AUSTIN, Texas, May 26, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced that ARJ Distribution AB, a leading Nordic distributor of data storage solutions, now offers its customers the Crossroads StrongBox, a network attached storage (NAS) appliance that delivers online, nearline and archive data storage at the industry's lowest cost per gigabyte.
StrongBox complements ARJ's portfolio of cutting edge IT offerings with a cost-effective, scalable solution for long-term data preservation. By pairing flexible, policy-driven disk storage with Linear Tape File System (LTFS) technology, StrongBox allows ARJ's customers to gain control of storage costs without sacrificing the availability of stored content. With unmatched affordability, seamless integration and protected file management, StrongBox stands as a unique differentiator that allows partners like ARJ to win more business with the most competitive solution pricing.
"Partnering with ARJ significantly expands our StrongBox growth opportunities in northern European countries, including Sweden, Norway, Denmark and Finland," said Bernd Krieger, director of European sales at Crossroads Systems. "We're pleased to work with a strong distribution partner and enterprise IT expert to provide cost-effective solutions to customers' exploding data storage requirements."
For more information on the latest StrongBox NAS platforms, visit www.crossroads.com/strongbox.
About ARJ Distributors AB
As a valued added distributor, ARJ Distribution provides the Nordic market with IT solutions from its office in Stockholm, Sweden. ARJ Distribution works with hundreds of resellers of all sizes across multiple business segments. When customers are interested in a solution, ARJ assists with demos and helps with pre-sales meetings as well as installation and support. Visit www.arjdistribution.se.
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.
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SOURCE Crossroads Systems