NETGEAR Expands Smart Business Solutions for Midsize Enterprise Customers
Solutions include Free Next Business Day On-Site Replacement Support in the U.S. and Availability of New 10GE Managed Switch
SAN JOSE, Calif. – February 09, 2011 — NETGEAR®, Inc. (NASDAQGM: NTGR), a global networking company that delivers innovative products to consumers, businesses and service providers, today announced the enhancement of its business product portfolio with two new offerings that reinforce NETGEAR's commitment to providing smart IT solutions for midsize enterprise customers. The first NETGEAR new offering, ProSupport next business day on-site replacement service, is now included free with a purchase of a mid-enterprise product in the U.S. Additionally, NETGEAR is announcing the availability of the ProSafe® 24-port 10 GE Managed L2+ Switch (XSM7224S), a 10 Gbps switch that enables businesses to accelerate their data centers to enterprise-class speed, with far less cost and complexity than traditional enterprise vendors.
NETGEAR ProSupport next business day on-site replacement service now dispatches a networking professional to a customer site on the next business day after receiving a service call to have defective hardware replaced. Channel partners may now easily leverage NETGEAR's global support network and expertise to provide upgraded service to their customers without having to pay a high cost.
NETGEAR managed switches are designed for businesses who require enterprise-class performance at a traditional midmarket price. The XSM family can be used as a top of server rack switch, giving a significant improvement in application performance and server response, or as a high performance core switch with layer 3 and 4 capabilities for mid-sized enterprises. NETGEAR's included ProSafe® Network Management System (NMS200) gives customers a single, simple interface to discover, configure, monitor and manage all NETGEAR Layer 2 and Layer 3 switches.
Gartner analyst Jim Browning commented, "The biggest challenge midsize businesses have always faced is that they need to deliver IT services with a small staff and limited IT budgets that never grow in proportion to the demands of the business. Post recession, there is a new economic discipline when evaluating IT solutions in the midmarket. While there is no question about whether IT drives value to midsize businesses, there is a question about whether the costs associated with the benefits are reasonable. Midsize businesses are now demanding IT solutions that are designed with resource constraints in mind, have flexible sourcing and deployment options, and are easy and affordable to support post-sale."
"My company relies on me to balance the delivery of high quality IT services and cost control to our customers. The combination of the new switch and free on-site replacement service gives my customers superior uptime without a price penalty, putting NETGEAR at the top of my list of midmarket business vendors," said Michelle Dunn, the VP of Sales at GHA Technologies Inc.
"Customers are demanding Smart IT as a result of an increased focus on costs in the global economic recovery," said Shane Buckley, SVP and GM of NETGEAR's Business Products. "Today's announcements further illustrate NETGEAR's commitment to delivering reliable, affordable, and simple solutions for midmarket business customers."
Pricing and Availability
The ProSupport on-site replacement plan is included at no extra charge with all ProSafe® managed switches, ProSafe wireless controllers and selected rackmount ReadyNAS® network storage products. This next business day on-site replacement service plan, included as standard during the first three years of the warranty period, is available in major metropolitan areas across the United States, Canada and Europe.
The ProSafe 24-port 10 GE Managed L2+ Switch (XSM7224S) has a list price of $12,090 and a Layer 3 license upgrade (XSM7224L) will also be available for an additional $2,900 in March 2011.
For more information about ProSupport, including location details, please visit: http://onsite.netgear.com For more information about ProSafe Managed Switches, please visit:http://www.netgear.com/products/business/switches/fully-managed-switches/
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.
©2011 NETGEAR, Inc. NETGEAR, the NETGEAR logo, ProSafe and ReadyNAS 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 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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