Former AMD, Dell and Sun Executive Tapped to Expand Japan Operations for High Performance Networking LeaderALISO VIEJO, Calif. and TOKYO, Mar 8, 2010 (GlobeNewswire via COMTEX) -- QLogic Corp. (Nasdaq:QLGC) today announced the appointment of Minoru Yasuda to general manager, QLogic Japan. Set to expand the company's operations and market share in Japan, Yasuda brings to QLogic a longstanding track record of developing highly successful sales and marketing strategies in Japan for technology leaders such as AMD (NYSE:AMD), Dell (Nasdaq:DELL) and Sun (Nasdaq:JAVA).
Yasuda will be responsible for building a platform for growth in Japan, amplifying the company's sales focus with Tier One server and storage OEMs and pushing the company further into Fibre Channel switching and InfiniBand solutions for high performance computing applications. Yasuda will report to Martin Darling, QLogic vice president of Asia Pacific and Japan Sales.
"QLogic has impeccable high performance networking technology and one of the broadest portfolios in the industry," said Yasuda. "I look forward to building the QLogic brand in Japan, and hope to duplicate the success the company has enjoyed in the United States and other regions."
"With Japan ranked by IDC as the second largest storage market after the U.S., the time for QLogic to strengthen its presence there and capitalize on these opportunities is now," said Darling. "In addition to expanding our Fibre Channel and InfiniBand business, we expect customers in large cities such as Tokyo to address city power restrictions by deploying VMware, Nehalem-based servers and QLogic FCoE networking solutions with significantly lower power consumption characteristics."
Yasuda's career spans a multitude of technology sales and management roles over a period of 24 years. Most recently he served as general manager for Sun Microsystems x86 System Sales in Japan where he successfully managed a strategic team and worked with channel partners to greatly expand the company's share in x86 servers. Prior to Sun, Yasuda was at AMD Japan, where he served as regional sales director and headed distribution sales, which accounted for material contributions to revenue. As regional sales manager at Dell Japan, Yasuda succeeded in driving revenue growth by 20 percent on a year-over-year basis.
Photo of Minoru Yasuda is available at: http://www.flickr.com/photos/qlogic2010/4407028667/
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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 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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SOURCE: QLogic Corp.
CONTACT: QLogic Corporation
Sonal Dave, 949-389-6000
Doug Naylor, 949-389-7525