Arena Pharmaceuticals Selects Dot Hill's SANnet System for Drug Discovery Database.Business Editors/High-Tech Writers CARLSBAD, Calif.--(BUSINESS WIRE)--Aug. 7, 2001 Dot Hill Systems Corp. (NYSE NYSE See: New York Stock Exchange :HIL), a leading provider of carrier-class information storage and storage area network (SAN) solutions, today announced that Arena Pharmaceuticals Inc. (Nasdaq:ARNA), has selected Dot Hill's SANnet(TM) system as the storage component of the Arena Database, a proprietary drug discovery database. "Drug discovery, particularly when based upon drug screening at multiple drug targets, generates enormous amounts of data. This can cause at least two significant problems from a data management perspective: (1) how to store the data, and allow scientists from different scientific groups to have real-time access to all data related to their projects; and (2) how to ensure that data that may not apply in one project is not discarded dis·card v. dis·card·ed, dis·card·ing, dis·cards v.tr. 1. To throw away; reject. 2. a. To throw out (a playing card) from one's hand. b. , with the understanding that such data may be important for a solution in another project," said Jack Lief, Arena's chief executive officer and president. "We chose Dot Hill's SANnet system to store our scientific data and other information based on its small footprint, scalability, and performance. We especially liked the ease of use of the SANpath(TM) storage management software." James Lambert, Dot Hill president, said, "It's exciting to provide Arena with the reliable storage systems and support they require. SANnet decreases the amount of time their scientists spend searching through large quantities of data, which leads to faster drug discovery. Our systems are currently storing almost four terabytes of Arena information and this amount of data is projected to grow substantially. As Arena's storage needs grow, our SANnet systems will cost-effectively scale to grow with them." About Dot Hill Dot Hill is a leading independent provider of carrier-class data storage solutions and services. With SANnet solutions that include storage area networks, NEBS NEBS Network Equipment Building System (Bell Telephone Labs) NEBS Network Equipment Building Standards NEBS New England Business Services NEBS New England Barbecue Society NEBS Neue Europäische Bewegung Schweiz Level 3 certified See certification. systems for Telco and Internet operations, and world-class service capabilities, Dot Hill is uniquely positioned to address the storage requirements of mission-critical continuous computing Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , financial institutions, advanced technology and telecommunications companies See telecom company. , and government agencies. Dot Hill is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 certified company, and its Web site is www.dothill.com. About Arena Pharmaceuticals Arena is an emerging biopharmaceutical company focused principally on discovering pharmaceutical products that act on an important class of targets called G protein-coupled receptors G protein-coupled receptors (GPCRs), also known as seven transmembrane receptors, 7TM receptors, heptahelical receptors, and G protein linked receptors (GPLR , or GPCRs. Arena has developed a technology called Constitutively con·sti·tu·tive adj. 1. Making a thing what it is; essential. 2. Having power to institute, establish, or enact. 3. Activated Receptor Technology, or CART(TM), that can be applied to GPCRs and other receptors. Dot Hill, the Dot Hill logo, and SANnet are all trademarks of Dot Hill Systems Corp. All other products and names mentioned herein are trademarks or registered trademarks of their respective owners. Certain statements contained in this press release regarding matters that are not historical fact are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and . 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 the future availability of SANnet and the amount of revenue associated with sales to Arena Pharmaceuticals. The risks that contribute to the uncertain nature of the forward-looking statements include: the terms of the relationship with Arena Pharmaceuticals, which do not provide for any minimum purchase amount, and any unforeseen technological, intellectual property or engineering issues and changing customer preferences. However, there are many other risks not listed here that may affect the future business of Dot Hill, as well as the forward-looking statements contained herein. To learn about such risks and uncertainties, you should read the risk factors set forth in the forms 10K and 10Q recently filed 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. |
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