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

To: Douglas Nordgren who wrote (27123)	5/25/2000 8:47:00 AM
From: J Fieb	Respond to of 29386

LIke those director numbers! Here is an interesting QLGC job posting. Position: Systems Software Engineer Requisition No.: 956 - Boulder, Colorado Description: Qlogic is expanding our new engineering design center in oulder, which is chartered with applying QLogic's Fibre channel, parallel SCSI, and AdaptiveRAID technologies to the development of new I/O interfaces. We are currently looking for senior level Software Engineers. Develop and maintain core RAID software in embedded system environment. Emphasis on algorithms, architecture design, and high quality software development. Required skills Recent experience with RAID and/or I/O file systems. Visual C/C++, Windows NT, Linux, Solaris, Netware, or embedded systems required. Network management experience a plus. 4+ years experience in Systems Software and/or BSCS or BSEE ANCR will get such info in advance so that they can be integrated into SANs and shorten the product cycle. ANCRs modular approach to its ports might lend itself to mix and match switched fabric of some sort. New I/o interfaces implies Iband without actually saying it..... QLogic Corporation Acquires Adaptive Raid© Technology for New I/O Interfaces Costa Mesa, Calif., January 10, 2000 - QLogic Corporation (Nasdaq:QLGC), the market share leader in Fibre Channel host bus adapters, and an innovator in SCSI connectivity solutions, today announced that it has acquired certain intellectual property from Borg Adaptive Technologies, Inc., a wholly-owned subsidiary of nStor Corporation. The technology, known as AdaptiveRAID©, was purchased for $7.5 million in cash. As part of the transaction, QLogic will assume a facility lease in Boulder, Colorado where it plans to open a design center. "By adding the AdaptiveRAID© technology and the associated engineers to QLogic's resource pool, the Company is preparing for the development of new I/O interfaces, such as InfiniBandSM," according to H.K. Desai, the Company's Chairman, President and CEO. "We expect deployment of InfiniBandSM-based technologies to occur in the next several years. These new interfaces will require enhanced software and hardware I/O capabilities," added Mr. Desai. Mr. Desai also noted QLogic is highly enthusiastic about establishing a design center in Boulder, as this will give the Company access to local software, firmware and ASIC engineering resources. The new Boulder location should complement QLogic's current engineering activities in Orange County and Austin, according to Mr. Desai. The Company will account for this transaction in its fourth fiscal quarter ending April 2, 2000. The Company will evaluate the allocation of the purchase price to the assets acquired. Such assets include in-process technology that will be written off in the fiscal quarter ending April 2, 2000, and goodwill associated with AdaptiveRAID© technology which will be amortized over its useful life. The impact of the in-process technology write-off is expected to be material to the Company's fiscal fourth quarter earnings. Excluding the in-process technology write-off, the impact of the purchase to earnings in fiscal 2000 is expected to be immaterial.

To: Douglas Nordgren who wrote (27123)	5/25/2000 10:33:00 AM
From: Greg Hull	Read Replies (1) \| Respond to of 29386

Douglas, You mean I didn't have to scribble numbers down quickly when they flashed these numbers at the annual meeting? Thank you very much for getting the complete set of numbers and formatting them so nicely. I should really be spending more of my time doing what you just did. You make me feel guilty; I'll try to do better in the future. Greg

To: Douglas Nordgren who wrote (27123)	5/25/2000 10:56:00 AM
From: trendmastr	Respond to of 29386

Douglas: As promised. To: Bosco who wrote (492) From: trendmastr Thursday, May 25, 2000 ÿ10:52 AM ET Reply # of 493 Hi all Qlogic holders (qlogicians?) : Questions, comments, concerns about the impending merger with Ancor? Like to know more about Ancor? Come on over to the ANCR-QLGC message board: Subject 3278 for the latest news, comment and insight on the two companies. The ANCR thread has a 4 year history of unparalleled responsible,thoughtful analysis of everything Ancor, interlaced with some occasional humor. Stop by for a test ride. Also highly recommended is the A Fibre Channel Future thread: Subject 17781 for more general fc news and thought. tm The preceding was a public services announcement brought to you by the shareholders of Ancor and the posters and lurkers of the ANCR-QLGC message board.