McDATA Corporation Holds First Quarter Conference Call

Apr 17, 2001, 01:00 ET from McDATA Corporation

    BROOMFIELD, Colo., April 17 /PRNewswire/ -- McDATA(R) Corporation
 (Nasdaq: MCDT, MCDTA), a global leader in open storage networking solutions,
 will release financial results for the first quarter 2001 after the close of
 the market on Thursday, April 19, 2001.
     A conference call to discuss the first quarter 2001 results, led by McDATA
 CEO and President Jack McDonnell, will begin at 5:30 p.m. EDT (4:30 Central;
 3:30 p.m. MDT; 2:30 PDT).  Those wishing to participate may listen via phone
 or audio Web cast.  To participate via phone, please call (800) 946-0715.
 Participants should call at least five minutes before the start time of the
 call.  To assist McDATA in planning for the call, participants are asked to
 register by e-mailing name and contact information to
 investor_relations@mcdata.com.
     The Web cast will be available simultaneously to the conference call at
 www.mcdata.com, and will also be available through an archive on the site for
 30 days following the live call.
     A news release detailing the Q1 2001 financial results will be available
 via PR Newswire and on McDATA's Web site immediately preceding the conference
 call.
     Audio replays of the conference call will be available beginning at
 8:00 p.m. EDT, April 19, 2001, continuing through April 26, 2001, by dialing
 (888) 203-1112 domestically, or (719) 457-0820 for international callers,
 reference code 566074.
 
     About McDATA (www.mcdata.com)
     McDATA (Nasdaq: MCDT, MCDTA) is a global leader in open storage networking
 solutions.  Recognized for its highly available, scalable and centrally
 managed SANs, McDATA's family of solutions represent the backbone of the SAN
 industry and address enterprise-storage problems.  The company's
 enterprise-to-edge SAN solutions improve the reliability and availability of
 data to simplify SAN management and reduce the total cost of ownership.
 Committed to the highest level of service in the industry, McDATA extensively
 pre-tests SAN solutions to provide IT organizations with the comprehensive
 tools, methodologies and support essential to robust and timely SAN
 implementations.  McDATA distributes its products through its OEMs, network of
 resellers and Elite Solution Partners.  McDATA is a registered trademark.  The
 McDATA logo and McDATA tagline are trademarks of McDATA Corporation.
 
     Forward-Looking Statements
     This press release contains statements about expected future events that
 are forward-looking and subject to risks and uncertainties.  For these
 statements, we claim the safe harbor for "forward-looking statements" within
 the meaning of the Private Securities Litigation Reform Act of 1995.  Factors
 that could cause actual results to differ and vary materially from
 expectations include, but are not limited to, our relationship with EMC
 Corporation, IBM and other partners or a loss of any of our key customers,
 distributors, resellers or our manufacturer, our ability to expand our product
 offerings and any transition to new products, component quality and
 availability, the development of the storage area network and switch markets,
 any change in business conditions, changes in our sales strategy and product
 development plans, competition in the storage area network and switch markets,
 competitive pricing pressures, continued market acceptance of our products,
 name recognition of our products, delays in the development of new technology,
 changes in customer buying patterns issues, one-time events and other
 important factors disclosed previously and from time to time in our filings at
 the U.S. Securities and Exchange Commission.  These cautionary statements by
 us should not be construed as exhaustive or as any admission regarding the
 adequacy of disclosures made by us.  We cannot always predict or determine
 after the fact what factors would cause actual results to differ materially
 from those indicated by the forward-looking statements or other statements.
 In addition, readers are urged to consider statements that include the terms
 "believes," "belief," "expects," "plans," "objectives," "anticipates,"
 "intends," "targets," or the like to be uncertain and forward-looking.  All
 cautionary statements should be read as being applicable to all
 forward-looking statements wherever they appear.  We do not undertake any
 obligation to publicly update or revise any forward-looking statements,
 whether as a result of new information, future events or otherwise.
 
     For further information please contact investors, Lenny Parrnelli,
 303-460-4201, lenny.parrnelli@mcdata.com, or media, Kathleen Sullivan,
 303-460-4435, cell, 720-480-5501, kathleen.sullivan@mcdata.com, or Mary
 Ehlert, 303-831-7692, cell, 303-669-7756, marye@thinkbat.com, all for McDATA
 Corporation.
 
