NETGEAR Announces World’s First Retail DOCSIS 3.

SAN JOSE, Calif., Jan. 04, 2017 (GLOBE NEWSWIRE) -- NETGEAR (NASDAQ: NTGR ), the leading global provider of innovative network devices, today announced the new NETGEAR CM1000 Ultra High Speed Cable Modem . CM1000 is the world’s first retail DOCSIS 3.1 Cable Modem certified by Comcast. CM1000 will be used by Comcast residential subscribers for Gigabit-per-second Internet speed. Comcast has rolled out Gigabit service to subscribers in Atlanta, Nashville, Chicago, Detroit and Miami. Comcast plans to bring Gigabit Internet speeds to many more cities in coming months.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...4a178ea304

The introduction of DOCSIS 3.1 is a major development in the evolution of ultra-high-speed broadband over existing infrastructure. This new Cable technology allows consumers to receive gigabit internet speeds over their existing Cable connection enabling ultra-fast speeds. Customers with a DOCSIS 3.1 gigabit-capable modem get the service by signing up for a new plan and then simply plugging in the new NETGEAR CM1000 modem. The NETGEAR CM1000 modem is also backward compatible with DOCSIS 3.0 and works with all existing speed tiers from Comcast.

DOCSIS 3.1 technology is the most advanced data over cable specification and will change the connected home and how media is consumed. This CableLabs®-certified DOCSIS 3.1 cable modem from NETGEAR is equipped to deliver current and future Internet speeds of cable internet connectivity.

“It is a pleasure to be a part of Comcast’s rollout of the world’s first DOCSIS 3.1 gigabit cable internet service. This truly marks the dawn of a new era for fast cable internet services into the home,” said David Henry, senior vice president of Home Networking Products for NETGEAR. “It is thrilling to be part of writing this new page of internet history and provide Comcast subscribers with the equipment they will need to fully utilize the new Gigabit connectivity. The CM1000 DOCSIS 3.1 Cable Modem designed to deliver the latest in connectivity for the new connected home.”

About NETGEAR, Inc. NETGEAR (NASDAQ: NTGR ) is a global networking company that delivers innovative products to consumers, businesses and service providers. The Company's products are built on a variety of proven technologies such as wireless (WiFi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which the Company's products are sold. NETGEAR products are sold in approximately 28,000 retail locations around the globe, and through approximately 27,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world. The company's headquarters are in San Jose, Calif., with additional offices in approximately 25 countries. More information is available from the NETGEAR investor page or by calling (408) 907-8000. Connect with NETGEAR on Twitter and Facebook .

©2016 NETGEAR, Inc. NETGEAR and the NETGEAR logo are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. DOCSIS is a trademark of Cable Television Laboratories, Inc . Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

* Maximum cable rate is derived from DOCSIS® 3.1 specifications and actual throughput will vary depending on your Internet subscription with your provider.

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 NETGEAR's business and the expected performance characteristics, specifications, reliability, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's 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 actual price, performance and ease-of-use of NETGEAR's products may not meet the price, performance and ease-of-use requirements of customers; product performance may be adversely affected by real world operating conditions; failure of products may under certain circumstances cause permanent loss of end user data; 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. 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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