QLogic Announces Approval of a Stock Repurchase Program for an Additional $200 Million

/ Source: GlobeNewswire

ALISO VIEJO, Calif., Aug. 30, 2010 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that its board of directors has authorized a program to repurchase up to an additional $200 million of the company's outstanding common stock over a period of up to two years.

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. QLogic is a NASDAQ Global Select company and is included in the S&P 500. For more information, visit www.qlogic.com.

CONTACT: QLogic Corporation Media Contact: Steve Zivanic 408.667.8039 steve.zivanic@qlogic.com Investor Contact: Simon Biddiscombe 949.389.7533 simon.biddiscombe@qlogic.com