NETGEAR INTRODUCES 4G LTE MOBILE BROADBAND ROUTER FOR VERIZON WIRELESS CUSTOMERS
700 MHz LTE MBR1000 Delivers Improved Wireless Mobile Broadband Internet Access Performance
AS VEGAS and BASKING RIDGE, N.J. – January 5, 2011 — From the 2011 International Consumer Electronics Show (CES), NETGEAR®, in conjunction with Verizon Wireless, today announced the MBR1000 Mobile Broadband Router, which is specifically designed to take advantage of the Verizon Wireless 4G LTE Mobile Broadband network. .
Performance delivered by the Verizon Wireless 4G network, combined with the NETGEAR MBR1000, helps enable powerful new business applications and expands broadband access to home and business customers that are either on the move or outside thewired broadband territory.
The MBR1000 supports the expected wireless data speeds of 5-12 megabits per second (Mbps) downstream and 2-5 Mbps upstream on the Verizon Wireless LTE network. The device is designed to support theoretical LTE speeds of up to 100 Mbps downstream by 50 Mbps upstream. The MBR1000 delivers a full customer-side LAN with four Fast Ethernet ports and 802.11n Wi-Fi at up to 270 Mbps and features redundant WAN network availability with a separate Fast Ethernet WAN uplink port. The MBR1000 Dual WAN feature gives customers the option to switch between WANs for “always on” network service should their selected primary WAN experience an outage – an especially important feature for fixed business applications. Equipped with an internal 3G/4G mobile broadband modem, the MBR1000 expands coverage by improving throughput beyond what is currently available to routers using USB mobile broadband modems because of its high-performance antenna configuration.
The Verizon Wireless 4G LTE Mobile Broadband network, launched in December 2010, is the fastest, most advanced network in the United States, providing speeds up to 10 times faster than Verizon Wireless’ 3G network. Verizon Wireless’ 4G LTE Mobile Broadband network currently reaches one-third of all Americans, with plans to expand the network to Verizon Wireless’ entire 3G coverage area over the next three years.
“Verizon Wireless looks forward to the development of powerful new mobile IP-based services that may be built on the combination of our LTE network and 4G Mobile Broadband Routers such as NETGEAR’s MBR1000,” said Aparna Khurjekar, executive director, Business Solutions, Verizon Wireless. “Creative new IP-based fleet management services are now possible, allowing fleets to easily and securely connect to the mobile broadband network to deliver on-the-go transaction processing and IP video to record pickups, deliveries or accidents.”
The MBR1000 can be deployed on rail, bus or select coastal marine vessels as well as in mining, construction, logging, parks and rural areas, greatly expanding broadband Internet access. With this expanded coverage, consumers on the go now have easy access to IP-based entertainment and valuable productivity tools.
The LTE MBR1000 is part of Verizon Wireless’ LTE Open Development program – designed to allow and encourage the development community to create new products, applications and services beyond what Verizon Wireless offers in its portfolio and bring these to the marketplace on the Verizon Wireless network.
“We commend Verizon Wireless’ 4G technology leadership and the mammoth logistical effort that the company made in order to launch its LTE network with such extensive U.S. coverage,” said Michael Clegg, vice president and general manager, Service Provider Business Unit, NETGEAR. “With the combination of NETGEAR’s innovative mobile broadband technology and Verizon Wireless’ cutting-edge network, we are confident we will deliver the most flexible and high-performance solution to the market.”
The NETGEAR LTE MBR1000 will be highlighted from Jan. 6-9 in Verizon Wireless’ booth (#35216 in the South Hall of the Las Vegas Convention Center) at CES. To learn more about Verizon Wireless’ Open Development program, visit http://opennetwork.verizonwireless.com/. For more information about the NETGEAR MBR1000, visitwww.netgear.com/service-provider/products/mobile-broadband/.
About Verizon Wireless
Verizon Wireless operates the nation’s fastest and most advanced 4G network and largest and most reliable 3G network, and serves more than 93 million customers. Headquartered in Basking Ridge, N.J., with 80,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. For consumers, we make high performance, dependable and easy home networking, storage and digital media products to connect people with the Internet and their content and devices. For businesses, we provide networking, storage and security solutions without the cost and complexity of Big IT. NETGEAR 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 over 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. More information is available at http://www.NETGEAR.comor by calling (408) 907-8000. Connect with NETGEAR at http://twitter.com/NETGEAR andhttp://www.facebook.com/NETGEAR.
©2011 NETGEAR, Inc. NETGEAR 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 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 37 through 53, in the Company’s quarterly report on Form 10-Q for the fiscal third quarter ended October 3, 2010, filed with the Securities and Exchange Commission on November 10, 2010. 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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