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SAN JOSE, Calif. – August 31, 2010 — NETGEAR®, Inc. (NASDAQGM: NTGR),a worldwide networking leader, today announced the fastest powerline networking adapters currently available – the NETGEAR Powerline AV 500 family. The company also announced the NETGEAR Powerline AV 200 Wireless-N Extender Kit, the industry’s first powerline + wireless-N access point solution with automatic wireless set-up. NETGEAR Powerline AV solutions make it easy for consumers to set up a high performance home network. With such a set up, consumers can simultaneously enjoy HD video streams on multiple TVs and PCs, toppling other lagging online gaming competitors and have crystal clear Voice over IP (VOIP) phone calls using the electrical wiring and outlets already in their homes as the conduit to the Internet.
NETGEAR powerline technology gives consumers an easy, cost-effective way to create a high-speed Ethernet LAN connection using any ordinary electrical outlet, eliminating the need to run expensive or unsightly network cables. NETGEAR’s powerline solutions are literally plug and play, making it easy for consumers new to home networking.
“In the next five years, the growth of internet connected digital entertainment and communications will explode. Mainstream adoption will depend on fast, simple and reliable networking like the NETGEAR powerline and wireless products,” said Kurt Scherf, vice president and principal analyst, Parks Associates. “Parks Associates forecasts that the installed base of connected TVs, Blu-ray players, game consoles, and set-top boxes will grow nearly tenfold between 2010 and 2014 to an installed base of over 300 million units.”
“Almost every new home entertainment device today can be connected to the Internet. This puts tremendous demand on the home network,” said Chris Geiser, product line manager, powerline networking at NETGEAR. “NETGEAR’s new Powerline AV 500 network speeds are 2.5 times faster than any existing product on the market to enable consumers to run multiple video, audio and data streams with ease. Powerline solutions are a reliable and speedy supplement to WiFi home networks for devices that aren’t mobile but require great speed, such as TVs and gaming consoles.”
The NETGEAR Powerline AV 500 Product Family
NETGEAR Powerline AV 500 products are all HomePlug AV certified. They offer the highest speed and performance of any home networking products currently on the market. Designed for compatibility with the draft IEEE P1901 global standard for high-speed powerline communications, users can enjoy data rates of up to 500Mbps. In addition, all AV 500 products come with a Gigabit Ethernet connection – ideal for attaching a NETGEAR Stora™ or ReadyNAS® to enable multiple HD streams to TVs or other devices without overburdening your home router.
Smaller than a deck of cards, the adapter in the NETGEAR Powerline AV 500 Adapter Kit (XAVB5001) is distinguished by its compact size. Not only is it more aesthetically pleasing than current designs, it has the added benefit of only taking up one electrical outlet without blocking the adjacent one.
The NETGEAR Powerline AV+ 500 Adapter Kit (XAVB5501), while sharing the same performance and design benefits as the NETGEAR Powerline 500 AV Adapter Kit (XAVB5001), offers an extra integrated and filtered power socket for "pass-through" capability. This integrated power socket can be used as an ordinary power socket for other electrical devices.
NETGEAR Powerline AV 200 Wireless-N Extender Kit
The NETGEAR Powerline AV 200 Wireless-N Extender kit (XAVNB2001) combines wireless-N 300 WiFi with the AV 200 powerline to create the first integrated solution to turn any home electrical outlet into a WiFi hotspot. This empowers consumers to extend their WiFi coverage to places in their homes where it is difficult to get a WiFi connection. As with all other NETGEAR powerline products, it is HomePlug AV certified.
The kit automatically connects into an existing home WiFi network. It also supports the standards-based WPS push button security set-up.
Pricing and Availability
The NETGEAR Powerline AV 500 Adapter Kit (XAVB5001) will be available online and in retail stores worldwide in the Fall 2010 and has an MSRP of $159 USD. The NETGEAR Powerline AV+ 500 Adapter Kit (XAVB5501) will also be available in the Fall 2010 and has an MSRP of $179 USD.
The NETGEAR Powerline AV 200 Wireless-N Extender Kit (XAVNB2001) will be available online and in retail stores worldwide in the Fall 2010 and has an MSRP of $169.99 USD.
For more information about NETGEAR powerline products, please visit:http://www.netgear.com/products/home/powerline-and-coax/default.aspx
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) is a global networking company that delivers innovative products to consumers, businesses and Internet service providers. For consumers, we make 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, we provide networking, storage and security solutions without the cost and complexity of Big IT. NETGEAR also supplies all of the top Internet 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 27,000 retail locations around the globe, and though more than 36,000 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.
©2010 NETGEAR, Inc. NETGEAR, NETGEAR Stora, ReadyNAS and the NETGEAR logo 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 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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