News and Events
Industry Events
Media/Analyst Coverage
News Releases
Investor Relations
Overview
Corporate Governance
Investor FAQ
SEC Filings
Historical Financial Information
Annual Reports
Electronic Delivery Enrollment
E-mail Alerts
Investor Events
Analyst Coverage
Contact Investor Relations

Steve Sturgeon
858-472-5669
steve.sturgeon@qlogic.com

 
News Release


RSS Feeds RSS Feeds | E-mail Alerts E-mail Alerts | Financial Tear Sheet Investor Fact Sheet | Investor FAQ | FY14 Annual Report | 2013 Conflict Minerals Report

<< Back
QLogic, SQL Server 2012, Temenos and X-IO Technologies Set Benchmark Record for Real-World Banking Transactions
QLogic 2500 Series Fibre Channel Adapters Help Team Achieve 11,500 Transactions Per Second and 10,000 Interest Accrual and Capitalizations Per Second

ALISO VIEJO, Calif., March 6, 2012 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC) today announced that it has teamed with Microsoft Corp., Temenos and X-IO Technologies to achieve record-breaking results on the TEMENOS T24 (T24) performance benchmark. The high-water benchmark testing, conducted at the Microsoft Platform Adoption Center using QLogic® 2500 Series 8Gb Fibre Channel adapters, SQL Server 2012 and X-IO Hyper ISE storage, included a mix of standard, real-world banking transactions typical for a large tier-1 retail bank with an extensive customer base.

At peak performance, the system processed 11,500 transactions per second in online business testing and averaged more than 10,000 interest accrual and capitalizations per second during close-of-business testing. Temenos, a global provider of banking software, was able to use the system to process 25 million capitalizations and account accruals in less than 42 minutes.

"Our battle hardened 2500 Series 8Gb Fibre Channel adapters provide customers with superior performance that translates into a competitive advantage," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "The TEMENOS T24 benchmark record validates how well QLogic 8Gb Fibre Channel adapters handle real-world banking transactions and other business-critical applications."

"Microsoft is strongly committed to delivering robust solutions that meet the demands of the financial services industry, which is why our alliance with Temenos is important for us and our customers," said Claude Lorenson, director, SQL Server Marketing, at Microsoft. "Working with key partners such as QLogic and X-IO Technologies, we are pleased to demonstrate SQL Server 2012's power to support mission-critical operations at the world's largest financial institutions with solutions that go above and beyond expectations."

"Banks today require maximum productivity from their IT investments in order to meet numerous challenges such as higher capital requirements," said Andre Loustau, CTO, Temenos. "This benchmark demonstrates our collective ability to provide financial institutions--previously challenged by legacy systems--with high-end scalability, increased flexibility and lower total cost of ownership."

"X-IO Hyper ISE storage was recently named a double gold medal winner by Windows IT Pro and SQL Server Magazine, validating our superior performance in SQL Server environments," said Rick Nelson, vice president of international business development, X-IO Technologies. "The results of this record-breaking benchmark demonstrate how X-IO Hyper ISE storage systems perform with SQL Server 2012 and Temenos in real-world financial environments."

The standardized benchmark reflected tier 1 retail banking activity volumes of 25 million accounts and 15 million customers across 2,000 branches. Testing was performed at the Microsoft Platform Adoption Center in Redmond, Wash. using HP application and database servers. The tests were run on 25 application servers connected to a central, single instance of SQL Server 2012 and Windows Server 2008 R2 Enterprise. The database server was connected to X-IO Hyper ISE storage using QLogic QLE2562 8Gb Fibre Channel adapters.

QLogic 2500 Series Adapters -- Transforming Server Connectivity into Competitive Advantage

The QLogic 2500 Series is a family of 8Gb Fibre Channel-to-PCIe Gen2 adapters that are designed for next-generation virtualized data centers with powerful multi-processor, multi-core servers. QLogic 2500 Series adapters are optimized for virtualization, power, reliability, availability, serviceability, security and management to transform server connectivity into competitive advantage.

The 2500 Series provides complete investment protection by maintaining backward compatibility with previous Fibre Channel network and PCIe host bus speeds, and is set apart from all other 8Gb Fibre Channel adapters by virtue of two breakthrough innovations under the QLogic Star Power™ Green Initiative -- Dynamic Power Management and Cool HBA™ technologies. Dynamic Power Management is the unique ability of the QLogic 2500 to sense the type of PCI Express bus that is present and consume only the amount of power necessary to run at full speed. QLogic Cool HBA technology is the ability of QLogic products like 2500 Series Fibre Channel adapters to operate without any air flow, unlike competitive products which require fans to be cool.

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. 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 and market 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: unfavorable economic conditions; 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; 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; the company's ability to compete effectively with other companies; the complexity of the company's products; declining average unit sales prices of comparable products; 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; the ability to attract and retain key personnel; sales fluctuations arising from customer transitions to new products; seasonal fluctuations and uneven sales patterns in orders from customers; a reduction in sales efforts by current distributors; changes in the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; international economic, currency, regulatory, political and other risks; facilities of the company and its suppliers and customers are located in areas subject to natural disasters; the ability to protect proprietary rights; the ability to satisfactorily resolve any infringement claims; uncertain benefits from strategic business combinations; declines in the market value of the company's marketable securities; environmental compliance costs; changes in regulations or standards regarding energy use of the company's products; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; and computer viruses and other tampering with the company's computer systems.

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: Media Contact:
         Tim Lustig
         QLogic Corporation
         949.389.6196
         tim.lustig@qlogic.com

         Investor Contact:
         Jean Hu
         QLogic Corporation
         949.389.7579
         jean.hu@qlogic.com
QLogic Corp.