GlobeNewswire
2012-03-15
Wadekar and QLogic's Chauncey Schwartz Tapped to Head
Technical and Marketing Committees in 2012
ALISO VIEJO, Calif., March 15, 2012 (GLOBE NEWSWIRE) -- QLogic Corp.
(Nasdaq:QLGC) today announced that the Ethernet Alliance, a global
consortium dedicated to the continued success and advancement of
Ethernet technologies, has elected QLogic's Manoj Wadekar as vice
president for the organization's 2012 term. Wadekar will also continue
to serve as Technical Committee Chair and QLogic's Chauncey Schwartz
will continue in his role as Marketing Committee Chair.
The Ethernet Alliance is a global, non-profit, industry consortium of
member organizations that are dedicated to the continued success and
advancement of Ethernet technologies. Members include system and
component vendors, industry experts, and university and government
professionals. Ethernet Alliance members work together to take Ethernet
standards to the marketplace. Dedicated to growing Ethernet technology
in the most rational and cost-effective manner possible, members
support and originate activities that span from incubation of new
Ethernet technologies to interoperability testing to demonstrations to
education.
"The strategic vision of the Ethernet Alliance is to support the
development of Ethernet and expand the Ethernet ecosystem," said John
D'Ambrosia, chairman, Board of Directors for the Ethernet Alliance.
"QLogic has been a key supporter of the Ethernet Alliance and Manoj
Wadekar and Chauncey Schwartz bring invaluable expertise in allowing us
to execute on our vision."
"QLogic is committed to the expansion of Ethernet through convergence
and market adoption of 10Gb Ethernet in data centers globally," said
Chris Humphrey, vice president of corporate marketing, QLogic. "The
Ethernet Alliance provides a necessary forum for industry players to
come together and develop open standards that will advance the Ethernet
ecosystem and best serve customers' requirements. Manoj and Chauncey
are capable QLogic ambassadors who provide us with strong voices in the
consensus-building process for both technical and marketing
initiatives."
Manoj Wadekar, Vice President and Technical Committee Chair
Manoj Wadekar is a fellow and chief technologist at QLogic and is
responsible for driving architecture and technology strategy for
QLogic's adapter products in data centers. He has been driving
cross-industry initiatives in Ethernet and Fibre Channel technologies.
Chauncey Schwartz, Marketing Committee Chair
Schwartz has a successful 25-year career in sales, marketing and
business management. He has a proven ability to position, communicate,
and teach markets and channels about creative, breakthrough solutions,
generating successful business results while leading highly successful
cross-functional teams. Schwartz is currently working with QLogic to
develop strategies for Alliances that are focused on networking
connectivity and to find creative ways to incorporate virtualization
and fabrics into complex application environments.
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. 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 and market 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: unfavorable economic conditions; 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; 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; the company's ability to compete
effectively with other companies; the complexity of the company's
products; declining average unit sales prices of comparable products;
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; the ability to attract and
retain key personnel; sales fluctuations arising from customer
transitions to new products; seasonal fluctuations and uneven sales
patterns in orders from customers; a reduction in sales efforts by
current distributors; changes in the company's tax provisions or
adverse outcomes resulting from examination of its income tax returns;
international economic, currency, regulatory, political and other
risks; facilities of the company and its suppliers and customers are
located in areas subject to natural disasters; the ability to protect
proprietary rights; the ability to satisfactorily resolve any
infringement claims; uncertain benefits from strategic business
combinations; declines in the market value of the company's marketable
securities; environmental compliance costs; changes in regulations or
standards regarding energy use of the company's products; difficulties
in transitioning to smaller geometry process technologies; the use of
"open source" software in the company's products; and computer viruses
and other tampering with the company's computer systems.
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: Media Contact:
Steve Sturgeon
QLogic Corporation
858.472.5669
steve.sturgeon@qlogic.com
Investor Contact:
Jean Hu
QLogic Corporation
949.389.7579
jean.hu@qlogic.com