Crossroads Systems CEO to Speak at Merriman Curhan Ford & Co.'s Investor Summit 2006.
With more than 27 news announcements so far in 2006 -- including two new product lines, nine new products and one new partnership program, Crossroads selected the MCF Summit as a public venue where the investment community can gain a significant insight into Crossroads' track record, its latest developments and its growth strategy.
In February 2006, Crossroads announced the expansion of its offerings from pure Storage Area Network (SAN) routing products to an entire suite of Business Information Assurance (BIA) solutions. With Crossroads' new BIA solutions, companies of any size and governmental agencies are able to gain cost-effective access, guaranteed the resiliency of their storage environment and dramatically increase the security of their information. This constitutes an important strategic shift as Crossroads continues to expand its product offerings to deliver logical data protection, a solution area that currently causes 39 percent of today's corporate downtime, but for which no fully-integrated, cost-efficient and highly reliable solution has been provided thus far.
Given the astonishing data explosion rate, alarming amount of significant disasters and increasingly complex IT environments, companies must employ physical and logical data protection solutions that allow them to ensure the continuity of their business activities while enabling them to comply with fast-emerging compliance requirements. Crossroads has developed lines of products that provide logical data protection in a simplified, centralized and cost-efficient manner.
Focused on developing strong relationships with its partners, Crossroads' new BIA Partnership Program complements Crossroads' product expansion and fuels its sales by offering custom programs designed to assist a new category of Crossroads' partners, BIA Partners, which include Value-Added Resellers (VARs), System Integrators (SIs) and consulting firms. Through its joint solutions with all of its partners, Crossroads plans to expand its market leadership into Business Information Assurance's estimated $200B marketspace.
MCF Investor Summit 2006, a Merriman Curhan Ford & Co. event, attracts influential institutional investors and executives to engage with more than 150 rapidly growing public and private companies in the technology, gaming, consumer, healthcare, next-generation energy and telecommunications sectors. As Crossroads is developing solutions that meet today's corporate profitability and compliance requirements for companies in all industries, MCF not only offers an opportunity for investors to gain a better understanding of Crossroads' solutions, but also enables attending growing companies to learn more about Crossroads' solutions for their current and upcoming needs. Over the course of the event, Crossroads will be given the opportunity to be introduced to leading investors and companies in the various sectors.
Sims is scheduled to present a corporate overview of Crossroads Systems, including the continued success of its Business Information Assurance (BIA) initiative. Set for 3:00 pm on September 19th, Sims' presentation addresses the expanding base of Crossroads Systems' BIA solutions, a discussion surrounding the need for BIA in today's technology-dependent world and future Crossroads objectives.
"The Investor Summit 2006 stands as an excellent venue to share the ongoing successes of Crossroads' BIA initiatives," said Rob Sims, President and CEO of Crossroads Systems. "Crossroads Systems welcomes the opportunity to participate in Investor Summit 2006, as it demonstrates our commitment to informing the investment community of Crossroads' exciting developments -- new products, acquisitions, intellectual property developments, the BIA Partner Program and the overall corporate philosophy of Crossroads Systems. The summit also provides a forum to discuss the continued growth of Crossroads as a leader in the BIA sector due to the trend of converging storage and security technologies."
Crossroads welcomes investors to schedule one-on-one in-person or phone meetings with Rob Sims by contacting Scott Griffith at email@example.com or Anyck Turgeon at firstname.lastname@example.org.
For more information on Investor Summit 2006, please visit http://www.merrimanco.com/home/conferences/index_summit2006.php#.
About Merriman Curhan Ford & Co. and MCF Corporation
Merriman Curhan Ford & Co. is a securities broker-dealer and investment bank focused on fast-growing companies and growth-oriented institutional investors. It provides investment research, brokerage and trading services primarily to institutions, as well as advisory and investment banking services to corporate clients. Its mission is to become a leader in the researching, advising, financing and trading of fast-growing companies. Merriman Curhan Ford & Co. is registered with the Securities and Exchange Commission as a broker-dealer and is a member of the National Association of Securities Dealers, Inc. and SIPC.
MCF Corporation (AMEX:MEM) is a financial services holding company that provides investment research, capital markets services, asset management, wealth management, corporate and venture services, and investment banking through its operating subsidiaries, Merriman Curhan Ford & Co., MCF Asset Management, LLC, and MCF Wealth Management, LLC.
About Crossroads Systems, Inc.
With headquarters 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 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, HP, Quantum and SUN. Crossroads (CRDS.PK) is currently traded on the Over the Counter Bulletin Board (OTCBB) and is a member of several key industry associations such as the Storage Networking Industry Association (SNIA). For more information about Crossroads Systems, please visit www.crossroads.com or call 1-866-BUY-CRDS/1-866-289-2737.
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) 2006 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All specifications are subject to change without notice.