ASBIS and NETGEAR join hands in delivering state of the art networking technology to the EMEA market

Limassol (Cyprus), June 01, 2011 – ASBISC Enterprises PLC, an expert in IT distribution to the EMEA emerging markets, has been appointed as a distributor by NETGEAR, worldwide provider of technologically advanced networking products.

“The deal with NETGEAR, worldwide top player in networking segment, boosts our offering to the channel with providing a lot more choice for our customers,” said Laurent Journoud, Executive Vice President at ASBIS. “This partnership creates more convenience for ASBIS customers of all levels as it extends our networking portfolio and allows all the components to be bought from one place. We are definitely looking forward to bring NETGEAR’s top-of-the-line products closer to the markets of EMEA.”

Richard Jonker, managing director emerging markets for NETGEAR, covers Eastern Europe, Africa, Russia, Middle East, Balkan, India and South-East Asia, says:

“ASBIS has the right fit in coverage, product mix and mentality for NETGEAR's consumer and SMB network products. We would like to expand our offering of reliable, affordable and simple networking gear to these regions. In economically challenging times, resellers and end-users turn to NETGEAR rather than to monolithic vendors with complex and expensive offerings. With our award-winning ReadyNAS network storage, ProSecure UTM's and tailor-made switch portfolio we cater to the needs of the regions I cover. I have a lot of trust in the competence of the management of ASBIS, whom I have seen developing their company since the nineties. Therefore I believe they will be instrumental in our growth plans for the following decade.”

The distribution agreement covers all 26 countries of ASBIS in the region of EMEA. ASBIS will be offering NETGEAR’s complete range of products for end-users, business customers and service providers, including solutions for wireless, storage, security, web/email security, routers, firewalls and switches.

^{About ASBIS
ASBISc Enterprises PLC (WSE: ASB) is based in Cyprus and specializes in the distribution of IT products from worldwide leading manufacturers such as Intel, AMD, Seagate, Western Digital, Samsung, Microsoft, Toshiba, Dell, Acer, Lenovo and Hitachi. The company has own subsidiaries in 26 countries, more than 1,200 employees and 32,000 active customers in over 70 countries worldwide, and its revenue reached US$ 1,43 billion in 2010. For more information visit the company's website at www.asbis.com}

^{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 over 28,000 retail locations around the globe, and through more than 37,000 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}