Data storage systems provider Dot Hill Systems Corp said it developed a new post-production storage software for editing applications, including Apple Inc's Final Cut Pro and Autodesk's Smoke, sending its shares up 20 percent on Wednesday.
Shares of the company rise 55 cents to a day high of $3.27 in morning trade.
The company said the software would enable post-production editors consolidate video into one shared high speed storage system and reduce rendering times.
Carlsbad, California-based Dot Hill Systems provides storage systems and server software to companies for improved data management and storage.
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