NETGEAR Completes Acquisition of Select Assets of the Sierra Wireless AirCard Business

NETGEAR Completes Acquisition of Select Assets of the Sierra Wireless AirCard

PR Newswire

SAN JOSE, Calif., April 2, 2013

SAN JOSE, Calif., April 2, 2013 /PRNewswire/ --NETGEAR®, Inc. (NASDAQGM:
NTGR), a global networking company that delivers innovative products to
consumers, businesses and service providers, today announced that it has
completed the acquisition of select assets and operations of the Sierra
Wireless, Inc. ("Sierra Wireless") AirCard® business. NETGEAR expects the
acquisition to accelerate the mobile initiative of its service provider
business unit to become a global leader in providing the latest in LTE data
networking access devices.

The AirCard business brings to NETGEAR certain intellectual property, a
world-class LTE engineering team, several customer contracts, inventory and
fixed assets.

The AirCard business is being integrated into NETGEAR's service provider
business under Michael Clegg, Senior Vice President and General Manager of
NETGEAR's service provider business unit.

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 35,000 retail locations around the globe, and through over
41,000 value-added resellers. The company's headquarters are in San Jose,
Calif., with additional offices in over 25 countries. NETGEAR is an ENERGY
STAR partner. More information is available at or
by calling (408) 907-8000. Connect with NETGEAR at

© 2013 NETGEAR, Inc. NETGEAR and the NETGEAR logo are trademarks or registered
trademarks of NETGEAR, Inc. and its affiliates in the United States and/or
other countries. 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.

NETGEAR Investor Relations
Christopher Genualdi
(408) 890-3520

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. The words "expect",
"will" or other similar words are used to identify such forward-looking
statements. However, the absence of these words does not mean that the
statements are not forward-looking. The forward-looking statements represent
NETGEAR, Inc.'s expectations or beliefs concerning future events based on
information available at the time such statements were made and include
statements regarding expectations regarding our recent acquisition of the
Sierra Wireless AirCard business. These statements are based on management's
current expectations and are subject to certain risks and uncertainties,
including, without limitation, the following: future demand for the Company's
products may be lower than anticipated; consumers may choose not to adopt the
Company's new product offerings or adopt competing products; product
performance may be adversely affected by real world operating conditions; the
Company may be unsuccessful or experience delays in manufacturing and
distributing its new and existing products; telecommunications service
providers may choose to slow their deployment of the Company's products or
utilize competing products; and the actions and financial health of the
Company's customers. Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate. Therefore,
actual outcomes and results may differ materially from what is expressed or
forecast in such forward-looking statements. 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 I - Item 1A. Risk Factors," pages 10 through 29, in the
Company's Annual Report on Form 10-K for the fiscal year ended December 31,
2012, filed with the Securities and Exchange Commission on February 26, 2013.
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.


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