QLogic Names Tony Carrozza Senior Vice President of Worldwide Sales
ALISO VIEJO, Calif., July 2, 2014 (GLOBE NEWSWIRE) -- QLogic Corp.
(Nasdaq:QLGC), a leading supplier of high performance network infrastructure
solutions, today announced the appointment of Tony Carrozza to the position of
senior vice president of worldwide sales, effective immediately.
Carrozza has more than 30 years of executive sales leadership experience in
the server and storage industries and joins QLogic following key roles as
executive vice president of worldwide sales at Silicon Graphics International
Corporation and senior vice president of worldwide sales at Quantum
"We are extremely pleased to have Tony join QLogic as our senior vice
president of worldwide sales," said Prasad Rampalli, president and chief
executive officer, QLogic. "He brings a unique set of sales leadership and
management experience that will enhance our executive team."
"QLogic's leadership position in the Fibre Channel market, combined with their
recently acquired Ethernet portfolio, uniquely positions the company to
provide not only a broad range of server I/O solutions, but also value-added
storage and networking solutions to a broad range of enterprise and cloud
customers," said Carrozza. "I am excited about joining QLogic and leading the
worldwide sales team as the company capitalizes on these growth
Carrozza will report directly to Rampalli in his new role.
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.
Follow QLogic @ twitter.com/qlogic
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
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.
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