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Emulex Market Share Leader in FCoE CNAs According to Dell'Oro Group
Dell'Oro Group Reports Emulex Grew its FCoE CNA Revenue 160% Quarter over Quarter
COSTA MESA, Calif., November 11, 2009 – Emulex Corporation (NYSE:ELX) today announced that it is the market share leader in Fibre Channel over Ethernet (FCoE) Converged Network Adapters (CNAs) according to the Dell'Oro Group. Emulex's FCoE CNA revenue grew 160 percent quarter over quarter, indicating that the converged networking market is beginning to take hold. Emulex continued to gain market share in the 8Gb/s Fibre Channel HBA standalone adapter market, adding four percentage points this quarter.
"Emulex's growth in the largest and most profitable segment of the 8Gb/s Fibre Channel adapter market is a testament to the fact that its strong performance advantage and focus on virtualization are continuing to create positive traction for the Company in this mature market," said Steve Daheb, chief marketing officer and senior vice president of business development, Emulex. "More importantly, Emulex's market leadership and tremendous revenue growth in the rapidly expanding FCoE CNA market demonstrates the industry traction its industry-leading network convergence solutions have received. We expect Emulex's rapid growth in this segment to accelerate with our recently launched second-generation OneConnect Universal Converged Network Adapters (UCNAs), beginning to ramp through design wins, such as the Virtual Fabric Adapter for IBM BladeCenter based on the Company's unique OneConnect UCNA architecture and pay-as-you-go business model."
To learn more about Emulex, please visit: www.emulex.com
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About Emulex
Emulex is the leader in converged networking solutions for the data center. Our Connectivity Continuum architecture provides intelligent networking services that transition today's infrastructure into tomorrow's unified network ecosystem. Emulex provides a single framework that intelligently connects every server, network and storage device within the data center. Through strategic collaboration and integrated partner solutions, Emulex provides its customers with industry leading business value, operational flexibility and strategic advantage. 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. These forward-looking statements include, among other things, statements regarding future events and future performance. Emulex wishes to caution readers that a number of significant factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include changes in economic and industry conditions and the effects of ongoing global economic uncertainty, changes in end user demand for technology solutions; the effect of any actual or potential unsolicited offers to acquire Emulex; Emulex's dependence on a limited number of customers and the effects of the loss of, or decrease or delays in orders by, any such customers, or the failure of such customers to make payments; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; the effect of rapid migration of customers towards newer, lower cost product platforms; slower than expected growth of the storage networking market or the failure of Emulex's Original Equipment Manufacturer ("OEM") customers to successfully incorporate Emulex products into their systems; delays in product development; the highly competitive nature of the markets for Emulex's products; Emulex's ability to gain market acceptance for its products; any inadequacy of Emulex's intellectual property protection or the potential for and impact of third-party claims of infringement, including any inability to successfully defend itself against any intellectual property claims, obligations relating to customer indemnification, any failure of suppliers to satisfy indemnification obligations and other potential business disruption; Emulex's ability to attract and retain skilled personnel; and the Emulex'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 Emulex's filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q. Statements in this release are based on current expectations and Emulex undertakes no obligation to revise or update any forward-looking statements for any reason. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
