NETGEAR INTRODUCES POWERFUL NEW TRI-BAND MESH WIFI TO THE PORTFOLIO OF NIGHTHAWK MESH WIFI 6 SYSTEMS

SAN JOSE, Calif. — March 16^th 2021 - NETGEAR®, Inc. (NASDAQ: NTGR), the worldwide leading provider of award-winning advanced mesh WiFi for home and office, has today announced the addition of a new tri-band mesh system to the family of Nighthawk Mesh – Nighthawk^® Tri-band Mesh WiFi 6 System (MK83). Providing powerful mesh WiFi 6, this latest offering from NETGEAR is designed to blanket the whole home with high-performance WiFi to manage more devices on the network and eliminate dead zones in every room of the house.

The powerful quad-core processor of the Nighthawk Tri-band Mesh WiFi 6 system delivers more processing power than WiFi 5, increasing the overall WiFi performanceⁱ. This enables the mesh system to support the demands of today’s homes from streaming, gaming, video conferencing for distance learning and remote work to powering the growth of smart home devices. Get immersed in UHD streaming and enjoy lag-free gaming with Nighthawk’s combined WiFi speeds of up to 3.6Gbps that is more than capable of delivering up to Gigabit internet speedsⁱⁱ throughout out the home. Newer WiFi 6 technology powers up to four times the performance and capacity of previous generation WiFi 5 (802.11ac) but still provides 100% backwards compatibility to earlier generations of WiFi devices (802.11a/b/g/n/ac) so all devices can connect at top speeds.

Setup and management of the Nighthawk Tri-band Mesh WiFi 6 System is easy with the Nighthawk App. The app also runs NETGEAR Armorⁱⁱⁱ, an advanced cybersecurity solution that makes it easy to run internet speed tests, pause the internet, manage device connections and set up a separate guest WiFi that provides internet access to visiting friends.

The Nighthawk brand of high-performance routers and mesh WiFi systems with advanced network settings and sleek black designs are a favorite amongst tech savvy customers. Nighthawk Tri-band Mesh WiFi 6 System features the ability to customize household WiFi settings by enabling separate internet connections with different WiFi names. This capability creates new control over home WiFi performance. For example, always-connected smart home devices, such as thermostats, locks, lights, security cameras, garage door openers, and other appliances, can be assigned their own WiFi connection, while personal devices, like computers, smartphones, tablets, TVs, game consoles and bandwidth hungry devices are assigned to a different WiFi name. This segmenting of WiFi connections by device maximizes internet speeds and delivers even smoother video streaming. The new Nighthawk Tri-band Mesh WiFi 6 System also automatically prioritizes video streaming, gaming, and video conferencing applications, such as Zoom and Microsoft^® Teams with the dynamic QoS feature to ensure a seamless experience during work or play.

With the popular dual-band Nighthawk Mesh (MK63) designed to provide WiFi coverage for up to a 4,500 square-foot home at a more affordable entry-level price, Nighthawk customers have been asking for a tri-band version that delivers even greater coverage for a larger home. NETGEAR answered this call with this new Nighthawk Tri-band Mesh WiFi 6 System (MK83) that comes in a pack of 3 to deliver WiFi coverage for homes up to 6,500 square feet eliminating WiFi dead zones and ensuring the best-in-class WiFi performance. Tri-band WiFi with a dedicated WiFi connection between the mesh Nighthawk WiFi devices delivers speed and coverage for the entire household’s needs. There are four gigabit Ethernet ports available on the router and two on each satellite, which provide plenty of ports to connect wired devices like TVs, game consoles and other streaming devices.

The new Nighthawk Mesh WiFi system joins the family of NETGEAR best-in-class tri-band WiFi offerings utilizing the latest WiFi 6 technology. With this introduction, NETGEAR now provides more price performance options to fit the WiFi needs of any household. Nighthawk Mesh WiFi systems range from $299.99 with dual-band WiFi to this latest addition of the Nighthawk Tri-band Mesh WiFi 6 system at $499.99 for the router and two satellite kit. Other award-winning solutions include Orbi WiFi 6 Mesh systems that deliver coverage for up to 7,500 square-foot homes and even faster WiFi speeds, which range from $549.99 (RBK753) to $999.99 (RBK853) for the premium performance Orbi three-piece kit.

NETGEAR® Armor™ Cybersecurity:
The Nighthawk Tri-band Mesh WiFi 6 System (MK83) includes a free 30-day trial of NETGEAR Armor™ to protect your connected home from online threats. Armor’s multi-layered cybersecurity is built into the new Nighthawk Mesh system to secure all the connected devices including smart devices, smart phones and computers in a home network from phishing and other online threats. The NETGEAR Armor solution also includes the award-winning best-in-class Bitdefender Security anti-virus, anti-malware, and data protection device software for all your smartphones, and computers to provide security against any cyber threats even when not connected to the Nighthawk Mesh system^iv_.

Availability :
The NETGEAR® Tri-band Mesh WiFi 6 System (MK83) is now available in the US from NETGEAR.com and other online resellers for a manufacturer’s suggested retail price of $499.99 USD.

About NETGEAR, Inc.
Since 1996, NETGEAR® (NASDAQ: NTGR) has been the innovative leader in connecting the world to the internet with advanced networking technologies for homes, businesses and service providers around the world. As staying connected has become more important than ever, NETGEAR delivers award-winning network solutions for remote work, distance learning, UHD streaming, online game play and more. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to providing a range of connected solutions from easy-to-use high-performance Orbi^TM Mesh WiFi systems, the Nighthawk^® portfolio of WiFi routers, cable modems and mobile wireless, cloud-based subscription services for enhanced control and security, to smart networking products and video over Ethernet for Pro AV applications. The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the NETGEAR Investor Page or by calling (408) 907-8000. Connect with NETGEAR: Twitter, Facebook, Instagram and the NETGEAR blog at NETGEAR.com.

©2021 NETGEAR, Inc. NETGEAR the NETGEAR logo, 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.

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.