SANTA CLARA, Calif., July 16 /PRNewswire-FirstCall/ - NETGEAR, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products, today announced that its Digital Entertainer HD (EVA8000) was recognized by PC World's editors, one of the toughest panels of technology experts, as a "PC World Best Buy" award winner. In a review roundup titled "Entertainment Everywhere," NETGEAR's device was ranked first, singled out from six other digital media receivers on the market, including Apple TV. It was the only device to achieve a "Very Good" rating based on performance, versatility, features and ease of use. The article and review appears in the August 2007 issue of PC World, available on newsstands now and online at: http://www.pcworld.com/article/id,133190/article.html.
SANTA CLARA, Calif., July 16 /PRNewswire-FirstCall/ – NETGEAR, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products, today announced that its Digital Entertainer HD (EVA8000) was recognized by PC World's editors, one of the toughest panels of technology experts, as a "PC World Best Buy" award winner. In a review roundup titled "Entertainment Everywhere," NETGEAR's device was ranked first, singled out from six other digital media receivers on the market, including Apple TV. It was the only device to achieve a "Very Good" rating based on performance, versatility, features and ease of use. The article and review appears in the August 2007 issue of PC World, available on newsstands now and online at: http://www.pcworld.com/article/id,133190/article.html.
"The 'Best Buy' designation is a highly coveted prize in technology, and we're thrilled that our Digital Entertainer HD outperformed the other devices on the market," stated David Henry, NETGEAR's director of home/consumer products. "The living room is fast becoming the digital entertainment hub as more families are choosing to enjoy their digital media — from many different sources — in comfort, and on their own terms. Our Digital Entertainer HD was designed to reflect this trend and play more digital content than any other digital media receiver, offering unmatched ease of use and the capability to stream myriad digital files to both standard and high-definition TVs."
The "PC World Best Buy" is one of the most sought after honors in technology, and one of the most difficult to win. According to PC World, the "Best Buy" endorsement takes an extraordinary balance of features and specifications, product performance, design and usability, and price — in short, overall value — for a product to win. It is also a key element in the purchase process of technology products for PC World readers, who consider this award as a deciding factor in choosing the best products with the best prices.
"The top-rated NETGEAR Digital Entertainer HD has unique features like Flickr photo streaming, Apple and Windows Media DRM support, and DVR capabilities," according to the PC World staff. "It went way beyond the competition in versatility." In his overall assessment of the device, Lincoln Spector, PC World contributing editor, said "NETGEAR's Digital Entertainer HD is a feature-packed product … The device played almost every file I threw at it: DivX, Xvid, and .mp4 (MPEG-4 video with .aac audio)." He went on to say, "Unlike any other player, NETGEAR's high-definition Digital Entertainer transforms your TV into an extension of your home network, and of the Internet."
The Digital Entertainer HD automatically discovers HD movies, TV shows, music files, and personal photos on a home network, across multiple computers, and organizes these into a single media library displayed on a TV without the need for media server software running on the computer. Users of the innovative Digital Entertainer HD can play HD movie downloads, including those from BitTorrent(TM)'s online marketplace, as well as stream Internet videos to their TV from Web sites such as YouTube. The Digital Entertainer HD also accesses photos directly from Flickr(TM) without a computer. It enables music lovers to enjoy an improved audio experience by listening to their iTunes libraries and iPod(R)s on their home theater system. The Digital Entertainer HD even plays Internet radio directly and can access RSS news feeds and NOAA weather and maps. The device supports access to created, downloaded and purchased content on standard Windows(R) XP and Vista PCs through Windows Media Connect. The Digital Entertainer HD can also stream many unprotected file formats from Macs, Linux computers, USB storage devices such as flash drives and the iPod(R), and other portable music and video players.
NETGEAR's feedback from consumers has also been extremely positive. Well over 80% of consumers surveyed indicated that they were satisfied with the product, with 63% describing themselves as "very satisfied." 82% also said that they would recommend the product to others, citing the fact that it's easy to use, supports several file formats, and plays most of the content available to consumers.
More information on the award-winning Digital Entertainer HD is available at: http://www.netgear.com/Products/Entertainment/DigitalMediaPlayers/EVA8000.aspx
About NETGEAR, Inc.
NETGEAR (Nasdaq: NTGR) designs technologically advanced, branded networking products that address the specific needs of small and medium business and home users. The Company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com or call (408) 907-8000.
(C) 2007 NETGEAR, Inc. NETGEAR, the NETGEAR Logo 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 Digital Entertainer HD (EVA8000) 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 the Digital Entertainer HD (EVA8000) product may not meet the price, performance and ease of use requirements of customers, product performance and throughput may be adversely affected by real world operating conditions, 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 I – Item 1A. Risk Factors," pages 20 through 29, in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended April 1, 2007, filed with the Securities and Exchange Commission on May 11, 2007. 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.
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