Emulex Appoints Gene Frantz and Greg Clark to its Board of Directors

     Emulex Appoints Gene Frantz and Greg Clark to its Board of Directors

Frantz and Clark Enhance Board's Computer Data Networking Business Expertise

PR Newswire

COSTA MESA, Calif., April 1, 2013

COSTA MESA, Calif., April 1, 2013 /PRNewswire/ --Emulex Corporation
(NYSE:ELX) today announced that Gene Frantz and Greg Clark have been appointed
to the Emulex Board of Directors. Mr. Frantz and Mr. Clark add expertise
across the spectrum of technology and telecom sectors.

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

"I have known Gene Frantz for several years and admired his demonstrated
abilities and knowledge of the IT marketplace. I have also more recently come
to know Greg Clark and I have been very impressed with his executive
experience and insights concerning the network performance management market
which Emulex is just entering. I believe that the Board has made excellent
choices," said Jim McCluney, chief executive officer (CEO), Emulex, "and on
behalf of the Board, we welcome both to the team."

Mr. Frantz is a business executive with deep technology and telecom
experience. He was most recently a partner of TPG Capital ("TPG") having
worked there from 1999 to 2012. Prior to joining TPG, Mr. Frantz worked at
Oracle Corporation and Morgan Stanley. Mr. Frantz previously served on the
boards of directors of ALLTEL, Avaya, Freescale Semiconductor, Network
General, MEMC Electronic Materials, Paradyne Networks (acquired by Zhone
Technologies), SMART Modular Technologies, Inc., and Certance Holdings
(formerly a division of Seagate Technology acquired by Quantum Corp.). Mr.
Frantz received an M.B.A. from Stanford Graduate School of Business and a B.S.
in Business Administration from the University of California, Berkeley.

Mr. Clark has more than 23 years of leadership experience successfully growing
technology companies through innovation, focus and execution. He has a strong
operations and technology background that spans security, cloud services,
supply chain and network management. Mr. Clark has been CEO and member of the
Board of Directors of Blue Coat Systems, Inc. (BCSI) since August 2011. During
his tenure Mr. Clark led the company through take-private transaction and
associated restructuring. Under Mr. Clark's leadership BCSI has returned to
double digit revenue growth with industry leading margins. Prior to joining
Blue Coat, Mr. Clark was President and CEO of Mincom, a global software and
services provider to asset-intensive industries. At Mincom, he expanded the
company's market opportunity and revenue via the addition of cloud-based
solutions and a modernization of Mincom's legacy products. The company was
acquired by the ABB Group in July 2011. Before joining Mincom, Mr. Clark
served as President and Chief Executive Officer at E2open, a leader in supply
chain networks. Mr. Clark was one of E2open's founders and transformed E2Open
from an early startup into a market-leading solutions provider supporting more
than 15,000 customers worldwide. Earlier in his career, Mr. Clark founded
security software firm Dascom. In 1999, IBM acquired the company, and the
technology became the foundation for Tivoli's security product line. At IBM,
Mr. Clark was a Distinguished Engineer and Vice President of IBM's Tivoli
Systems, where he was instrumental in defining and selling IBM security and
management products. He previously held senior roles with global IT companies,
such as AT&T Unix Software Operation and Unix System Labs. Mr Clark serves as
an independent director at the Global Healthcare Exchange (GHX).

"I am honored to be asked to join the Emulex Board," said Gene Frantz. "I look
forward to working with the rest of the Board to help Emulex to realize its
potential for stockholders as a leader in the connectivity and network
communications markets."

"Joining the Emulex Board is an exciting opportunity for me," said Greg Clark.
"The management and Board of Emulex have set an ambitious path, and I am happy
to contribute my expertise for the benefit of the company and its
shareholders."

"We are very pleased to have worked collaboratively with Emulex to add Gene
Frantz and Greg Clark to its Board," said Jesse Cohn, a Portfolio Manager at
Elliott Management, which manages funds that together are the largest
shareholder of Emulex. Mr. Cohn continued, "Jim and his team at Emulex have a
solid strategy and have developed leading technology in their focused markets
and we believe that the addition of Gene and Greg to the Board will help
Emulex to realize meaningful value for stockholders."

Emulex collaborated with Elliott in the addition of Mr. Eugene J. Frantz and
Mr. Gregory S. Clark to the Emulex Corporation Board of Directors. The
agreement, which includes limitations on acquisitions of additional Emulex
shares by Elliott, is being filed with the SEC by Emulex.

