ADVISORY/JNI Corporation to Present At Tuesday's Salomon Smith Barney SAN/NAS Conference; Updated Guidance On Fourth Quarter, Year-End Results Offered Monday, Dec. 11.News/Assignment Editors ADVISORY...for Tuesday (Dec. 5) SAN DIEGO--(BUSINESS WIRE) JNI(R) Corporation's (Nasdaq:JNIC JNIC Joint National Integration Center ) newly appointed President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Neal Waddington will join Chief Financial Officer Gloria Purdy and recently retired President and CEO Terry Flanagan as presenters at the Salomon Smith Barney SAN/NAS (Storage Area Network/Network Attached Storage) Conference on Tuesday, Dec. 5, at the Sheraton New York Hotel in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . JNI will provide an overview of the company, including industry trends, growth strategies and review of its third-quarter results. The Company also announced it will provide updated guidance on its projected results for fourth quarter and year-end results via news release before the market opens on Monday, Dec. 11. About JNI Corporation JNI Corporation is the fastest-growing Fibre Channel host bus adapter See host adapter. company and the No. 2 manufacturer of Fibre Channel HBAs (non-captive) in revenue according to IDC (3/00). JNI offers a broad line of HBAs, ASICs and software for storage area networks (SANs). JNI's PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). products operate on Solaris, Windows 2000, Windows NT, HP-UX HP's version of Unix that runs on its 9000 family. It is based on SVID and incorporates features from BSD Unix along with several HP innovations. (operating system) HP-UX - The version of Unix running on Hewlett-Packard workstations. , AIX, Novell, Linux and Mac OS systems. JNI's SBus products run on Solaris. Customers include Amdahl, Avid, Chaparral, Compaq StorageWorks, Consan, 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. , Eurologic, Hewlett-Packard, Hitachi Data Systems See HDS. , IBM, LSI Logic, McData, StorageTek and Sun Microsystems. Company headquarters are in San Diego, with offices throughout the U.S. and Munich (Munchen), Germany. www.jni.com. JNI -- First in Fibre Channel(TM) Forward Looking Statements With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks include our reliance on the principal members of our management team and our need to continue to attract and retain key managerial, technical, and selling and marketing personnel; our limited history of profitability that may be difficult to maintain; delays in product development; our dependence on a small number of OEM and distribution channel customers; our dependence on sole source and limited source suppliers for key components; increasing competition in the Fibre Channel market; our exclusive focus on Fibre Channel products; rapid technological change in our industry; changes in the storage area networks market; the long sales cycle for our products; declining average selling prices of our products; excess and obsolete inventory; our reliance on manufacturers in other countries; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. involving intellectual property and other issues; and other risk factors discussed in the company's reports on Forms 10-K, 10-Q and other reports filed with the Securities and Exchange Commission, including the Company's most recent Form S-1 filed on Oct. 19, 2000. |
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