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NETGEAR Debuts Industry-First Orbi Tri-Band Mesh WiFi Cable Modem Router SystemSAN JOSE, Calif., May 08, 2018 (GLOBE NEWSWIRE) -- NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking devices for smart home, and small business environments, is making a significant addition to the popular award-winning Orbi™ Home WiFi System product family to offer even better WiFi, everywhere for those with cable internet. The new Orbi Tri-Band WiFi Cable Modem Router System(CBK40) joins the award-winning line up as the industry’s first whole-home WiFi router with a built-in cable modem, app setup and patented, high-performance FastLane 3 Tri-Band WiFi.
With the 2-in-1 Orbi Tri-Band WiFi Cable Modem System replacing your existing cable modem and router, you will step up to an experience of ultra-fast mesh WiFi coverage for homes up to 4,000 square feet. For larger properties, adding Orbi Satellites to your system will expand coverage by an additional 2,000 square feet per satellite. Compatible with all major cable internet service providers, the Orbi Tri-Band WiFi Cable Modem System is designed to work, right out of the box, with Xfinity from Comcast XFINITY®, Spectrum, Cox1 and more. This new modem router will soon pay for itself with the money you save by eliminating equipment leasing fees from your internet provider. “We’re excited to be the first retail offering to combine the benefits of Orbi whole-home WiFi mesh networking with an embedded cable modem in a single, space-saving device,” said David Henry, senior vice president of Connected Home Products for NETGEAR. “With the Orbi Tri-Band WiFi Cable Modem System, you’ll benefit from incredibly fast cable downloads and blazing-fast WiFi for an uninterrupted data flow to more connected devices, everywhere in your home, plus tons of great Orbi features like voice commands and smart parental controls, which will be added to the offering soon.” Orbi Key Features and Benefits
The Orbi Cable Modem WiFi System is the industry’s first retail gateway offering mobile app set up, which also allows easy network management through the app. The Orbi app will allow you to ensure that you keep the network current with automated Orbi software updates for new features and WiFi enhancements. Orbi is also compatible with the popular voice command offerings and can be easily controlled through a variety of simple commands for both Amazon Alexa™ and the Google® Assistant. Pricing and Availability An Orbi Whole Home WiFi System (CBK40) consisting of the Orbi Tri-Band WiFi Cable Modem Router plus 1 Orbi satellite has an MSRP of $399.99. Orbi products are available through authorized NETGEAR partners and other reseller channels, ecommerce sites, and major retailers. Please visit the NETGEAR website to see other models available in the Orbi Tri-Band Home WiFi System family. About NETGEAR, Inc. ©2018 NETGEAR, Inc. NETGEAR, the NETGEAR logo, and Orbi are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. DOCSIS and CableLabs are trademarks 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® 3.0 specifications and actual throughput will vary depending on your Internet subscription with your provider. Customer-owned modems may not be compatible with certain cable networks. Please check with your cable provider to confirm this NETGEAR modem is allowed on your cable network. This product is not compatible with Cable bundled voice services. ** Maximum wireless signal rate derived from IEEE standard 802.11 specifications. 2.2Gbps or AC2200 equals 450Mbps at 2.4GHz 802.11n + 1733Mbps at 5GHz 802.11ac. Actual data throughput and wireless coverage will vary. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput rate and wireless coverage. NETGEAR makes no express or implied representations or warranties about this product’s compatibility with any future standards. 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. Source: NETGEAR-G _________________________ A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/e8e8f63e-3de3-4b02-a5fc-6a0c6db32274 U.S. Media Contact: Nathan Papadopulos, (408) 890-3889, [email protected] U.S. Sales Inquiries: (408) 907-8000, [email protected] U.S. Customer Inquiries: (888) NETGEAR |