Embedded Test Solutions Enable At-Speed and Hierarchical Design Solutions for QLogic's Fibre Channel Controllers and SANbox2 Switches
San Jose, Calif., October 21, 2002 - LogicVision, Inc., (NASDAQ:LGVN), a leading provider of embedded test for integrated circuits and systems, today announced QLogic Corp., the company that powers storage area networks (SANs), has selected LogicVision's Embedded Test Solutions™ for its IC devices used in QLogic's Peripheral I/O controller products line. LogicVision's technology will allow the devices to be tested at-speed and help QLogic meet the testing challenges associated with the growing design complexities of its SAN and peripheral connectivity solutions.
According to Dataquest, the total-available SAN market today is $1.5 Billion, growing to $8.6 Billion by 2006.*
"To successfully compete in this type of market, companies will not only need to actively develop advanced device technology, but they will need to leverage leading-edge device testing technology," stated Mukesh Mowji, LogicVision's vice president of sales and marketing. "QLogic recognized the growing need for a comprehensive and scalable embedded test solution that can meet the demands of increasingly complex devices from design to full production while maintaining low test costs. We believe that QLogic's investment of our technology validates our products as essential for next-generation device testing. We look forward to continue being an important part of QLogic's strategy to maintain a competitive advantage in the SAN market."
"Using LogicVision's seamless Embedded Test solutions will enable us to provide highly integrated ASICs for incorporation in a wide variety of high speed, mission critical applications where high reliability at a manageable cost is key. " said David Tovey, vice president and general manager of QLogic's Peripheral Products Group . "QLogic ships many millions of complex ASICs every year. This technology helps us to ensure that our customers receive products that have already been tested over the widest range of conditions, enabling full functionality and reliability today and throughout the life of the application."
About LogicVision Inc.
LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com.
About QLogic (www.qlogic.com)
QLogic Corporation (Nasdaq:QLGC) simplifies the process of networking storage for OEMs, resellers and system integrators with the only end-to-end infrastructure in the industry, consisting of award-winning controller chips, host bus adapters, network switches and management software to move data from the storage device through the fabric to the server. QLogic designs and produces solutions based on all storage network technologies including SCSI, iSCSI, InfiniBand and Fibre Channel. A member of the S&P 500 Index, QLogic was recently ranked number 25 on Forbes' Best 200 Small Companies and was named to Fortune's 100 Fastest Growing Companies list for the third consecutive year.
Except for the historical information contained herein, the matters set forth in this press release, including statements as to the benefits of LogicVision's technology and the continued relationship between the companies, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially, including, but not limited to, the impact of competitive products and technological advances, and other risks detailed in LogicVision's Form 10-Q for the quarter ended June 30, 2002, and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.
LogicVision, Embedded Test, LogicVision Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.
*Gartner Dataquest "Storage Network Infrastructure 2002: Market Share and Forecast" report , James Opfer , June 25, 2002.