NETGEAR Releases World’s Fastest Home Media Servers
NETGEAR to Sell Rebranded Extreme Networks BlackDiamond 8800 10 Gigabit Modular Network Switches
SAN JOSE, Calif. —November 5, 2010 — NETGEAR®, Inc. (NASDAQGM: NTGR), a global networking company that delivers innovative products to consumers, businesses and Internet service providers, today released four new additions to its ReadyNAS® Ultra family of home media servers. The new ReadyNAS Ultra Plus series delivers approximately 30% more performance over the ReadyNAS Ultra series, offering the world’s best streaming media experience for music, movies, photos and files. In addition, the 2-bay model of the ReadyNAS Ultra family will soon be available worldwide.
The ReadyNAS Ultra Plus series transforms home media networks, delivering media content to local or remote handhelds, desktops and game consoles. NETGEAR’s industry-leading partnerships deliver ex-panded media experiences at home and away from home. TiVo® users may use the ReadyNAS Ultra Plus to tremendously expand their DVR capacity. Orb™ transcoding support puts the right media formats on the right screens, streaming movies on handhelds in any connected location. Skifta™ shifts movies and music onto any DLNA networked screen. Remote file access is now available for iPhone users with the new ReadyNAS Remote iPhone App.
“The explosion of digital content has resulted in large personal media collections that are often unma-naged and scattered. As media collections grow, so has the demand for home media servers. Consumers want simplicity and flexibility,” said Norm Bogen, industry analyst at In-Stat. “And the NETGEAR ReadyNAS Ultra family delivers. With a ReadyNAS Ultra or Ultra Plus at the center of the home network, consumers can consolidate and organize their content in a secure, expandable place that’s accessible anywhere.”
“The ReadyNAS Ultra family brings cutting-edge partnerships and applications to the home media server market. The new Ultra Plus series is now the most powerful home storage available,” said Tiffany Pham, Product Line Manager for Prosumer Storage at NETGEAR. “Now users can do more with their digital media collections than ever before.”
Pricing and Availability
The ReadyNAS Ultra Plus series will be available online in late November 2010 from leading direct marketers and ecommerce sites at the following estimated street prices:
- RNDP200U – Ultra 2 Plus (Diskless 2-bay), $449.99 USD
- RNDP400U – Ultra 4 Plus (Diskless 4-bay), $699.99 USD
- RNDP600U – Ultra 6 Plus (Diskless 6-bay), $999.99 USD
The ReadyNAS Ultra 2 will be available online in late November 2010 from leading direct marketers and ecommerce sites at the following estimated street prices:
- RNDU2000 – Ultra 2 (Diskless 2-bay), $399.99 USD
- RNDU2120 – Ultra 2 (2TB: 1 x 2TB), $549.99 USD
- RNDU2220 – Ultra 2 (4TB: 2 x 2TB), $699.99 USD
The ReadyNAS Remote iPhone app is available on Apple’s App Store for $2.99 USD
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://twitter.com/NETGEAR and http://www.facebook.com/netgear.
©2010 NETGEAR, Inc. NETGEAR, the NETGEAR logo, and RangeMax are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries.DOCSIS is a trademark of Cable Television Laboratories, Inc. Wi-Fi is a trademark of the Wi-Fi Alliance. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved.
Note: Maximum wireless signal rate derived from IEEE Standard 802.11 specifications. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput rate.
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 36 through 52, in the Company's quarterly report on Form 10-Q for the fiscal second quarter ended June 27, 2010, filed with the Securities and Exchange Commission on August 5, 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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