AUSTIN, Texas, April 13, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced it is teaming with Santa Clara, California-based DDN Storage (DDN), the world leader in massively scalable, high-performance storage.
Crossroads StrongBox will be offered as an integrated tier within DDN's new MEDIAScaler™ solution providing DDN's customers scale-out file storage with a tape-based LTFS tier within their end-to-end solution. StrongBox is a network-attached storage appliance (NAS) built to simplify data access and provide the most cost-effective, long-term archive storage for unstructured data. The solution offers an LTFS tape solution for storing and protecting long-term and disaster recovery data. Customers benefit from seamless movement of data between the high-performance tiers of MEDIAScaler and the protected archive that features a truly touchless tape environment.
DDN MEDIAScaler™, introduced this week at NAB, offers high-performance, file-based storage for today's large scale rich media workflows, providing concurrent access to content across hundreds of global users while accelerating transcode, reducing hardware footprint, and seamlessly integrating with LTFS-based tape and the cloud.
The joint Crossroads StrongBox/DDN MEDIAScaler solution masters the complexity of data preservation by providing highly available access to information, simple data management, and complete protection.
"Crossroads is proud to support DDN's MEDIAScaler solution with a low-cost content archive," said David Cerf, executive vice president of strategy and business development. "With DDN's expertise in high-performance storage and Crossroads' touchless use of LTFS/LTO, we are able to provide a streamlined solution for media assets with best-of-breed technology."
"With Crossroads StrongBox, DDN customers gain an easy way to leverage LTFS for their every-growing archives," said Molly Rector, Chief Marketing Officer at DDN. "As media and entertainment content grows in both resolution and speed of creation, these businesses need a reliable solution that can scale in performance and capacity, while balancing cost. Through our collaboration with Crossroads, we are bringing performance and cost-efficiency to our mutual customers' storage needs."
See the new DDN MEDIAScaler solution at the DDN booth #SL8016 at the National Association of Broadcasters Show in Las Vegas, April 13 – 16.
For more information on the StrongBox NAS, visit www.crossroads.com/strongbox.
DDN Storage (DDN) is a leader in data center infrastructure for Big Data and Cloud Storage applications. DDN's data storage and processing solutions and professional services enable content-rich and high growth IT environments to achieve the highest levels of systems scalability, efficiency and simplicity. DDN enables enterprises to extract value and deliver results from their information. DDN's customers include the world's leading online content and social networking providers, high performance cloud and grid computing, life sciences, financial services, media production, and security and intelligence organizations. Deployed in thousands of mission critical environments worldwide, DDN's solutions have been designed, engineered and proven in the world's most scalable data centers to ensure competitive business advantage for today's information powered enterprise. Visit www.ddn.com.
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 and Form 10-Q 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. 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.
SOURCE Crossroads Systems