Latest Reports From Dell'Oro Group and Crehan Research Show Company Gained More Than Four Percentage Points of Share in Q1 of Calendar Year 2013
ALISO VIEJO, Calif., May 14, 2013 (GLOBE NEWSWIRE via COMTEX) --
QLogic (Nasdaq:QLGC) today announced that the company gained share in the Fibre Channel adapter market in the first quarter of calendar year 2013, according to new data from the Dell'Oro Group Q1 2013 SAN Report and the Crehan Research Q1 2013 Quarterly Market Share Report. With a sequential quarter-over-quarter gain of more than four percentage points, QLogic led its nearest competitor by more than 11 percentage points. QLogic currently holds a total revenue share of 53.5 percent according to Dell'Oro Group and 52.1 percent share according to Crehan Research.
"The latest market share reports continue to validate the strong preference by more end-users and OEMs for the QLogic brand. Backed by field-proven reliability and steadfast interoperability, QLogic has been the market leader in Fibre Channel adapters for nine consecutive years," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "Our award-winning FlexSuite 16Gb Fibre Channel adapters carry on our leadership tradition with unparalleled flexibility for today's virtualized data centers. These versatile, dual-personality adapters can also be configured for 10Gb Ethernet environments, protecting and future-proofing customers' IT investments."
QLogic market share leadership is driven by IT professionals in Global 2000 corporate data centers where virtualization-dominated IT landscapes and enterprise I/O performance is crucial. 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.
QLogic – the Ultimate in Performance
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, acquisitions and divestitures; declines in the market value of the company's marketable securities; changes in and compliance with regulations; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; and security system risks, data protection breaches and cyber-attacks.
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.
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