LONGMONT, Colo., Aug. 20 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. (Nasdaq: HILL), a provider of world-class storage solutions and software for OEMs, open storage partners and system integrators, today announced that Dana Kammersgard, the Company's president and chief executive officer is scheduled to present at the Rodman & Renshaw Annual Global Investment Conference, being held September 12-15, 2010, at the New York Palace Hotel, 455 Madison Avenue, New York, NY. The Company's group presentation is scheduled for 4:05 p.m., ET, September 14, in the Rutherford Salon. Management will be available for one-on-one meetings throughout the day and interested parties may schedule meetings through their Rodman & Renshaw sales representative.
Mr. Kammersgard will discuss the Company's operational results, growth strategy, and its proprietary technologies. He will discuss the recently signed agreement with Xiotech for its Intelligent Storage Networking product which is based on the Company's newly acquired Cloverleaf technology platform as well as the completed restructuring plan that positions the Company for enhanced bottom line financial performance, with losses expected to narrow in the second half of this year.
Investors and other interested parties may access the live presentation at http://www.rodm.com/conferences.
About Rodman & Renshaw
Rodman & Renshaw is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Rodman also provides research and sales and trading services to institutional investors. Rodman is the leader in the PIPE (private investment in public equity) and RD (registered direct offering) transaction markets. According to Sagient Research Systems, Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005.
About Dot Hill
Offering enterprise-class security, availability and data protection, Dot Hill provides responsive and adaptive storage solutions to meet 24/7/365 business demands. With Dot Hill, businesses can proactively safeguard and manage business data, and leverage operational efficiencies to save time, effort and expense today, while meeting the evolving business needs of tomorrow, strategically and cost effectively. Headquartered in Longmont, Colo., Dot Hill has offices and/or representatives in China, Germany, India, Israel, Japan, Singapore, United Kingdom, and the United States.
For more information, visit us at 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 prospects for Dot Hill's projected future financial results, the effects of the 2010 Plan, and Dot Hill's anticipated timing for achievement of profitability. The risks that contribute to the uncertain nature of the forward-looking statements include, among other things: the risk that Dot Hill's next-generation products may not achieve market acceptance; the Company's expense reduction and resource allocation plans may not have the anticipated positive effects on the Company's financial results; the risks associated with macroeconomic factors that are outside of Dot Hill's control; the fact that no Dot Hill customer agreements provide for mandatory minimum purchase requirements; the risk that one or more of Dot Hill's OEM or other customers may cancel or reduce orders, not order as forecasted or terminate their agreements with Dot Hill; the risk that Dot Hill's new products may not prove to be popular; the risk that one or more of Dot Hill's suppliers or subcontractors may fail to perform or may terminate their agreements with Dot Hill; unforeseen technological, intellectual property, 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. 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.