Ubiquiti Ships "Golden" 1 Millionth Enterprise WLAN Access Point Disrupting Established Incumbents, Ubiquiti is Fastest-Growing WLAN Provider in the Market

SAN JOSE, Calif., Aug. 26, 2013 /PRNewswire/ -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") today announced it has shipped its one millionth UniFi enterprise Wi-Fi access point (AP), climbing to 4th in unit market share in just two years (Gartner Research).

In celebration of this important milestone, the one millionth UniFi access point is plated in 24-karat gold (click here for image). Ubiquiti will announce the purchaser of the "Golden AP" upon discovery.

"Enterprise buyers have quickly discovered that cutting-edge, high-performance Wi-Fi technology doesn't have to be expensive," said Robert J. Pera, CEO at Ubiquiti Networks. "Ubiquiti is proving that by eliminating inefficient business practices, we can disrupt incumbents in a highly competitive market and deliver great value to customers."

Combining technical innovation, ease of use, scalability, and disruptive price performance, UniFi is deployed around the world to help under networked businesses, hotel chains, restaurants, hospitals, schools, and others looking to benefit from the overall competitiveness tied to high-performance Wi-Fi.

Key Ubiquiti UniFi milestones along the way to 1 million access points:

  • UniFi first introduced in 2011
  • Now 4th in market share by unit volume (Gartner Enterprise WLAN Coordinated Access Points Unit Shipments Report 1Q 2013)
  • Fastest growing enterprise WLAN provider in the market
  • Deployed in more than 180 countries
  • First cloud-ready software controller
  • 6 different access point models: 4 indoor and 2 outdoor
  • First to announce and ship Enterprise 802.11ac access point
  • First to enable seamless roaming for mobile devices with Zero Handoff Roaming

Ubiquiti is seeing similar success throughout its business. The company shipped its 10 millionth device (across all product lines) in December and was recently listed as the 70th fastest-growing tech company in Deloitte's Fast 500.

About Ubiquiti Networks

Ubiquiti Networks (NASDAQ: UBNT) is closing the digital divide by building network communication platforms for everyone and everywhere. With over 10 million devices deployed in over 180 countries, Ubiquiti is transforming under-networked businesses and communities. Our leading edge platforms, airMAX™, UniFi™, airFiber™, airVision™, mFi™ and EdgeMAX™ combine innovative technology, disruptive price performance and the support of a global user community to eliminate barriers to connectivity. For more information, join our community at http://www.ubnt.com.

Safe Harbor for Forward Looking Statements
Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact including words such as "look," "anticipate," "believe," "estimate," "expect," "consider" and "plan" and statements in the future tense are forward looking statements. The statements in this press release that could be deemed forward-looking statements include statements regarding release of new products and expected performance, price-performance disruptiveness, growth prospects, product applications and potential benefits, market positioning, short and long-term opportunities, and any statements or assumptions underlying any of the foregoing. You should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date made. Ubiquiti Networks undertakes no obligation to update information contained in this press release. You should review our SEC filings carefully, particularly the discussions under the heading "Risk Factors" and elsewhere in our Annual Report on Form 10-K for the year ended June 30, 2012 and other filings filed with the U.S. Securities and Exchange Commission that identify risks that could cause actual results to differ from those made in such forward-looking statements.

SOURCE Ubiquiti Networks



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