SAN JOSE, CA--(Marketwired - Jan 31, 2014) - Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") today announced the purchase and discovery of its one millionth UniFi enterprise Wi-Fi access point (AP).
The discovery was made earlier this week by Israel Arruda, director of FasterNet in Brazil, who remarked, "I'm very excited to have been a part of this milestone. I love Ubiquiti's products and am delighted to be the recipient of the golden AP."
Arruda uses Ubiquiti products to enable Wi-Fi access for 20,000 customers in 35 Brazilian cities. He decided to start using UniFi after success using Ubiquiti's airMAX products.
The purchase was made through the distributer WDC Networks. "We congratulate both Faster Net and Ubiquiti for the rapid and resounding success of UniFi, which is clearly meeting a need that no one else in the market can," said Vanderlei Rigatieri, general director of WDC Networks.
Soon after discovering the golden UniFi AP, Arruda was refunded the cost and presented with a real, functional UniFi AP. The one millionth UniFi AP is plated in 24-karat gold in celebration of this important milestone, which UniFi met after just two years on the market. In that time, Ubiquiti quickly rose to 2nd in unit market share (Gartner Research).
"We're very proud of UniFi's immediate success," said Benjamin Moore, vice president of business development at Ubiquiti Networks. "Shipping our millionth AP and becoming the fastest-growing enterprise WLAN manufacturer reflects the high demand for Ubiquiti's technical innovations combined with exceptional value."
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 organizations looking to benefit from the overall competitiveness tied to high-performance Wi-Fi.
Key Ubiquiti UniFi milestones along the way to one million access points:
- UniFi first introduced in 2011
- First to announce and ship enterprise 802.11ac access point
- Now 2nd in market share by unit volume (Gartner Enterprise WLAN Coordinated Access Points Unit Shipments Report 3Q 2013)
- Fastest growing enterprise WLAN provider in the market
- Deployed in more than 180 countries
- First cloud-ready software controller
- Six different access point models: 4 indoor and 2 outdoor
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, expected performance 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, 2013 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.