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

To: Pigboy who wrote (15734)	4/14/1998 7:58:00 AM
From: princesedi	Read Replies (4) \| Respond to of 29386

Former Zytec Executive Joins Ancor Communications New Vice President to Lead Worldwide OEM and Channel Sales MINNEAPOLIS, April 14 /PRNewswire/ -- Ancor Communications, Inc. (Nasdaq: ANCR), the leading manufacturer of ANSI standard Fibre Channel connectivity products, announced today that Paul Pasqua will join the company as Vice President of Worldwide Sales. Pasqua will lead Ancor's Channel Partners and Sales Management to penetrate the Storage Area Networking market and expand the Local Area Networking market, focusing on OEM and Channel Partner development. He joins Ancor from Artesyn Technologies, Boca Raton, Fla. (formerly Zytec, Minneapolis, Minn.), where as Vice President in charge of Global Accounts, he led a ten-person sales team responsible for over $300 million in revenue. During his leadership at Zytec, Pasqua was critical in building key relationships with the world's largest computer, peripheral, and networking companies. Prior to joining Zytec in 1985, Pasqua was a regional sales manager for IOMEGA Corporation, Roy, Utah, and was in OEM sales and large disk marketing for Control Data Corporation, Bloomington, Minn. According to Ancor's President, Cal Nelson, "Paul brings a wealth of experience in developing sales teams that are very successful in partnering with the major networking, computer, and peripherals companies. Paul has very strong relationships with these companies, and they constitute the vast majority of the Fibre Channel switch opportunity." About Fibre Channel Fibre Channel is an ANSI-standard, high-speed, low-latency data communications technology that provides gigabit-per-second transmission rates in storage/server environments and high-performance networks. Ancor GigWorks(TM) products combine the speed and simplicity of channels with the flexibility of networks to solve bandwidth problems caused by the transfer of large data files among storage, server and client nodes in high-performance compute environments. Ancor Fibre Channel products provide optimal speed and throughput for data-intensive applications such as shared storage, CAD/CAM, visualization, data mining and file backup. About Ancor Communications Ancor Communications, Inc. provides GigWorks(TM) high-performance storage and data-intensive network solutions based on Fibre Channel technology. The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. In addition to Fibre Channel switches, Ancor products also include adapters and connectivity solutions. Ancor is a member of the Fibre Channel Association, Fibre Channel Loop Community, the ANSI Standards Committee and the University of New Hampshire Fibre Channel Consortium to promote the advancement of Fibre Channel standards and interoperability. GigWorks(TM), ANCOR(TM) and the Ancor logo are the marks and property of Ancor Communications, Inc. For more information about Fibre Channel technology and Ancor Fibre Channel solutions, call 800-342-7379 or access World Wide Web site ancor.com. Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents Ancor Communications, Inc. files with the Securities and Exchange Commission. SOURCE Ancor Communications, Inc. CO: Ancor Communications, Inc. ST: Minnesota