Company Announces Support for FCIA-Approved Standard Which Will Double the Bandwidth of Today's Fibre Channel Solutions While Protecting Existing Investments Through Backward Compatibility
ALISO VIEJO, Calif., Sep 28, 2010 (GlobeNewswire via COMTEX) --
QLogic Corp. (Nasdaq:QLGC) today announced its full support for the 16Gb Fibre Channel standard which was ratified by the ANSI INCITS T11.2 Technical Committee and announced today by the Fibre Channel Industry Association (FCIA).
"QLogic is once again ready to take Fibre Channel to new heights with our fifth-generation Fibre Channel solutions and deliver the fastest storage connectivity available," said Rob Davis, vice president and chief technology officer, QLogic. "Running at 16Gb/second, our Fibre Channel switches and adapters will double the performance of today's 8Gb Fibre Channel products making them highly appealing for our customers running bandwidth-demanding applications. To protect customers' existing Fibre Channel investments, QLogic(R) 16Gb Fibre Channel solutions will be fully compatible with 8Gb and 4Gb generation products from QLogic and other Fibre Channel vendors."
In addition to improved performance and backward compatibility, 16Gb Fibre Channel is expected to reduce power consumption by at least 25 percent over previous generation products in part because SAN administrators will be able to handle the same workload as two previous-generation 8Gb ports on a single 16Gb port. It also offers between 60 percent and 2X improvements in storage area network (SAN) IO density and virtual machine (VM) IO channels per port, saving PCIe slots for other uses.
The QLogic roadmap includes a number of 16Gb Fibre Channel products which are expected to be available sometime in calendar year 2011.
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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 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; 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.
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SOURCE: QLogic Corp.
CONTACT: QLogic Corporation
Sonal Dave, 949-389-6000
Doug Naylor, 949-389-7525