Crossroads Systems Names New Vice President of Sales and Business Development.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--May 12, 2003 Crossroads Systems Inc. (Nasdaq: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 global provider for storage networking solutions, today named John Cummings For other persons named John Cummings, see John Cummings (disambiguation). John Scott Cummings (born July 6, 1943) is a British politician. He is the Labour Member of Parliament for Easington. as its vice president of sales and business development. Prior to joining Crossroads, Cummings served as the worldwide senior vice president of sales and business development for ProvisionSoft Inc., a leading provider of application-driven automated storage and server provisioning software. Cummings previously worked for Sun Microsystems Inc., (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ) where he held the title of Director of Sales for Financial Services (North East U.S.). While at Sun, Cummings played a central role in moving the sales focus to enterprise solutions for the insurance, securities and banking industries. Cummings has also held executive sales management and operations positions at such companies as SunGard Business Integration (formerly Mint Communication Systems), an operating group of SunGard (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), and Sangate Systems Inc., a developer of data replication solutions for the enterprise data center. Cummings holds a BA from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . "We are pleased to welcome John to the Crossroads executive management team," said Brian R. Smith, Crossroads chairman and chief executive officer. "Crossroads stands to benefit significantly from John's 24 years of experience in sales, operations, and business development roles." 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 Fujitsu-Siemens, Hewlett-Packard and StorageTek, and are distributed through partners such as ACAL ACAL Asociación de Archiveros de Castilla Y León (Castille and Leon, Spain) ACAL Academia de Ciencias de América Latina (Spanish: Academy of Sciences of Latin America, Venezuela) , ARROW, XIOtech and Tidal Wire. Crossroads is a voting member of 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 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 deteriorating economic environment, including, in particular, related expense reductions by organizations affecting their IT spending and budget; the effect of competition; the effect of undetected software or hardware errors; 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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. |
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