice for storing, sharing and protecting media content, but now our technology firsts take that content to the next level. Users may now shift media from any networked location onto nearly any device and unplug their direct-attached disks.”
- NETGEAR ReadyNAS Ultra products are the first TiVo compatible DVR network storage systems. Users can now alleviate storage capacity concerns by streaming HD programming content to anyTiVo box in the house at a later date without additional software or computers.
- NETGEAR ReadyNAS Ultra products are the first storage systems with Skifta media-shifting capabilities, so users can access their private media libraries remotely from any DLNA® certified™ device without worrying about the physical location of their content.
- NETGEAR ReadyNAS Ultra products are also the first-ever network storage systems to include transcoding. The Orb integration means that a ReadyNAS Ultra device automatically formats and sizes streaming video content for mobile devices or browsers - on the fly.
Industry Analyst Comments on NETGEAR ReadyNAS Ultra
"These are the first storage devices we’ve seen of this kind on the market - o one else is doing this yet," said Norm Bogen, industry analyst, In-Stat. "The Ultra models are great additions to NETGEAR’s home storage product line. They provide advanced features for the multimedia enthusiast, enabling fast access to stored media content from any location via any DLNA certified device."
Additionally, the NETGEAR ReadyNAS Ultra family continues to offer the most advanced storage features for the consumer NAS market today, including X-RAID2™, the only self-managing volume expansion technology; ReadyNAS Remote, the only secure drag-and-drop remote access technology; and ReadyNAS Vault, the only embedded online backup and recovery service. ReadyNAS Ultra is the ideal storage system for media enthusiasts looking for a better way to interact with their extensive media collections.
The NETGEAR ReadyNAS Ultra 4 (expected street prices of $599.99 diskless and $899.99 2 x 2 TB) and Ultra 6 (expected street prices of $899.99 diskless and $1349.99 3 x 2 TB) are available for immediate pre-order at amazon.com, with shipping starting in mid-July. The NETGEAR ReadyNAS Ultra 2 will be shipping in October.
For more information, please visit: www.netgear.com/ultra
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) designs innovative, branded technology solutions that address the specific networking, storage, and security needs of Small- to Medium-sized Businesses (SMBs) and home users. The company offers an end-to-end networking product portfolio to enable users to share Internet access, peripherals, files, multimedia content, and applications among multiple computers and other Internet-enabled devices. 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 over 26,000 retail locations around the globe, and via more than 39,000 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 at http://www.twitter.com/NETGEAR and http://www.facebook.com/NETGEAR.
©2010 NETGEAR, Inc. NETGEAR the NETGEAR logo, ReadyNAS, X-Raid 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
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 32 through 47, in the Company's quarterly report on Form 10-Q for the fiscal first quarter ended March 28, 2010, filed with the Securities and Exchange Commission on May 6, 2010. 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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