GlobeNewswire
2010-03-08
Former AMD, Dell and Sun Executive Tapped to Expand Japan
Operations for High Performance Networking Leader
ALISO VIEJO, Calif. and TOKYO, March 8, 2010 (GLOBE NEWSWIRE) -- 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/
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