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My advice would be: take some pictures showing the problem, open a ticket on the Irex support site, describe the problem, and ask them for advice.
My Iliad had its display replaced recently because of a defect (lighter spots). I am not the frst owner and my Iliad is (a bit) older than one year. The service by Irex was great and quick. They replaced it for free.
I guess the waranty part all depends on the kind of failure you experience. Be sure to ask them about it before sending the Iliad: if it's not warranty you may still have to pay 75 euro for handling...
Good luck!
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