Crossroads Systems Releases End-to-End Archive StrongBox VSeries LTFS NAS Data Storage Solution Bundles Now Available AUSTIN, TX -- (Marketwired) -- 04/08/13 -- Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, today announced general availability of StrongBox VSeries. The Crossroads StrongBox NAS appliance is now paired with the StrongBox VSeries tape libraries for a complete and integrated archive solution. StrongBox, a shared storage solution purpose-built for data archival and preservation, harnesses the power of Linear Tape File System (LTFS) technology and intelligent storage architecture with standard file systems (CIFS/NFS) to empower online, all the time file availability with uncompromised data protection, full data mobility, non-proprietary file storage and dramatic cost-savings. With the release of StrongBox VSeries, organizations can now integrate StrongBox alongside one of three tape library models for a complete data archive solution that costs just pennies per gigabyte. Crossroads is offering convenient solution bundles, providing a streamlined way to purchase and deploy the StrongBox archive solution. The StrongBox VSeries is available in three bundle options: -- StrongBox V24 - 2U form factor with 24 slots and 2 LTO6 tape drives (Max 2 drives) -- StrongBox V48 - 4U form factor with 48 slots and 2 LTO6 tape drives (Max 4 drives) -- StrongBox V96 - 8U form factor with 96 slots and 2 LTO6 tape drives (Max 4 drives) All VSeries bundles include the StrongBox archive with advanced software modules, including reporting/analytics, data protection, data integrity and enhanced security. Also included are: -- Capacity licenses -- Dual port SAS HBA -- StrongBox VSeries library -- LTO cleaning cartridge -- Drive cable -- Three-year warranty The bundles offer a managed capacity between 35-225 terabytes and start at $29,900. "The new bundled options offered through the StrongBox VSeries bring added convenience to organizations wishing to quickly harness the power of LTFS technology in their data archives," said Paul Leury, chief technologist at Crossroads Systems. "With VSeries, we're pleased to offer a complete LTFS NAS data storage solution that ensure s your data is always secure and accessible." About StrongBox StrongBox is a shared storage solution purpose-built for data archival and preservation. Using Linear Tape File System (LTFS) technology and intelligent storage architecture with standard file systems (CIFS/NFS), StrongBox empowers online, all the time file availability with uncompromised data protection, full data mobility, non-proprietary file storage and significant cost-savings. StrongBox unifies your archive -- past and present -- while providing seamless scalability and reliability for the future. Visit www.crossroads.com/products/strongbox. About Crossroads Systems Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data archive solutions. Through the innovative use of new technologies, Crossroads delivers customer-driven solutions that enable proactive data security, advanced data archiving, optimized performance and significant cost-savings. Founded in 1996 and headquartered in Austin, TX, Crossroads holds more than 100 patents and has been honored with numerous industry awards for data archiving, storage and protection. 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, uncer tainties 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. Copyright2013 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. Company Contacts: Jennifer Crane Crossroads Systems firstname.lastname@example.org 512.928.6897 800.643.7148 Press Contact: Matthew Zintel Zintel Public Relations email@example.com 281.444.1590 Investor Contact: Mark Hood Crossroads Systems firstname.lastname@example.org 512.928.7330
Crossroads Systems Releases End-to-End Archive
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