Crossroads Systems, Inc. (Pink Sheets:CRDS), a leading
provider of Business Information Assurance (BIA) solutions for
guaranteed access, resiliency and security of enterprise information,
today announced that the European Patent Office has issued the company
a Certificate of Grant for European application EP 1 044 414 B1. This
European patent is the equivalent to Crossroads U.S. patent 5,941,972
covering storage routers and a method for providing virtual local
storage and access control -- a security feature for preventing
unauthorized host access to shared storage devices.
Crossroads currently holds five active international patents, 32
active U.S. patents and 52 patent applications in progress. Providing
Crossroads industry presence with a more global stance, this latest
European patent significantly expands Crossroads BIA reach beyond its
current U.S. licensing agreements for its access control technology.
"This new European patent underscores Crossroads strong legacy of
innovation in Business Information Assurance," said Rob Sims,
President and CEO of Crossroads Systems. "Our access control
technology is the foundation of secure data storage. We are pleased to
extend this technology into Europe and other international markets, as
it strengthens our clear leadership position within the market.
Crossroads sees the European market as a vital piece of our expanding
customer base."
"Crossroads commitment to its patent program reflects the
company's desire to safeguard its intellectual property, expand its
customer base and architect key security-focused solutions," said
Steve Sprinkle, partner at Sprinkle IP Law Group and Crossroads IP
attorney. "The resulting patent portfolio continues to contribute to
Crossroads success through licensing revenue, establishing technology
partnerships and reaching new security-focused clientele."
About Crossroads Systems, Inc.
With headquarters in Austin, Texas, Crossroads Systems is a
leading provider of Business Information Assurance (BIA) solutions.
Crossroads solutions serve the growing data storage, business
continuity, disaster recovery, information security and business
information assurance markets and are designed to help companies
store, manage and ensure the security, resiliency and accessibility of
their data. Crossroads products are in solutions from companies such
as EMC, HP, Quantum and SUN and are distributed through partners such
as ACAL, Bell Microproducts, Info-X and Promark. Crossroads (CRDS.PK)
is currently traded on the Over The Counter ("OTC") Bulletin Board.
Crossroads is a member of the Storage Networking Industry Association
(SNIA). For more information about Crossroads Systems, please visit
www.crossroads.com or call 800-BUY-CRDS / 800-643-7148.
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) 2006 Crossroads Systems, Inc. Crossroads and Crossroads
Systems are registered trademarks of Crossroads Systems, Inc. All
specifications are subject to change without notice.
