INTRODUCING NETGEAR 24-PORT GIGABIT PoE+ SMART MANAGED PRO SWITCH FOR HIGH-DENSITY PoE INSTALLATIONS

SAN JOSE, Calif. — July 11, 2017 — NETGEAR®, Inc. (NASDAQ: NTGR ), the leading provider of networking devices that power today’s smart home and small to medium-sized businesses (SMBs),  is introducing a new Smart Managed Pro Switch to support dense deployment of modern devices requiring high-power Power- Over-Ethernet (PoE+). The NETGEAR 24-Port Gigabit PoE+ Smart Managed Pro Switch with 2 SFP ports (GS724TPv2) offers configurable L2 network features like VLANs and PoE operation scheduling, enabling SMB customers to deploy PoE-based VoIP phones and IP surveillance. It represents an ideal switching solution for even advanced SMBs looking for the best combination of features, performance and value, specifically for hospitality, education, and retail industries.

Purpose built for converged networks where voice, video, data and IoT are carried over a single network platform, the GS724TPv2 has 24 PoE+ copper ports and 2 dedicated SFP ports for fiber uplinks. It offers network managers the advantage of connecting up to 24 power-hungry wireless access points, IP security cameras, LED lighting, or VoIP endpoints to the network with a single wire for power AND connectivity. With its robust PoE power budget of 190W, the GS724TPv2 Switch supports denser deployment of PoE+ devices – a benefit for cautious-spender organizations.

As part of the Smart Managed Switch product family, this new 24-Port PoE+ Switch offers customized operation using an intuitive, web browser-based management interface. The GS724TPv2 offers advanced features such as Access Control Lists (ACLs), L2/L3/L4 QoS (DiffServ), LACP link aggregation and Spanning Tree, satisfying even the most advanced small business networks. The rackmount GS724TPv2 features Energy Efficient Ethernet (IEEE 802.3az) for maximum power savings and operates quietly even at full power thanks to its temperature- and load-based fan-speed control.

“We designed the GS724TPv2 to offer a cost-effective solution to support SMB switching needs for wireless converged networks, IP surveillance, IP telephony and IoT,” said Richard Jonker, vice president of product line management for SMB products at NETGEAR. “Even better, organizations that want to prepare for growth and buy infrastructure for the long-term will find that its 190W PoE power budget provides headroom for future expansion.”

The GS724TPv2 offers powerful Layer 2 features, great PoE functionality, and enhanced performance and usability. The key features include:

• 190W PoE budget available across 24 Gigabit PoE+ ports (802.3at)
• 2 dedicated Gigabit SFP fiber ports for aggregation to the network core
• Easy-to-use web browser-based management GUI
• Advanced per port PoE controls for remote power management of PoE connected devices including operation scheduling 
• Configurable L2 network features include VLANs, Rapid Spanning Tree, IGMP Snooping and Querier, IGMP Fast Leave
• Advanced Smart Switching features (Access Control Lists ACLs, L2/L4/L4 DiffServ QoS policies, LACP Link Aggregation, Broadcast control, Denial of service protection)
• Non-blocking switching architecture with 52Gbps line rate fabric for maximum throughput across all 24 ports of Gigabit Ethernet, in full duplex mode
• ProSafe Lifetime Hardware Warranty includes Lifetime Next Business Day shipping for replacement, and Lifetime Technical Support options.

Pricing and Availability

The NETGEAR 24-Port Gigabit PoE+ Smart Managed Pro Switch with 2 SFP ports (GS724TPv2) has an MSRP in the U.S. of $299.99.

The new 24-port Smart Managed Pro Switch is available worldwide through authorized NETGEAR partners and other reseller channels and ecommerce sites. Regional variance may apply to the final pricing for end customers depending on the reseller and bundled offerings.

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 28,000 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 and Nighthawk are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. DOCSIS is a trademark of Cable Television Laboratories, Inc. 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 rate is derived from DOCSIS® 3.1 specifications and actual throughput will vary depending on your Internet subscription with your provider. NETGEAR makes no express or implied representations or warranties about this product’s compatibility with any future standards. Customer-owned modems may not be compatible with certain cable networks. Please check with your cable provider to confirm this NETGEAR modem is allowed on your cable network. This product is not compatible with cable bundled voice services.

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