NETGEAR® Announces Availability of MF100H Second-Generation Femtocell
Cost-effective and Consumer-friendly, Femtocell Offers High Value and Interoperability to Mobile Network Operators and their Customers.
BARCELONA, Spain – February 14, 2011 — NETGEAR®, Inc. (NASDAQGM: NTGR), a global networking company that delivers innovative products to consumers, businesses and service providers, today announced the MF100H Femtocell, a next generation 3G femtocell with Ethernet LAN. As a new addition to the mobile portfolio, the MF100H complements the current NETGEAR broadband gateway and router lineup widely used by Cable TV Multiple Systems Operators (MSOs) and Telco broadband service providers for residential and business customers.
"Femtocells are just now getting to the other side of the technology chasm," said Michael Clegg, vice president and general manager, Service Provider Business Unit, NETGEAR. "Today, these nascent devices appear in tiny deployments when measured against the billions of residences and businesses worldwide where they will ultimately be deployed. After three years in the market, femtocells are now poised for widespread adoption thanks to industry advances in interoperability and reduced deployment costs."
Interoperability of the MF100H femtocell with Nokia Siemens Networks mobile network infrastructure products is planned for near term completion.
With the recent explosion in mobile data traffic, femtocells are ideal solutions for mobile operators that are under pressure to improve the performance of their customers' mobile experience. The small cell radius achieved by femtocells delivers a traffic carrying capacity gain in the range of three orders of magnitude (1000x) similar to WiFi. This enables operators to use their licensed spectrum to smartly serve mobile consumers. In turn femtocells become a key enabler to reduce network load, improve customer experience and add new revenue streams.
Femtocells are also cost effective for MSOs as they enter the mobile space. For mobile customers, voice and data consumption occurs most often at home or in the office. Femtocells can be easily placed at either location using the customers' existing wired broadband for backhaul at near zero network facility cost. This is especially relevant when MSOs use their own DOCSIS services.
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 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 over 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 at http://twitter.com/NETGEAR and http://www.facebook.com/NETGEAR.
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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 37 through 53, in the Company's quarterly report on Form 10-Q for the fiscal third quarter ended October 3, 2010, filed with the Securities and Exchange Commission on November 10, 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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