Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,490.53 73.00 0.51%
TOPIX 1,170.75 4.16 0.36%
HANG SENG 22,760.24 64.23 0.28%

Dot Hill Intends to Defend Itself Against Crossroads Systems' Breach of Contract and Patent Infringement Claims and Assert Its



Dot Hill Intends to Defend Itself Against Crossroads Systems' Breach of
Contract and Patent Infringement Claims and Assert Its Rights Through the
Legal Process

LONGMONT, Colo., Sept. 12, 2013 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp.
(Nasdaq:HILL), a leading provider of SAN storage solutions, stated that the
Company plans to defend itself against Crossroads Systems, Inc.'s breach of
contract and patent infringement claims, which were filed in the United States
District Court for the Western District of Texas on September 11, 2013.

"Dot Hill disputes Crossroads' claims, which arise out of Crossroads' mistaken
demands for patent royalties on licensed products for which royalty
obligations have been met, as well as demands for royalties on products that
are outside the scope of Crossroads' licensed patents," stated Dana
Kammersgard, president and chief executive officer, Dot Hill Systems. "Dot
Hill respects intellectual property rights and values the technology rights we
license from our technology partners. We regret that Crossroads elected to
initiate a lawsuit instead of working with us amicably to resolve its
questions about royalty payments. We look forward to asserting our rights
through the legal process."

About Dot Hill

Leveraging its proprietary Assured family of storage solutions, Dot Hill
solves many of today's most challenging storage problems – helping IT to
improve performance, increase availability, simplify operations, and reduce
costs. Dot Hill's solutions combine breakthrough software with the industry's
most flexible and extensive hardware platform and automated management to
deliver best-in-class solutions. Headquartered in Longmont, Colorado, Dot Hill
has offices and/or representatives in China, Germany, India, Japan, Singapore,
the United Kingdom, and the United States. For more information, visit
www.dothill.com.

Statements contained in this press release regarding matters that are not
historical facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act. Because such statements are subject
to risks and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Such statements
include statements regarding the expected outcome of Crossroads' patent and
contract infringement claims. 

The risks that contribute to the uncertain nature of the forward-looking
statements include, among other things, the additional risks set forth in Dot
Hill's most recent Form 10-Q and Form 10-K filings with the Securities and
Exchange Commission. All forward-looking statements contained in this press
release speak only as of the date on which they were made. Dot Hill undertakes
no obligation to update such statements to reflect events that occur or
circumstances that exist after the date on which they were made.

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
        
         Kirsten Chapman
         LHA Investor Relations
         Tel: 415-433-3777
         Email: dothill@lhai.com

Dot Hill Systems Corporation Logo
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement