COSTA MESA, Calif., July 24, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the world's leading supplier of storage networking host bus adapters (HBAs), announced today that it has selected Benchmark Electronics, Inc. (NYSE:BHE) to provide electronics manufacturing services (EMS) for production of Emulex's industry-leading HBAs. The addition of Benchmark Electronics to the list of Emulex manufacturing providers underscores the company's leadership position and commitment to delivering world-class products.
"Emulex works aggressively to maintain its position as the world's leading provider of HBAs, and teaming with Benchmark Electronics ensures continued production of high quality solutions to meet the robust connectivity needs of our customers," said Michael Rockenbach, Emulex Chief Financial Officer. "We are confident Benchmark Electronics will manufacture and deliver both new and existing Emulex designs in a timely manner, while maintaining the quality, features and functionality Emulex customers expect."
Emulex selected Benchmark Electronics by evaluating a number of factors including its quality system excellence, ensuring best-in-class product quality, and global supply-chain management capabilities for continuous supply of world-class components to support Benchmark's global manufacturing footprint. Benchmark also offers manufacturing flexibility, which is capable of responding to fluctuations in demand throughout the production process. Emulex will also continue its strategic manufacturing relationship with Manufacturers' Services Limited (NYSE:MSV).
"Benchmark Electronics is committed to helping Emulex continue its cost-competitive advantages, while maintaining superior product quality and dependability," said Cary Fu, Benchmark Electronics President. "Providing global manufacturing capabilities and our efficient cost structure enables Emulex to continue delivering exceptional connectivity solutions to all of their customers."
Emulex is ranked the number one supplier of storage networking HBAs, with 47 percent market share, according to IDC. The Company has also shipped more than one million host bus adapters to the world's leading server and storage OEMs, including Dell, EMC, Fujitsu Siemens, HP, IBM, NEC and Unisys. Additionally, Emulex HBAs are utilized in Fortune 1000 data centers worldwide, where quality and reliability are paramount.
About Benchmark Electronics, Inc.
Benchmark Electronics, Inc. is in the business of manufacturing electronics, and provides its services to original equipment manufacturers of computers and related products for business enterprises, medical devices, video/audio/entertainment products, industrial control equipment, testing and instrumentation products and telecommunication equipment. The services that the Company provides are referred to as electronics manufacturing services. The Company offers its customers comprehensive and integrated design and manufacturing services, from initial product design to volume production and direct order fulfillment. The Company provides specialized engineering services, including product design, printed circuit board layout, prototyping and test development.
About Emulex
Emulex Corporation, which was named one of Forbes Magazine's 25 Fastest Growing Technology Companies in 2002, is the world's largest supplier and developer of storage networking host bus adapters. The American Electronics Association also recently named Emulex "Outstanding Public Company" for 2002.
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. Via a joint development agreement, Emulex and Intel 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.