NETGEAR IS TRIPLE HONOREE FOR CES 2017 INNOVATION AWARDS

SAN JOSE, California, — November 10, 2016 — NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking devices that power today’s smart home, announced that it has been named a CES® 2017 Best of Innovation Awards Honoree for its Nighthawk® X10 Smart WiFi Router. Netgear is also an honoree for its Orbi™ WiFi System and its Arlo™ Pro Wire-Free HD Security Camera. These three Netgear honorees are on display today at CES Unveiled New York and will be featured at CES 2017, which runs January 5-8 in Las Vegas. 

Sponsored by the Consumer Technology Association (CTA) TM, the producer of CES 2017, the prestigious Innovation Awards have been recognizing outstanding achievements in product design and engineering since 1976. Products chosen as CES Innovation Honorees reflect innovative design and engineering in cutting-edge consumer electronics products and services across 28 product categories.

“Product innovation is our core mission so we’re thrilled to be recognized again by the CTA for this focus,” said David Henry, senior vice president of home networking products for Netgear. “It’s especially cool that our honorees this year include our debut tri-band mesh networking system, Orbi, along with our latest security camera system, Arlo Pro. The cherry on the sundae is that our Nighthawk X10 router is named a ‘Best of Innovation Awards’ as we believe it truly is the most full-featured and best-engineered router in the market today.”

Award nominees are evaluated on their engineering, aesthetic and design qualities, intended use/function and user value, unique/novel features, and how the design and innovation of the product directly compares to other products in the marketplace. Judging is by a preeminent panel of independent industrial designers, independent engineers, and members of the trade media. 

The three Netgear honorees announced today are:

• Best of Innovation Awards Honoree: Nighthawk X10 AD7200 Smart WiFi Router
  Nighthawk X10 AD7200 Smart WiFi Router is the industry’s fastest router for media streaming with Plex Media Server™. Nighthawk X10 with 802.11ac and next-generation high-speed 802.11ad WiFi technology delivers blazing-fast combined wireless speeds up to a furious 7.2Gbps* for ultra-smooth 4K streaming, VR gaming and instant downloads. With a powerful 1.7GHz Quad-core processor —the fastest processor in a home router— and Quad-Stream Wave 2 WiFi architecture, Nighthawk X10 provides plenty of room for today and tomorrow's workloads. The Nighthawk X10 is available now at an MSRP of $499.99 in the U.S.
  
  
• Honoree: Orbi WiFi System
  Orbi is the simplest and smartest way to enjoy high-speed WiFi in every corner of your home. Orbi by Netgear is the world’s first mesh networking system to leverage Tri-band WiFi, which has the unique capability of providing a dedicated wireless channel between the Orbi router and each Orbi satellite. Orbi creates a dedicated wireless connection to the Internet and delivers blazing-fast 802.11ac AC3000 WiFi speed up to 3Gbps* so you can enjoy better WiFi everywhere, no matter how many devices connect. The Orbi WiFi System with one WiFi router and one satellite is available now at an MSRP of $399.99 in the U.S.
  
  
• Honoree: Arlo Pro Wire-Free HD Security Camera
  Arlo Pro Wire-Free HD Security Cameras feature a sleek, stylish wire-free compact design that takes up minimal space and does not require an outlet for power, so Arlo Pro cameras can be easily and discreetly placed anywhere inside or outside of your home. The world’s most advanced and versatile smart home security camera, Arlo Pro features quick-charge, long-lasting rechargeable batteries, two-way audio, 100+ decibel siren, and the first and only weatherproof, wire-free security camera with an ultra-wide 130-degree field of view. The Arlo Pro System is available now starting at an MSRP in the U.S. of $249.99, with Arlo Pro Add-on Cameras for $189.99.

More information on CES 2017 Innovation Honoree products can be found online at CES.tech/Innovation.

About NETGEAR, Inc.

NETGEAR (NASDAQ: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. The Company's products are built on a variety of proven technologies such as wireless (WiFi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which the Company's products are sold. NETGEAR products are sold in approximately 28,000 retail locations around the globe, and through approximately 27,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world. The company's headquarters are in San Jose, Calif., with additional offices in approximately 25 countries. More information is available from the NETGEAR investor page or by calling (408) 907-8000. Connect with NETGEAR on Twitter and Facebook.

©2016 NETGEAR, Inc. NETGEAR, the NETGEAR logo, Arlo, Nighthawk, and Orbi are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

* Maximum wireless signal rate derived from IEEE standard 802.11 specifications. AC3000 equals 400Mbps at 2.4GHz 802.11n with 256 QAM support + 1733Mbps at 5GHz 802.11ac with 256 QAM support + 867Mbps at 5GHz 802.11ac with 256 QAM support. AC7200 equals 800Mbps at 2.4GHz 802.11ac with 256 QAM support + 1733Mbps at 5GHz 802.11ac + 4600Mbps at 60GHz 802.11ad. Actual data throughput and wireless coverage will vary. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput rate and wireless coverage. NETGEAR makes no express or implied representations or warranties about this product’s compatibility with any future standards.

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. 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.

Source: NETGEAR-G

U.S. Media Contact: Nathan Papadopulos, (408) 890-3889, NPapadopulos@netgear.com

U.S. Sales Inquiries: (408) 907-8000, sales@netgear.com

U.S. Customer Inquiries: (888) NETGEAR