Crossroads Systems Releases StrongBox VM - Archive Has Never Been Simpler

AUSTIN, Texas, Dec. 1, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced general availability of StrongBox VM, the company's virtual machine (VM) version of its award-winning StrongBox storage gateway. Organizations using StrongBox VM can now transform their existing resources into simple-to-use, yet powerful network-attached storage.

StrongBox provides protected nearline and archive storage for unstructured data. By combining flash, disk, and LTFS tape, StrongBox helps businesses protect data on-site, off-site, or in the cloud. StrongBox VM provides all the same features as the original StrongBox and can be deployed in less than an hour using a company's existing VMWare ESXi servers. This allows customers to quickly create file and object-based shared storage for local and distributed architectures without the requirement of dedicated hardware.

Key product capabilities include:

• Seamlessly integrates with existing IT infrastructure to create nearline and archive storage with multi-copy data protection, secure replication, and self-healing functionality
• Installs in less than an hour
• Intelligently manages file and object storage while saving customers thousands of dollars in hardware purchases and maintenance fees
• Combines the best of flash, disk, tape, and cloud storage technologies to deliver performance that meets defined quality of service (QoS) levels

Customers can turn an existing tape library into a NAS for nearline and archive storage, or use StrongBox VM as a gateway to replicate data off-site or to the cloud with no local tape required.

Businesses can experience the power of StrongBox VM with a free 90-day, no strings attached trial. To request your StrongBox VM trial, visit www.crossroads.com/strongbox-vm.  

"Customers asked us for the power of StrongBox with the flexibility to run in VM environments, and now they have it," said David Cerf, executive vice president of strategy and business development at Crossroads Systems. "StrongBox VM easily turns any library into a NAS for file or object storage. This new StrongBox option is yet another example of Crossroads' commitment to reducing the cost and complexity of today's ever-growing data storage."

For technical specifications and additional information on StrongBox VM, visit www.crossroads.com/strongbox-vm.

About Crossroads Systems
Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data storage 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 has been awarded 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 expected 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, the potential market for our data storage products, changes in the fair value of its derivative instruments, and its ability to achieve or maintain profitability. The future performance of Crossroads Systems may be adversely affected by the following risks and uncertainties: uncertainties relating to product development and commercialization, uncertain market acceptance of Crossroads Systems products, including StrongBox, intense competition in the data protection and storage markets, variations in quarterly results and a consequence of unpredictable sales cycles and other factors, the ability to obtain, maintain or protect patent and other proprietary intellectual property rights, developments in litigation to which we may be a party, technological change in the industry, future capital requirements, regulatory actions or delays, and other factors that may cause actual results to be materially different from those described or anticipated by these forward-looking statements. For a more detailed discussion of these factors and risks, investors should review Crossroads Systems' reports on Form 10-K,  Form 10-Q,Form 8-K and other reports filed with the Securities and Exchange Commission, which can be accessed through the SEC's website or by clicking "SEC Filings" on the company's Investor Relations website at http://investors.crossroads.com. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. All forward-looking statements are qualified in their entirety by this cautionary statement, and Crossroads Systems undertakes no duty to update this information to reflect future events, information, or circumstances.

©2015 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.  

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SOURCE Crossroads Systems

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