AUSTIN, Texas, July 22, 2014 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data protection solutions, today announced availability of its StrongBox® V80 tape library. The new V80 complements the StrongBox NAS to deliver the industry's most affordable and scalable video archive. The complete archiving solution that combines the StrongBox T10 appliance, featuring 5.4TB of internal disk, and the new V80 tape library, including two LTO 6 Fibre Channel drives, starts at $46,500 for 184TB of uncompressed content. A similar 1.3PB configuration starts at $137,000.
The V80 library can be augmented with up to six additional expansion modules (with 60 slots/ 184TB each), allowing organizations to effortlessly scale capacity. The fully expanded library accommodates up to 1.3PB of uncompressed storage space, the equivalent of more than 60,000 hours of HD video content.
To meet the media and entertainment industry's massive storage requirements, StrongBox leverages its unique, intelligent disk storage for tunable performance along with LTFS media for low-cost, reliable preservation. The result provides the industry's best and most cost-effective solution for fixed content management and archiving.
StrongBox is the only solution that includes integrated data protection, featuring both file and media-level integrity checks so that organizations can be fully confident that data saved today will be retrievable in the future. Since data is written to tapes in the LTFS standard, there is no proprietary formatting, and tapes can be read by any LTFS-enabled drive, ensuring long-term reliability. Additionally, the StrongBox API enables seamless archiving from leading media asset management systems such as Avid and CatDV as well as primary storage systems such as NetApp, EMC Isilon or any CIFS/NFS-based file storage.
"Unlike other solutions in the market, StrongBox and its V80 tape library offer levels of scalability and affordability never before available for video archives," said David Cerf, executive vice president of strategy and business development at Crossroads Systems. "StrongBox continues to receive consistent praise for its ability to easily move fixed content into a much more affordable archive, allowing primary storage to be more efficiently leveraged for active projects. This combination of greater efficiency, performance, simplicity and cost savings is a true first in the industry."
About StrongBox
StrongBox is a network attached storage (NAS) appliance that is purpose-built to lower the costs of long-term storage and protection for unstructured, fixed content. By pairing a flexible, policy-driven disk cache with Linear Tape File System (LTFS) technology, StrongBox empowers organizations to control storage costs without sacrificing data availability. StrongBox DataManager moves and/or copies files based on a simple, scalable policy engine that gives organizations fluid data movement, all within a single, integrated file system that works seamlessly with NetApp, Windows, Linux, Novell, and most CIFS/NFS file systems. Visit www.crossroads.com/strongbox.
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 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.
©2014 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.
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