Emulex Signs Agreement to Supply EMC With Fibre Channel Chip Technology for Symmetrix Enterprise Storage Systems; Emulex's Dragonfly Chip Provides Reliability and High Performance

Business Wire, Jan 18, 2001

Business Editors & High Tech Writers

COSTA MESA, Calif.--(BUSINESS WIRE)--Jan. 18, 2001

Emulex Corp. (Nasdaq:EMLX), the world's leading supplier of Fibre Channel host adapters, Thursday announced it will supply EMC Corp. (NYSE:EMC) with its Dragonfly chip, which is designed to provide the target connection in Fibre Channel-enabled storage systems.

EMC storage systems provide industry-leading performance, availability, and scalable capacity with unique information protection, sharing and management capabilities for all major mainframe and open server environments.

"Emulex is a valued supplier of networked storage components to EMC," said Jim Rothnie, Senior Vice President and Chief Technology Officer of EMC. "The scalable architecture, rich feature set and high performance of the Dragonfly chip will enable us to continue developing world-class storage systems to meet our customers' exploding information infrastructure needs."

"By selecting our Dragonfly chip, EMC is better positioned than ever to continue developing industry-leading storage solutions," stated Kirk Roller, Chief Operating Officer at Emulex Corp. "The agreement marks an important milestone in our relationship with EMC."

Emulex LightPulse(R) Product Family

Emulex's Dragonfly chip provides a unique combination of features, and is the foundation for the company's LightPulse family of Fibre Channel host bus adapters. The Dragonfly chip is designed for mission-critical enterprise applications, with features including full fabric support, high data integrity, full-duplex operation, data buffering for up to 100km of cabling and support for all Fibre Channel topologies.

The company's host bus adapters are also supported by a rich suite of software for storage protocol (SCSI), network protocol (IP), as well as multi-protocol (SCSI & IP) operation, enabling advanced SAN and network applications. Emulex provides a wide range of operating system support, including Windows NT and 2000, Solaris, AIX, UnixWare and NetWare.

The Emulex Fibre Channel family includes the 2 Gb/s LP9002(TM) host bus adapter, SBus-based LP8000S(TM) host adapter, LP8000(TM) and LP850(TM) host bus adapters, the high-performance PCI-based LP7000E(TM) and the industry's first digital re-timing hub, the LH5000(TM) series. For more information about Emulex's Fibre Channel products, visit www.emulex.com.

About Emulex

Emulex Corp. is a leading designer, developer and supplier of a broad line of Fibre Channel host bus adapters, hubs, ASICs and software products that provide connectivity solutions for Fibre Channel storage area networks (SAN), network attached storage (NAS) and RAID.

The company's products are based on internally developed ASIC technology, and are deployable across a variety of SAN configurations, system buses and operating systems, enhancing data flow between computers and peripherals. Emulex's products offer customers the unique combination of critical reliability, scalability, and high performance, and can be customized for mission-critical server and storage system applications.

Emulex products have been selected by the world's leading server and storage providers, including Compaq, EMC, Fujitsu-Siemens, Groupe Bull, Hewlett-Packard, Hitachi Data Systems, IBM, NEC and Unisys. In addition, Emulex includes industry leaders Brocade, Intel, McDATA, Microsoft, Legato and Veritas among its strategic partners.

Emulex markets to OEMs and end users through its own worldwide selling organization, as well as two-tier distribution partners. Corporate headquarters are located in Costa Mesa. News releases and other information about Emulex Corp. are available via the Internet at http://www.emulex.com.

EMULEX -- We network storage

"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 following: Emulex's and Giganet's markets are characterized by rapidly changing technology, evolving industry standards and frequent introductions of new products and enhancements, and the combined companies are continually challenged to respond to such changes on a timely basis; the fibre channel and IP market are at early stages of development; changes in economic conditions or changes in end-user demand for technology solutions; Giganet's VI/IP products remain in the development stage and are subject to significant technical, competitive and market acceptance risks; the acquisition of Giganet is subject to a number of customary closing conditions which could prevent or delay the closing of the pending acquisition; the highly competitive nature of the markets for Emulex's and Giganet's products; the combined companies' ability to attract and retain skilled personnel; the companies' reliance on third-party suppliers for components used in the companies' products and on manufacturing subcontractors that assemble and distribute the company's products; the companies' reliance on certain OEMs, distributors and key customers; potential losses on strategic business investments; and potential fluctuations in Emulex's future effective tax rate. 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.