ALISO VIEJO, Calif., Jan. 16, 2006 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that QLogic extended its leadership position in the Fibre Channel HBA market according to the Dell'Oro Group's Quarterly SAN Report, 3Q05. The company increased its lead from 43.3 percent revenue market share in Q2, to 44.1 percent revenue market share in Q3. The report also shows that QLogic ranked number one in market share for both Fibre Channel HBA ports shipped and Fibre Channel HBA revenue in the third calendar quarter of 2005.
"We believe the Q3 results reflect our momentum in the 2Gb HBA market as well as our lead in deploying 4Gb HBA technology," said Frank Berry, vice president of marketing, QLogic Corp. "Thousands of QLogic 4Gb HBAs are already deployed at OEMs, channel partners and Global 2000 end users."
These latest figures indicate that in 2005 QLogic continues to maintain the leadership position it established in 2004. In calendar 2004, according to Dell'Oro Group, QLogic shipped a market leading 45 percent of Fibre Channel HBA ports, compared to 38 percent for its nearest competitor. QLogic was also the revenue leader in 2004 with 43 percent market share.
About Dell'Oro Group
As the trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enables component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit http://www.delloro.com.
About QLogic
QLogic is the leading supplier of Fibre Channel host bus adapters (HBAs), blade server embedded Fibre Channel switches and Fibre Channel stackable switches for storage area networks. The company is also a leading supplier of iSCSI HBAs. QLogic products are delivered to small, medium and large enterprises around the world, powering solutions from leading companies like Cisco, Dell, EMC, HP, IBM, NEC, Network Appliance and Sun Microsystems. QLogic is a member of the S&P 500 Index. For more information visit www.qlogic.com.
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Disclaimer -- Forward Looking Statements
This press release contains statements relating to future results of the Company (including certain beliefs and projections regarding business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied in the forward-looking statements. The Company advises readers that these potential risks and uncertainties include, but are not limited to: fluctuations in operating results; gross margins may vary over time; revenues may be affected by changes in IT spending levels; our stock price may be volatile; our dependence on the storage area network market; the ability to maintain and gain market or industry acceptance of the Company's products; our dependence on a limited number of customers; seasonal fluctuations and uneven sales patterns in orders from customers; our ability to compete effectively with other companies; declining average unit sales prices of comparable products; a reduction in sales efforts by current distributors; reliance on third party licenses; dependence on sole source and limited source suppliers; our dependence on relationships with certain silicon chip suppliers; the complexity of the Company's products; sales fluctuations arising from customer transitions to new products; the uncertainty associated with SOX 404 compliance; environmental compliance costs; terrorist activities and resulting military actions; international, economic, regulatory, political and other risks; uncertain benefits from strategic business combinations; the ability to maintain or expand upon strategic alliances; the strain on resources caused by growth and expansion; the ability to attract and retain key personnel; the decreased effectiveness of equity compensation; difficulties in transitioning to smaller geometry process technologies; the ability to protect proprietary rights; the ability to satisfactorily resolve any infringement claims; changes in tax laws or adverse tax audit results; computer viruses and other tampering with our computer system; charter documents and stockholder rights plan that may discourage a business combination; and facilities located in areas subject to earthquakes and other natural disasters.
More detailed information on these and additional factors which could affect the Company's operating and financial results are described in the Company's Forms 10-K, 10-Q and other reports filed, or to be filed, with the Securities and Exchange Commission. The Company urges all interested parties to read these reports to gain a better understanding of the many business and other risks that the Company faces. The forward-looking statements contained in this press release are made only as of the date hereof, and the Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
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