New Report from Dell'Oro Group Confirms QLogic is Broadening its Lead in Fibre Channel Adapter Market
ALISO VIEJO, Calif., Aug. 13, 2009 (GLOBE NEWSWIRE) -- After closing out 2008 with its fifth consecutive year of market share leadership, QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that it completed the first half of 2009 with an expanded market share lead in storage area network (SAN) Fibre Channel adapters, according to the latest data published by the Dell'Oro Group in its Q2 2009 SAN Report.
For the first half of calendar year 2009, QLogic increased its revenue share for Fibre Channel adapters to 55.2 percent, an improvement of 1.9 percentage points over the full year 2008 share. During the same time period, QLogic's nearest competitor in Fibre Channel adapters dropped its share below 38 percent.
During the second quarter of 2009, QLogic widened its lead over the nearest competitor in the fastest growing segment, 8Gb Fibre Channel adapters, by achieving 53 percent market share. During this period, QLogic gained nearly three percentage points on a sequential basis while its nearest competitor lost nearly two percentage points.
"As our diverse product portfolio continues to expand to address a broader spectrum of networking technologies, our core Fibre Channel adapter business remains strong," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "Our share gains in 8Gb adapters confirms our product leadership with energy efficient features such as dynamic power management and Cool HBA(tm) technologies."
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 Q2 2009 SAN Report, visit: www.dellorogroup.com.
Follow QLogic @ twitter.com/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.
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.
CONTACT: QLogic Corporation