Genereux Recognized for Strengthening QLogic's Award Winning Signature Partner Program, Expanding Portfolio of Networking Solutions for Channel PartnersALISO VIEJO, Calif., Mar 9, 2010 (GlobeNewswire via COMTEX) -- QLogic Corp. (Nasdaq:QLGC) today announced that Scott Genereux, senior vice president of worldwide sales and marketing for QLogic, has been named a 2010 Channel Chief by Everything Channel's CRN. Channel Chiefs are leaders in creating effective channel programs for solution providers and consistently defend, promote and execute effective channel partner programs and strategies.
Genereux was chosen for his role in growing QLogic's Signature Partner base in 2009 and increasing the company's agility in the channel--all against a challenging macroeconomic backdrop. Under Genereux's leadership, QLogic built upon the company's award-winning Signature Partner program with numerous enhancements that simplified its previously multi-tiered model into a single, umbrella model with the aim of providing channel partners greater value with more flexible certification options.
The enhanced program incorporates the company's expanding portfolio of networking solutions, which includes support for rapidly emerging technologies such as Fibre Channel over Ethernet (FCoE), 10Gb Ethernet and InfiniBand. The program updates took into account how to ensure even greater partner profitability by giving credit for OEM products sold, enhancing rewards for partners selling across the entire spectrum of QLogic products.
"Our channel partners are a vital key to addressing the continuously evolving requirements of our expanding global customer base," said Scott Genereux, senior vice president of worldwide sales and marketing, QLogic. "We focus on providing our partners with the incentives, tools and solutions needed to succeed in established markets, such as Fibre Channel switching; rapidly emerging markets, such as FCoE adapters - and in high performance computing (HPC) environments with our end-to-end InfiniBand portfolio."
"Being named a Channel Chief is one of the most prestigious honors in the IT industry. This year's Channel Chiefs list offers tremendous insight into the who's who of the Channel," said Kelley Damore, vice president, editorial director, Everything Channel. "Top channel executives consistently ensure that the Channel's voice is heard when strategic decisions are being made and continually nurture mutually profitable relationships. We applaud the 2010 Channel Chiefs for their successful partner programs and strategies."
For the eighth consecutive year the Channel Chiefs were chosen based on Everything Channel's editorial criteria including policy and program innovations made during the past year, the amount of revenue their company generates through partners, their willingness to speak out publicly on behalf of the channel, and the number of years they have dedicated to channel activities.
For additional information on the CRN Channel Chief list, visit www.channelweb.com.
About Everything Channel (www.everythingchannel.com, www.channelweb.com)
Everything Channel, headquartered in Framingham, MA, is a technology marketing and sales solutions company. Through its "Complete Technology Channel Solution," Everything Channel offers the right business tools to accelerate technology sales. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative field sales and marketing solutions to the sellers of technology to achieve measurable and significant results.
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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