AUSTIN, Texas, Aug. 27, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced new StrongBox features specifically designed for the media and entertainment industry. In conjunction with its partner, Marquis Broadcast, Crossroads will unveil the new capabilities September 11-15 during IBC 2015 in booth 2.A58.
StrongBox is a storage gateway that simplifies data management and provides the most cost-effective archive for media projects. The system supports up to 256 unique workflows while addressing all online, nearline and archive storage needs. By fusing high-performance storage with cost-effective LTFS tape, disk and cloud, StrongBox delivers speed and agility with the economics to fit a budget in one simple and massively scalable solution.
During IBC 2015, Crossroads will highlight StrongBox's new Partial File Restore feature that allows segments of specific media files to be quickly restored and utilized from many hours of footage. By retrieving timecode-based segments, production teams can now avoid moving whole files to find individual shots, thus minimizing the use of storage resources and speeding up the production process. It allows media professionals to access only the clip they need and avoid the hassle of sifting through hours of content on disk, tape or in the cloud.
"We see many broadcast and media customers who need to accelerate their workflows," said David Cerf, executive vice president of strategy and business development at Crossroads Systems. "Partial file restore improves file access speed while keeping content easily available in the StrongBox archive. Crossroads continuously innovates so that our customers can take full advantage of the power of StrongBox."
See how to save and improve archives with StrongBox during the IBC Show in Amsterdam. Visit Crossroads Systems partner booths:
- STORDIS booth in hall 7, booth 7.H39 – Look for the StrongBox kiosk to meet the team.
- Marquis Broadcast booth in hall 2, booth 2.A58
- Tiger Technology booth in hall 6, booth 6.A18
For more information on IBC 2015, visit www.ibc.org.
About Marquis Marquis moves media and metadata between different systems in broadcast and post-production workflows. Through its media integration software and array of edit storage management tools, Marquis enables broadcasters and other digital media producers to achieve maximum efficiencies from their workflow processes. Whether moving media, metadata, sequences or projects, Marquis can offer multi-vendor solutions that are fast and effective, allowing organizations to concentrate on telling the story. Visit www.marquisbroadcast.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, 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