"Announced
that it now leads the market in 10Gb Ethernet (10GbE) port market share,
with almost 35 percent share, and that it continues to lead the market in
10GbE LAN on Motherboard (LOM) revenue market share."
Emulex (ELX)
is the leader in converged networking solutions, providing enterprise-class
connectivity for servers, networks and storage devices within the data
center. The Company's product portfolio of Fibre Channel host bus adapters,
network interface cards, 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.
ELX
Investor Highlights
Announced preliminary 2nd
quarter guidance if net revenues in therange of $127-$128 million
exceeding the high end of guidance of $121-$127 million.
GAAP diluted earnings per
share of $0.15-$0.16 compared to a GAAP loss per share of $0.08 in the
first quarter of 2012.
Calendar year 2011
revenues of $481-$482 million, an increase of approximately 14 percent
year-over-year growth.
Announced a new end user
program - The Emulex Extra Program - a major initiative designed to
support customers and partners in training and accrediting users working
with Emulex solutions. Emulex Extra provides enhanced training (leading
to Emulex Expert Certification) alongside additional support features
and end user tools.
Announced that it now
leads the market in 10Gb Ethernet (10GbE) port market share, with almost
35 percent share, and that it continues to lead the market in 10GbE LAN
on Motherboard (LOM) revenue market share.
Jim McCluney joined Emulex in November 2003
as president and chief operating officer and was subsequently appointed to
the position of president and chief executive officer in September 2006.
During his tenure at Emulex, Mr. McCluney was instrumental in formulating
Emulex's strategy for growth and executing on three strategic acquisitions,
ServerEngines, Aarohi Communications and Sierra Logic, which have positioned
Emulex for entry into new high-growth market segments.
In 2008, Mr. McCluney was named “CEO of the
Year” by the Technology Council of Southern California and “Outstanding
Public Company CEO” from the trade group AeA of Orange County. In 2009,
Mr. McCluney received an award for his Vision in Advancing Innovation and
Research in the Technology Industry and his instrumental Engagement and
Support of Scholarly Excellence by the School of Engineering at University
of California, Irvine. In addition, Mr. McCluney recently won the National
Human Relations Award from the Orange County chapter of the AJA.
Prior to Emulex's acquisition of Vixel
Corporation in November 2003, Mr. McCluney served as Vixel's chairman,
president and chief executive officer. From October 1997 to January 1999, he
served as president and chief operating officer of Crag Technologies,
formerly Ridge Technologies, a storage system manufacturer. From October
1994 to September 1997, Mr. McCluney served in various executive positions
at Apple Computer, including senior vice president of worldwide operations
and vice president of European operations. Prior to Apple Computer, Mr.
McCluney held several executive positions in the U.S. and Europe with
Digital Equipment Corporation for 13 years.
Mr. McCluney is heavily involved with Project
Tomorrow, a business and education non-profit collaborative dedicated to
enhancing K-12 science education in Orange County schools, is on the board
of the Mind Research Institute, a non-profit focused on improving K-12 math
education in America, is on the Dean’s Advisory Board of University of
California, Irvine’s School of Engineering, is the chairman of the
University of California, Irvine’s CEO Roundtable, is on the board of
OCTANe, a networking organization for Orange County's information technology
and biomedical industries, and on the board of PBS Socal. Mr. McCluney holds
a Bachelor of Arts degree with honors in business and administration from
Strathclyde University in Glasgow, Scotland.
Jeff
Benck - President and Chief Operating Officer
Jeff Benck joined Emulex in May 2008 as
executive vice president and chief operating officer (COO) and was
subsequently appointed to the position of president and COO in August 2010.
Benck oversees the company's engineering, marketing, business development,
operations and sales organizations. Benck also plays a key role in
contributing to the corporate strategy and is focused on diversifying the
Emulex product portfolio and delivering growth through the deployment of
converged networking.
Previously, Benck served as president and
chief operating officer at QLogic. Prior to joining QLogic, he spent 18
years at IBM, most recently serving as vice president of xSeries,
BladeCenter and Retail Store Solutions development. While at IBM, Benck's
focus included growth initiatives, product development, marketing and
strategy, portfolio management and customer relationships. Benck is widely
known for his role in establishing IBM's blade server product line. His
BladeCenter team received IBM's highest honor with the IBM Chairman's Award
for Client Excellence. Benck is on the board of the Discovery Science
Center. Benck holds a Master of Science degree in management of technology
from University of Miami and a Bachelor of Science degree in mechanical
engineering from Rochester Institute of Technology. Benck is also a
distinguished inventor in the computer systems field and holds 6 US patents.
Jeff Benck resides in Southern California
with his wife Nina and two daughters, Gabrielle and Gracyn. He continues to
enjoy sports after playing NCAA Div III Varsity Basketball for Rochester
Institute of Technology, including basketball and golf.
Mike
Rockenbach - Chief Financial Officer and Executive Vice President
Mike Rockenbach joined Emulex
in 1991 and has served as executive vice president and chief financial
officer since 1997. From 1991 to 1996, Mr. Rockenbach served in senior
finance and accounting positions within the Company. During his tenure Mr.
Rockenbach's contributions include driving several key financing
transactions as well as analysis and integration of strategic acquisitions.
Mike Rockenbach was also instrumental in the Company's move from the NASDAQ
to the NYSE in 2003.
Prior to joining Emulex, Mr.
Rockenbach's experience includes various manufacturing finance and financial
planning positions at Western Digital Corporation. Mr. Rockenbach holds
bachelors' degrees in both accounting and finance as well as a master's
degree in International Business from California State University,
Fullerton.
3333 Susan Street
Costa Mesa, CA 92626
Phone: 714-662-5600
Fax: 714-241-0792
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