NETGEAR Revalidates Customs-Trade Partnership Against Terrorism Certification | NTGR Stock News

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  • NETGEAR (NTGR, Financial) successfully revalidates its Customs-Trade Partnership Against Terrorism (CTPAT) certification.
  • The certification is held by less than 5% of importers, emphasizing NETGEAR's commitment to supply chain security.
  • Continuous certification since 2007 enhances NETGEAR’s position as a trusted importer with streamlined operations.

NETGEAR Inc. (NTGR), a leader in intelligent networking solutions, has announced the revalidation of its Customs-Trade Partnership Against Terrorism (CTPAT) certification by the U.S. Department of Homeland Security’s Customs and Border Protection. This revalidation underscores NETGEAR’s ongoing commitment to maintaining high security standards within its supply chain, a feat accomplished by less than 5% of importers.

The CTPAT certification, which is renewed every four years, requires a comprehensive evaluation of the company’s supply chain security measures. NETGEAR's recertification demonstrates its ability to effectively address security concerns and align its operations with global best practices. This achievement is not only an assurance of its trusted brand status but also a testament to the company's dedication to secure, efficient operations.

Ray Ernenwein, Senior Vice President of Operations at NETGEAR, emphasized the importance of this certification, stating, "Achieving CTPAT revalidation recognizes the strong security foundation NETGEAR has built across its supply chain. We are proud to collaborate with DHS-CBP to ensure our import flows involve limited risk and meet the highest standards." This certification helps streamline operations, reducing the likelihood of delays at U.S. ports and ensuring timely product delivery to customers.

For more insights into NETGEAR's security practices and innovative solutions, visit their official website.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.