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NETGEAR switches old for new

  • 24 June, 2005 09:26

<p>Sydney, Australia (June 24, 2005) – NETGEAR (Nasdaq: NTGR) a leading provider of easy to use, high-performance networking products, strengthens its attack on the corporate space with the release of a new offer that allows customers to trade in their old switches for new NETGEAR models.</p>
<p>Under the ‘Trade Up’ offer, any business that trades in redundant Cisco, 3Com, HP or Nortel switches before July 31 will receive up to $100 off a new NETGEAR managed switch. NETGEAR guarantees that its switches will work with any existing network infrastructure and legacy equipment, or it will give customers a full credit to the value of the product.</p>
<p>“After Y2K, many companies undertook a radical equipment refresh,” said Katrina Myles, Business Development Manager, NETGEAR. “Now, five years on, these systems have again become dated and need upgrading. Our new offer provides business with an easy and affordable way to refresh old hardware and take advantage of the latest switching technology. ”</p>
<p>Complementing the Trade Up offer, NETGEAR has also unveiled new corporate pricing that provides customers with significant savings on its business-class products, particularly on its popular range of switches.</p>
<p>“Through unique offers and competitive pricing we continue to provide true value and innovation to local businesses, further strengthening NETGEAR’s position as a corporate solutions and support provider,” said Myles.</p>
<p>A wide selection of NETGEAR’s powerful and feature-rich managed switches are valid under the Trade Up offer, including:</p>
<p>FSM726 24 port 10/100 Layer 2 Managed Switch with 2 Gigabit ports</p>
<p>FSM726S 24 port 10/100 Layer 2 Managed Stackable Switch with 2 Gigabit ports</p>
<p>FSM750S 48 port 10/100 Layer 2 Managed Stackable Switch with 2 Gigabit ports</p>
<p>FSM7328S 24 port 10/100 Layer 3 Managed Stackable Switch with 4 Gigabit ports</p>
<p>FSM7352S 48 port 10/100 Layer 3 Managed Stackable Switch with 4 Gigabit ports</p>
<p>FSM7326P 24 port 10/100 Layer 3 PoE Managed Switch with 2 Gigabit ports</p>
<p>GSM7212 12 port 10/100/1000 Layer 2 Managed Switch</p>
<p>GSM7224 24 port 10/100/1000 Layer 2 Managed Switch</p>
<p>GSM7312 12 port 10/100/1000 Layer 3 Managed Switch</p>
<p>GSM7324 24 port 10/100/1000 Layer 3 Managed Switch</p>
<p>To claim the NETGEAR rebate, customers simply register their details online at: www.netgear.com.au/tradeup</p>
<p>About NETGEAR</p>
<p>NETGEAR (Nasdaq: NTGR) designs technologically advanced, branded networking products that address the specific needs of businesses and home users. Headquartered in Santa Clara, California, NETGEAR’s suite of approximately 100 products enables users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. For more information, visit the company's website at www.netgear.com.au or call 02 8448 2072.</p>
<p>NETGEAR and the NETGEAR logo are registered trademarks of NETGEAR, Inc. in the United States and other countries. Other brand and product names are trademarks of their respective holders. Information is subject to change without notice. All rights reserved
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<p>Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the expected performance characteristics, specifications, market acceptance, market growth, specific uses and market position of NETGEAR, Inc. and its products and technology are forward-looking statements. Other forward-looking statements generally can be identified by the use of forward-looking terminology such as, “believe”, “expect”, “may”, “will”, “intend”, “estimate”, “continue”, or similar expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, without limitation, the price and performance requirements of our customers, demand for our products, potential delays in development or certification of our products and other risks detailed in our periodic reports and other documents filed with the Securities and Exchange Commission. We caution you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. NETGEAR does not assume any obligation to update these forward-looking statements.</p>

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