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NETGEAR(R) Products Arrive at Wal-Mart
May 19, 2008 (08:05 AM EDT)
SANTA CLARA, Calif., May 19 /PRNewswire-FirstCall/ -- NETGEAR(R), Inc. today announced the availability of NETGEAR's industry-leading routers for wireless networking at Wal-Mart stores across the U.S. and via Walmart.com.
Said Patrick Lo, NETGEAR's chairman and chief executive officer, "We're very proud that we can now offer our high-value home networking gear to Wal-Mart customers across the country. Wal-Mart is renowned for offering quality brand-name products at affordable prices, and it's a great retail outlet for us to be aligned with. The demand for wireless connectivity products is fast growing, so we're excited to offer a selection of our most popular and dependable routers at more than 3,500 stores and online at Walmart.com."
Wal-Mart now offers a variety of NETGEAR wireless routers to accommodate the differing needs of its vast customer base:
-- NETGEAR's Wireless-G Router (WGR614) provides a simple and secure wireless solution for home networks -- enabling users to share an Internet connection across several PCs. -- NETGEAR's highly popular RangeMax(TM) Wireless Router (WPN824) delivers up to ten times the speed and up to ten times the coverage of standard wireless-G devices. -- Wal-Mart customers requiring maximum performance and range can opt for the award-winning RangeMax Next Wireless-N Router (WNR834B). With all the benefits of NETGEAR's other routers, the RangeMax Next Wireless-N Router enables multiple users to take advantage of advanced applications such as downloading and streaming multimedia files, making Internet phone calls, and playing bandwidth-intensive online games.
All of NETGEAR's routers include double firewall protection from external hacker attacks and come with NETGEAR's exclusive Smart Wizard(R) installation utility, which automatically detects ISP settings and walks users through a speedy setup process.
About NETGEAR(R), Inc.
NETGEAR(R) http://www.netgear.com designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The Company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at or call (408) 907-8000.
(C)2008 NETGEAR, Inc. NETGEAR(R) and the NETGEAR logo, RangeMax and Smart Wizard 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.
Note: Maximum wireless signal rate derived from IEEE Standard 802.11 specifications. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
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 relationship with Wal-Mart and the expected performance characteristics, specifications, 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 availability and selection of NETGEAR products at Wal-Mart stores may vary from store to store, 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; 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 23 through 34, in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 30, 2008, filed with the Securities and Exchange Commission on May 9, 2008. 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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO )
CONTACT: Technology & Channel Media, Ken Hagihara of Integrity Public firstname.lastname@example.orgRelations, +1-949-768-4423, ext. 801, ; or Other Media,Lisa Hawes of Sterling Communications, +1-408-884-5155,, both for NETGEAR, Inc.
Web site: http://www.netgear.com/