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NETGEAR Introduces Enterprise Storage Under $10,000

Stock quotes in this article: NTGR

SAN JOSE, Calif., May 30, 2012 /PRNewswire/ -- NETGEAR®, Inc. (NASDAQGM: NTGR), a global networking company that delivers innovative products to consumers, businesses and service providers, today announced the NETGEAR ReadyDATA™ unified storage family. ReadyDATA is an enterprise-class storage product that is significantly less expensive and dramatically easier to use than traditional enterprise offerings. These new products feature native de-duplication, thin provisioning and unlimited snapshots, with support for SATA, SAS and SSD disk drives. ReadyDATA scales to 180TB capacity (five times larger than the current flagship model), and is the first product of its kind to include data replication as a standard feature.

The ReadyDATA platform delivers tier-1 storage features with extraordinary simplicity. Users can leverage thin provisioning in virtual environments, replicate files and databases to offsite locations and recover data from unlimited point-in-time snapshots, all with just a few mouse clicks. And, every ReadyDATA includes the world's first cloud-managed replication, ensuring secure, high-performance disaster recovery without extra software, servers or network configuration. Now customers and partners can avoid complex licensing, expensive installation specialists and incremental maintenance agreements, as well as the intimidating prices associated with traditional "big IT" offerings.

ReadyDATA systems include a full set of datacenter-class storage capabilities, such as:

  • Thin provisioning, compression and de-duplication of block (SAN) and file (NAS) data
  • Replication over 128-bit SSL connections for block and file data
  • Unlimited snapshots for block and file data
  • Scalability up to 60 drives and 180TB total capacity
  • Two 10Gb Ethernet ports and mixed configurations of SATA, SAS and SSD drives
  • Instant capacity expansion support that eliminates RAID configuration time
  • Backup software compatibility with major vendors like Symantec, Acronis, CommVault, StorageCraft, Veeam and Quest
  • Virtual network interface support for powerful network traffic management
  • Virtualization vendor certifications from VMware, Microsoft and Citrix

"SMBs favor IT solutions that are modular in design and provide the entry-level functionality that they may need initially, while providing the flexibility to scale to future needs," said Jim Browning, Gartner VP. "This modularity provides them with investment protection and enables them to make incremental investments as time, resources and budget permit. However, they want a complete feature set in their standard pricing. SMBs have cited frustration resulting from unexpected additional charges for key functionality after the initial deployment."

"We didn't think we could afford a storage solution with so many advanced features and still make sense of it ourselves. The ReadyDATA 5200 gave us all of the tools that we thought we couldn't afford, and we're especially pleased with the usability," said Dave DePillis at Kelly Kronenberg, a legal services firm in the southeastern United States. "I'm familiar with traditional enterprise vendors and this does just as much - but costs me a lot less."

"Not only are we excited by NETGEAR's growing leadership in the storage market, we're astonished by how simple this system was to quote, assemble and deliver to our customers," said Jeff Wilhelm, Director of Engineering with Envision Technology Advisors, LLC, a NETGEAR reseller partner in the northeastern United States.

"We've been quietly increasing momentum in the entry-level storage space and are now the leader, according to Gartner," said Drew Meyer, senior director of marketing for the NETGEAR commercial business unit. "We're breaking new ground for midmarket organizations with the ReadyDATA platform, serving the needs of a market that has long been neglected by traditional vendors."

Pricing and Availability

NETGEAR ReadyDATA products are available from authorized NETGEAR PowerShift® channel partners worldwide in late June:

  • The NETGEAR ReadyDATA 5200, with up to 12 drives in a 2U enclosure and support for two expansion disk arrays. List pricing with 12 enterprise SATA drives is $14,000 with a North American street price estimated under $10,000 USD.
  • The NETGEAR ReadyDATA EDA4000, a 4U expansion disk array allowing up to 24 additional drives. List price is $3500, with a North American street price estimated around $2500 USD (SATA, SAS and SSD drive packs sold separately).

More Information

To learn more about NETGEAR ReadyDATA family, please visit: http://www.netgear.com/readydata

About NETGEAR, Inc.

NETGEAR (NASDAQGM: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. For consumers, the company makes high performance, dependable and easy to use home networking, storage and digital media products to connect people with the Internet and their content and devices. For businesses, NETGEAR provides networking, storage and security solutions without the cost and complexity of big IT. The company also supplies top service providers with retail proven, whole home solutions for their customers. NETGEAR products are built on a variety of proven technologies such as wireless, Ethernet and Powerline, with a focus on reliability and ease-of-use. NETGEAR products are sold in approximately 29,000 retail locations around the globe, and through approximately 41,000 value-added resellers. The company's headquarters are in San Jose, Calif., with additional offices in 25 countries. NETGEAR is an ENERGY STAR® partner. More information is available at http://www.NETGEAR.com or by calling (408) 907-8000. Connect with NETGEAR at http://twitter.com/NETGEAR and  http://www.facebook.com/NETGEAR.

© 2012 NETGEAR, Inc. NETGEAR, the NETGEAR logo, and ReadyDATA 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 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, including, but not limited to, those risks and uncertainties listed in the section entitled "Part II - Item 1A. Risk Factors," pages 40 through 58, in the Company's quarterly report on Form 10-Q for the fiscal quarter ended April 1, 2012, filed with the Securities and Exchange Commission on May 8, 2012. 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.

(Logo: http://photos.prnewswire.com/prnh/20030730/NETGEARLOGO)

SOURCE NETGEAR, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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