Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

NETGEAR strengthens its Asia-Pacific operations

  • 19 August, 2004 11:48

<p>Sydney, Australia (August 19, 2004) – NETGEAR (Nasdaq: NTGR), a leading provider of easy-to-use, high-performance networking products, has promoted Ian McLean to the position of Asia-Pacific Vice President to manage expanding operations within the region.</p>
<p>NETGEAR has experienced a 29 per cent year on year growth in the Asia-Pacific, increasingly penetrating local markets and expanding operations in India, Japan and China. The position of Vice President has been created in response to this growth and in recognition of the company’s success in the area.</p>
<p>Ian McLean, who formerly held the position of Asia-Pacific Managing Director, has been appointed to the new role to manage regional business development.</p>
<p>“Increasing opportunities have opened up for NETGEAR in the Asia-Pacific as we have continued to expand our successful range of networking products,” said Patrick Lo, Chairman and CEO of NETGEAR. “The creation of this new role and the development of functional departments designed to streamline Asia-Pacific operations means we now have even more infrastructure in place to capitalise on these opportunities and reach our next level of regional growth.”</p>
<p>Recently identified as the Australian WLAN market leader, NETGEAR has benefited from the growth of home and business markets throughout the Asia Pacific and has experienced particular success with its comprehensive range of managed switches, security offerings and wireless networking products.</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 reserve</p>
<p># # #</p>
<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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