Torrance , CA – January 11, 2005 – TRENDnet, a leading manufacturer of networking products worldwide, has exceeded another expectation for 2004. TRENDnet closed the year with 71.65% in sales growth. That’s 26.86% more than the expected target. “We did it once again!” stated Pei Huang, President of TRENDnet. “We have exceeded our sales and profit goals for 2004 and we are looking at another record year for 2005.”
TRENDnet experienced a significant growth in Wireless, Gigabit, Fiber, and KVM products this past year. There was, however, a slight decline in the 10/100Mbps category but that is particularly due to the slow replacement of Gigabit Ethernet. TRENDnet launched a New MEDIAnet product line, which instantaneously became a huge hit. The product line included USB 2.0 and Firewire connectivity products, helping bridge the gap between consumer peripherals and PCs.
TRENDnet was also able to enter B&Q Warehouse, the number one DIY retailer in Europe and the third largest in the world. TRENDnet will continue to grow in the retail market in France, Switzerland, Germany, and Argentina. TRENDnet products are now sold in over 110 countries worldwide. TRENDnet products are used in many applications from the President’s House to the Minister’s home to local schools and major companies such as Epson Printer and Cox Cabling Company.
Last August, TRENDnet increased its staff by 50% causing the company to expand its office space from 16,000 ft 2 to 40,000 ft 2 across the street with an additional office building. This will allow TRENDnet to provide better service to its customers and position the company for future growth.
TRENDnet will be celebrating its 15 Year in Business this July. In celebration, TRENDnet will be hosting an International Distributor’s Conference in Long Beach, California. The conference will provide TRENDnet Distributors with new technology from TRENDnet and also an opportunity for its partners to network and meet each other. More than 50 countries worldwide have committed to attend this event.
For 2005, TRENDnet plans to introduce NEW products in the categories of Wireless 802.11a+g, Voice over IP, Power over Ethernet, and Storage Servers. TRENDnet will continue to provide great service and products to its customers. As the conservative company, TRENDnet will strive to grow its company with much control and calculated risk ensuring its customers that TRENDnet will continue another 15 years in business.
TRENDnet is a global provider of award-winning networking and surveillance solutions to small and medium-sized businesses, as well as home office users. Building networking solutions since 1990, TRENDnet enables users to share broadband access, multimedia content, and networked peripherals for true anywhere connectivity. TRENDnet's diverse product portfolio includes PoE, switches, Industrial, IP cameras, NVRs, fiber, Powerline, wireless, KVM, USB, and more. To learn more about TRENDnet, please visit www.trendnet.com.
TRENDnet
20675 Manhattan Place
Torrance, CA 90501
USA
(310) 961-5500
PR@trendnet.com
Sales Department
(888) 326-6061
sales@trendnet.com