\n<\/p>\n
About Arlo Technologies, Inc.<\/p>\n
Arlo is the
\naward-winning, industry leader that is transforming the way people experience
\nthe connected lifestyle. Arlo’s deep expertise in product design, wireless
\nconnectivity, cloud infrastructure and cutting-edge AI capabilities focuses on
\ndelivering a seamless, smart home experience for Arlo users that is easy to
\nsetup and interact with every day. The company’s cloud-based platform provides
\nusers with visibility, insight and a powerful means to help protect and connect
\nin real-time with the people and things that matter most, from any location
\nwith a Wi-Fi or a mobile connection. To date, Arlo has launched several categories
\nof award-winning smart connected devices, including wire-free smart Wi-Fi and
\n4G-enabled security cameras, audio and video doorbells, and floodlight.\u00a0 <\/p>\n
\u00a0<\/p>\n
With a mission to bring users peace of mind, Arlo is as passionate about
\nprotecting user privacy as it is about safeguarding homes and families. Arlo is
\ncommitted to supporting industry standards for data protection designed to keep
\nusers’ personal information private and in their control. Arlo doesn’t monetise
\npersonal data, provides enhanced controls for user data, supports privacy
\nlegislation, keeps user data safely secure, and puts security at the forefront
\nof company culture. <\/p>\n
\u00a0<\/p>\n
Safe Harbor Statement under
\nthe Private Securities Litigation Reform Act of 1995:<\/b><\/p>\n
This press <\/b>release
\ncontains forward-looking statements within the meaning of the U.S. Private
\nSecurities Litigation Reform Act of 1995. The words “anticipate,” “expect,” “believe,”
\n“will,” “may,” “should,” “estimate,” “project,” “outlook,”
\n“forecast” or other similar words are used to identify such forward-looking
\nstatements. However, the absence of these words does not mean that the
\nstatements are not forward-looking. The forward-looking statements represent
\nArlo Technologies, Inc.’s expectations or beliefs concerning future events
\nbased on information available at the time such statements were made and
\ninclude statements regarding Arlo Essential Indoor Camera, Arlo Smart and
\nfuture Arlo products. These statements are based on management’s current
\nexpectations and are subject to certain risks and uncertainties, including the
\nfollowing: future demand for the Company’s products may be lower than
\nanticipated; consumers may choose not to adopt the Company’s new product
\nofferings or adopt competing products; and product performance may be adversely
\naffected by real world operating conditions. Further, certain forward-looking
\nstatements are based on assumptions as to future events that may not prove to
\nbe accurate. Therefore, actual outcomes and results may differ materially from
\nwhat is expressed or forecast in such forward-looking statements. Further
\ninformation on potential risk factors that could affect Arlo and its business
\nare detailed in the Company’s periodic filings with the Securities and Exchange
\nCommission, including, but not limited to, those risk factors described in the
\nCompany’s Annual Report on Form 10-K for the year ended December 31, 2020.
\nGiven these circumstances, you should not place undue reliance on these
\nforward-looking statements. Arlo undertakes no obligation to release publicly
\nany revisions to any forward-looking statements contained herein to reflect
\nevents or circumstances after the date hereof or to reflect the occurrence of
\nunanticipated events.<\/p>\n