NETGEAR READYNAS RR2312 – INDUSTRY-FIRST 1U 12-BAY HIGH DENSITY NETWORK STORAGE FOR SMALL AND MEDIUM BUSINESSES

SAN JOSE, California — Sept. 19, 2017 — NETGEAR®, Inc. (NASDAQ: NTGR), a leading provider of networking equipment, is introducing NETGEAR ReadyNAS® 1U 12-bay High Density Rackmount Network Attached Storage (RR2312) solution for Small and Medium Size Businesses (SMBs). ReadyNAS 2312 is the industry’s first 12-bay NAS in a 1U form factor, a design that represents the highest density storage solution in the market. ReadyNAS 2312 is ideal for data backup, file serving, archiving, cloud storage and IP-based surveillance video management and recording. It can be easily set up, monitored and managed via the new NETGEAR Insight management app for iOS or Android™ mobile devices.

The 12-bay design and four gigabit Ethernet interfaces of ReadyNAS 2312 offer high performance and data scalability, enabling a low initial investment with growth potential.

With ReadyNAS 2312, your data is protected through a hybrid backup process that offers three options:

• A centralized computer backup works with the ReadyCLOUD® PC/Mac application to back up your data to the ReadyNAS, with hourly snapshots, making sure your data is up to date. It is easily accessible and easy to restore data fast, in case of loss or corruption.
• The free-of-charge disaster recovery solution, ReadyDR®, protects businesses against unforeseen catastrophes by performing automated and continuous block level data backup to a secondary ReadyNAS.
• With backup to the Cloud, ReadyNAS can sync your data to the public cloud of your choice, including Amazon Web Services (AWS), Amazon Cloud Drive, Google Drive and Dropbox.

“The ReadyNAS 2312 is currently the market leader in dollar per terabyte ratio in network attached storage,” says Richard Jonker, vice president of SMB product management at NETGEAR, “We designed this product specifically to address the growing need for large and scalable storage capacity, with emphasis on compact dimension, data reliability, and ease of management. Our early customers have told us that this is ideal for data backup and surveillance video management, but also for cloud storage offers by managed service providers, or archiving.”

ReadyNAS 2312 is powered by a quad core high performance Intel® Atom C3000® processor with quad gigabit Ethernet network interface to support up to 40 high definition, high frame rate IP surveillance cameras, while its 12-bay storage chassis, assisted by the unique XRAID® technology from NETGEAR, enables the IT manager to add additional storage capacity seamlessly as surveillance data grows.

The high-density design of ReadyNAS 2312 is also perfectly suited for video surveillance applications. By running ONVIF-compliant software, ReadyNAS can pair with the new NETGEAR FlexPower Wire-Free IP Camera (VNC4030) and the FlexPower Base Station (VNB4000), the industry's first and only wire-free, battery-powered ONVIF®-compliant camera, to create a complete video security solution. This presents a great choice for business owners who prefer local storage over the cloud, but want the ease of indoor or outdoor installation offered by wire-free NETGEAR cameras.

ReadyNAS 2312 is based on Linux 4 enterprise-grade BTRFS file system and offers the complete set of business features of ReadyNAS OS, including virtualization support, RAID 0, 1, 5, 6, 10, 50 and 60, and the industry-leading data protection shared by all NETGEAR ReadyNAS products: XRAID® to protect against hard disk drive failure while maximizing drive capacity utilization; snapshot to protect against operational error; a built-in anti-virus solution; bit rot protection against media degradation; and cloud backup.

Key Benefits of ReadyNAS 2312

• Unique hybrid backup combines on-premises backup with cloud backup for double protection of data
• Highest density 1U rackmount network attached storage solution with 12 x 3.5’ SATA drive bays
• All-inclusive disaster recovery backup to another ReadyNAS with configurable hourly snapshots for protection against ransomware
• Ultimate data security and robustness (BTRFS & Linux 4.4, RAID 50/60, fast encryption)
• 5 levels of data protection (mechanical, physical, virus/malware, human, full system)
• Scalable storage capacity with easy and seamless expansion, supported by ReadyNAS unique XRAID® and FlexRAID®
• NETGEAR Insight app for iOS and Android™ mobile devices for intuitive and unified setup, monitoring and management of ReadyNAS 2312 from the palm of your hand
• Industry best-in-class 5-Year Limited Hardware Warranty, 5-Year Next Business Day Shipping for part replacement, and multiple support options to provide peace of mind for years to come.

Pricing and Availability

The ReadyNAS 2312 Business Class 1U 12-Bay Rackmount Network Storage (RR2312) is available now worldwide through authorized NETGEAR partners and other reseller channels and ecommerce sites at an MSRP in the U.S. of $1,599.99 for a diskless model.

ReadyNAS Rackmount for business powered by ReadyNAS OS 6.7 is available in several populated configurations with various hard disk drive capacities, from ReadyNAS 2304 Business Class 1U 4-Bay Rackmount Network Storage (RR2304) up to 4U 60-bay models with as many as 132 bays with expansion. Learn more about NETGEAR ReadyNAS desktop and rackmount series to determine the right solution for your business.

Download the free NETGEAR Insight management app now from the Apple® App Store℠ and Google Play™ and enjoy the freedom of anytime, anywhere, one-touch network management.

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 31,000 retail locations around the globe, and through approximately 25,000 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, Facebook and our blog.

©2017 NETGEAR, Inc. NETGEAR, the NETGEAR logo, ReadyCLOUD, ReadyDR, ReadyNAS and XRAID 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.

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