To learn more about Emulex, please visit: http://www.emulex.com

Follow Emulex on Twitter: http://www.twitter.com/emulex

About Emulex
Emulex, the leader in network connectivity, monitoring and management,
provides hardware and software solutions for global networks that support
enterprise, cloud, government and telecommunications. Emulex's products enable
unrivaled end-to-end application visibility, optimization and acceleration.
The Company's I/O connectivity offerings, including its line of ultra
high-performance Ethernet and Fibre Channel-based connectivity products, have
been designed into server and storage solutions from leading OEMs, including
Cisco, Dell, EMC, Fujitsu, Hitachi, HP, Huawei, IBM, NetApp and Oracle, and
can be found in the data centers of nearly all of the Fortune 1000. Emulex's
monitoring and management solutions, including its portfolio of network
visibility and recording products, provide organizations with complete network
performance management at speeds up to 100Gb Ethernet. Emulex is headquartered
in Costa Mesa, Calif., and has offices and research facilities in North
America, Asia and Europe. For more information about Emulex (NYSE:ELX) please
visit 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, contain forward-looking statements that involve risk and uncertainties.
We expressly disclaim any obligation or undertaking to release publicly any
updates or changes to these forward-looking statements that may be made to
reflect any future events or circumstances. We wish to caution readers that a
number of important factors could cause actual results to differ materially
from those in the forward-looking statements. These factors include the
possibility that we may not realize the anticipated benefits from the
acquisition of Endace Limited on a timely basis or at all, and may be unable
to integrate the technology, operations and personnel of Endace into our
existing operations in a timely and efficient manner. In addition,
intellectual property claims, with or without merit, that could result in
costly litigation, cause product shipment delays, require us to indemnify
customers, or require us to enter into royalty or licensing agreements, which
may or may not be available. Furthermore, we have in the past obtained, and
may be required in the future to obtain, licenses of technology owned by other
parties. We cannot be certain that the necessary licenses will be available or
that they can be obtained on commercially reasonable terms. If we were to fail
to obtain such royalty or licensing agreements in a timely manner and on
reasonable terms, our 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 our business, financial
condition, or results of operations. Such potential risks include continuing
expenses of litigation, risk of loss of patent rights, risk of 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 continuing Broadcom
litigation, such potential risks also include the adequacy of any sunset
period 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 which does not put us at a
competitive disadvantage. In addition, the fact that the economy generally,
and the technology and storage market 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. Continued weakness in domestic and worldwide
macro-economic conditions, related disruptions in world credit and equity
markets, and the resulting economic uncertainty for our customers, as well as
the storage and converged networking market as a whole, has and could continue
to adversely affect our revenues and results of operations. As a result of
these uncertainties, we are unable to predict our future results with any
accuracy. Other factors affecting these forward-looking statements include but
are not limited to the following: faster than anticipated declines in the
storage networking market, slower than expected growth of the converged
networking market or the failure of our Original Equipment Manufacturer (OEM)
customers to successfully incorporate our products into their systems; our
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 our products or our OEM customers' new or enhanced
products; costs associated with entry into new areas of the server and storage
technology markets; the variability in the level of our backlog and the
variable and seasonal procurement patterns of our customers; any inadequacy of
our intellectual property protection and the costs of actual or potential
third-party claims of infringement and any related indemnity obligations or
adverse judgments; the effect of any actual or potential unsolicited offers to
acquire us; proxy contests or the activities of activist investors; 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, and any resulting disruption in our
supply chain or customer purchasing patterns or any other resulting economic
or political instability; the highly competitive nature of the markets for our
products as well as pricing pressures that may result from such competitive
conditions; the effects of changes in our 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 our products;
delays in product development; our reliance on third-party suppliers and
subcontractors for components and assembly; our ability to attract and retain
key technical personnel; our ability to benefit from our research and
development activities; our dependence on international sales and
internationally produced products; changes in accounting standards; and any
resulting regulatory changes on our business. These and other factors could
cause actual results to differ materially from those in the forward-looking
statements and are discussed in our filings with the Securities and Exchange
Commission, including our recent filings on Forms 10-K and 10-Q, under the
caption "Risk Factors."

Investor Contact:        Press Contact:
Frank Yoshino            Katherine Lane
Vice President, Finance  Director, Corporate Communications
+1 714 885-3697          +1 714 885-3828
frank.yoshino@emulex.com katherine.lane@emulex.com

SOURCE Emulex Corporation

Website: http://www.emulex.com
 
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