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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: iceburg who wrote (23400)	7/17/1999 1:18:00 PM
From: J Fieb	Read Replies (1) \| Respond to of 29386

From the S-3....... We are in the final stages of product development for a new version of our switch that also supports small, non-fabric SAN implementations and that will provide for fabric, non-fabric and the interconnection of fabric and non-fabric devices. In addition, we intend to offer 64-, 128- and 256-port switches that will allow customers to more efficiently build larger fabrics. Can someone translate this. Will this end the Public loop/Private loop issues that have been discussed in the past? Is this the switch that SUNW gets? WHo else would this switch be aimed at? Thanks in advance. Other excerpts..... Our experience in integrating our switch products in the LAN market has provided us with extensive knowledge and expertise in both fibre channel and networking environments. We currently employ 48 individuals in our research and development efforts, including 15 ASIC design engineers. We plan to continue to invest in research and development efforts that are focused on the development and enhancement of switches, ASICs and the associated software offerings that address the needs of the SAN market We currently hold one U.S. patent covering certain aspects of one of our fibre channel switches. This patent will expire February 6, 2007. We have also filed additional patent applications and we may receive additional patents in the future. In addition to patents, the source code for the software contained in our products is protected by copyright law. We have registered our logo with the United States Patent and Trademark Office and have filed for registration of two additional marks for which we claim trademark rights, one of which has been published. United States trademark rights are acquired by use rather than by registration, and there can be no assurance that other companies do not have conflicting or superior rights to our unregistered trademarks. SO if someone were to publish the SANbox theme before ANCR, ANCR couldn't use it? To meet our increasing space requirements, we have entered into a lease covering approximately 32,000 square feet of new office space located in Eden Prairie, Minnesota which will expire in 2005. The annual rent for our new office space will be approximately $400,000. We also lease office space for sales and marketing in San Jose, California; Atlanta, Georgia; Bedford, New Hampshire; and South Salem, New York. Waiting for the news that will go with the secondary