Emulex to Present at Needham Growth Conference

                Emulex to Present at Needham Growth Conference

PR Newswire

COSTA MESA, Calif., Jan. 9, 2013

COSTA MESA, Calif., Jan. 9, 2013 /PRNewswire/ --

         Emulex Corporation (NYSE:ELX) will present to investors attending the
         Needham Growth Conference on Tuesday, January 15, 2013 at 11:50 a.m.
         Pacific time. Emulex Chief Executive Officer, Jim McCluney and Emulex
WHAT:   Chief Financial Officer, Mike Rockenbach will host the presentation.
         The presentation can be heard and viewed live on the Internet via a
         webcast at www.emulex.com. The archived version of Emulex's
         presentation will be available for seven days following the
         conference in the audio archive section of the Company's website.
WHEN:    Tuesday, January 15, 2013 at 11:50 a.m. PST
WHERE:  Live webcast can be accessed here or at www.emulex.com
CONTACT: Frank Yoshino
         Vice President, Finance
         (714) 885-3697

(Logo: http://photos.prnewswire.com/prnh/20120403/NE81278LOGO )

About Emulex
Emulex, the leader in converged networking solutions, provides
enterprise-class connectivity for servers, networks and storage devices within
the data center. The company's product portfolio of Fibre Channel Host Bus
Adapters, 10Gb Ethernet Network Interface Cards, Ethernet-based Converged
Network Adapters, controllers, embedded bridges and switches, and connectivity
management software are proven, tested and trusted by the world's largest and
most demanding IT environments. Emulex solutions are used and offered by the
industry's leading server and storage OEMs including, Cisco, Dell, EMC,
Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and
Oracle. Emulex is headquartered in Costa Mesa, Calif. and has offices and
research facilities in North America, Asia and Europe. More information about
Emulex (NYSE:ELX) is 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.
Emulex 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 among others, intellectual property claims,
with or without merit, that could result in costly litigation, cause product
shipment delays, require Emulex to indemnify customers, or require Emulex to
enter into royalty or licensing agreements, which may or may not be available.
Furthermore, Emulex has in the past obtained, and may be required in the
future to obtain, licenses of technology owned by other parties. Emulex cannot
be certain that the necessary licenses will be available or that they can be
obtained on commercially reasonable terms. If Emulex were to fail to obtain
such royalty or licensing agreements in a timely manner and on reasonable
terms, Emulex's business, results of operations and financial condition could
be materially adversely affected. Ongoing lawsuits, such as the action brought
by Broadcom Corporation ("Broadcom"), present inherent risks, any of which
could have a material adverse effect on Emulex's business, financial
condition, or results of operations. Such potential risks include continuing
expenses of litigation, risk of loss of patent rights and/or monetary damages,
risk of injunction against the sale of products incorporating the technology
in question, counterclaims, attorneys' fees, incremental costs associated with
product or component redesigns, and diversion of management's attention from
other business matters. With respect to the Broadcom litigation, such
potential risks also include the availability of an adequate sunset period of
time to make design changes, the ability to implement any design changes, the
availability of customer resources to complete any re-qualification or
re-testing that may be needed, the ability to maintain favorable working
relationships with Emulex suppliers of serializer/deserializer (SerDes)
modules and the ability to obtain a settlement that does not put Emulex at a
competitive disadvantage. In addition, the fact that the economy generally,
and the technology and storage segments specifically, have been in a state of
uncertainty makes it difficult to determine if past experience is a good guide
to the future and makes it impossible to determine if markets will grow or
shrink in the short term. The current economic downturn and the resulting
disruptions in world credit and equity markets that are creating economic
uncertainty for Emulex's customers and the storage networking market as a
whole has, and could, continue to adversely affect Emulex's revenues and
results of operations. Furthermore, the effect of any actual or potential
unsolicited offers to acquire Emulex may have an adverse effect on Emulex's
operations. As a result of these uncertainties, Emulex is unable to predict
its future results with any accuracy. Other factors affecting these
forward-looking statements include, but are not limited to, the following:
faster than anticipated decline in the storage networking market; 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; Emulex's dependence on a limited number of
customers and the effects of the loss of, decrease in or delays of orders by
any such customers, or the failure of such customers to make timely payments;
the emergence of new or stronger competitors as a result of consolidation
movements in the market; the timing and market acceptance of Emulex products
or Emulex OEM customers' new or enhanced products; costs associated with entry
into new areas of the storage technology market; the variability in the level
of Emulex's backlog and the variable and seasonal procurement patterns of
Emulex's customers; any inadequacy of Emulex's intellectual property
protection and the costs of actual or potential third-party claims of
infringement and any related indemnity obligations or adverse judgments;
impairment charges, including but not limited to goodwill and intangible
assets; changes in tax rates or legislation; the effects of acquisitions; the
effects of terrorist activities; natural disasters, such as the earthquake and
resulting tsunami off the coast of Japan in March 2011 and the significant
flooding in various parts of Thailand in October 2011, and any resulting
disruption in Emulex's supply chain or customer purchasing patterns or any
other resulting economic or political instability; the highly competitive
nature of the markets for Emulex products as well as pricing pressures that
may result from such competitive conditions; the effects of changes in
Emulex's business model to separately charge for software; the effect of rapid
migration of customers towards newer, lower cost product platforms; possible
transitions from board or box level to application specific integrated circuit
(ASIC) solutions for selected applications; a shift in unit product mix from
higher-end to lower-end or mezzanine card products; a faster than anticipated
decrease in the average unit selling prices or an increase in the manufactured
cost of Emulex products; delays in product development; Emulex's reliance on
third-party suppliers and subcontractors for components and assembly; Emulex's
ability to attract and retain key technical personnel; Emulex's ability to
benefit from research and development activities; Emulex's dependence on
international sales and internationally produced products; changes in
accounting standards; and the potential effects of global warming and any
resulting regulatory changes on Emulex's business. These and other factors
that 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, except as required by law, 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

SOURCE Emulex Corporation

Website: http://www.emulex.com
Press spacebar to pause and continue. Press esc to stop.