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NetGear Joins WiMAX Forum |
NETGEAR(R)
Joins WiMAX Forum(TM) to Drive Adoption of Emerging Wireless Standard
Other Topics: WiMAX Regulation,
WiMAX Forum Certification
NETGEARŪ, Inc.
September 1, 2005
Admission into Consortium Highlights NETGEAR's Commitment to
Providing Affordable and Ubiquitous Network Connectivity to All
Santa Clara, CA -- NETGEARŪ, Inc. (Nasdaq: NTGR - News), a
worldwide provider of technologically advanced, branded networking
products, today announced its membership in the WiMAX Forum(TM), an
industry-led, non-profit corporation formed to advance the IEEE 802.16,
or WiMAX, broadband wireless networking standard. NETGEAR's admission as
a principal member into the group is among the first for vendors that
provide networking solutions for homes and small- and medium-sized
businesses. NETGEAR's inclusion supports its strategy of maintaining
close alliances with partners and consortiums on the cutting edge of
networking technology. |
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"As with MIMO and OFDM, WiMAX is another example of how NETGEAR
positions itself ahead of the technology curve in developing solutions
for emerging wireless standards," said Patrick Lo, NETGEAR's chairman
and chief executive officer. "WiMAX is a potentially significant
technology that could revolutionize the way people get broadband access.
NETGEAR's commitment to providing innovative and affordable devices for
the home and business will be instrumental in driving a faster adoption
of this new and open standard."
WiMAX is a standards-based technology enabling the delivery of last-mile
wireless broadband access as an alternative to cable and DSL. WiMAX will
provide fixed, nomadic, portable and, eventually, mobile wireless
broadband connectivity without the need for direct line-of-sight with a
base station.
Formed in June 2001, the WiMAX Forum is a nonprofit association that
promotes the adoption of IEEE 802.16-compliant equipment by operators of
broadband wireless access systems. With the proliferation of several
proprietary wireless standards creating great confusion and
inconvenience for consumers and businesses, members of the WiMAX Forum
will work together to promote and certify the compatibility and
interoperability of solutions for the new standards-based networking
technology platform. Expecting mass adoption, support for WiMAX will be
integrated into laptops and mobile devices, providing portable and
nomadic communication in city- and enterprise- wide deployments.
"We welcome NETGEAR to the WiMAX Forum," said Ron Resnick, president of
the WiMAX Forum. "It's important that we include equipment vendors such
as NETGEAR that have a close affiliation with home and small business
networking users. By applying to join the organization, NETGEAR has
reinforced its commitment to industry standards for product
compatibility."
By joining the WiMAX Forum, NETGEAR will design and manufacture
innovative solutions tailored for portable and mobile use in a WiMAX
environment, including routers, gateways, cards, and other access
devices, enabling users to receive data at speeds comparable to fixed
T-1 lines and at distances of several miles.
About WiMAX Forum
The WiMAX Forum is an industry-led, non-profit corporation formed to
help promote and certify the compatibility and interoperability of
broadband wireless products using the IEEE 802.16 and ETSI HiperMAN
wireless MAN specifications. The forum's goal is to accelerate the
introduction of these devices into the marketplace. WiMAX Forum
Certified(TM) products will be fully interoperable and support
Metropolitan Broadband Fixed, Portable and Mobile Applications. For more
information about the WiMAX Forum and its activities, please visit
www.WiMAXForum.org.
About NETGEARŪ, Inc.
NETGEARŪ (Nasdaq: NTGR - News) designs technologically advanced, branded
networking products 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. 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.
NOTE: NETGEARŪ and the NETGEAR logo 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 participation in the WiMAX
forum, 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:
there is no assurance that a WiMAX standard will be established or that
NETGEAR will be able to successfully develop or market WiMAX-based
products, the actual price, performance and ease of use of NETGEAR's
products may not meet the price, performance and ease of use
requirements of end-users; the performance of NETGEAR's products may be
adversely affected by real world operating conditions; 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 "Risk Factors Affecting Future Results", pages 19 through 28,
in the Company's Quarterly Report on Form 10-Q for the fiscal quarter
ended July 3, 2005, filed with the Securities and Exchange Commission on
August 12, 2005. 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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