Dot Hill Systems Regains Compliance With NASDAQ Minimum Bid Price Rule
Dot Hill Systems Regains Compliance With NASDAQ Minimum Bid Price Rule
LONGMONT, Colo., Jan. 28, 2013 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp.
(Nasdaq:HILL), a leading provider of SAN storage solutions, has received
notification from NASDAQ that the company's bid price deficiency has been
cured and that the company is in compliance with all applicable listing
standards. Specifically, the NASDAQ Listing Qualifications department informed
the company that it has regained compliance by maintaining a closing bid price
of $1.00 or more for at least 10 consecutive trading days and the matter is
now closed.
About Dot Hill
Delivering innovative technology and global support, Dot Hill empowers the OEM
and channels community to bring unique storage solutions to market, quickly,
easily and cost-effectively. Offering high performance and industry-leading
uptime, Dot Hill's RAID technology is the foundation for best-in-class storage
solutions offering enterprise-class security, availability and data
protection. The Company's products are in use today by the world's leading
service and equipment providers, common carriers and advanced technology and
telecommunications companies, as well as government agencies and small and
medium enterprise customers. Dot Hill solutions are certified to meet rigorous
industry standards and military specifications, as well as RoHS and WEEE
international environmental standards. Headquartered in Longmont, Colorado,
Dot Hill has offices and/or representatives in China, Germany, Japan, United
Kingdom, Singapore and the United States. For more information, visit us at
http://www.dothill.com.
The Dot Hill Systems Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13870
HILL-F
CONTACT: Hanif Jamal
Chief Financial Officer
Tel: 303-845-3377
Email: investors@dothill.com
Jodi Bochert
Investor Relations
Tel: 303-845-3469
Email: investors@dothill.com
Becky Herrick & Kirsten Chapman
LHA Investor Relations
Tel: 415-433-3777
Email: dothill@lhai.com
Dot Hill Systems Corporation Logo
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