NETGEAR Receives CES "Best of Innovations" Award Plus Two Additional Honoree Designations For Home Networking Products
WGT634U Super Wireless Media Router Honored as "Best of Innovations" While WGT624
108 Mbps Wireless Firewall Router and XE102 Wall-Plugged Ethernet Bridge Receive Honoree Designations in the Home Data Networking Product Category
SANTA CLARA, Calif. — December 15, 2003 — NETGEAR, Inc., (Nasdaq: NTGR) a worldwide provider of technologically advanced, branded networking products, today announced the receipt of three awards including the prestigious “Best of Innovations” award from the International CES Innovations 2004 Design and Engineering Showcase.
Endorsed by the Industrial Designers Society of America (IDSA), the program recognizes the newest consumer electronics products that exhibit excellence in design and engineering. NETGEAR’s WGT634U Super Wireless Media Router was awarded the "Best of Innovations" designation in the Home Data Networking Product category. In the same category, NETGEAR also received honoree designations for the WGT624 108 Mbps Wireless Firewall Router and XE102 Wall-Plugged Ethernet Bridge.
"NETGEAR is focused on designing and delivering networking solutions that provide the best overall experience for consumers and small- to medium-sized businesses," explained Patrick Lo, CEO and Chairman of NETGEAR. "NETGEAR’s home networking solutions enjoy a strong reputation for ease-of-use, reliability, performance and design and we are honored by the recognition for our products by the CES Innovations awards. These awards validate the success of our efforts to provide consumers with connectivity products that are innovative, stylish and best meet their needs."
"Best of Innovations" Winner – WGT634U Super Wireless Media Router
Available in Q1 2004, NETGEAR’s WGT634U Super Wireless Media Router is an innovative platform that will empower a variety of connectivity applications never realized before over a powerful wireless technology. Further details of this innovative product and a new generation of product design will be unveiled by NETGEAR at CES.
Innovations Honoree – WGT624 108Mbps Wireless Firewall Router
The super-fast WGT624 108 Mbps Wireless Firewall Router offers data transfer speeds more than 10 times faster in real throughput than previous generation 802.11b technology, while coverage and range go more than 4 times farther than other 802.11b products. Equipped with a four-port 10/100 Mbps Ethernet switch, the WGT624 is 802.11g standards compliant and compatible with 802.11b. To ensure that the WGT624 firmware is always up-to-date, the unit includes the new Smart Wizard assisted firmware update feature to simplify the download and upgrade of the unit to the latest firmware version in a single click.
The WGT624, which features NETGEAR’s Smart Wizard install assistant, an interactive step-by-step tutorial for ease of set-up, is highly secure with over 10 security and privacy features including a true firewall (SPI and NAT), WPA security, 128-bit WEP encryption, multiple VPN pass-through support, intrusion detection and prevention, and security logging with e-mail alerts.
Innovations Honoree – XE102 Wall-Plugged Ethernet Bridge
NETGEAR’s XE102 Wall-Plugged Ethernet Bridge is a high-speed, compact networking adapter that enables users to access the Internet through ordinary electrical outlets at speeds of up to 14 Mbps, eliminating the need to install new wires for networking. The product can also provide a complement to wireless networks that may not provide the necessary coverage. Housed in an attractive portable and baseball-sized wall-plug casing, the product requires no software configuration, and is simply plug-and-play. In addition to extending existing networks, the XE102 is ideal for providing reliable Internet connectivity to emerging Internet enabled entertainment devices including gaming consoles, digital video recorders, and radios. The XE102 is especially suited for console-based online gaming applications where adding connectivity must be fast and seamless for the user.
About NETGEAR, Inc.
NETGEAR (Nasdaq: NTGR) designs technologically advanced, branded networking products that address the specific needs of small and medium business and home users. The Company’s suite of approximately 100 products enables users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company’s Web site at www.netgear.com or call (408) 907-8000.
©2003 NETGEAR, Inc. NETGEAR®, the NETGEAR Logo, and ProSafe 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.:
Various matters set forth in this press release, such as statements relating to the expected performance characteristics, specifications, market acceptance, market growth, specific uses and market position of NETGEAR, Inc. and its products and technology are forward-looking statements. These statements are subject to risks and uncertainties, including without limitation, the price/performance requirements of customers, the ability of NETGEAR to sell products incorporating the technology, the impact and pricing of competing technologies, the introduction of alternative technological solutions, and other risks detailed from time-to-time in NETGEAR'S SEC filings and reports.
For more information:
Doug Hagan
NETGEAR Inc.
(408) 907-8053
doug.hagan@netgear.com
Ken Hagihara
Integrity Public Relations
(949) 768-4423
ken@integritypr.net