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Crossroads Systems Named As Finalist for Three 2007 American Business Awards(SM).


5(th) Annual Stevie[R] Awards Will Be Presented June 11(th) in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 

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 Business Information Assurance (BIA BIA
abbr.
Bureau of Indian Affairs
) solutions for guaranteed access, resiliency and security of enterprise information, today announced it has been named a finalist in three categories of the 2007 American Business Awards. Crossroads stands as a finalist in the "Most Innovative Company" and "Best Business Turnaround" categories, as well as the "Best Executive" category honoring 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. , President and 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.  of Crossroads.

Hailed as "the business world's own Oscars" (New York Post The New York Post is the 13th-oldest newspaper published in the United States and the oldest to have been published continually as a daily.[3] Since 1976, it has been owned by Australian-born billionaire Rupert Murdoch's News Corporation and is one of the 10  , April 27, 2005), The American Business Awards is the only national, all-encompassing awards program honoring great performances in business. Stevie Award winners will be announced during the annual gala on Monday, June 11 at the Marriott Marquis Hotel in New York City. More than 700 executives from across the U.S.A. are expected to attend. The ceremonies will be videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore Larry Wilmore (b. 1962) is an American television producer, writer, comedian, and actor.

He has been working in television for nearly thirty years, primarily as a writer.
 of TV's THE DAILY SHOW with JON STEWART Not to be confused with John Stewart or John Stuart.

Jon Stewart (born Jonathan Stuart Leibowitz on November 28,1962) is an American comedian, satirist, actor, writer, and producer.
.

More than 2,000 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service, and Best Corporate Social Responsibility Program.

Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners this week from among Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May. Nicknamed the Stevie for the Greek word "crowned," the elegant Stevie trophy was designed by the same company that makes the Oscar and the Emmy.

"Being named a Finalist in The American Business Awards is an important achievement," said Michael Gallagher Michael Gallagher is the name of several different people:
  • Michael Gallagher (bishop), bishop of the Roman Catholic Archdiocese of Detroit
  • Michael Gallagher (US politician), the Assistant Secretary for Commerce and Information in the United States Department of Commerce
, founder and president of The Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."

"Being named as a finalist in three categories for The 2007 American Business Awards is an amazing accomplishment for Crossroads and our team," said Rob Sims, President and CEO of Crossroads Systems. "Crossroads' ability to execute against a unique strategy focused on the security, resiliency and accessibility of data reflects upon the intellectual and creative diversity of our team."

Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.

Premier Sponsors of The 2007 American Business Awards include EMCOR Group, Silverjet, and ValueVision Associates. Presentation sponsor is the German State of Bavaria's U.S. Office for Economic Development. Supporting sponsors include Harris Corporation, High Performance Technologies Inc., John Hancock, Starwood Hotels & Resorts, and Ultimate Software. Media sponsors include the Business TalkRadio Network, Chief Executive, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
 Decisions, CRMAdvocate, and Human Resource Executive. The Business TalkRadio Network will host the live radio broadcast of the June 11 awards ceremonies, and HB Group will videocast the ceremonies worldwide.

About The Stevie Awards

Hailed as "the business world's own Oscars," Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

About Crossroads Systems, Inc.

Crossroads Systems is a leading provider of Business Information Assurance (BIA) solutions. Headquartered in Austin, Texas, Crossroads serves the growing needs of data storage, business continuity, disaster recovery, information protection, risk management and business information assurance 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. , HP, Quantum and SUN as well as are sold through several sales channels such as value-added resellers, distributors, system integrators and consulting firms. 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 866-BUY-CRDS / 866.643.7148.

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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2007
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