ALISO VIEJO, Calif., May 12, 2010 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC) today announced that it continues to strengthen its number one position in storage area network (SAN) Fibre Channel adapters and take significant market share from its nearest competitor, according to new data published by the Dell'Oro Group in its Q1 2010 SAN Report.
With 55.2 percent Fibre Channel host bus adapter (HBA) market share in revenue for calendar Q1 2010, QLogic increased its market share by 2.1 percentage points over the previous quarter and led its nearest competitor by 19.1 percentage points. QLogic also maintained its number one position in every HBA category including standard, mezzanine, 4Gb and 8Gb adapters.
"Dell'Oro's data continues to validate what we know from interfacing with OEM and channel customers every day. Being first to market with the best solutions, backed by solid service, earns continued customer loyalty," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "This philosophy, accompanied by solid execution on our objectives, has made us the leader for six years running in Fibre Channel adapters and, based on our significant success with OEMs thus far, appears to be a winning formula for us in the developing FCoE space as well."
QLogic: The Fibre Channel Adapter of Choice in the Data Center
QLogic market share leadership is driven by IT professionals in Global 2000 corporate data centers that are deploying Fibre Channel adapters. Fibre Channel adapters from QLogic offer a suite of technology advancements that enable storage administrators in large enterprises to ensure comprehensive business continuity, maintain application performance and cost-effectively scale their networks.
For additional information about the Dell'Oro Q1 2010 SAN Report, visit: www.dellorogroup.com.
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About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. QLogic is a NASDAQ Global Select company and is included in the S&P 500. For more information, visit www.qlogic.com.
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: declines in information technology spending levels; potential fluctuations in operating results; gross margins that may vary over time; the stock price of the company may be volatile; the company's dependence on the networking markets served; 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 small 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; the company's dependence on sole source and limited source suppliers; the company's dependence on relationships with certain third-party subcontractors and contract manufacturers; declines in the market value of the company's investment securities; the complexity of the company's products; sales fluctuations arising from customer transitions to new products; changes in the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; 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 the company's products; changes in regulations or standards regarding energy use of the company's products; 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.
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