Crossroads Systems Named 2008 Hot Companies Finalist by Silicon Valley Communications.Winners Will Be Honored at Technosium 2008, Silicon Valley - California AUSTIN, Texas -- Crossroads Systems, Inc. (Pink Sheets:CRDS CRDS Contribution pour Le Remboursement de la Dette Sociale (French: Social Debt Repayment Contribution) CRDS Cavity Ring-Down Spectroscopy CRDS Community Rehabilitation and Disability Studies ), a leading provider of data protection and Business Information Assurance (BIA BIA abbr. Bureau of Indian Affairs ) solutions, today announced that it has been named a 2008 Hot Companies finalists by Silicon Valley Communications. Companies that are honored with the "Hot Companies" recognition offer the industry's most innovative high-tech solutions, bring together the industry's leading talents, offer the best customer service and deliver high-demand solutions leading our world towards a better tomorrow. Selected from a global industry analysis of information technology vendors, which included established large companies, mid-size and new start-ups around the world, Crossroads Systems has advanced to the finalists stage based on the "4Ps" selection criteria -- namely Products, People, Performance and Potential. The coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. 2008 Hot Companies analysis encompasses companies in all areas of information technologies including security, wireless, storage, networking, software and communications. The Hot Companies 2008 evaluation process also assessed candidates for entrepreneurial spirit, seasoned executives with relevant experience, clear understanding of the segment of the IT market in which they are currently active and plan to stay active, products and solutions that are positioned to take advantage of emerging market opportunities, well developed revenue-growth models and clearly planned expansion strategies. The 2008 Hot Companies winners will be announced and honored at the 2008 "Executive Leadership Summit" hosted by Technosium 2008 (www.technosium.com) at the Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. Convention Center located in the heart of Silicon Valley, California from January 27 to 29, 2008. Crossroads Systems will be participating along with other key industry players at this event. Crossroads CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Rob Sims Rob Sims (b. December 6, 1983) is an American football offensive guard, who currently plays for the National Football League's Seattle Seahawks. He was drafted in round four, pick 128 of the 2006 NFL Draft. will be presenting the company's "4Ps" criteria to an audience of leading entrepreneurs, IT companies, venture capitalists, corporate strategists and global press. To see the complete list of finalists please visit http://www.technosium.com/hotcompanies/. "We are delighted that our company has reached the 2008 Hot Company Finalist stage," said Rob Sims, CEO & President at Crossroads Systems. "This further validates our position as a company poised to successfully overcome data availability Refers to the degree to which data can be instantly accessed. The term is mostly associated with service levels that are set up either by the internal IT organization or that may be guaranteed by a third party datacenter or storage provider. , resiliency and security issues faced by organizations today." About Crossroads Systems, Inc. Headquartered in Austin, Texas, Crossroads Systems is a leading provider of Business Information Assurance (BIA) solutions. Solutions from Crossroads serve the growing needs of data storage, business continuity, disaster recovery, information protection, risk management and BIA markets. Crossroads' offerings are designed to help companies store, manage and ensure the security, resiliency and access to their critical enterprise information. Crossroads' products are embedded in solutions from companies such as EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. ([R]), HP([R]), Quantum([R]) and Sun([R]). Crossroads (CRDS.PK) is currently traded on the Over the Counter Bulletin Board (OTCBB OTCBB See OTC Bulletin Board (OTCBB). ) and is a member of several key industry associations such as the Storage Networking Industry Association An association of producers and consumers of storage networking products, whose goal is to further storage networking technology and applications. The Storage Networking Industry Association, or SNIA (SNIA (Storage Networking Industry Association, San Francisco, CA, www.snia.org) An organization devoted to the advancement of mission critical storage systems. Founded in 1997, its goal is to determine the standards that must be developed to allow hosts and storage systems to interact via ). For more information about Crossroads Systems, please visit www.crossroads.com or call 1-866-BUY-CRDS / 1-866-289-2737. Forward-Looking Statements This release may include forward-looking statements. 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. (c) 2007 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All specifications are subject to change without notice. |
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