SAN JOSE, CA -- (Marketwired) -- 12/27/13 -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") has seen its enterprise WLAN equipment revenue jump more than 200% in the past quarter, according to analyst firm Gartner's report released this month, "Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 3Q13."
Ubiquiti's indoor WiFi product platform, UniFi, has seen a dramatic recent increase in shipment volume. According to Gartner's report, Ubiquiti is the second largest worldwide WLAN vendor for shipments of coordinated access points in Q3 2013. In calculations performed by Ubiquiti, the company shipped its millionth UniFi access point in August of this year, and the UniFi platform introduced the industry's first 802.11ac outdoor AP the following month in September.
"UniFi has established a strong foothold in the enterprise WLAN market in just two years' time, rapidly catching up to incumbents while continuing to innovate with industry firsts like 802.11ac indoor and outdoor APs," said Robert J. Pera, CEO at Ubiquiti Networks. "Our unique price-performance solutions enable us to address new and underserved markets in need of advanced information technology."
Ubiquiti sees the Gartner report data as the most recent example of the company's quickly growing market share in the enterprise WLAN market.
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," "will," "anticipate," "believe," "estimate," "project," "expect," "consider," "schedule" 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.