NETGEAR Products Arrive at Wal-Mart
Posted on May 19, 2008
Filed Under Gadgets
Assortment of Wireless Routers Available at Over 3,500 Outlets and Online at WalMart.com
SANTA CLARA, Calif., May 19 /PRNewswire-FirstCall/ — NETGEAR(R), Inc.
(Nasdaq: NTGR) 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) (Nasdaq: NTGR) 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
http://www.netgear.com 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.
NETGEAR, Inc.
via PRNewswire
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