SOURCE: Crossroads Systems

Crossroads Systems

July 20, 2011 08:01 ET

Crossroads Systems Launches StrongBox Early Adopter Program

AUSTIN, TX--(Marketwire - Jul 20, 2011) - Crossroads Systems, Inc. (PINKSHEETS: CRDS), a leader in data protection, security, and storage connectivity, launched its StrongBox Early Adopter Program by shipping their new network-attached storage system to select members of the Crossroads Customer Advisory Board.

The many companies participating in the program represent numerous vertical markets, including broadcast and consumer media entertainment, cloud service providers, consulting, finance, government, hosted service providers, managed service providers, and manufacturing.

Following these initial StrongBox shipments, the company plans to roll out additional shipments to program participants every three to four weeks, with the general release scheduled for October 2011.

Designed to address the need for low cost and highly reliable long-term data preservation, StrongBox serves as an online archive for tier 3 data (defined as 'write once and read rarely'). It presents itself to the user as familiar hard disk storage, but combines hard disk storage (for fast data storage and retrieval) with high-capacity tape storage (for cost-effective, long-term storage).

Introduced in April 2011, StrongBox shatters the long-lived perception that data storage technology will forever remain proprietary, inflexible, high maintenance and expensive. By leveraging LTFS (Linear Tape File System) technology, StrongBox serves as an online, real-time accessible data vault. It acts as a standard network file system and is compatible with any file-based system architecture. It represents a revolution in the use of tape that is cost effective, energy efficient while providing an extended shelf life.

"StrongBox remains on schedule for the general launch, with our Early Adopter Program well underway," said Debasmita Roychowdhury, senior product manager at Crossroads Systems. "Ushering in a truly new era for tape, StrongBox relieves tape of its age-long dependency on backup applications to store and retrieve data from tape."

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 trademarks are the property of their respective owners. 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
    Email Contact
    317.848.8804

    Investor Contact:
    Scott Liolios or Matt Glover
    Liolios Group
    Email Contact
    949.574.3860