AUSTIN, Texas, Sept. 4, 2014 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) today announced that Qualstar, a leading manufacturer of tape library systems, will now offer the Crossroads ReadVerify® Appliance (RVA®) with the ArchiveVerify™ (AV) feature alongside its time-tested library systems.
The partnership expands on the cooperation between the two companies that began in late 2012 when Crossroads announced StrongBox interoperability with Qualstar tape libraries. Qualstar will offer its tape library customers the Crossroads RVA and AV solution set, which is specifically designed to slash long-term storage expenses and simplify data management, access and protection.
Qualstar's libraries provide economical storage for long-term data while RVA proactively validates the integrity of tape backup systems through either a standalone or virtual appliance. Greatly reducing tape replacement costs and guaranteeing that data is always recoverable, RVA provides organizations with a powerful tool to monitor, track and report on the performance, utilization and health of tape devices and media. By continually diagnosing operational backup errors, organizations that deploy the Qualstar-Crossroads joint solution experience impressive performance improvements and significant cost savings.
Additionally, ArchiveVerify, an optional feature for automated reliability checks, verifies the readability of data and enables predictive failure analysis based on robust user-defined policies – an important capability that helps fulfill requirements for Service Level Agreements (SLAs) and regulatory compliance.
"Working with a highly-respected partner such as Qualstar allows Crossroads to expand the presence of its RVA solution and help organizations gain greater peace of mind surrounding their data archives," said Richard K. Coleman, Jr., President and CEO at Crossroads Systems. "Our Qualstar partnership underscores Crossroads' strength in providing innovative solutions to exploding data growth."
"Establishing visibility for potential failure information allows organizations to maximize their existing tape by taking preventive measures to avoid unplanned downtime or data loss, which results in substantial IT savings and proven ROI," said Steven N. Bronson, Qualstar's CEO. "By adding the Crossroad ReadVerify Appliance with the ArchiveVerify feature as an option for Qualstar consumers, we are providing an additional easy-to-use means to protect their data."
For more information on RVA and its ArchiveVerify feature, visit www.crossroads.com/data-archive-products/rva.
About Qualstar Corporation
Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. The company's products are known throughout the world for high quality and Simply Reliable designs that provide years of trouble-free service. Visit www.qualstar.com or www.n2power.com, or call 805-583-7744.
About Crossroads Systems
Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data storage and protection 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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