NETGEAR Announces Products that Make It Easier than Ever to Connect Entertainment Devices to Your Home Network and Internet
The Powerline 500 Nano and N900 Video and Gaming WiFi Adapter Deliver Ultra-Fast Network Performance for Home Theater Components and Game Consoles
LAS VEGAS, Jan. 9, 2012 /PRNewswire/ -- NETGEAR(®), Inc. (NASDAQGM: NTGR), a global networking company that delivers innovative products to consumers, businesses and service providers, today unveiled two products that make it easier than ever to connect Ethernet-enabled gaming and home theater devices to your home network. For consumers who want simple plug-and-play networking for a single device, such as a TV or a game console, NETGEAR's new Powerline Nano 500 (XAVB5101) instantly converts a standard electrical wall outlet into a high-speed network connection that easily accommodates the most demanding multimedia tasks. For consumers who want to connect multiple devices in a room - including TVs, a network disk, media players, game consoles, PCs and other Ethernet-enabled devices - NETGEAR's new N900 Video and Gaming 4-Port WiFi Adapter (WNCE4004) is the perfect device that can simultaneously connect up to four wired devices to your WiFi router at top speed.
With best-in-class performance and reliability, NETGEAR's Powerline 500 Nano converts any electrical outlet in your house into a high speed network connection, instantly. It offers easy, plug-and-play setup and top speeds, all in the smallest form factor available today. The Powerline 500 Nano is perfect for connecting a single device such as game console, Blu-ray(TM) player, Smart TV, HD set-top box, network DVR, PC, and other devices to the home network router and the Internet. Gamers particularly benefit from Powerline technology because of its exceptionally low latency.
NETGEAR's Powerline 500 Nano delivers speeds up to 500 Mbps, which easily accommodates HD and 3D HD video streaming, multimedia, multiplayer gaming and other bandwidth intensive tasks. With NETGEAR's unique "Pick-a-Plug" function, the Powerline 500 Nano automatically tests the connection at any electrical outlet and displays the results in the form of color coded LED lights to ensure that users can pick a specific electrical outlet in order to ensure the highest possible performance.
N900 Video and Gaming 4-port WiFi Adapter
Streaming HD content to Ethernet-enabled devices in your living room can be difficult or even impossible because a wired connection is often unavailable or impractical to install. NETGEAR's N900 Video and Gaming 4-port WiFi Adapter enables consumers to connect up to four Ethernet-enabled devices at the fastest WiFi speeds available today. The adapter utilizes multiple wireless streams and dual-band technology to support multiple, simultaneous HD video streams in 1080p resolution and fast, low-latency multiplayer gaming. With the N900 WiFi Adapter it is easier than ever to wirelessly stream high resolution entertainment from Internet services like Netflix, Vudu, YouTube and Hulu to virtually any Ethernet-enabled entertainment device in your home.
"Consumers today are connecting a broader array of devices to their networks than ever before -often simultaneously. All of these devices together can hog a lot of bandwidth, thus making a huge demand on the home network," said David Henry, Vice President of Product Management at NETGEAR. "NETGEAR's new N900 Video and Gaming WiFi Adapter and Powerline 500 Nano change everything by delivering the bandwidth required to accommodate virtually any task, no matter how many devices are on the network."
Pricing and Availability
NETGEAR Powerline 500 Nano will be available in Q1 2012 for $119.99. The NETGEAR N900 Video and Gaming 4-Port WiFi Adapter will be available in the summer of 2012 for $79.99. Both products will also be available worldwide from major retailers in stores and online.
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 to use 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 approximately 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. NETGEAR is an ENERGY STAR® partner. 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.
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, and specific uses 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 48 through 67, in the Company's quarterly report on Form 10-Q for the fiscal quarter ended October 2, 2011, filed with the Securities and Exchange Commission on November 8, 2011. 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.
CONTACT: Jeff Norris of Weber Shandwick for NETGEAR, +1-408-530-8458, jnorris2@webershandwick.com, or U.S. Sales Inquiries, +1-408-907-8000, sales@netgear.com, or U.S. Customer Inquiries, 1-888-NETGEAR