Emulex Corporation Third Quarter Fiscal 2013 Financial Results Conference Call Alert

Emulex Corporation Third Quarter Fiscal 2013 Financial Results Conference Call


PR Newswire

COSTA MESA, Calif., April 8, 2013

COSTA MESA, Calif., April 8, 2013 /PRNewswire/ --


Emulex  Corporation's (NYSE: ELX) third quarter fiscal 2013 financial results
conference call is scheduled for Thursday, May 2, at 1:30 p.m. PDT (4:30 p.m.
EDT). Emulex Chief Executive Officer Jim McCluney, President and Chief
Operating Officer Jeff Benck, and Executive Vice President and Chief Financial
Officer Michael Rockenbach will host the call.

The conference call may be accessed live, via the Emulex website at
http://investor.emulex.com. A replay of the call will be available for 12
months by accessing the IR webcast archive section of the Emulex website.

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


Thursday, May 2, 2013, at 1:30 p.m. PDT


Emulex website: www.emulex.com

Investor contact:       Press contact:
Frank Yoshino    Katherine Lane
Vice President, Finance       Director, Corporate Communications
714-885-3697 714-885-3828 or katherine.lane@emulex.com

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, 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 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 network, 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;
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."

All trademarks, trade names, service marks, and logos referenced herein belong
to their respective companies.

SOURCE Emulex Corporation

Website: http://www.emulex.com
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