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

To: Craig Stevenson who wrote (16931)	6/30/1998 7:33:00 AM
From: LaVerne E. Olney	Respond to of 29386

Tuesday June 30, 7:01 am Eastern Time Company Press Release SOURCE: Ancor Communications, Inc. Former Quantum Executive Joins Ancor Communications New Sales Director to Help Penetrate OEM Accounts MINNEAPOLIS, June 30 /PRNewswire/ -- Ancor Communications Inc. (Nasdaq: ANCR - news), the leading manufacturer of ANSI standard Fibre Channel connectivity products, announced today that Barry McGriff has joined the company as director, OEM Sales. McGriff joins Ancor with more than twenty years of successful sales and sales management experience, primarily selling computer storage devices to OEMs. McGriff's career includes ten years at Control Data Corporation and eight years at Quantum Corporation [Nasdaq:QNTM - news], where he started as a regional sales manager and worked his way up to vice president of Worldwide Sales, leading a sales team from zero to more than $300 million in annual revenues. ''Barry has proven his worth,'' said Paul Pasqua, Ancor's vice president of worldwide sales. ''He's had experience working in all sizes of companies, and brings the relationships and industry contacts that will help Ancor discover and create new OEM opportunities. Quite simply, Barry adds a new dimension to our sales team. I think it's a real win for the company.'' 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. Information on Ancor is available on the World Wide Web at ancor.com 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.