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NETGEAR expands its distributor portfolio

  • 01 October, 2003 10:36

<p>Sydney, Australia (October 1, 2003) – Networking specialist NETGEAR (Nasdaq:NTGR) has appointed Synnex Australia as a national distributor, extending NETGEAR’s reach within the Australian market.</p>
<p>Synnex has worked with NETGEAR for the past two years as a sub-distributor but its business has now grown to a level that warrants its appointment as a full distributor.</p>
<p>“2003 has been a record year for NETGEAR globally with our successful listing on the NASDAQ stock exchange, our recent financial results and the runaway success of our business-class and SOHO product portfolios,” said Ian McLean, Managing Director, NETGEAR Asia Pacific.</p>
<p>“To perpetuate this growth and extend NETGEAR’s reach throughout Australia, Synnex will now join NETGEAR as a new national distrbutor, complementing our established distributor base.”</p>
<p>Since its inception in 1997, Synnex Australia has enjoyed rapid growth throughout Australia, now placed as one of the country’s top three IT distributors.</p>
<p>"Synnex has been working with NETGEAR for over two years now, so this direct relationship will bring the business to a new level for both of us. The NETGEAR brand is already strong in the networking space and Synnex can now extend and fully support our customer base with NETGEAR solutions," said Kee Ong, Senior Manager, Synnex.</p>
<p>About NETGEAR
NETGEAR provides easy-to-use, reliable networking solutions for homes and businesses worldwide. Headquartered in Santa Clara, California, NETGEAR designs and develops products that enable home and small/medium business users to share Internet access, peripherals, digital content and applications among multiple personal computers and other Internet-enabled devices. The company markets and sells its products through a global network of resellers, including more than 4,500 retail stores, mail order catalogues and online retailers. Additionally, NETGEAR offers customers free support 24 hours a day, seven days a week.</p>
<p>NETGEAR was named in Deloitte &amp; Touche’s “2001 Technology Fast 50” Program for Silicon Valley, due to its 4,527 percent growth over the past five years.
For more information, visit the company's website at www.netgear.com.au or call 02 8448 2072.
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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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