Crossroads Expands StrongBox Distribution Network to Australia

AUSTIN, Texas, Nov. 9, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) announced today that Oper8 Pty Ltd, based in Springfield, Queensland, is the company's first reseller partner in Australia for its StrongBox® network-attached storage (NAS) solution. The StrongBox X-Series product line is now available to Oper8's customers to significantly lower long-term data preservation costs.

Joining other premier integrators, resellers and distributors worldwide, Oper8 stands as the latest to join Crossroads' growing global network of StrongBox partners. StrongBox provides unique cost efficiency and quality of service (QoS) levels to meet the stringent data storage and protection demands of modern data centers.

Oper8 and Crossroads join forces following the release of Crossroads' global X-Series platforms of the StrongBox NAS solution. StrongBox X-Series delivers low-cost storage, performance and data protection for customers across the globe.  

"We are pleased to expand Oper8's suite of storage solutions for our customers across Australia and the South Pacific with the innovative and cost-effective StrongBox platform from Crossroads," said Mike Andrea, Director at Oper8. "StrongBox presents an expandable storage platform that can deliver Terabyte to multi-Petabyte storage in a low rack space footprint and without high energy consumption overheads. Oper8's confidence in the solution sees StrongBox being deployed as part of Oper8's own Cloud and 'Archive as a Service' solutions."

"With the release of our latest global platforms, we see clear opportunities for greater StrongBox growth internationally," said David Cerf, executive vice president of strategy and business development at Crossroads Systems. "With a growing network of partners in North and South America, Europe and now Australia, Crossroads can deliver the unmatched value of StrongBox in fast-growing markets. We are pleased to offer the low-cost, performance and protection of StrongBox to Oper8's diverse customers."

For more information on the latest StrongBox NAS platforms, visit www.crossroads.com/strongbox.

About Oper8
Oper8 Pty Ltd, headquartered in Springfield, Queensland, is a specialist IT and Cloud Services Provider delivering services targeted on delivering Australian solutions for Australian business. Oper8's product suite includes data storage, data centre, IT management and connectivity solutions. Oper8 products and services are offered as direct purchase, managed service or cloud solutions, enabling our clients to reduce capital expenses while achieving the best business outcomes from their IT investment. Visit www.oper8.com.au.

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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