ALISO VIEJO, Calif., June 15, 2006 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that InfoStor and the Association of Storage Networking Professionals have named its SANbox(r) 8000 as a finalist for the Most Valuable Product award in the Networking Equipment category. The 2006 awards will be presented on June 20 during the Storage World Conference.
"To keep up with the rising cost and complexity of storage networking, SAN administrators demand solutions that help make management more efficient and cost-effective, and QLogic keeps delivering," said Brian Garrett, analyst at Enterprise Strategy Group. "Nomination of the SANbox 8000 as a most valuable storage networking product is well deserved, as it extends the cost benefits of virtualization technology to storage."
"The ultimate goal of QLogic product development is to help IT professionals solve problems," said Frank Berry, vice president of marketing at QLogic. "Since InfoStor and ASNP are such strong voices for the SAN administrator community, we're delighted to be recognized by these organizations as one of the best of the best."
The MVP Awards Program recognizes the "best of the best" of storage networking products in the industry, as determined by storage end users. This prestigious awards program is co-sponsored by two user-focused organizations: InfoStor magazine, the leading storage-specific publication for enterprise storage professionals, and the Association of Storage Networking Professionals (ASNP), the first worldwide organization dedicated to the needs of storage networking users. This is the only industry awards program where the winners are selected exclusively by end users among InfoStor's end-user readers and ASNP's 2,000+ members.
"InfoStor congratulates all of the MVP finalists, and thanks the industry analysts and ASNP members that helped with the selections," said Dave Simpson, editor-in-chief of InfoStor. "Final voting is now in the hands of end users, who are best-equipped to determine the most valuable products according to their criteria."
About ASNP
The ASNP's mission is "to build a worldwide community of storage networking users and to provide members with valuable educational programs and professional development opportunities." ASNP provides an open forum for members to discuss real-world problems and solutions related to storage networking. Through its regional chapters, annual meeting, and online portal, ASNP offers extensive training and professional development opportunities. For more information, please visit www.asnp.org.
About InfoStor Magazine
InfoStor is the leading monthly publication dedicated solely to storage coverage. Its worldwide audience of 50,000 readers includes IT storage managers and storage professionals in the channel, including value-added resellers (VARs), storage/systems integrators, and OEMs. For more information, please visit www.infostor.com.
About QLogic
QLogic is a leading supplier of high performance storage networking solutions including Fibre Channel host bus adapters (HBAs), blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI HBAs, iSCSI routers and storage services platforms for enabling advanced storage management applications. The company is also a leading supplier of server networking including InfiniBand host channel adapters that accelerate cluster performance. QLogic products are delivered to small-to-medium business and large enterprises around the world via its channel partner community. QLogic's products are also powering solutions from leading companies like Cisco, Dell, EMC, Hitachi Data Systems, HP, IBM, NEC, Network Appliance and Sun Microsystems. QLogic is a member of the S&P 500 Index. For more information go to www.qlogic.com.
Note: All QLogic-issued press releases appear on the Company's website (www.qlogic.com). Any announcement that does not appear on the QLogic website has not been issued by QLogic.
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: potential fluctuations in operating results; gross margins that may vary over time; revenues may be affected by changes in IT spending levels; the stock price of the Company may be volatile; the Company's dependence on the storage area network market; the ability to maintain and gain market or industry acceptance of the Company's products; the Company's dependence on a limited number of customers; seasonal fluctuations and uneven sales patterns in orders from customers; the Company's ability to compete effectively with other companies; declining average unit sales prices of comparable products; a reduction in sales efforts by current distributors; dependence on sole source and limited source suppliers; the Company's 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 attract and retain key personnel; recognition of compensation expenses related to employee stock options and employee stock purchases; 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; reliance on third party licenses; the use of "open source" software in our products; changes in our tax provisions or adverse outcomes resulting from examination of our income tax returns; computer viruses and other tampering with the Company's computer systems; charter documents that may discourage a business combination; and facilities of the Company and its suppliers and customers are located in areas subject to 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.
QLogic and the QLogic logo are registered trademarks of QLogic Corporation. Other trademarks and registered trademarks are the property of the companies with which they are associated.