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Darling will be responsible for strengthening QLogic's presence across APJ to expand its networking business, specifically optimizing the company's sales organization and channel partners for new business opportunities in the 8Gb Fibre Channel, FCoE and Ethernet markets while reinforcing its competitive position. Darling will report to Scott Genereux, senior vice president of Worldwide Sales and Marketing.
"The Asia Pacific IT sector is growing at a rate faster than many other regions; Japan is the second largest storage market in the world while China's economy is performing better than expected in the current business climate. The opportunity for growth and market expansion is significant," said Genereux. "Having spent the past decade in Asia spearheading highly successful sales strategies for some of the world's leading storage companies-many of whom are QLogic OEM customers-Martin will enable us to expand upon existing relationships, successfully forge new ones and accelerate our growth in this important region."
Commenting from his office in Singapore on his appointment, Darling said, "QLogic offers an impressive portfolio that spans storage, server and data networking markets and is considerably well-positioned to address the broad networking requirements of leading companies across China, Japan, Korea and other countries in the Asia Pacific region. I look forward to expanding our sales presence and strategic initiatives on this side of the globe."
Darling has deep domain expertise, with a career that spans a multitude of sales and general management roles over a period of 15 years in the storage industry. Most recently, he was at DataDirect Networks (DDN) as vice president and general manager of Asia Pacific, where he successfully expanded the company's presence in Asia, igniting new business in Korea and India. Prior to DDN, Martin was at Copan Systems, where he was responsible for sales in Asia Pacific and increased revenue tenfold per quarter in only one year and established new vertical business operations in the video gaming, Internet and energy sectors. Prior to Copan, Martin headed up the Asia Pacific Dell Business Sales Unit at EMC, where he materially increased the company's revenue and presence throughout the region. Martin also worked at Hitachi, Ltd.'s Data Systems unit where he doubled channel sales in just three years.
Photos of Martin Darling are available at: www.flickr.com/photos/39016548@N04/
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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: potential fluctuations in operating results; revenues may be affected by changes in IT spending levels; gross margins that may vary over time; the stock price of the company may be volatile; the company's dependence on the storage area network market; 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 limited 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 silicon chip suppliers; declines in the market value of the company's marketable securities; the complexity of the company's products; sales fluctuations arising from customer transitions to new products; 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 the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; 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.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: QLogic Corp.
QLogic Corporation
Media Contact:
Steve Zivanic
408.667.8039
steve.zivanic@qlogic.com
Investor Contact:
Simon Biddiscombe
949.389.7533
simon.biddiscombe@qlogic.com
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