Crossroads Systems- David Cerf to Speak on Overcoming Data Storage Challenges During NAB Show 2013

Crossroads Systems- David Cerf to Speak on Overcoming Data Storage Challenges During NAB Show 2013

AUSTIN, TX — (Marketwired) — 04/04/13 — Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, today announced that David Cerf, executive vice president of corporate and business development, is scheduled to speak at NAB Show 2013 in Las Vegas during the following three sessions:Title: "Solving Data Archiving for Today, Tomorrow and the Future"
Program: Post Pit at NAB (Hollywood Post Alliance)
Date and Time: Monday, April 8 from 1 to 1:20 p.m.
Locati

Crossroads Systems Announces $8.6 Million Private Placement

Crossroads Systems Announces $8.6 Million Private Placement

AUSTIN, TX — (Marketwire) — 03/25/13 — Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, today announced that it has entered into a securities purchase agreement with certain accredited investors for a private placement of 4,231,654 shares of Crossroads- newly designated 5.0% Series F Convertible Preferred Stock ("Convertible Preferred") and warrants to purchase 2,115,829 shares of its common stock. The Convertible Preferred and warrants will be

Crossroads Systems Reports Fiscal First Quarter 2013 Financial Results

Crossroads Systems Reports Fiscal First Quarter 2013 Financial Results

AUSTIN, TX — (Marketwire) — 03/12/13 — Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, reported financial results for its fiscal first quarter ended January 31, 2013.Revenue for fiscal Q1 2013 increased 38% to $3.6 million from $2.6 million in the same quarter a year ago. The increase was due to the addition of StrongBox® revenue.Gross profit for fiscal Q1 2013 was $2.6 million, or 73% of total revenue, as compared to $2.3 million or 88% of total rev