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Isilon Systems, Inc. Shareholder Investigation by Briscoe Law Firm Concerning the Acquisition by EMC Corporation

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^{Published in Science and Technology on Monday, November 15th 2010 at 10:40 GMT by Market Wire}  

DALLAS--([ BUSINESS WIRE ])--[ The Briscoe Law Firm, PLLC ], founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of [ Isilon Systems, Inc. ] (aIsilona or aISLNa) (NASDAQ: ISLN) related to the proposed acquisition of Isilon by EMC Corporation.

The definitive acquisition agreement, which was announced on November 15, 2010, involves a transaction valued at approximately $2.25 billion. Under the proposed acquisition, Isilon shareholders will receive a cash payment of $33.85 for each share of Isilon/ISLN common stock they hold. Based on the steady rise in Isilona™s stock price over the prior year, and other factors, the proposed transaction may not adequately value Isilon/ISLN shares. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Isilon for approving this transaction and whether Isilona™s Board of Directors acted in the shareholdersa™ best interests and properly shopped the deal.

If you currently own shares of Isilon/ISLN and would like additional information regarding this investigation, or if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [ patrick@powerstaylor.com ], or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at [ WBriscoe@TheBriscoeLawFirm.com ]. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.