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DOT HILL MOVES COMMON STOCK TRADING TO AMER STOCK EXCHANGE

Dot Hill Systems Corp's common stock began trading on The American Stock Exchange (AMEX) at the opening of trading on Thursday, December 12, 2002.

On August 17, 2001, Dot Hill announced that it had received notification from the NYSE that it failed to meet the NYSE continued listing standards. NYSE rules require that both average market capitalization and total stockholders' equity of listed companies must not fall below $50.0 million for more than 30 consecutive trading days. Although Dot Hill's market capitalization increased, the equity requirements have not been met, so the company chose to voluntarily move to the AMEX.

"Dot Hill is committed to its shareholders, and that commitment includes doing all we can to ensure that Dot Hill's common stock is traded swiftly, reliably and transparently," said Jim Lambert, Dot Hill chief executive officer. "With that in mind, Dot Hill has chosen to list with the American Stock Exchange. We believe that our shareholders will experience minimal to no differences between trading on the New York Stock Exchange and American Stock Exchange. We are impressed by the professionalism and service that AMEX has to offer, and look forward to our partnership with them."

Dot Hill is a leading independent provider of storage networking solutions. Its SANnet product line includes storage area networks, MIL-STD-810F and NEBS Level 3 certified systems. The Axis Storage Manager family of products enables companies to enhance their existing IT infrastructures without replacing them regardless of what storage is used. Dot Hill is an ISO 9002 certified company, and its Web site is www.dothill.com.

Contact: Leslie Cole, Director, Corporate Communcations, Dot Hill Systems Corp, 760-476-3823, leslie.cole@dothill.com.