Achievement Speaks to Ongoing
Innovation and Dedication to User Experience
SAN
JOSE, Calif., March 16,
2023 /PRNewswire/ -- Arlo Technologies, Inc.
(NYSE: ARLO), a leading smart home security brand, today announced
it has surpassed 2 million total paid subscribers. The success
speaks to the brand's ongoing innovation and robust ecosystem of
award-winning hardware, software, and services. From comprehensive
and customizable smart notifications to 24/7 Emergency Response and
Professional Monitoring, Arlo makes it simple for users to protect
their everything with the utmost peace of mind.
"After adding 189,000 paid accounts in Q4 2022, Arlo continued
to acquire new subscribers in Q1, reaching 2 million total
subscribers and doubling our paid accounts in just five quarters,"
said Matt McRae, CEO of Arlo.
"Additionally, new products like the Arlo Home Security System
backed by Professional Monitoring and Arlo Safe will add to our
pace of subscriber acquisition in 2023. This continued
success illustrates the value we provide to customers as we help
them stay protected both at home and on the go."
Features of Arlo Secure subscriptions include:
- Advanced Object Detection – Arlo processes and filters
50 million events each day using proprietary computer vision and
advanced artificial intelligence to recognize people, packages,
vehicles, and animals which adds key context to notifications and
reduces unwanted alerts.
- Smart Interactive Notifications – Users can take quicker
action by responding to rich notifications or viewing an animated
preview of a notification video through the lock screen on their
smartphone or other smart device.
- Smart Activity Zones – Users can reduce unwanted
notifications by highlighting specific areas on their property
where they want motion to be detected.
- 4K Cloud-based Video
Recording – View 30 days of motion event recordings with up to
4K resolution stored remotely and
securely on Arlo's SmartCloud platform for ultimate peace of
mind.
- 24/7 Emergency Response with Direct Dispatch (Secure
Plus) – One touch dispatch of fire, police, or medical first
responders directly from Arlo's mobile application in the event of
an emergency. Arlo's Emergency Response team can also provide
critical location information to responders en route to better
prepare them, such as gate codes, medical conditions of family
members, and pet details.
- 24/7 Professional Monitoring (Arlo Safe &
Secure Pro) – Professional monitoring for Arlo's Security
System provided around the clock by award winning, 5 diamond, and
UL listed call centers that provide full emergency support.
- Priority Care & Support – Subscribers get priority
technical support through the in-app Help Center with omni-channel
access to phone, chat, community and self-help articles.
Features of Arlo Safe subscriptions include:
- Personal Safety Response – One touch access to real time
emergency help via the Arlo Safe application or Arlo Safe button
accessory.
- 24/7 Emergency Response with Direct Dispatch – One touch
dispatch of fire, police, or medical first responders directly from
Arlo's mobile application in the event of an emergency.
Arlo's Emergency Response team can also provide critical
location information to responders en route to better prepare
them, such as gate codes, medical conditions of family members, and
pet details.
- Crash Detection & Response – Advanced impact
detection expedites emergency response in the event of a
vehicle accident by sharing appropriate location and medical
information with first responders.
- Family Safety (Family Plan) – Never miss a moment
with the ability to know where opt-in family members have been, see
their current location, or send help directly to them in an
emergency.
Arlo Secure subscription plans currently start at $12.99 per month to support unlimited home
security devices with up to 4K video
recordings. For those who want even greater peace of mind, Arlo
Secure Plus grants access to the potentially lifesaving 24/7
Emergency Response feature for $17.99
per month. Arlo Safe monthly subscription plans start at
$4.99 for individuals, $9.99 for families, or the all-new Safe and
Secure Pro plan, providing the best value for complete
security at home and on the go for $24.99 per month.
For more information on the full range of Arlo smart home
security products and services, visit www.arlo.com.
About Arlo Technologies, Inc.
Arlo is the
award-winning, industry leader that is transforming the way people
experience the connected lifestyle. Arlo's deep expertise in
product design, wireless connectivity, cloud infrastructure, and
cutting-edge AI capabilities focuses on delivering a seamless,
smart home experience for Arlo users that is easy to setup and
interact with every day. The company's cloud-based platform
provides users with visibility, insight, and a powerful means to
help protect and connect in real-time with the people and things
that matter most, from any location with a Wi-Fi or a cellular
connection. To date, Arlo has launched several categories of
award-winning smart connected devices, software and services,
including wire-free smart Wi-Fi and LTE-enabled security cameras,
audio and video doorbells, a floodlight, the Arlo App and Arlo
Secure, an AI-based subscription service designed to maximize
security through personalized notifications and emergency services
for quicker help during a crisis.
With a mission to bring users peace of mind, Arlo is as
passionate about protecting user privacy as it is about
safeguarding homes and families. Arlo is committed to supporting
industry standards for data protection designed to keep users'
personal information private and in their control. Arlo does not
monetize personal data. Arlo provides enhanced controls for user
data, supports privacy legislation, keeps user data safely secure,
and puts security at the forefront of company culture.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995:
This press release contains
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. The words "anticipate,"
"expect," "believe," "will," "may," "should," "estimate,"
"project," "outlook," "forecast" or other similar words are used to
identify such forward-looking statements. However, the absence of
these words does not mean that the statements are not
forward-looking. The forward-looking statements represent
Arlo Technologies, Inc.'s (the "Company" or
"Arlo") expectations or beliefs concerning future
events based on information available at the time such statements
were made and include statements regarding lowering the barrier of
entry and broadening the market for DIT security
and Arlo cameras, Arlo video
doorbells, Arlo Secure, Arlo Secure Plus
and future Arlo products. These statements are based
on management's current expectations and are subject to certain
risks and uncertainties, including the following: future demand for
the Company's products may be lower than anticipated; consumers may
choose not utilize payment plans or to adopt the Company's new
product offerings, or may adopt competing products; and product
performance may be adversely affected by real world operating
conditions. Further, certain forward-looking statements are based
on assumptions as to future events that may not prove to be
accurate. Therefore, actual outcomes and results may differ
materially from what is expressed or forecast in such
forward-looking statements. Further information on potential risk
factors that could affect Arlo and its business are
detailed in the Company's periodic filings with the Securities and
Exchange Commission, including, but not limited to, those risk
factors described in the Company's most recently filed Annual
Report on Form 10-K and Quarterly Report on Form 10-Q and
subsequent filings with the Securities and Exchange Commission.
Given these circumstances, you should not place undue reliance on
these forward-looking statements. Arlo undertakes no
obligation to release publicly any revisions to any forward-looking
statements contained herein to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events.
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SOURCE Arlo Technologies, Inc.