ALISO VIEJO, Calif., Aug. 19, 2015 (GLOBE NEWSWIRE) -- QLogic (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced a strategic distribution agreement with ASI, a leading distributor of solution building I/O and reference architecture blueprints to its family of over 12,000 VARs throughout North America. QLogic and ASI will work together to provide increased sales and profitability to resellers who deliver optimized server and storage networking infrastructure solutions for next generation workloads to cloud, enterprise and telco customers in the U.S.
"Over the years, I have seen ASI work with vendors to build solutions and optimize the delivery of specific workload and vertical solutions," said Shaun Walsh, vice president of Corporate Marketing, QLogic. "Partnering with ASI will help us reach specialized VARs that expand our market reach and support the development of better products. One great example of that is AMAX, which builds solutions for Hadoop and Spark clusters."
"With QLogic's proven track record of market leadership and innovation, adding its products to our networking and storage portfolio aligned with our business strategy," said Cathy Wang, vice president of Product Management, ASI. "QLogic's solutions address the needs of large enterprises and SMBs. By providing our resellers access to these solutions, it allows them to fully support our customers' specific areas of need effectively and efficiently."
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QLogic – the Ultimate in Performance
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance server and storage networking connectivity products. Leading OEMs and channel partners worldwide rely on QLogic for their server and storage 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: potential fluctuations in operating results; gross margins that may vary over time; unfavorable economic conditions; the stock price of the company may be volatile; the company's dependence on the networking markets served; the company's ability to compete effectively with other companies; the company's dependence on a small number of customers; the ability to maintain and gain market or industry acceptance of the company's 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; uncertain benefits from strategic business combinations, acquisitions and divestitures; the ability to attract and retain key personnel; the complexity of the company's products; declining average unit sales prices of comparable products; sales fluctuations arising from customer transitions to new products; seasonal fluctuations and uneven sales and purchasing patterns with our customers and suppliers; 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; a reduction in sales efforts by current distributors; declines in the market value of the company's marketable securities; changes in and compliance with regulations; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; system security risks, data protection breaches and cyber-attacks; and the company's ability to borrow under its credit agreement is subject to certain covenants.
More detailed information on these and additional factors that 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.
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