NETGEAR® Tops International Competition to Win Title of CRN Networking Vendor of the Year
Judges from the IT Industry and CRN Readers Rate NETGEAR Best in Service and Support Among Crowded Networking Category that Included Companies Worldwide with Both Voice and Data Legacies.
SANTA CLARA, Calif. – December 21, 2005 – NETGEAR Inc., (Nasdaq: NTGR) a worldwide provider of technologically advanced, branded networking products, today announced it was awarded the title of Computer Reseller News (CRN) Networking Vendor of the Year 2005 at an awards ceremony on Nov. 24, 2005, in London, U.K. Awarded by CRN’s U.K. edition, in one of the most strongly contested categories in The Channel Awards, industry judges and the CRN’s readers rated NETGEAR tops in service and support provided to its channel partners.
NETGEAR, which entered the contest for the first time this year internationally, was selected as tops in the Networking Vendor of the Year category from a short-list of strong entries that included Avaya, 3Com, Juniper, and Cisco.
“A key aim with the Channel Awards in 2005 is to recognize the contribution, service and support of individuals, teams and organizations and offer the opportunity for the channel community to come together to celebrate their achievements over the past year,” stated Sara Driscoll, Editor of the U.K. edition of CRN. “Having almost doubled the number of entries, the competition within each of the categories has been tougher than ever. As such, the winners have even more reason to be extremely proud of their achievement.”
According to Keith Humphreys, consultant at analyst EuroLAN and one of the judges, “NETGEAR has done remarkably well over the past couple of years. From the time it was spun off from Nortel until it floated, it doubled its revenue, and it has doubled it again since then. NETGEAR also respects the channel, especially distribution.”
“The receipt of this prestigious award is of particular importance and pride to us as it reflects the attitudes and experiences of both the industry analysts and, more importantly, our international channel partners and resellers,” explained Patrick Lo, NETGEAR Chairman and CEO. “NETGEAR’s dedication to the channel is evidenced by continued improvements to our Powershift Partner Program, the recent launch of our extensive ProSupport service programs, the strengthening of the warranty programs for our ProSafe™ product line, and a diverse and growing line of ProSafe wired and wireless networking solutions that enable the reseller to provide a complete end-to-end infrastructure solution to SMB and midmarket customers with the confidence that NETGEAR is there to provide them industry-leading support and service 24/7.”
A full list of winners can be found at http://www.channelawards.net/winners.asp?id=0.
About NETGEAR, Inc.
NETGEAR (Nasdaq: NTGR) 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.
©2005 NETGEAR, Inc. NETGEAR®, the NETGEAR Logo, and ProSafe 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 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 actual price, performance and ease of use of NETGEAR’s products may not met 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 “Risk Factors Affecting Future Results”, pages 19 through 28, in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 2, 2005, filed with the Securities and Exchange Commission on November 14, 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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