This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Emulex Honored With Frost & Sullivan Product Line Strategy Award













COSTA MESA, Calif., April 29, 2013 /PRNewswire/ --  Emulex Corporation (NYSE: ELX), the leader in network connectivity, monitoring and management, today announced that Frost & Sullivan has awarded the company with the Product Line Strategy Award for leadership in the network recorder and traffic visibility market for the Endace range of network recording and visibility tools. The Emulex portfolio of Endace products consists of EndaceProbe™ Intelligent Network Recorders, EndaceAccess™ Network Visibility Headend Systems and NetFlow Generators that enable customers to accurately monitor and record their network traffic at speeds up to 100 Gb per second (Gbps), to assist  IT teams with network troubleshooting, security forensics and compliance.

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

"We are honored to be recognized by Frost & Sullivan for our Endace portfolio of network visibility and recording products, which provide IT administrators with the ability to understand network behavior and subscriber usage from a 360 degree perspective," said Shaun Walsh, senior vice president of marketing and corporate development, Emulex. "As speeds move to and past 10, 40 and 100Gb Ethernet (100GbE), providing network visibility from end-to-end becomes a critical requirement as networks converge, bandwidth grows and the extensive use of virtualization in the cloud, telco and data center environments continues to proliferate."

The Frost & Sullivan Product Line Strategy awards are determined based on the following criteria to benchmark the Emulex Endace product line's performance against key competitors: breadth of product line, size of addressable customer base, impact on customer value, impact on market share, breadth of applications/markets served:

  • Breadth of Product Line: The Emulex portfolio of Endace products were recognized for enabling customers to proactively and accurately monitor the network—with visibility into 10, 40 and 100GbE segments—for faults and security issues.
  • Size of Addressable Customer Base: The Emulex portfolio of Endace products was recognized for operating successfully in the global network recorder and traffic visibility solutions market, with a rich customer base worldwide, including three of the top five telcos in the U.S. and four of the top 10 Fortune 500 companies.
  • Impact on Customer Value: The Emulex Endace product portfolio's list of elite customers is testimony to its high-class network recorders and traffic visibility solutions with flexibility to meet customer requirements, regardless of industry, delivering high customer satisfaction.
  • Impact on Market Share: With a modular and customizable product portfolio, the Emulex Endace product line was found to be in a competitive position in the global marketplace.
  • Breadth of Applications/Markets Served: EndaceProbe appliances are being used across different application segments, including telcos, Internet and managed service providers (ISPs and MSPs), enterprises, banking and financial sectors, and government. The adoption of 10, 40 and 100GbE makes it challenging for service providers to gain 100 percent traffic visibility and manage the network effectively, but EndaceProbe Intelligent Network Recorders enable service providers to meet the service level agreements (SLAs) and serve the best possible user experience.

"With the increase in the adoption of new technologies such as cloud, telepresence and other Web 2.0 applications, the IT and business environment is constantly changing and the network continues to become more complex," said Olga Shapiro, program manager, Frost & Sullivan. "The performance of the network, underlying infrastructure, and Web applications plays a critical role in the day-to-day business operations, and the Emulex Endace product portfolio addresses this critical need in the data center, monitoring network traffic and offering real-time reporting on bandwidth utilizations and accurate information on end-user behavior."

Download the full report here .

Learn more about the Endace portfolio of network monitoring and visibility tools here .

Tweet This: #Emulex Honored with @FrostBPawards for Product Line Strategy: http://ow.ly/knui7

Follow Emulex and Endace on Twitter.

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 http://www.Emulex.com.

"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.

Press Contacts: Katherine Lane Director, Corporate Communications +1 714-885-3828 katherine.lane@emulex.com

Jolene Bonina Senior Manager, Public Relations and Social Media +1 714-885-3858 jolene.bonina@emulex.com

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs