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Emulex Corporation
Company Overview




                     1
Emulex Overview


   Company
    –  Founded in 1978
    –  Based in Costa Mesa, California

   Markets
    –  Network Convergence
    –  Fibre Channel
    –  Embedded I/O                             Dublin            Wokingham
                                                                                          Beijing


   Employees                                    Paris
                                United States                                                       Tokyo
    –  Approx. 775                                       Munich




   Strong Financials                                                         Bangalore


    –  Fiscal 2008 Revenue $488M
    –  Fiscal Q3:09 Revenue $79M
    –  Fiscal Q3:09 Net Cash $303M

   NYSE Symbol
    –  ELX
                                                                                                            2
The First 30 Years




                                                                             2000
                                                                             Acquires GigaNet


                                                                             2003
                                               1990                          Acquires Vixel
                                               Introduce DEC Print Servers
                         1981
                         NASDAQ IPO ELX        1994                          2006
1978                                           Spin Off QLogic               Acquires Aarohi
                         1983
Company Founded          Follow on IPO         1999
1979                                           Second Follow on IPO
                         1987                                                2006
California Corporation   License SCSI to NCR                                 Acquires Sierra Logic



                                                                                                     3
Solid Financial Profile
(Millions)
        $600

       $500

       $400

       $300

       $200

       $100

         $0
          FY04               FY05              FY06         FY07       FY08
               
   10 consecutive years of revenue growth
               
   $150 million of stock repurchased
               
   $285 million in cash
               
   Debt free and Profitable*
                                                                   *nonGAAP
                                                                              4
Emulex Markets





   Data Center Networking            
   Storage Device Connectivity
   –  Converged Networks                 –  FC, SAS & SATA Technology
   –  Virtualization Infrastructure      –  Multiprotocol Controllers
   –  Network and Fabric Security        –  Bridges & Routers
   –  Connectivity Management            –  Switch-on-chip
   –  High Performance Computing



                                                                        5
Emulex’s Blue-Chip Go-to-Market Partners
100% of Tier 1 Storage and Server OEMs




   I/O
Customers




Embedded
Customers




 Channel
 Partners
                                           SSTL



                                                  6
Fortune 100 Customers




                        7
Emulex Convergence Evolution                                                     
   Convergence
                                                                                       – Universal CNA
                                                    
   Virtualization                 – FCoE
                                                        – Server Virtualization        – I/O Virtualization
                           
   Web & IP Storage         – Blade Servers
                               – iSCSI                  – Linux

   SAN                        – iWARP                                             
   CNAs & 8Gb FC
    – Fibre Channel            – On-Line Storage                                       – 10gGb iSCSI, FCoE, TOE
    – RAID                                          
   Blades                         – 8Gb and 16Gb FC
    – Fabrics                                           – Blade Mezzanine Cards        –  I/O Services: Encryption
                           
   4Gb FC                   – Combo I/O (IP, FC, IB)
                               – Main Stream SANs       – Disk Based Protection

   2Gb FC                     – FC, iSCSI, NAS
    – SAN Management           – Virtual Storage
    – Interoperability
    – Shared SAN Devices




                                                                                                              8
Broad Connectivity Portfolio




8Gb/s HBAs

8Gb/s Blade

4Gb/s HBAs

4Gb/s Blade

10Gb/s CNAs

10Gb/s Blade

Embedded
Solutions
                                  9
Emulex Across the Enterprise
                                            Enterprise
                                              SMP

                                   HPC
Work Groups                      Clusters                               FC          Enterprise
                Blade Servers                                          SAN            RAID



                                                             HPC
                      Web 2.0                              Clusters
                     Container
                                               Core IP                              Dedupe
Branch Office                                   LAN



                                  WAN
                                 IP/FCIP                                      VTL
   Internet
                                                                       Tape



                                                               iSCSI



                                                         NAS

   DR Sites

                                                                                         10
History of Technology Innovation
Emulex Holds 81 Patents

 Patents                                                                          Firsts

 Sample Patents                                                          Management
                                              
   SMI-S & CIM Providers for FC HBA
  
   Data Integrity Offload
                                              
   Remote HBA Provisioning
  
   Reducing Data in Storage                
   AutoPilot™ – Rapid Deployment
  
   Secure Data Parsing
                                                                         Virtualization
  
   Cryptographic Systems: Dynamic
     Authentication                           
   Co-Dev N_Port ID Virtualization
                                              
   NPIV for Windows, VMware, Solaris
  
   Interoperable Cryptographic Servers
  
   Distributing and Securing Data
                                                                   Security & Integrity

  
   Reducing Traffic                        
   BlockGuard® for DII
                                              
   FC-SP Compliance, DH-CHAP
  
   Data Integrity
                                              
   8Gb Encryption
  
   Offload for Network, Block & File I/O
                                                                           Connectivity
  
   Allocating Files in File Systems
  
   Frame Batching and Compression          
   Universal CNA
                                              
   SATA, FC, SAS Bridging
                                              
   PCI-X 2.0 FC HBA

                                                                                           11
Industry Leadership & Collaboration
Management

                     CDM, SMASH, SVPCI
                                                T11.5               Host , MSIWG


Security

             Security                                    T10, T11
                                                                    KMSS, VP


