DALLAS, Feb. 26, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring data storage company Brocade Communication Systems Inc. (Nasdaq:BRCD). The report includes financial, comparative and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
It is available at: http://www.beaconequity.com/i/BRCD
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Brocade Communications Systems, Inc. (BRCD) is a supplier of data center networking solutions that help enterprises connect and manage their information. The Company offers a line of data center networking hardware, software products and services. The Company is organized in four operating units: The Data Center Infrastructure (DCI), The Server Edge and Storage (SES), The Services, Support and Solutions (S3) and The Files (Files). BRCD products and services are marketed and sold to end-user customers through distribution partners, including original equipment manufacturers, distributors, systems integrators, value-added resellers (VARs) and by BRCD directly. On March 17, 2008, the Company completed its acquisition of Strategic Business Systems Inc. In December 2008, Brocade announced that it has completed its acquisition of Foundry Networks Inc.
Message Board Search for BRCD: http://www.boardcentral.com/boards/BRCD
In the report, the analyst notes:
"BRCD this week announced that South Carolina Federal Credit Union, one of the largest credit unions in the United States with more than $1.4 billion in assets and 150,000 members, has upgraded its network infrastructure with Brocade NetIron® Multiprotocol Label Switching (MPLS) routers and Brocade FastIron® Power over Ethernet (PoE)-ready switches in order to simplify network management, increase end-to-end reliability and save more than a million dollars annually.
"BRCD's Q1 revenue was $539.5 million, increasing 3.4% sequentially and 25% year-over-year."
To read the entire report visit: http://www.beaconequity.com/i/BRCD
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