ALISO VIEJO, Calif., May 5, 2008 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leader in networking for storage and high performance computing (HPC), today announced its 8Gb Fibre Channel Storage Network was recognized as Systems Hardware "Product of the Year" at the 15th Annual AeA High Tech Innovation Awards. The High-Tech Innovation Awards were presented by the Orange County and Inland Empire Council of AeA on the evening of April 29 honoring Southern California's top innovators in technology and education.
QLogic 8Gb Fibre Channel end-to-end storage networking solutions, consisting of QLogic(r) host bus adapters (HBAs) and SANbox(r) switches, are designed to fulfill the ever-increasing need of enterprise-class business applications for maximum performance. 8Gb Fibre Channel doubles the performance of today's 4Gb Fibre Channel products while maintaining full backward compatibility with the large installed base of 4Gb and 2Gb Fibre Channel solutions.
"QLogic is all about providing innovation that customers value," said H.K. Desai, chief executive officer, QLogic Corp. "That makes this High Tech Innovation award especially gratifying for our product teams."
QLogic 8Gb Storage Networking Portfolio
The 8Gb Fibre Channel portfolio of products includes a broad range of single and dual port HBAs, blade server HBAs and switches, edge switches, and director switches. All available from a single vendor, QLogic 8Gb Fibre Channel products are designed to allow OEMs, resellers and Global 2000 companies to deploy high performance SAN solutions that give them a competitive edge.
"The AeA was very pleased with the high-quality of nominations and the level of innovation was truly impressive," said Don Hicks, executive director, AeA Orange County/Inland Empire. "AeA congratulates QLogic and its employees for being selected 'Product of the Year - Systems Hardware.'"
The awards recognized local companies, individuals and products in the technology field that drive innovation in Orange County and the Inland Empire. In addition, AeA recognized educators and students for their innovative use of math, science and technology in the classroom and the community in conjunction with Project Tomorrow, the nation's leading education nonprofit group focused on preparing today's students to be tomorrow's innovators.
About AeA
AeA is the largest high-tech trade association in the U.S. and represents all segments of the technology industry. Our mission is to help our member companies grow and improve their business. Internationally, AeA represents 2,500 companies with 1.8 million employees. In Orange County & the Inland Empire, AeA represents 140 member companies with worldwide revenue of more than $8 billion and more than 160,000 employees in the United States and globally. Information on the Orange County & Inland Empire Council can be found at www.aeanet.org/orangecounty.
About QLogic
QLogic is a leading supplier of high performance storage networking solutions, which include the controller chips, host adapters and fabric switches that are the backbone of storage networks for most Global 2000 corporations. The company delivers a broad and diverse portfolio of products that includes Fibre Channel HBAs, blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI HBAs and iSCSI routers. The company is also a leading supplier of InfiniBand switches and InfiniBand host channel adapters for the emerging high performance computing market. QLogic products are delivered to small-to-medium businesses and large enterprises around the world via its channel partner community. QLogic products are also powering solutions from leading companies such as Cisco, Dell, EMC, Hitachi Data Systems, HP, IBM, Network Appliance and Sun Microsystems. QLogic is a member of the S&P 500 Index.
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; potential adverse effects of server virtualization technology on the company's business; potential adverse effects of increased market acceptance of blade servers; 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; environmental compliance costs; international economic, regulatory, political and other risks; uncertain benefits from strategic business combinations; the ability to attract and retain key personnel; 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 technology; 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; 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 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 does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
QLogic, the QLogic logo and SANbox are registered trademarks of QLogic Corporation. Other trademarks and registered trademarks are the property of the companies with which they are associated.