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NETGEAR Launches the Industry’s Highest-Density Network Storage Solution for SMBs

NETGEAR’s ReadyNAS 3200 Offers 24TB Capacity of Simplified and Affordable Network Storage  to Small- to Medium-Sized Businesses 

SYDNEY, Australia – June 23, 2009 – NETGEAR®, Inc. (NASDAQGM: NTGR), a worldwide provider of technologically innovative, branded networking solutions, today announced the addition of a new, high-density network storage system to its award-winning family of ReadyNAS® products for Small- to Medium-sized Businesses (SMBs). The ReadyNAS 3200 is a 2U 12-bay unified storage platform that provides up to 24 terabytes in a single system.

The easy-to-use system offers high-end features such as redundant power supplies and dual Gigabit Ethernet ports at an SMB price point, enabling growing businesses to securely share, store and protect business-critical network data. With support for up to 24 TB of capacity, making it ideal for online server consolidation or backup, the ReadyNAS 3200 solves common SMB storage problems in the most efficient manner to date. Server virtualisation, file sharing, disk-based backup and building first-time iSCSI SANs are natural solutions for the ReadyNAS 3200.

“With the ReadyNAS 3200, we’ve expanded the capacity and performance of rack-mount solutions in the award-winning ReadyNAS storage line to a much wider spectrum of SMB sizes,” said Drew Meyer, director of Storage Marketing for NETGEAR’s Network Storage Business Unit. “NETGEAR’s recognised leadership position in the SMB storage market makes us a trustworthy and reliable choice for end users and channel partners alike. With the ReadyNAS 3200, we are augmenting our line of storage solutions that provide the high-end features of other, more expensive rack-mount products with the ease-of-use and price point that match the resources of a growing SMB.”

The ReadyNAS 3200 combines the award-winning features of the other ReadyNAS for Business products, including the recently launched ReadyNAS 2100 1U rack-mount and the ReadyNAS Pro and NVX desktop systems, with a massive capacity platform for sharing, storing and protecting SMB data (see press releases at http://netgear.com/About/PressReleases/en-US/2009/20090511.aspx, and http://www.netgear.com/About/PressReleases/en-US/2009/20090406.aspx). Featuring 12 bays that enable up to 24 terabytes of NAS and iSCSI SAN capacity, the ReadyNAS 3200 easily supports up to 250 users. Standard features such as Continuous Data Protection (CDP) software for automatic client backup functionality and the ReadyNAS RemoteTM drag-and-drop remote file sharing utility mean easy and effective remote site data management for harried IT managers. And the embedded ReadyNAS VaultTM service delivers an optional cloud-based backup and disaster recovery services for as little as US$.25/GB/month.

“IT managers at small businesses often face storage demands large enough to require enterprise-scale solutions, but can also lack the resources to acquire or support enterprise-grade complexity,” said David Reinsel, group vice president of storage and semiconductors at IDC. “The ReadyNAS line offers a unique combination of simplicity and flexibility with the protective redundancy and high-performance feature set typically found on more expensive models. The high density and rack-mount form factor of the ReadyNAS 3200 should have strong appeal to midsize organisations seeking an affordable solution.”

The ReadyNAS 3200 leverages the highly efficient ReadyNAS RAIDiatorTM operating system. The RAIDiator operating system supports the Apple Filing Protocol (AFP), enabling native Mac® files to be used without restrictions or limitations, as well as Time Machine® in Mac OS X Leopard. The ReadyNAS 3200 also offers support for file services (NAS) and application services (iSCSI) for Windows®, UNIX®/Linux and Mac systems.

The ReadyNAS 3200 can come equipped with 6TB, 12TB and 24TB of storage capacity. The solution will be available in mid-July from value-added resellers at an estimated U.S. street price starting at US$4,999. ReadyNAS Vault is included as a 30-day trial of pre-paid and annual capacity plans. ReadyNAS systems come with full 24/7 technical support and an industry-leading five-year warranty. More information for the entire ReadyNAS product line can be viewed at http://www.readynas.com

About NETGEAR, Inc.

NETGEAR (NASDAQGM: NTGR) designs innovative, branded technology solutions that address the specific networking, storage, and security needs of Small- to Medium-sized Businesses (SMBs) and home users. The company offers an end-to-end networking product portfolio to enable users to share Internet access, peripherals, files, multimedia content, and applications among multiple computers and other Internet-enabled devices. 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 29,000 retail locations around the globe, and via more than 41,000 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 by visiting www.netgear.com.au or calling (+612) 8117-6800. Follow NETGEAR on Twitter at http://twitter.com/NETGEAR.

 © 2009 NETGEAR, Inc. NETGEAR, the NETGEAR logo, ReadyNAS, RAIDiator, ReadyNAS Remote and ReadyNAS Vault 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 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 29 through 43, in the Company’s quarterly report on Form 10-Q for the fiscal first quarter ended March 29, 2009, filed with the Securities and Exchange Commission on May 7, 2009. 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.