SINGAPORE - Media OutReach Newswire - 20 December 2023 - Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, proudly announces it has been recognized as the No. 14 company on the 2024 Newsweek Excellence 1000 Index, a list of the top 1000 companies that have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings. Arlo is the only smart home security brand in the IoT category to be named in the top 100. The recognition speaks to Arlo's ongoing innovation and a robust ecosystem of award-winning hardware, software, and services, as well as their industry-leading commitment to data privacy and protection.

The 2024 Newsweek 1000 Excellence Index is the result of a collaboration with the Best Practice Institute, a leadership development and benchmark research company. The results were determined after the Best Practice Institute analysed over half a million data points and created a proprietary scoring system to measure everything from financial practices to customer reviews, environmental, social, and governance commitments, and more to build the first 1000 Excellence Index.

Companies were evaluated based on several criteria including employee rating, customer rating, ESG risk rating, ESG/ethical impact, adherence to ISO standards, R&D spending, Global Compact Status, financial performance, BBB rating and accreditation, and number of customer complaints, among others. Each of the criteria considered is equally ranked in importance.

"Arlo is on a mission to build trusted, lifelong customer relationships by creating innovative, smart security solutions that deliver an exceptional user experience and bring peace of mind to everyone," said Matt McRae, CEO of Arlo. "Ranking no. 14 on the prestigious Newsweek Excellence Index is a great honour, and a testament to Arlo's dedication and commitment to prioritizing our employees and customers and protecting what people care about most."

As an award-winning market leader in the smart home IoT category, Arlo is dedicated to one simple yet fundamental need we all share: to protect and connect with the people and places we love. Its products and services intelligently work together to make customers' lives more enjoyable, more connected, and more easily managed from wherever they might be. Arlo brings together deep expertise in product design, wireless connectivity and RF engineering, cloud infrastructure, and cutting-edge AI capabilities to create a seamless smart home experience for everyone.

"Doing good business means more than just turning a profit. In our fast-paced economy, it can be easy to lose sight of the value of companies that strive to be good for customers, employees, and society at large," said Nancy Cooper, Global Editor in Chief at Newsweek. "The Newsweek 1000 Excellence Index takes a 360-degree look at companies, assessing what their employees say about the company, how customers view their products, and how well the business is run in terms of safety, sustainability, diversity, and innovation. Our goal: to provide our readers with an informed view of the firms that are living up to the highest standards."

For the full list of the 2024 Newsweek 1000 Excellence Index, please visit https://www.newsweek.com/rankings/newsweek-excellence-index-2024.

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