Crossroads Systems Announces 1-for-4 Reverse Stock Split

Crossroads Systems Announces 1-for-4 Reverse Stock Split

AUSTIN, TX — (Marketwire) — 08/11/11 — Crossroads Systems, Inc. (the "Company") (PINKSHEETS: CRDS) will implement a one-for-four reverse stock split of its common stock, effective as of the close of business on August 12, 2011 in connection with its application to list its common stock on the Nasdaq Capital Market.Pursuant to the reverse stock split, each four (4) shares of issued common stock immediately prior to the effective time of the reverse stock split will be combined and r

Infonetics Research: Optical network hardware gains 21% year-over-year in Q2, Huawei and ZTE surge

BOSTON, MA — (Marketwire) — 08/11/11 — Market research firm today released its second quarter 2011 (2Q11) vendor market share report."Our expectations for single-digit market growth this year remain in reach. If global optical network equipment spending in the second half of 2011 is flat with the first half, total spending for 2011 will be up 6.5%," foresees , -s directing analyst for optical. "The strength of the optical market in the EMEA region needs to be qualified: 5% o

NetEx to Provide Free WAN Optimization Software for CA ARCserve Backup, CA ARCserve D2D Users

MINNEAPOLIS, MN — (Marketwire) — 08/10/11 — ®, a leading company providing a WAN optimization virtual appliance solution, today announced that it is offering free WAN optimization software for users of CA ARCserve® Backup and CA ARCserve D2D to accelerate data replication over WANs by addressing the challenges of network conditions such as packet loss, latency and jitter that can negatively affect throughput and performance of backup and recovery at remote and branch office location