 

SOURCE McDATA Corporation
    BROOMFIELD, Colo., April 17 /PRNewswire/ -- McDATA(R) Corporation
 (Nasdaq: MCDT, MCDTA), a global leader in open storage networking solutions,
 will release financial results for the first quarter 2001 after the close of
 the market on Thursday, April 19, 2001.
     A conference call to discuss the first quarter 2001 results, led by McDATA
 CEO and President Jack McDonnell, will begin at 5:30 p.m. EDT (4:30 Central;
 3:30 p.m. MDT; 2:30 PDT).  Those wishing to participate may listen via phone
 or audio Web cast.  To participate via phone, please call (800) 946-0715.
 Participants should call at least five minutes before the start time of the
 call.  To assist McDATA in planning for the call, participants are asked to
 register by e-mailing name and contact information to
 investor_relations@mcdata.com.
     The Web cast will be available simultaneously to the conference call at
 www.mcdata.com, and will also be available through an archive on the site for
 30 days following the live call.
     A news release detailing the Q1 2001 financial results will be available
 via PR Newswire and on McDATA's Web site immediately preceding the conference
 call.
     Audio replays of the conference call will be available beginning at
 8:00 p.m. EDT, April 19, 2001, continuing through April 26, 2001, by dialing
 (888) 203-1112 domestically, or (719) 457-0820 for international callers,
 reference code 566074.
 
     About McDATA (www.mcdata.com)
     McDATA (Nasdaq: MCDT, MCDTA) is a global leader in open storage networking
 solutions.  Recognized for its highly available, scalable and centrally
 managed SANs, McDATA's family of solutions represent the backbone of the SAN
 industry and address enterprise-storage problems.  The company's
 enterprise-to-edge SAN solutions improve the reliability and availability of
 data to simplify SAN management and reduce the total cost of ownership.
 Committed to the highest level of service in the industry, McDATA extensively
 pre-tests SAN solutions to provide IT organizations with the comprehensive
 tools, methodologies and support essential to robust and timely SAN
 implementations.  McDATA distributes its products through its OEMs, network of
 resellers and Elite Solution Partners.  McDATA is a registered trademark.  The
 McDATA logo and McDATA tagline are trademarks of McDATA Corporation.
 
     Forward-Looking Statements
     This press release contains statements about expected future events that
 are forward-looking and subject to risks and uncertainties.  For these
 statements, we claim the safe harbor for "forward-looking statements" within
 the meaning of the Private Securities Litigation Reform Act of 1995.  Factors
 that could cause actual results to differ and vary materially from
 expectations include, but are not limited to, our relationship with EMC
 Corporation, IBM and other partners or a loss of any of our key customers,
 distributors, resellers or our manufacturer, our ability to expand our product
 offerings and any transition to new products, component quality and
 availability, the development of the storage area network and switch markets,
 any change in business conditions, changes in our sales strategy and product
 development plans, competition in the storage area network and switch markets,
 competitive pricing pressures, continued market acceptance of our products,
 name recognition of our products, delays in the development of new technology,
 changes in customer buying patterns issues, one-time events and other
 important factors disclosed previously and from time to time in our filings at
 the U.S. Securities and Exchange Commission.  These cautionary statements by
 us should not be construed as exhaustive or as any admission regarding the
 adequacy of disclosures made by us.  We cannot always predict or determine
 after the fact what factors would cause actual results to differ materially
 from those indicated by the forward-looking statements or other statements.
 In addition, readers are urged to consider statements that include the terms
 "believes," "belief," "expects," "plans," "objectives," "anticipates,"
 "intends," "targets," or the like to be uncertain and forward-looking.  All
 cautionary statements should be read as being applicable to all
 forward-looking statements wherever they appear.  We do not undertake any
 obligation to publicly update or revise any forward-looking statements,
 whether as a result of new information, future events or otherwise.
 
     For further information please contact investors, Lenny Parrnelli,
 303-460-4201, lenny.parrnelli@mcdata.com, or media, Kathleen Sullivan,
 303-460-4435, cell, 720-480-5501, kathleen.sullivan@mcdata.com, or Mary
 Ehlert, 303-831-7692, cell, 303-669-7756, marye@thinkbat.com, all for McDATA
 Corporation.
 
 SOURCE  McDATA Corporation