NETGEAR DEBUTS WIFI 6E WITH NEW NIGHTHAWK RAXE500 TRI-BAND WIFI ROUTER

SAN JOSE, Calif. — January 11th, 2021 — NETGEAR®, Inc. (NASDAQ: NTGR), the worldwide leading provider of award-winning advanced networking products for home and office has today announced, during the historic virtually-hosted CES 2021, the introduction of the world’s first all-purpose WiFi 6E router, the Nighthawk® RAXE500 Tri-band WiFi router. Promised to elevate the WiFi experience by providing speeds up to 10.8Gbpsⁱ, this latest addition to the Nighthawk line of performance routers ushers in a new era of fast connectivity on the new 6Ghz band, free of interference and congestion.

Working, learning, and video streaming from home has placed greater demands on home WiFi networks. Devices in these ultra-connected households have been in a constant contest for bandwidth on crowded WiFi networks. WiFi 6E resolves these congestion issues by adding previously unavailable 6GHz WiFi spectrum that can be used to broadcast WiFi signals and connect to more devices with faster speeds and reliability. Up until the introduction of WiFi 6E, WiFi routers have been limited to the 2.4GHz and 5GHz bands. The new third 6GHz band will dramatically increase the capacity of networks to support more devices.

“The proliferation of Wi-Fi over the last few decades first stressed the 2.4 GHz band and then eventually the 5 GHz band with Wi-Fi 4, 5, and 6,” said Phil Solis, research director at IDC. “As regulatory bodies around the world open up the 6 GHz band, Wi-Fi 6E networks will provide enabled devices with the breathing room to use large channels even in dense and congested areas with higher average data rates and lower latency.”

A CES 2021 Innovations Award Honoree, the Nighthawk RAXE500 Tri-band WiFi router is designed to provide the fastest WiFi speed possible with higher-capacity, lower latency, and the latest WPA3 security. With cutting-edge technology, the new WiFi 6E router from NETGEAR expands WiFi for more capability, capacity, and experiences for a new world of uninterrupted connectivity while simultaneously conducting distance learning, video conferencing, and 4K/8K video streaming. With the new 6GHz band, this Nighthawk performance router delivers the faster speeds, smoother streaming, less interference, and improved latency for devices and WiFi-hungry applications for an overall enhanced experience.

“Our mission at NETGEAR is to provide products with cutting edge technologies to enable people to work, learn, stream and game more effectively in a connected world,” said David Henry, senior vice president of Connected Home Products for NETGEAR. “We are pleased to be recognized by the Consumer Technology Association for our commitment to this mission with the introduction of the industry’s first all-purpose WiFi 6E router. The Nighthawk RAXE500 Tri-band WiFi Router will capitalize on the available bandwidth afforded by the new 6Ghz channel, delivering an increase in speed and capacity that has never been experienced up until this moment.” 

Technical Specifications :

• New 6GHz Band—with up to 200% more available spectrum than dual-band (5GHz and 2.4GHz) WiFi alone.
  • Ultra-Low Latency—Very few devices on new 6GHz band means lower latency for gaming and real-time traffic.
  • More High-Bandwidth WiFi Channels—Blazing-fast speed and less interference with 3X more high-bandwidth 160MHz WiFi channels.
• 12-Streams Tri-Band WiFi—Four streams of 6GHz, four streams of 5GHz, and four streams of 2.4GHz equates to more available bandwidth and less congestion for all devices on WiFi.
• WiFi 6E Optimized Powerful Processor—Ideal for Gigabit Internet speeds, a 64-bit 1.8GHz quad-core processor ensures smooth 4K/8K UHD streaming and gaming.
• Multi-Gig Ethernet Port 2.5G—2.5X the wired speed of a typical Gigabit port, to be used for LAN or Internet connectivity.
• Five (5) Gigabit Ethernet Ports—Connect more wired devices for faster file transfer and uninterrupted connections. Aggregate two Gigabit LAN ports and two Gigabit WAN ports (configurable) concurrently.
• Pre-optimized Antennas—Unfold and set antennas on the router; no further adjustment required. The Nighthawk RAXE500 antennas come pre-optimized for the best WiFi performance.
• NETGEAR® Armor™ Cybersecurity for your Home—Advanced cyberthreat protection for your home network and an unlimited number of connected devices. Learn more at netgear.com/armor.
• Automatic firmware updates—Latest security patches delivered to the router without the need for user intervention.

NETGEAR® Armor™ Cybersecurity :
The Nighthawk RAXE500 Tri-band WiFi router includes a free 30-day trial of NETGEAR Armor™ to protect the connected home from online threats. Armor’s multi-layered cybersecurity is built into the RAXE500 router to provide the peace of mind that you have the best-in-class anti-virus, anti-malware, and data protection for your smart devices, smartphones, and computers. NETGEAR Armor provides protection for all your connected devices from cyber threats on the WiFi network as well as when off network and on-the-goⁱⁱ.

Availability :
The NETGEAR® Nighthawk® RAXE500 Tri-band WiFi router is currently planned to be available within the first quarter of 2021 from NETGEAR.com and other online resellers for a manufacturer’s suggested retail price of $599.99 USD.

About CES Innovation Awards :
The CES Innovation Awards program, owned and produced by the Consumer Technology Association (CTA)®, is an annual competition honoring outstanding design and engineering in consumer technology products across 28 product categories. An elite panel of industry expert judges, including members of the media, designers, engineers and more, reviewed submissions based on innovation, engineering and functionality, aesthetics and design. 

About NETGEAR, Inc.
NETGEAR® (NASDAQ: NTGR) has pioneered advanced networking technologies for homes, businesses, and service providers around the world since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video over Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online game play. The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the NETGEAR Investor Page or by calling (408) 907-8000. Connect with NETGEAR: Twitter, Facebook, Instagram and the NETGEAR blog at NETGEAR.com.

©2021 NETGEAR, Inc. NETGEAR the NETGEAR logo and Nighthawk, are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. 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.

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.