Crossroads Names New Vice President of Sales and Business Development.

AUSTIN, Texas -- Crossroads Systems(R) Inc. (Nasdaq:CRDS), a leading global provider for storage networking solutions, today named Bill Georgas as its new vice president of sales and business development.

Prior to joining Crossroads, Georgas most recently served as vice president of global account sales for AT&T and led the Dallas, Texas-based regional sales teams serving the global communications and networking needs of multinational companies. Georgas previously served as regional sales director for Equant, and has also served in various other senior management assignments within the telecommunications industry. Georgas earned a Bachelor of Science in General Engineering from the U.S. Military Academy at West Point and served three years as an infantry officer in the U.S. Army. He earned an MBA from Chapman University in Orange, Calif.

"We are excited to welcome Bill to the Crossroads executive team," said Rob Sims, Crossroads president and chief executive officer. "Bill's considerable expertise involving large multinational customers in the telecommunications industry will bring key sales leadership to Crossroads as we engage new market opportunities in conjunction with product introductions planned for 2004."

About Crossroads Systems Inc.

With headquarters in Austin, Texas, Crossroads Systems (Nasdaq:CRDS) is a leading global provider of data routing solutions for Storage Area Networks (SANs). Crossroads' solutions serve the growing storage connectivity and data storage markets, and are designed to help companies store, manage and ensure the integrity and availability of their data. Crossroads' products are in solutions from companies such as EMC, HP and StorageTek, and are distributed through partners such as Bell Micro, DLT Solutions, Info-X, Promark and TidalWire. Crossroads is a voting member of the Storage Networking Industry Association (SNIA). For more information about Crossroads Systems, please visit www.crossroads.com or call 800-643-7148.

Forward-Looking Statements

This release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Crossroads are intended to identify such forward-looking statements. These statements reflect the current views and assumptions of Crossroads, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are the acceptance by our existing customers of any new family of products; the deteriorating economic environment, including, in particular, related expense reductions by organizations affecting their IT spending and budget which could impact sales; the effect of competition; Crossroads' ability to develop new and enhanced products that achieve market acceptance; the continuation of Crossroads' successful relationships with its limited number of OEM customers; Crossroads' inability to protect its intellectual property rights, as well as, other factors detailed in Crossroads' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on 10-Q. Crossroads expressly disclaims any obligation to release publicly any updates or revisions to the information contained in this press release or with respect to any future distribution of its stock by investors, or to update or revise any forward-looking statements to reflect any changes in expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law.