Adaptec Names John Noellert Vice President of Americas Channel Sales and Marketing7 March 2006
Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, today announced that it has appointed John Noellert as vice president, Americas channel sales and marketing. In a career that spans 25 years, Noellert has held executive sales and marketing positions with a number of technology companies including Intransa, Inc., Brocade Communications Systems, Cornerstone Peripherals Technology, and Compact Devices. This appointment marks Noellert's return to Adaptec where he had previously served as vice president of channel sales from 1992 to1996. "John brings over two decades of successful sales development and business leadership in the global technology industry to Adaptec," said Russ Johnson, vice president of worldwide sales at Adaptec. "Additional strengths lie in his channel sales and marketing management expertise in conjunction with analytical skills particularly with regard to forecast and pipeline management. He will play a key role in building on Adaptec's robust channel relationships, helping to further increase the success of our valued channel partners through renewed focus, programs and activities." "Adaptec has a significant base of intellectual property and a strong brand name that has helped to maintain its presence in the market for more than 24 years," said John Noellert, vice president of Americas channel sales and marketing at Adaptec. "Now, with a new product line based on next generation Serial Attached SCSI technology, I believe that Adaptec is poised for renewed strength in the channel. I am very excited to be back at Adaptec leading its channel sales and marketing efforts." Highlighted Links Adaptec Safe Harbor Statement This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements include statements regarding future events or the future performance of Adaptec. These forward-looking statements are based on current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks include: new management's ability to drive increased sales, identifying potential buyers for the Systems business; market demand for RAID and Serial Attached SCSI products; difficulty in forecasting the volume and timing of customer orders; reduced demand in the server, network storage and desktop computer markets; our target markets' failure to accept, or delay in accepting, network storage and other advanced storage solutions, including our SAS, SATA and iSCSI lines of products; decline in consumer acceptance of our current products; the timing and volume of orders by OEM customers for storage products; our ability to control and manage costs associated with the delivery of new products; and the adverse effects of the intense competition we face in our business. For a more complete discussion of risks related to our business, reference is made to the section titled "Risk Factors" included in our Quarterly Report on Form 10-Q filed on November 7, 2005, on file with the Securities and Exchange Commission. Adaptec assumes no obligation to update any forward-looking information that is included in this release. About Adaptec Adaptec, Inc. (NASDAQ: ADPT) provides trusted storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions are delivered through leading Original Equipment Manufacturers (OEMs) and channel partners to provide storage connectivity, data protection, and networked storage to enterprises, government organizations, medium and small businesses, and consumers worldwide. Adaptec is an S&P Small Cap 600 Index member. More information is available at www.adaptec.com. Editorial Contact: Mary Camarata Adaptec, Inc. 408-957-1630 Email Contact Investor Contact: Marshall Mohr Adaptec, Inc. 408-957-6773 Email Contact SOURCE: Adaptec
Source: marketwire
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