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ViON to Offer Government-Focused Archive Solutions Powered by Crossroads' StrongBox(Marketwire Via Acquire Media NewsEdge) AUSTIN, TX -- (Marketwire) -- 12/12/12 -- Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, today announced that ViON Corporation, a Northern Virginia-based provider of storage and server solutions, will now offer its governmental customers several new ViON storage solutions powered by StrongBox® from Crossroads Systems. StrongBox is a shared storage archive, delivering complete data protection and reliability. It's the first enterprise-level storage solution to leverage Linear Tape File System (LTFS) technology, allowing tape storage to walk and talk like expensive disk-based storage. It's the industry's leading non-proprietary, file-based and fully portable storage solution that can offer government agencies a cost-efficient file archive via a seamless on and off premise solution for low-cost data protection. "Just as some of the largest corporations are faced with mounting archive needs for files, most government agencies have the same need -- and partnering with a leading company such as ViON creates a path to offering StrongBox-powered archive solutions to various agencies," said David Cerf, executive vice president of business and corporate development at Crossroads. "ViON has a lengthy and successful record of providing cost-efficient data solutions to a wide variety of federal, state and local authorities, and Crossroads is pleased to partner with them to offer such secure, cost-cutting shared storage options through ViON." "ViON is a successful mid-size corporation that provides a significant number of local, state, and federal government entities with efficient, cost-effective storage solutions," said Michael Jones, vice president of corporate development at ViON. "StrongBox has the potential to expand our business greatly by millions of dollars each year, as it allows us to bring this new LTFS-based shared storage technology to federal ViON customers in the DOD, Intelligence, and civilian agencies, as well as to our many state and local-level customers. There is little doubt that StrongBox will serve as a significant driver for new ViON opportunities, as we can offer both new and existing customers this unique, reliable, and cost-effective archiving technology." About StrongBoxStrongBox is a shared storage solution purpose-built for data archival and preservation. Using Linear Tape File System (LTFS) technology and intelligent storage architecture with standard file systems (CIFS/NFS), StrongBox empowers online, all the time file availability with uncompromised data protection, full data mobility, non-proprietary file storage and significant cost-savings. StrongBox unifies your archive -- past and present -- while providing seamless scalability and reliability for the future. Visit: www.crossroads.com/products/strongbox. About ViON CorporationViON Corporation (ViON) is a veteran-owned corporation established in 1980, and headquartered in Northern Virginia. It specializes in designing, delivering, and maintaining storage and server solutions to high performance, enterprise-wide data centers throughout federal, state and local governments. ViON excels in solutions addressing enterprise storage, disaster recovery, server consolidation, and business continuity in the Windows, UNIX and z/OS environments. Visit www.vion.com. About Crossroads Systems Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data archive 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 holds 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 StatementsThis press release includes forward-looking statements that relate to the business and 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, uncertainties relating to product development and commercialization, the ability to obtain, maintain or protect patent and other proprietary intellectual property rights, technological change in its industry, market acceptance of its products and services, future capital requirements, regulatory actions or delays, competition in general and other factors that may cause actual results to be materially different from those described herein. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. Crossroads Systems does not intend, and undertakes no duty, to update this information to reflect future events or circumstances. ©2012 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. Add to Digg Bookmark with del.icio.us Add to Newsvine Company Contacts: Jennifer Crane Crossroads Systems Email Contact 512.928.6897 800.643.7148 Roseanne Cinnamond ViON Corporation Email Contact 571-353-6010 Investor Contact: John Baldissera BPC Financial Marketing 800.368.1217 Press Contact: Matthew Zintel Zintel Public Relations Email Contact 281.444.1590 Source: Crossroads Systems |