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QLogic Gains HBA Market Share Over Nearest Competitor for Sixth Consecutive Quarter

As 8Gb Fibre Channel Market Emerges, QLogic Earns 60 Percent Share of Revenue and Ports, Twice the Nearest Competitor

  • Press Release
  • Source: QLogic Corp.
  • On Monday November 17, 2008, 8:00 am EST

ALISO VIEJO, Calif., Nov. 17, 2008 (GLOBE NEWSWIRE) -- QLogic Corp. (NasdaqGS:QLGC - News), a leading supplier of high performance network infrastructure solutions, today announced that QLogic once again ranked number one in every category of storage area network (SAN) host bus adapter (HBA) revenue and port market share, according to new data from the Dell'Oro Group Q3 2008 SAN Report. Dell'Oro reports that QLogic gained in overall revenue market share versus its primary competitor for the sixth consecutive quarter achieving 56.3 percent market share in overall ports and 54.8 percent of revenue share. The company increased its revenue lead over its nearest competitor to 18.3 percentage points and port share lead to 19.8 percentage points for the quarter. In addition, QLogic established a commanding lead in 8Gb Fibre Channel share for the same quarter with 61 percent share, more than double the nearest competitor, in both ports and revenue.

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``Global 2000 customers are typically the first to adopt new high performance technologies such as 8Gb Fibre Channel,'' said Amit Vashi, vice president of marketing, QLogic Host Solutions Group. ``The 8Gb HBA revenue and port market share numbers referenced in the Dell'Oro report indicate that QLogic 8Gb products demonstrate a strong value proposition in the data center.''

QLogic: The Fibre Channel HBA of Choice in the Enterprise

QLogic market share leadership is driven by IT professionals in Global 2000 corporate datacenters that are deploying Fibre Channel HBAs. HBAs from QLogic offer a suite of technology advancements that help storage administrators in large enterprises ensure complete business continuity, maintain application performance and cost-effectively scale their networks.

About QLogic

QLogic is a leading supplier of high performance network infrastructure solutions, which include the controller chips, host adapters and fabric switches that are the backbone of storage networks for most Global 2000 corporations. The company delivers a broad and diverse portfolio of products that includes Fibre Channel adapters, blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI adapters and iSCSI routers. The company is also a leading supplier of InfiniBand switches and InfiniBand host channel adapters for the emerging high performance computing market. QLogic products are delivered to small-to-medium businesses and large enterprises around the world via its channel partner community. QLogic products are also powering solutions from leading companies such as Cisco, Dell, EMC, Hitachi Data Systems, HP, IBM, NetApp and Sun Microsystems. QLogic is a member of the S&P 500 Index.

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: potential fluctuations in operating results; gross margins that may vary over time; revenues may be affected by changes in IT spending levels; the stock price of the company may be volatile; the company's dependence on the storage area network market; 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 limited 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; dependence on sole source and limited source suppliers; the company's dependence on relationships with certain silicon chip suppliers; declines in the market value of the company's marketable securities; the complexity of the company's products; sales fluctuations arising from customer transitions to new products; 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 the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; 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.

Contact:

          QLogic Corporation
Media Contact:
Robin Austin
949/389-6865
robin.austin@qlogic.com
Investor Contact:
Jeanie Herbert
949/389-6343
jeanie.herbert@qlogic.com

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