latest news releases from the newsroom
Bell Microproducts Inc.
Bell Microproducts Announces Record Second Quarter Revenue
SAN JOSE, Calif., July 17, 2008 (PRIME NEWSWIRE) -- Bell Microproducts Inc. (Pink Sheets:BELM), one of the world's largest value-added distributors of storage and computing technology, today announced preliminary revenue for the second quarter ended June 30, 2008. Revenue for the Company's second quarter increased approximately 3% from the same quarter of the prior year to a range of $960 million to $970 million. Revenue increased in the Company's European and Latin American distribution businesses and in its North American Enterprise Group, partially offset by a decline in its North American distribution business. Included in the revenue increase was the positive impact of fluctuations in foreign currencies of approximately $31 million.
Independent Testing Demonstrates FCoE is Ready for Quick Market Adoption
ALISO VIEJO, Calif., July 17, 2008 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leader in networking for storage and high performance computing (HPC), today announced the results of the Fibre Channel over Ethernet (FCoE) Test Drive conducted June 4-7, 2008 in San Diego. Based on the results, QLogic, Cisco and NetApp validated that Fibre Channel over Ethernet technology is ready for quick adoption by end users. A total of 14 storage, server and software vendors ran device drivers, device management software, network management software, storage management software and business applications on an FCoE network. Participants found their hardware products and software applications easily recognized Fibre Channel and FCoE devices because the FCoE network appeared to their products as just another Fibre Channel network. The ability of converged FCoE networks to simplify life for IT professionals and the 100 percent compatibility of FCoE networks with Fibre Channel networks are strong indicators that end-user adoption will be easy and swift. Learn more about the FCoE Test Drive at http://www.qlogic.com/promos/products/FCoE-promo.aspx
Sagient Research Systems
PlacementTracker Publishes PIPE Market League Tables
SAN DIEGO, July 17, 2008 (PRIME NEWSWIRE) -- Sagient Research Systems, a leading publisher of independent research for the financial services and institutional investment communities, today announced that Rodman & Renshaw, LLC ranked as the number one most active investment bank and Downsview Capital, Inc. ranked as the number one most active institutional investor in the PIPE market during the first half of 2008.