ADVISORY/Emulex to Participate in Panel Discussion Entitled Storage Networking Panel.Business Editors & High-Tech Writers ADVISORY...for Wednesday (May 16) --(BUSINESS WIRE) Emulex Corp.
WHAT: Emulex Corp. (Nasdaq:EMLX) will be participating in a panel
discussion for investors attending Salomon Smith Barney Data
Storage Infrastructure Conference, Wednesday, May 16, 2001 at
1:30 p.m. EDT. Ron Quagliara, president of Emulex's IP Storage
Networking Group, will represent Emulex on the Storage
Networking Panel. The discussion can be heard and viewed live on
the Internet via a webcast at www.emulex.com at 1:30 p.m. EDT.
The archived version of Emulex's presentation will be available
for 30 days after the live presentation at the same link as
above.
WHEN: Wednesday, May 16, 2001 at 1:30 p.m. Eastern Daylight Time
WHERE: Live webcast at www.emulex.com
CONTACT: Investor contact:
Mike Rockenbach, CFO
714/513-8213
or
Media contact:
Robin Schnug, Public Relations Manager
714/513-8152 or robin.schnug@emulex.com
About Emulex Emulex is a leading supplier and developer of storage and server networking host bus adapters based on both Fibre Channel and IP networking technologies. Storage networks provide data centers with high-speed, scalable and highly available storage access. Server networks enable the creation of high-performance server clusters for database and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . Emulex's product families are based on internally developed ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. , firmware and software technologies and offer customers high performance, scalability, flexibility and reduced total cost of ownership. The company's products have been selected by the world's leading server and storage providers, including Compaq, Dell, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , Fujitsu-Siemens, Groupe Bull Groupe Bull (also known as Bull Computer or simply Bull) is a French computer company based in Les Clayes-sous-Bois, outside Paris. The company has also been known at various times as Bull General Electric, Honeywell Bull, CII Honeywell Bull , Hewlett-Packard, Hitachi Data Systems See HDS. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Network Appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything and Unisys. In addition, Emulex includes industry leaders Brocade, INRANGE, Intel, Legato, McDATA, Microsoft, and Veritas among its strategic partners. Emulex markets to OEMs and end-users through its own worldwide selling organization, as well as its two-tier distribution partners, including ACAL ACAL Asociación de Archiveros de Castilla Y León (Castille and Leon, Spain) ACAL Academia de Ciencias de América Latina (Spanish: Academy of Sciences of Latin America, Venezuela) , Avnet, Bell Microproducts, Consan, CTC CTC - Cornell Theory Center , Info-X, Tech Data and TidalWire. Corporate headquarters are located in Costa Mesa, Calif. News releases and other information about Emulex are available at www.emulex.com. EMULEX -- We network storage "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. The economy generally, and the technology and storage segments specifically, have recently been in a state of uncertainty making it difficult to determine if past experience is a good guide to the future and making it impossible to determine if markets will grow or shrink in the short term. Thus, the forward-looking statements herein are management's best estimate of likely results if market conditions stabilize and if the storage sector begins to recover and resume its historic pattern of growth. Other factors affecting these forward looking statements include the following: Emulex's markets are characterized by rapidly changing technology, evolving industry standards and frequent introductions of new products and enhancements, and the combined companies may not be able to respond to such changes on a timely basis; the Fibre Channel and IP markets are in early stages of development; changes in economic conditions or changes in end-user demand for technology solutions, including the possibility of slower than expected growth in demand for Fibre Channel solutions; possible delays in OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and launches of products enabled by the company's solutions or deferrals in orders for the company's solutions by these OEMs; Emulex's VI/IP and iSCSI products remain in the development stage and are subject to significant technical, competitive and market acceptance risks; the ability of Emulex to effectively integrate recently acquired operations into its own and achieve operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. goals; the highly competitive nature of the markets for Emulex's products as well as pricing pressures that may result from such competitive conditions; the combined companies' ability to attract and retain skilled personnel; the companies' reliance on third-party suppliers for components used in the companies' products and on manufacturing subcontractors that assemble and distribute the company's products; the companies' reliance on certain OEMs, distributors and key customers; potential losses on strategic business investments; and potential fluctuations in Emulex's future effective tax rate. In addition, proposed changes in purchase accounting may result in financial statement presentation that could be less favorably received by investors. These and other factors which could cause actual results to differ materially from those in the forward-looking statements are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q. Note to Editors: This news release refers to various products and companies by their trade names. In most, if not all cases, these designations are claimed as trademarks or registered trademarks by their respective companies. |
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