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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (2949)6/28/1999 8:27:00 AM
From: Paul Lee  Read Replies (1) of 14638
 
NETGEAR Serves Up New Line of Information Appliance Solutions Meeting the Network Storage Needs of SOHOs

SANTA CLARA, Calif.--(BUSINESS WIRE)--June 28, 1999--

NETGEAR Network Disk Drives Offer a Simple and Affordable Way to Share

Storage Space Across a Network

NETGEAR today broke new ground in providing simple and affordable networking solutions for small offices and home offices (SOHO) by announcing the first in a series of information appliances. NETGEAR's two new Network Disk Drives offer an easy to use, cost-effective way to share storage space across a network. Acting like an electronic file cabinet, the Network Disk Drive appliances offers 8 (Model ND508) and 20 (Model ND520) gigabytes of disk space for everyone on the network to store and share electronic documents, graphic files and any other data.

NETGEAR's Network Disk Drives are the first information appliances from a leading networking supplier to specifically address small businesses and simplify the use and installation of storage space on the network. Starting at $799 for 8 gigabytes, the lowest price in its class, NETGEAR brings the latest technology in compact, high-density network disk drives within the small business budget.

"Small businesses are starting to see the advantages of networking and sharing files and storage space. Unfortunately small business owners are finding that installing more storage space is complex and takes too much time," said Patrick Lo, vice president and general manager of NETGEAR. "But now with NETGEAR's Network Disk Appliances, adding storage space is as simple as installing a NETGEAR hub or a switch."

"Networking vendors bring a different perspective to the server appliance market by emphasizing how the latest communications technologies can simplify adding services and capabilities to the workgroup environment," said James Staten, principal server appliance analyst at Dataquest. "NETGEAR is uniquely positioned in the server appliance space through its combination of an extensive channel reach and its focus on simplifying complicated networking equipment for novice small business and home office users."

Features and Benefits

--Increased drive capacity. NETGEAR's information appliances offers 8 and 20 gigabytes of storage space to the network, increasing the drive capacity for everyone on the network. The network disk drives can also serve as a backup for the hard disk in a laptop or PC by simply dragging appropriate data files to the new drive.

--Hassle-free installation. Eliminating the difficulties associated with adding internal hard drives or expensive network servers, NETGEAR's Network Disk Drives automatically install onto the network once plugged into any 10 or 100 Mbps Ethernet port along the network.

--High performance. When connected to 100 Mbps Ethernet port, NETGEAR's Network Disk Drives offer end users the same performance speeds seen when accessing a file from a PC's internal hard drive.

--Easy Maintenance. Lighted indicators on the Network Disk Drives visually indicate how full of data the drives are, offering an easy way for small business owners maintain storage space on their network.

"NETGEAR takes the difficulty and headaches out of all areas of networking, and now even out of adding disk space," said Jim Novack, president of Panaventure Corp. "As a web site and e-Commerce development company, we found that our server was filling up rapidly as our clients' projects required more storage space for large databases and video. Adding drives to the server used to be complicated and expensive, but now by simply plugging in a NETGEAR Network Disk Drive box to the network, we instantaneously have storage space for our clients' projects."

A leader in SOHO networking, NETGEAR's products have earned numerous industry awards for NETGEAR's family of products. NETGEAR is committed to providing SOHOs with the most affordable, easy-to-use networking equipment on the market.

Pricing and Availability

Available July 1, 1999, the NETGEAR model ND508 will sell for $799 and model ND520 Network Disks for $1,299 (U.S. list). The product comes with a three-year warranty and free 24-hour, 7-day-a-week customer support.

All NETGEAR products can be purchased through computer super stores, consumer electronics retailers, computer equipment catalogs and NETGEAR's value-added resellers, such as MicroWarehouse, CompUSA, Fry's Electronics, Staples, Computer Discount Warehouse, MicroCenter, J&R and PC Connection. A listing of NETGEAR's worldwide channel partners and retail outlets can be found on the company's Web page (http://www.netgearinc.com). NETGEAR's products can also be purchased online at www.netgear-store.com.
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