Servers




Storage

              SSSI                       T10, T11, T13



Networks




                                                                                   12
Emulex Ecosystem of Partners
Working With the Right Partners to Deliver a Total Solution



                Software Partners              Networking Partners




           Server Partners and OEMs        Storage Partners and OEMs
                                                                       13
Summary



   Global company

   Solid financial profile

   Trusted supplier with over 60 million enterprise
  -proven connections

   Tradition of storage and networking innovation

   Leading new standards initiatives for next generation
   data center




                                                            14
Emulex Corporate Presentation: Company Overview

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Emulex Corporate Presentation: Company Overview

  • 2. Emulex Overview   Company –  Founded in 1978 –  Based in Costa Mesa, California   Markets –  Network Convergence –  Fibre Channel –  Embedded I/O Dublin Wokingham Beijing   Employees Paris United States Tokyo –  Approx. 775 Munich   Strong Financials Bangalore –  Fiscal 2008 Revenue $488M –  Fiscal Q3:09 Revenue $79M –  Fiscal Q3:09 Net Cash $303M   NYSE Symbol –  ELX 2
  • 3. The First 30 Years 2000 Acquires GigaNet 2003 1990 Acquires Vixel Introduce DEC Print Servers 1981 NASDAQ IPO ELX 1994 2006 1978 Spin Off QLogic Acquires Aarohi 1983 Company Founded Follow on IPO 1999 1979 Second Follow on IPO 1987 2006 California Corporation License SCSI to NCR Acquires Sierra Logic 3
  • 4. Solid Financial Profile (Millions) $600 $500 $400 $300 $200 $100 $0 FY04 FY05 FY06 FY07 FY08   10 consecutive years of revenue growth   $150 million of stock repurchased   $285 million in cash   Debt free and Profitable* *nonGAAP 4
  • 5. Emulex Markets   Data Center Networking   Storage Device Connectivity –  Converged Networks –  FC, SAS & SATA Technology –  Virtualization Infrastructure –  Multiprotocol Controllers –  Network and Fabric Security –  Bridges & Routers –  Connectivity Management –  Switch-on-chip –  High Performance Computing 5
  • 6. Emulex’s Blue-Chip Go-to-Market Partners 100% of Tier 1 Storage and Server OEMs I/O Customers Embedded Customers Channel Partners SSTL 6
  • 8. Emulex Convergence Evolution   Convergence – Universal CNA   Virtualization – FCoE – Server Virtualization – I/O Virtualization   Web & IP Storage – Blade Servers – iSCSI – Linux   SAN – iWARP   CNAs & 8Gb FC – Fibre Channel – On-Line Storage – 10gGb iSCSI, FCoE, TOE – RAID   Blades – 8Gb and 16Gb FC – Fabrics – Blade Mezzanine Cards –  I/O Services: Encryption   4Gb FC – Combo I/O (IP, FC, IB) – Main Stream SANs – Disk Based Protection   2Gb FC – FC, iSCSI, NAS – SAN Management – Virtual Storage – Interoperability – Shared SAN Devices 8
  • 9. Broad Connectivity Portfolio 8Gb/s HBAs 8Gb/s Blade 4Gb/s HBAs 4Gb/s Blade 10Gb/s CNAs 10Gb/s Blade Embedded Solutions 9
  • 10. Emulex Across the Enterprise Enterprise SMP HPC Work Groups Clusters FC Enterprise Blade Servers SAN RAID HPC Web 2.0 Clusters Container Core IP Dedupe Branch Office LAN WAN IP/FCIP VTL Internet Tape iSCSI NAS DR Sites 10
  • 11. History of Technology Innovation Emulex Holds 81 Patents Patents Firsts Sample Patents Management   SMI-S & CIM Providers for FC HBA   Data Integrity Offload   Remote HBA Provisioning   Reducing Data in Storage   AutoPilot™ – Rapid Deployment   Secure Data Parsing Virtualization   Cryptographic Systems: Dynamic Authentication   Co-Dev N_Port ID Virtualization   NPIV for Windows, VMware, Solaris   Interoperable Cryptographic Servers   Distributing and Securing Data Security & Integrity   Reducing Traffic   BlockGuard® for DII   FC-SP Compliance, DH-CHAP   Data Integrity   8Gb Encryption   Offload for Network, Block & File I/O Connectivity   Allocating Files in File Systems   Frame Batching and Compression   Universal CNA   SATA, FC, SAS Bridging   PCI-X 2.0 FC HBA 11
  • 12. Industry Leadership & Collaboration Management CDM, SMASH, SVPCI T11.5 Host , MSIWG Security Security T10, T11 KMSS, VP Servers Storage SSSI T10, T11, T13 Networks 12
  • 13. Emulex Ecosystem of Partners Working With the Right Partners to Deliver a Total Solution Software Partners Networking Partners Server Partners and OEMs Storage Partners and OEMs 13
  • 14. Summary   Global company   Solid financial profile   Trusted supplier with over 60 million enterprise -proven connections   Tradition of storage and networking innovation   Leading new standards initiatives for next generation data center 14