Releases

posted on 27 March 2008 10:35

Austin, Texas – March 26, 2008 - Crossroads Systems, Inc. (OTC Pink Sheets: CRDS.PK), a leading provider of data protection, security and connectivity solutions, wins the technology’s and customer’s industry’s highest worldwide data security recognition with the following awards: 2008 Hot Companies award from the 2008 Executive Summit, the 2008 Outstanding award for best overall solutions company and two product excellence awards for Crossroads’ Windows-based FileMigrator Agent (FMA) and Crossroads TapeSentry, its tape encryption solution.

2008 Hot Companies Award
From a network of more than 150 technology companies participating in Technosium 2008 and a list of twenty finalists, Crossroads has been voted ‘2008 Hot Company’, a recognition honored by Network Products Guide, the world’s leading publication on technologies and solutions.

The 2008 Hot Companies Award was presented to Crossroads Systems in a by-invitation-only room of C-level peers at the 2008 Executive Summit awards ceremony. The award reception included presentation of a plaque, a speech from Crossroads’ CEO Rob Sims and a photo session. The event was followed up by a live radio recording about industry need for Crossroads security offerings on the mytechnologylawyer.com web site available at:
http://easylink.playstream.com/jwilke/audio/win/radio_080129b.wma.

“It’s time for technology companies to focus on innovation and growth now,” says Rake Narang, Editor-n-Chief of Network Products Guide. “This award recognizes Crossroads’ position as a leading technology provider ensuring the rapid and global deployment of data protection solutions, business productivity augmentation and considerable IT cost-cuttings”.

2008 Outstanding Solution Provider Award
At a separate Technosium 2008 awards ceremony, Crossroads received the most prestigious 2008 Outstanding Solution Provider Award.

A panel of judges reviewed more than 400 suites of products offerings and voted Crossroads as the recipient of the 2008 Outstanding solution award. This great honor was awarded as a result of Crossroads’ on-going innovation efforts as well as is a result of the unmatched quality of its solution offerings with more than 125,000 data protection, security and connectivity solutions deployed worldwide over the last 11 years.

The Executive Summit team at Technosium 2008 was represented by technology companies from all over the world in the areas of networking, wireless, mobile, software, storage & security and included Dr. David L. Bradford from Stanford University, Laura Yecies, Vice President of Marketing & GM, Consumer - Check Point Software, Rob Chaplinsky, Co-Founder of Bridgescale Partners, Joe Gottlieb, Vice President - Corporate Strategy, McAfee, Inc., Sam Bhaumik, Senior Managing Director, Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC). Technology updates were provided at Technosium by over 150 technology companies from around the world including Cisco Systems, Inc, IBM, Juniper Networks, Intel, HP, Oracle and more.

A live radio recording about Crossroads’ solutions portfolio is available on the mytechnologylawyer.com web site at:
http://easylink.playstream.com/jwilke/audio/win/radio_080129b.wma

2008 Product Excellence Awards
Crossroads was further honored at Technosium 2008 Conference and Expo with two more awards:

- the 2008 Global Product Excellence in Encryption Solutions for its tape encryption solution, TapeSentry and

- the 2008 Global Product Excellence Award in Access Solution for its Windows-based FileMigrator Agent.

Crossroads was honored at an award ceremony held during Technosium 2008 Conference and Expo which is supported by Silicon Valley Communications, San Jose Mercury News, Wi-Fi Alliance, Trusted Computing Group, Information Security Professionals Association, Network Products Guide, Personal Broadband Industry Association, Covenant, Wireless Communications Alliance, Info Security Products Guide, Stanford Graduate School of Business and Smart Capitol Venture (SCV Network). For more details please visit www.technosium.com.

As vendors were not permitted to vote for their own products, winning the largest amount of awards appointed to one company confirms Crossroads leadership as a premier provider of data protection, security and connectivity solutions. Crossroads has been recognized for its outstanding products:

TapeSentry: TapeSentry provides the industry’s best price performance tape encryption appliance leveraging Crossroads’ network routing platform.

FileMigrator Agent (FMA): FMA is software solution providing intelligent file management for policy-based migration to more cost-effective Network-Attached Storage (NAS) or back-end archive systems.

To read more about all of the 2008 Info Security Global Product Excellence and Outstanding Awards, please visit:
www.infosecurityproductsguide.com/winners/2008/

“It’s a remarkable honor for Crossroads’ team to have its products, solutions and company recognized by the technology industry,” said Rob Sims, CEO & President at Crossroads Systems. “We look forward to continuing to provide award-winning data protection solutions in 2008 to our quickly-expanding customer and partner base."

About Technosium’s 2008 Executive Leadership Summit
Technosium 2008’s Executive Leadership Summit and Conference and Expo is supported by Silicon Valley Communications, San Jose Mercury News - The Newspaper of Silicon Valley, Wi-Fi Alliance, Trusted Computing Group, Information Security Professionals Association, Network Products Guide, Personal Broadband Industry Association, Covenant, Wireless Communications Alliance, Info Security Products Guide and Stanford Graduate School of Business. For more details please visit www.technosium.com.

About Info Security Products Guide Awards
Info Security Products Guide, published by Silicon Valley Communications, plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow’s technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that facilitate in making the most pertinent security decisions. The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.

About Crossroads Systems, Inc.
Headquartered in Austin, Texas, Crossroads Systems is a global leading provider of data security, resiliency and connectivity solutions. Crossroads (symbol: CRDS) trades over-the-counter on Pink Sheets and posts its financial disclosure reports, press releases and other related documentation on the OTCIQ web service of the Pink Sheets Web Site. More information about Crossroads Systems, Inc is available at www.crossroads.com.

^{[Formatted by Majid Soltani.]}