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Emulex Seizes Market Share over Nearest Competitor during Fourth Quarter of 2008
Market Share Shift Reflects Emulex's Momentum in Blade Server Solutions and Leadership in Emerging Markets
COSTA MESA, Calif., February 12, 2009 - Emulex Corporation (NYSE:ELX) today announced that it has captured over three percentage points of revenue and two percentage points of port market share over its nearest competitor in the total Fibre Channel Host Bus Adapter (HBA) market during the last quarter of 2008. According to Dell'Oro Group's Q4 2008 SAN report, Emulex gained market share in every category that the Dell'Oro Group tracks, including total Fibre Channel HBA revenue, standalone revenue, mezzanine card revenue, total ports, standalone ports and mezzanine card ports, exceeding the overall growth rate of its nearest competitor.
"Emulex is leading the way in delivering integrated virtualization, consolidation and convergence solutions to its customers," said Steve Daheb, chief marketing officer, Emulex. "The latest market share report from Dell'Oro Group shows that Emulex is not only growing its market share in the existing 4Gb/s Fibre Channel market, but also in the emerging 8Gb/s market. Emulex is looking to accelerate this momentum by providing customers with connectivity products that meet the growing needs for increased operational efficiency, business responsiveness and strategic competitive advantage."
Additionally, Emulex is ranked number one in total revenue and port market share in the emerging 8Gb/s Fibre Channel HBA category. The Company's growth has been fueled by an uptick in demand for 8Gb/s Fibre Channel HBAs and continued strong demand for its 4Gb/s Fibre Channel HBAs and mezzanine cards.
Emulex Corporation creates enterprise-class products that intelligently connect storage, servers and networks. The world's leading server and storage providers rely on Emulex's award-winning HBAs, intelligent storage platforms and embedded storage products, including switches, bridges, routers and I/O controllers, to build reliable, scalable and high-performance storage and server solutions. Emulex is listed on the New York Stock Exchange (NYSE:ELX) and has corporate headquarters in Costa Mesa, California. News releases and other information about Emulex Corporation are available at www.emulex.com.
Emulex Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act 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. Those factors include the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; fluctuation in the growth of Fibre Channel and IP markets; changes in economic conditions or changes in end user demand for technology solutions; fluctuations or delays in customer orders; the highly competitive nature of the markets for Emulex's products; Emulex's ability to gain market acceptance for its products; the company's ability to attract and retain skilled personnel; the company's reliance on third-party suppliers. 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. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.