ALISO VIEJO, Calif., Sept. 7, 2006 (PRIMEZONE) -- QLogic(R) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced it has been named one of three finalists in the category of Best Public Company for Byte and Switch's 2006 Big Byte Awards. In addition, QLogic SANbox(R) switches were recognized through the selection of QLogic customer Saturday Night Live as finalist in the User Excellence category. Byte and Switch is officially launching its Big Bytes Awards program this year to recognize outstanding products, services, suppliers, and users in storage networking.
"QLogic is the market share leader in its core business of Fibre Channel host bus adapters, and a pioneer in development of new infrastructure technology for the fast-growing IP SAN (iSCSI), high performance computing (InfiniBand), virtualization (server and storage), and blade server markets," said Frank Berry, vice president of marketing, QLogic. "As a result, the company is positioned to continue delivering strong top-line and bottom-line growth."
Nominees in all categories will be judged by a panel of Byte and Switch editors and an independent advisory board that Byte and Switch will invite from across the industry.
The Big Bytes award winners will be announced in a formal presentation at StoragePlus 2006, Byte and Switch's two-day forum for pre-qualified enterprise storage purchasers, to be held in Burlingame, Calif., September 12 and 13.
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 products including InfiniBand host channel adapters that accelerate cluster performance. 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 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 expense related to employee stock options and the Company's employee stock purchase plan; the decreased effectiveness of equity compensation; difficulties in implementing 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; 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 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. SANblade is a registered trademark in the United States. Other trademarks and registered trademarks are the property of the companies with which they are associated.
CONTACT: QLogic Corporation Editor's Contact Christine Flavio (650) 934-8057 firstname.lastname@example.org Investor's Contact Tony Massetti (949) 389-7533 email@example.com