London, UK and Santa Clara, Calif., USA - 7 February 2008 -
NEC Corporation, a leading global provider of internet and broadband
network solutions, and NETGEAR(r) Inc., a worldwide provider of
technologically advanced, branded networking solutions, today announced
that NETGEAR(r) Inc. and NEC Europe Limited, a subsidiary of NEC
Corporation, are collaborating to develop an Integrated 3G Access Point
that will be incorporated within NEC's Femtocell Solution offering.
NEC provides complete end-to-end solution offering for operators that
includes a 3G Femtocell Access Point, Femtocell Gateway, and Access
Point Management and Provisioning System. NEC offers a choice of 3G
Femtocell Access Points - NETGEAR's Femtocell Voice Gateway (DVG834GH)
will form a part of NEC's growing portfolio of multi-vendor Access
Points based on standard interfaces. The NETGEAR DVG834GH supports
Iu-over-IP and SIP interface. The Iu-over-IP interface between the
Access Point and the Femtocell Gateway is derived from the existing
3GPP GAN (Generic Access Network) standard with minor extensions which
are currently under consideration for standardisation. NETGEAR's
DVG834GH supports a standard 3GPP compliant air interface, enabling the
end user to make or receive calls using their existing 3G handset. The
NETGEAR DVG834GH will interoperate with and will be managed and
provisioned by the NEC Access Point Management and Provisioning system
based on the TR-069 standard specifications.
NETGEAR's DVG834GH includes a comprehensive residential gateway with
integrated ADSL2+ modem, router, 10/100 wired LAN switch, 802.11g
wireless access point, Voice over-IP (VoIP), SPI double firewall, and a
3G mobile access point based on WCDMA technology. The NETGEAR DVG834GH
will enable mobile operators to extend and improve 3G coverage and
capacity in a home and/or small office environment, as well as provide
seamless access to advanced home networking services via the existing
3G handsets.
Anil Kohli, Director of Global Femto Competence Centre at NEC Europe
commented: "We are delighted to work with NETGEAR to offer their
innovative femtocell product as part of our market-leading Femtocell
Solution. The global market for femtocells is set to grow massively,
with some forecasts predicting several million femtocells deployed by
2011. With this collaboration, NEC and NETGEAR are addressing a key
segment of the market which demands a femtocell integrated with a
residential gateway."
David James, NETGEAR's director of product marketing for service
provider markets, added: "Aligning our product within the NEC ecosystem
enables us to leverage NEC's recognized market leadership in this area.
We are very excited to have our innovative product adopted by NEC and
anticipate an enthusiastic response to our combined solution from the
operator community."
About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet,
broadband network and enterprise business solutions dedicated to
meeting the specialised needs of its diverse and global base of
customers. NEC delivers tailored solutions in the key fields of
computer, networking and electron devices, by integrating its technical
strengths in IT and Networks, and by providing advanced semiconductor
solutions through NEC Electronics Corporation. The NEC Group employs
more than 150,000 people worldwide. For additional information, please
visit http://www.nec.com
About NETGEAR(r), Inc.
NETGEAR(r) (NASDAQGM: NTGR) designs technologically advanced, branded
networking solutions 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. As an ENERGY STAR(r) partner, NETGEAR offers
products that prevent greenhouse gas emissions by meeting strict
energy-efficiency specifications set by the U.S. government. NETGEAR is
headquartered in Santa Clara, Calif. For more information, visit the
company's Web site at www.netgear.com or call (408) 907-8000.
(c) 2008 NETGEAR, Inc., NETGEAR(r), and 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. Actual data
throughput will vary from maximum signal rates stipulated. Network
conditions and environmental factors, including volume of network
traffic, building materials and construction, and network overhead,
lower actual data throughput.
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 development of future NETGEAR
products interoperating with the NEC Femtocell Gateway and the expected
performance characteristics, specifications, market acceptance, market
growth, specific uses, user feedback and market position of NETGEAR's
Femtocell Voice Gateway (DVG834GH), 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 development of NETGEAR products that
interoperate with NEC Femtocell Gateway may be unsuccessful or may be
delayed; NETGEAR or NEC Corporation may choose not to proceed with the
planned agreement if there are technological difficulties or if there
is no market demand for such products, the actual price, performance
and ease of use of NETGEAR's Femtocell Voice Gateway (DVG834GH) may not
meet the price, performance and ease of use requirements of customers,
product performance may be adversely affected by real world operating
conditions, 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, including, but not limited to, those risks and
uncertainties listed in the section entitled "Part II - Item 1A. Risk
Factors," pages 27 through 38, in the Company's Quarterly Report on
Form 10-Q for the fiscal quarter ended September 30, 2007, filed with
the Securities and Exchange Commission on November 9, 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.
About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet,
broadband network and enterprise business solutions dedicated to
meeting the specialized needs of its diverse and global base of
customers. NEC delivers tailored solutions in the key fields of
computer, networking and electron devices, by integrating its technical
strengths in IT and Networks, and by providing advanced semiconductor
solutions through NEC Electronics Corporation. The NEC Group employs
more than 150,000 people worldwide. For
additional information, please visit the NEC home page at: www.nec.com