SAN JOSE, Calif. — March 16, 2023
— 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:
Citizens Financial Group, Inc. is one of the nation’s oldest and
largest financial institutions, with $226.7 billion in assets as of
December 31, 2022. Headquartered in Providence, Rhode Island, Citizens
offers a broad range of retail and commercial banking products and
services to individuals, small businesses, middle-market companies,
large corporations and institutions. Citizens helps its customers reach
their potential by listening to them and by understanding their needs in
order to offer tailored advice, ideas and solutions. In Consumer
Banking, Citizens provides an integrated experience that includes mobile
and online banking, a full-service customer contact center and the
convenience of approximately 3,400 ATMs and approximately 1,100 branches
in 14 states and the District of Columbia. Consumer Banking products and
services include a full range of banking, lending, savings, wealth
management and small business offerings. In Commercial Banking, Citizens
offers a broad complement of financial products and solutions, including
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as loan syndication, corporate finance, merger and acquisition, and debt
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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.