ASBIS Enterprises Now Offering QLogic Networking Solutions to Russian and Eastern European Markets

Limassol, Cyprus, January 12, 2011 -- ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, Middle East and Africa, today announced that it has extended its distribution agreement with QLogic Corp. (NASDAQ: QLGC), a global leader and technology innovator in high performance networking. Under the terms of the agreement, ASBIS will offer QLogic’s market-leading Ethernet, Fibre Channel and InfiniBand® data and storage networking solutions across Russia, Belarus, Ukraine and the Baltic countries.

“QLogic has a keen understanding of the increasingly complex requirements of virtualized data centers, cloud service providers and the converged enterprise,” said Laurent Journoud, executive vice-president for Sales and Marketing at ASBIS. “With a superior networking portfolio that addresses a broad range of data center networking platforms including 10Gb Ethernet, Fibre Channel, FCoE and InfiniBand, QLogic allows us to significantly expand our storage and data networking solutions.”

“ASBIS has a strong presence throughout EMEA and this agreement will give resellers in Eastern Europe and Russia more choices for sourcing QLogic products,” said Franco Mezzullo, vice president, EMEA, QLogic. “As we look to expand our presence here, we expect ASBIS will help us to meet our objectives with key channel partners in this rapidly emerging market.”

QLogic is a global leader and technology innovator in high performance networking, delivering adapters, switches and ASICs that power today’s data, storage and server networks for leading Global 2000 corporations. The company delivers a diverse portfolio of networking products that include 10GbE intelligent Ethernet adapters and Fibre Channel over Ethernet (FCoE) converged network adapters, Fibre Channel adapters and switches and iSCSI adapters and routers.  QLogic is also a leading provider of InfiniBand switches and adapters for the high performance computing market.  Leading OEMs and channel partners worldwide rely on QLogic® products for their networking solutions.

For pricing and further information on QLogic products, ASBIS channel partners should contact their sales representative.

^{About ASBISC Enterprises PLC 
ASBISc Enterprises Plc is one of the leading distributors of Information Technology products in Europe, Middle East and Africa (“EMEA”) Emerging Markets: Central and Eastern Europe, the Baltic States, the Commonwealth of Independent States,  the Middle East and Africa, combining a broad geographical reach with a wide range of products distributed on a "one-stop-shop" basis. Our main focus is on the following countries: Russia, Slovakia, Ukraine, Poland, Czech Republic, Belarus, Romania, Croatia, Slovenia, Bulgaria, Serbia, Hungary, and Middle East countries (i.e. United Arab Emirates, Saudi Arabia, Qatar and other Gulf states). The Group distributes IT components (to assemblers, system integrators, local brands and retail) as well as A-branded finished products like desktop PCs, laptops, servers, and networking (to SMB and retail). Our IT product portfolio encompasses a wide range of IT components, blocks and peripherals, and mobile IT systems. We currently purchase the majority of our products from leading international manufacturers, including Intel, Advanced Micro  Devices ("AMD"), Seagate, Western Digital, Samsung, Microsoft, Toshiba, Dell, Acer and Hitachi. In addition, a significant part of our revenue is comprised of sales of IT products under our private labels, Prestigio and Canyon. 
 
ASBISc commenced business in 1992 in Belarus and in 1995 we incorporated our holding company in Cyprus and moved our headquarters to Limassol. Our Cypriot headquarters support, through three master distribution centres (located in the Czech Republic, the United Arab Emirates and China), our network of 33 warehouses located in 26 countries. This network supplies products to the Group's incountry operations and directly to its customers in approximately 75 countries.} 
 

For additional information, please contact:

Mr Daniel Kordel, ASBISc Enterprises PLC, Investor Relations
Tel. +00 357 99 633 793
Tel. +48 509 020 021
E-mail: d.kordel@asbis.com

Mr Costas Tziamalis, ASBISc Enterprises PLC, Investor Relations
Tel. +00 357 25 857 000
E-mail: costas@asbis.com