QLogic Increases Market Share and Widens Competitive Lead in Third Quarter 2009

November 11, 2009 3:57 PM EST

ALISO VIEJO, Calif., Nov. 11, 2009 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq: QLGC) today announced that it continues to strengthen its number one position in storage area network (SAN) Fibre Channel adapters as it increased its lead in market share and widened its lead over its nearest competitor, according to new data published by the Dell'Oro Group in its Q3 2009 SAN Report.

QLogic increased its overall Fibre Channel adapter revenue share and strengthened its number one position in Q3 to 54.4 percent. QLogic also boosted its lead over its nearest rival by 1.9 percentage points, achieving a lead of 17.9 percentage points for Q3.

On the 8Gb Fibre Channel adapter front, QLogic increased its revenue share by 3.6 percentage points compared to the previous quarter, increasing its revenue share lead to 56.6 percent for Q3. In the category of 8Gb Fibre Channel mezzanine cards, QLogic continued to dominate with 78 percent of revenue share for Q3 compared to the nearest competitor's 22 percent share. In the broader category of all mezzanine adapters (4Gb and 8Gb), QLogic increased revenue share by 1.6 percentage points to 72.4 percent and held a 44.8 percentage point lead for the quarter.

"QLogic's leadership in market share mirrors our leadership in innovation," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "This is most evident in the 8Gb mezzanine market, where the transition to Intel Nehalem-based servers, the increasing prevalence of VMware and other leading hypervisors, and the shift to Windows Server 2008 R2 is taking place. The intersection of these technologies has resulted in increased volume of QLogic 8Gb mezzanine adapters, which are being selected over the competition by virtue of the fact that they are designed to take advantage of the leading virtualized OS platforms and provide superior performance while minimizing power. Since QLogic's adapters don't require a cumbersome heat sink, their compact form factor makes them ideal for OEM blade servers and high-density storage systems."

QLogic: The Fibre Channel Adapter of Choice in the Data Center

QLogic market share leadership is driven by IT professionals in Global 2000 corporate data centers that are deploying Fibre Channel adapters. 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.

For additional information about the Dell'Oro Q3 2009 SAN Report, visit: www.dellorogroup.com.

Follow QLogic @ twitter.com/qlogic

About QLogic

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. QLogic is a NASDAQ Global Select company and is included in the S&P 500. 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.

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:
          Steve Zivanic
            408.667.8039
            steve.zivanic@qlogic.com
          Investor Contact:
          Simon Biddiscombe
            949.389.7533
            simon.biddiscombe@qlogic.com

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