Award-Winning Technology Strengthens Lenovo Server Portfolio and Drives QLogic Momentum in Growing China IT Markets

ALISO VIEJO, Calif, March 4, 2014 – QLogic (Nasdaq: QLGC), the industry leader in Fibre Channel adapters, today announced that its award-winning FlexSuite™ 2600 Series 16Gb Gen 5 Fibre Channel adapters are now shipping for the Lenovo ThinkServer Product Family. Continued collaboration between QLogic and Lenovo demonstrates an ongoing commitment to deliver true enterprise-class server and storage performance and satisfy customer needs in growing IT markets in China and around the globe.

Available under the Lenovo brand, the Gen 5 adapters allow enterprises to improve price-performance, reduce power consumption-per-gigabit, conserve PCIe slots, and support more virtual machines (VMs) per server. Lenovo Gen 5 Fibre Channel adapters are backward-compatible with 8Gb and 4Gb Fibre Channel storage networking solutions, providing investment protection for existing storage area network (SAN) infrastructure.

“Lenovo ThinkServer enterprise-class servers are designed to meet business-critical demands by delivering outstanding reliability and exceptional value,” said Darrel Ward, vice president, Enterprise Product Group, Lenovo. “Our latest Intel Xeon E5-based servers, combined with QLogic® Gen 5 Fibre Channel adapters, provide the performance and features necessary to drive today’s virtualized data centers and cloud computing environments.”

Lenovo Gen 5 Fibre Channel adapters, powered by QLogic, are designed to tackle high-bandwidth, I/O-intensive applications where reliability is critical, such as virtualization, streaming media, online transaction processing, backup and recovery and data warehousing. The underlying driver stack in QLogic Gen 5 Fibre Channel technology is proven in more than 15 million ports shipped to enterprise data centers around the world.

“QLogic Gen 5 Fibre Channel adapters provide large OEM customers such as Lenovo with a competitive advantage, with unique features such as port-level isolation, and proven QLogic reliability, performance and value,” said Vikram Karvat, vice president of marketing, QLogic. “This is the second product we’ve announced with Lenovo in less than four months; it signals our growing partnership and expanding momentum in China, a key area for QLogic market expansion.”

Why QLogic?
The most advanced networks demand sophisticated capabilities, and for 20 years QLogic has consistently delivered performance, innovation, flexibility, reliability and control for these environments. Breakthrough application performance gives customers faster time-to-data. Innovation delivers new capabilities, greater efficiency and maximum performance. Unprecedented flexibility connects mission-critical applications to any storage network. Reliability is backed by the highest mean-time-between-failure and the industry’s only five-year warranties, and robust infrastructure management capabilities put network controls in the hands of customers.

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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: 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 ability to attract and retain key personnel; 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; 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, acquisitions and divestitures; 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 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.

Media Contact:
Steve Sturgeon
QLogic Corporation
858.472.5669
steve.sturgeon@qlogic.com

Investor Contact:
Doug Naylor
QLogic Corporation
949.541.1330
doug.naylor@qlogic.com