The static ip address is set on the device itself, not the router.
You will need to make sure the ip address and subnet mask you specify for the device is in the same network range as the router.
Ex. MN-700 router IP Address 192.168.1.1
Mask 255.255.255.0
New device IP Address 192.168.1.5
Mask 255.255.255.0
If the new device is a pc, you will also need to enter the DNS settings provided by your ISP to be able to connect to services on the internet.
If you have any additional questions, please post a reply.
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