NETGEAR's Wireless Networking Promotion Ensures There's No Place Like Home for the Holidays

Retail Partners Help Consumers Wrap Up Significant Savings on Wireless Networking Devices for a “Wireless Home for the Holidays”

SANTA CLARA, Calif. — November 1, 2004 — NETGEAR®, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products, announced today its “Wireless Home for the Holidays” promotion aimed at holiday shoppers. Customers purchasing a wide variety of NETGEAR products at such national and online retailers as Amazon.com, Best Buy, Buy.com, Circuit City, CompUSA, Costco, Fry’s, NewEgg.com and Staples, among others, can save on their purchases with a mail-in rebate. Rebates will vary by product and retail chain, with possible additional in-store discounts; details are available on the NETGEAR web site at http://www.netgear.com/go/holidays2004. NETGEAR’s rebate program runs from today through December 31, 2004.

“As a leading vendor of consumer networking devices, the holiday season is historically NETGEAR’s strongest sales period. This year, we are well poised to benefit from the increasing popularity of wireless networking, as we’re able to offer shoppers a broader line of home networking devices that support wireless entertainment. Our ‘Wireless Home for the Holidays’ promotion is our way to help our retail partners take advantage of this trend to attract discriminating shoppers,” said Patrick Lo, NETGEAR’s chairman and chief executive officer.

Wireless networks are growing in popularity as they enable consumers to share an Internet connection easily and without having to install ugly cabling. Among the extensive list of qualifying products for the rebate offer are a variety of NETGEAR devices based on 802.11b and 802.11g wireless technology standards. Below are a few examples of NETGEAR products that will make popular additions under the Christmas tree in every digital home:

  • NETGEAR’s line of 108 Mbps wireless products translates to the greatest range of any wireless network, and enables the family to easily share multimedia files such as MP3s, digital videos and jpg photos, while enjoying faster file-sharing and robust security features. The 108 Mbps Wireless Firewall Router (WGT624) and accompanying 108 Mbps Wireless PC Card (WG511T), 108 Mbps Desktop PC PCI Adapter (WG311T), and 108 Mbps Wireless USB 2.0 Adapter (WG111T) are all based on 802.11g wireless technology but operate at “Super G” speeds of up to 108 Mbps that increase signal range and throughput, thereby extending the range of the network to offer whole-home coverage.
  • The 108 Mbps Wireless Storage Router (WGT634U) supports storage access off the router via a USB interface, enabling users to store and share files and entertainment content such as MP3 files, digital photos and digital video. It provides instant, seamless access from PC and Web applications on computers connected on the home network, as well as from the Internet when away from home — meaning that it’s easy to show Grandma photos on the home computer in California before Christmas dinner at her house in Boston.
  • NETGEAR’s pocket-sized 54 Mbps Wireless Travel Router (WGR101) is a perfect stocking-stuffer for anyone who appreciates the ability to set up an instant wireless multi-user network in a room with an existing wired Ethernet connection, with the added security of a “double” firewall. Business “road warriors” can establish a wireless connection in a hotel room or in an offsite conference room; students can wirelessly connect an ad hoc study group to the Internet; gamers can host a wireless LAN party. As small as a deck of cards, the 54 Mbps Wireless Travel Router comes with its own carrying case and has an internal antenna to eliminate the possibility of breakage during transport.
  • The Wireless Digital Music Player (MP101) will make any parent very popular with the teenagers on his or her gift list! It’s an affordable and easy to use network adapter for home stereos. Listeners can use a remote control and built-in LCD to select the play list of MP3 and Windows Media music files stored on any networked PCs, sending the music directly to the stereo speakers, offering a whole-home “wireless hi-fi” experience.” The Wireless Digital Music Player also streams RealNetworks’ Rhapsody™ Internet jukebox service and worldwide Internet radio via vtuner.com.

NETGEAR networking products are backed by a one-year warranty and 24/7 technical support. They are available via the NETGEAR online store (www.buynetgear.com) and through leading retailers, direct marketers, e-commerce sites, and value-added resellers.

About NETGEAR®, Inc.
NETGEAR® (Nasdaq: NTGR) designs technologically advanced, branded networking products that address the specific needs of small and medium business and home users. The Company's suite of over 100 products enables users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. 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.

©2004 NETGEAR, Inc., NETGEAR, the NETGEAR logo, Smart Wizard, ProSafe and Everybody’s Connecting 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.

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 Company’s products, expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR and its 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: maximum wireless signal rates are based on industry standards and actual data throughput will vary and may be lower depending on network conditions and environmental factors, the actual price and performance of NETGEAR’s products may not met the price and performance requirements of customers, economic uncertainty may cause lower customer demand in the fourth quarter of 2004, the ability of NETGEAR to market and sell i ts products and technology, the availability of NETGEAR products and rebates if there is strong demand, 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 “Risk Factors Affecting Future Results”, pages 20 through 29, in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2004, filed with the Securities and Exchange Commission on August 11, 2004. 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.

For more information:

NETGEAR Corporate Inquiries:
Doug Hagan
Director, Corporate Marketing
NETGEAR, Inc.
(1) (408) 907-8053
doug.hagan@netgear.com

NETGEAR Media Inquiries:
Lisa Hawes
Account Supervisor
Sterling Communications
(1) (408) 395-5500 x227
lhawes@sterlingpr.com