COSTA MESA, Calif., Oct. 13, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the world's leading supplier of storage networking host bus adapters (HBAs), was recognized as number 15 on Deloitte & Touche's 2003 Orange County Technology Fast 50, up from number 43 in 2002, with a five-year growth rate of 328%. The Fast 50 is a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche.
The renowned Annual Deloitte & Touche Technology Fast 50 ceremony was held at the Sutton Place Hotel in Newport Beach, marking the ninth year of the program. Each year the Technology Fast 50 seeks and recognizes the county's high-growth technology companies with the drive to succeed. The program has reached over 500 of Orange County's fastest growing technology companies through its criteria, nomination and rigorous review process.
"The Deloitte & Touche Technology Fast 50 is viewed as an elite community of the region's leaders in growth, and Emulex is honored to be ranked among this group," said Paul Folino, chairman and chief executive officer for Emulex. "I'm proud of the entire Emulex team -- whose continued leadership, vision, and innovation have helped make this recognition possible."
About Emulex
Emulex Corporation is the world's largest supplier and developer of storage networking host bus adapters. It was recently named one of Forbes Magazine's 25 Fastest Growing Technology Companies in 2002, and ranked number 15 in Deloitte & Touche's 2003 Technology Fast 50 -- a ranking of Orange County's 50 fastest growing companies.
The Emulex product families are based on internally developed ASIC, firmware and software technologies spanning both Fibre Channel and IP networking protocols, and offer customers high performance, scalability, flexibility and reduced total cost of ownership. The company's products have been selected by the world's leading server and storage providers, including Dell, EMC, Fujitsu Siemens, Groupe Bull, HP, Hitachi Data Systems, IBM, NEC, Network Appliance, StorageTek and Unisys. In addition, Emulex includes industry leaders Brocade, Computer Associates, Intel, McDATA, Microsoft and VERITAS among its strategic partners. Additionally, Emulex and Intel, via a joint development agreement, are pioneering the industry's first storage processors for Serial ATA, Serial Attached SCSI and Fibre Channel interfaces within a single architecture.
Emulex markets to OEMs and end users through its own worldwide selling organization, as well as its two-tier distribution partners, including ACAL, Avnet, Bell Microproducts, Info-X, Netmarks, Tech Data, TidalWire and Tokyo Electron. Corporate headquarters are located in Costa Mesa, California. News releases and other information about Emulex Corporation are available at 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 rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; fluctuation in the growth of Fibre Channel and IP markets; changes in economic conditions or changes in end-user demand for technology solutions; fluctuations or delays in customer orders; the highly competitive nature of the markets for Emulex's products; Emulex's ability to gain market acceptance for its products; the company's ability to attract and retain skilled personnel; the company'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 the company's filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q.
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