NETGEAR Introduces the Industry’s First Smart Switch with 10-Gigabit connectivity
Mid-market companies dependent upon data replication, virtualization and video on demand tasks may now build reliable and affordable 10-gigabit infrastructures with the NETGEAR ProSafe 52-Port Gigabit Stackable Smart Switch (GS752TXS)
SAN JOSE, Calif. – — NETGEAR®, Inc. (NASDAQGM: NTGR),a global networking company that delivers innovative products to consumers, businesses and service providers, today introduced the industry’s first 10-gigabit smart switch for mid-market networks. The NETGEAR ProSafe® 52-Port Gigabit Stackable Smart Switch (GS752TXS) is the ideal companion to the rapidly emerging class of 10-gigabit servers, delivering maximum throughput from server to switch for demanding tasks such as data replication and backup, virtualization, video on demand and high-volume transaction processing.
At less than half the cost of a managed switch, the ProSafe 52-Port Gigabit Smart Switch provides 48 gigabit ports for connecting devices to the network, along with four 10G SFP+ ports for stacking or uplink to servers. As many as six switches can be stacked for a total of 288 network ports, with full redundancy for maximum reliability.
“Web-managed (smart) switches are extremely attractive to mid-market companies looking for a balance of performance and value. However, a serious downside across the industry has been the lack of 10G connectivity in this product segment" said Matthias Machowinski, Directing Analyst for Enterprise Networks and Video at Infonetics Research. “With NETGEAR’s latest smart switch, buyers no longer have to compromise on 10G connectivity, ensuring they can get the highest performance out of their servers, NAS appliances, and network up-links.”
“I see this switch as a perfect balance between satisfying low per-port costs for gigabit users while attaching to a 10-gigabit backbone,” said Ted Spence, Chief Information Officer of Electronic Entertainment Design and Research (EEDAR), a specialty video game research firm in Carlsbad, Calif. “The smart management tools in particular offer exactly the right level of monitoring that we need, with a price that makes the product attractive for growth.”
“As part of our commitment to smart IT, not big IT, we are supporting our mid-market customers as they bring 10G servers on line,” said Maggie Wu, Senior Product Line Manager for Switching Products at NETGEAR. “Going forward, we will accelerate the introduction of 10G switching and storage solutions that are reliable, affordable and simple.”
Pricing and Availability
The NETGEAR ProSafe 52-Port Gigabit Stackable Smart Switch (GS752TXS) is now available worldwide and is priced at $2,100 in the United States.
To learn more about the NETGEAR ProSafe 52-Port Gigabit Stackable Smart Switch, please visit http://www.netgear.com/business/products/switches/stackable-smart-switches/default.aspx.
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
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, 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 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 35 through 51, in the Company’s quarterly report on Form 10-Q for the fiscal quarter ended April 3, 2011, filed with the Securities and Exchange Commission on May 10, 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.
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