LONGMONT, Colo., Feb. 22, 2011 /PRNewswire/ -- Dot Hill Systems Corp. (Nasdaq: HILL), a leading provider of Unified Virtual Storage and SAN storage solutions, today announced that it has been named as one of the 150 "Best & Brightest" innovative leaders for 2011 by MDB Capital Group, LLC for the second year in a row. This recognition is given to those technology leaders ranking in the 90th percentile among 1,500 companies with U.S. patents as rated by PatentVest®, MDB's proprietary, intellectual property (IP), business intelligence database. MDB draws the "Best & Brightest" companies from the universe of public companies with at least one U.S. patent and a market capitalization under $500 million, and employs a variety of other financial, innovation, value and quality metrics to arrive at the final "Best and Brightest" list.
According to MDB, companies on last year's "Best and Brightest" list outperformed the S&P Small Cap 600 Index by 1.4 to 1 and the S&P 500 Index by 2.8 to 1. All 150 "Best & Brightest" companies for 2011 are automatically invited to present at MDB's Bright Lights Conference, which will be held at the Le Parker Meridien Hotel, New York City, May 10-11, 2011.
"We are honored to be recognized by the MDB group. This recognition reflects our focus on developing innovative technology and creating a strategically advantageous and robust portfolio of intellectual property," said Dana Kammersgard, president and CEO, Dot Hill Systems. "Our storage solutions are differentiated by unique features that are enabled by our innovation, which in turn benefits our customers. We are proud of our tradition of technology leadership and we look forward to presenting at this conference."
MDB Capital Group LLC is a merchant and investment banking firm focused exclusively on innovative companies which possess intellectual property that enables them to become leaders in their respective technology areas. PatentVest, MDBs proprietary IP intelligence platform, tracks, analyzes and ranks every technology company in the world that owns patents or patent applications.
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 virtualization software with the industry's most flexible and extensive hardware platform and automated management to deliver best-in-class unified virtual storage and SAN solutions. Headquartered in Longmont, Colo., Dot Hill has offices and/or representatives in China, Germany, India, Israel, Japan, Singapore, the United Kingdom, and the United States. For more information, visit us at http://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 Dot Hill's future stock performance, the actual or perceived value of Dot Hill's intellectual property portfolio, and any increase in Dot Hill's revenue or financial results based on its being named to the list of the "Best and Brightest" companies by MDB Group. The risks that contribute to the uncertain nature of the forward-looking statements include, among other things: that the performance of other companies named to the "Best and Brightest" list, either currently or in the past, may have no bearing on Dot Hill's performance; the attention drawn to Dot Hill because of its being added to the "Best and Brightest" List, which may be minimal; the actual or perceived value of Dot Hill's intellectual property portfolio; the ability of Dot Hill to protect its portfolio or secure additional patents or other intellectual property rights, and; unforeseen technological, intellectual property, supply, personnel or engineering issues; and the additional risks set forth in the Forms 10-K and 10-Q most recently filed with the Securities and Exchange Commission by Dot Hill. MDB Capital is independent from Dot Hill, and Dot Hill is not responsible for, nor does it have any control over, any statements, computations or opinions expressed by MDB. 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.
SOURCE Dot Hill Systems Corp.