AUSTIN, Texas, Jan. 22, 2015 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced general availability of its second generation hardware platform of the StrongBox NAS T10 and T30 appliances.
StrongBox is a network-attached storage (NAS) solution for unstructured data that provides a perfect balance of storage performance and economics. The patent-protected system architecture blends fast data access via disk in parallel with volume storage on tape media for the lowest cost per gigabyte. The new StrongBox NAS Generation 2 platforms expand the storage configuration for up to 65 terabytes of internal disk capacity – three times greater than first-generation systems. Users can add more capacity with external SAS/FC disk arrays, including the new StrongBox XpanDisk.
"Unlike any other storage system available in the market, the StrongBox NAS Generation 2 provides unparalleled value, delivering performance tuning to match users' requirements for online, nearline and archival storage all from one solution," said David Cerf, executive vice president of strategy and business development at Crossroads Systems. "Generation 2 provides more flexibility to scale from terabytes to petabytes. The latest StrongBox NAS platforms deliver online data access for users and applications while also allowing organizations to quickly maximize their ROI and re-task existing storage assets. Additionally, they allow us to expand StrongBox's addressable market size and attract new customers who need expanded online and nearline disk storage."
Key benefits include:
- Best cost per GB for long-term data preservation
- Tunable policy-driven data performance that optimizes ROI
- Built-in data protection with no backup needed
- Online data access for users and applications
- Hot-swappable disks and drives for maximum uptime
- Energy efficiency
For more information on the latest StrongBox NAS platforms and StrongBox XpanDisk, visit www.crossroads.com/strongbox.
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