SOURCE: Crossroads Systems

Crossroads Systems

April 13, 2011 08:00 ET

Crossroads Signs Partnership With Capgemini for Archiving Solutions

AUSTIN, TX--(Marketwire - Apr 13, 2011) - Crossroads Systems, Inc. (PINKSHEETS: CRDS) signs a strategic partnership with Capgemini Nederland B.V., a subsidiary of the Capgemini Group, one of the world's foremost providers of consulting, technology and outsourcing services, to deliver archiving solutions.

Under the agreement, Capgemini will add Crossroads technology to its portfolio for deployment within its customers' environments as well as Capgemini's internal data centers -- greatly expanding Crossroads' market reach by harnessing the power of Capgemini's presence.

"This partnership combines our solutions and Capgemini's implementation expertise which will aim to improve performance and reduce cost for clients in the most demanding environments," said David Cerf, executive vice president of business and corporate development at Crossroads Systems. "We believe this partnership agreement will greatly enhance customer satisfaction for both companies, resulting in a long-lasting relationship which will be central to Crossroads' growth."

"Capgemini is extremely pleased to enter into a partnership that arms our sales force and data centers with the latest Crossroads technology," said Frank Huiskes, CTO of infrastructure transformation services at Capgemini.

The partnership enables Capgemini to offer Crossroads solutions to its client base. The solutions include the ReadVerify Appliance (RVA), a standalone appliance that proactively validates the integrity of tape backup systems, and SPHiNX, a holistic data protection and storage appliance that provides disaster recovery capabilities from the desktop to the data center.

About Crossroads Systems
Crossroads Systems, Inc. (PINKSHEETS: CRDS) is a global provider of solutions and services that ensure stored data is proactively protected and reliably recovered. Crossroads offers organizations powerful data protection, proactive data security, intelligent storage connectivity, unmatched performance, and significant cost savings. Founded in 1996 and headquartered in Austin, Texas, Crossroads holds more than 100 patents granted and pending and has been honored with numerous industry awards for innovation in data protection and storage. Visit www.crossroads.com.

Important Cautions Regarding Forward-Looking Statements
This press release includes forward-looking statements that relate to the business and future events or future performance of Crossroads Systems, Inc. and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," and similar expressions or phrases identify forward-looking statements. Forward-looking statements include, but are not limited to, statements about Crossroads Systems' ability to implement its business strategy, including the transition from a hardware storage company to a software solutions and services provider, its ability to expand its distribution channels, its ability to maintain or broaden relationships with existing distribution channels and strategic alliances and develop new industry relationships, the performance of third parties in its distribution channels and of its strategic alliances, uncertainties relating to product development and commercialization, the ability to obtain, maintain or protect patent and other proprietary intellectual property rights, technological change in its industry, market acceptance of its products and services, future capital requirements, regulatory actions or delays, competition in general and other factors that may cause actual results to be materially different from those described herein. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. Crossroads Systems does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.

©2011 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All specifications are subject to change without notice.

Contact Information

  • Company Contact:
    Jennifer Crane
    Crossroads Systems
    Email Contact
    512.928.6897 or 800.643.7148

    Press Contact:
    Matthew Zintel
    Zintel Public Relations
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    317.848.8804

    Investor Relations Contact:
    Scott Liolios or Matt Grover
    Liolios Group
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    949.574.3860