Crossroads Systems Appoints Chief Technology Officer

Crossroads Systems(R) Inc. (Nasdaq:CRDS), a leading global provider for storage networking solutions, today appointed David Boles as its chief technology officer (CTO), effective immediately. As CTO, Boles will serve the company as an executive-level subject matter expert on issues relating to the technologies required to achieve the company's strategic objectives. Boles will be directly responsible for driving Crossroads' vision for its Intelligence At The Edge strategy to deliver versatile, high performance, low latency solutions for improved utilization and management of storage and database resources.

"The appointment of David to the Chief Technology Officer position fills an important and strategic leadership role at Crossroads," said Rob Sims, president and CEO. "David's 15 years of technology and management experience in the software and enterprise computing industry will be a great asset as we continue to position the company for increased opportunities within existing as well as new and adjacent market segments with products designed to drive our Intelligence At The Edge corporate strategy."

Boles brings extensive experience to Crossroads in the areas of systems architecture and in the theoretical and practical sides of large-scale computing. Prior to joining Crossroads, Boles was responsible for system-level design in the areas of performance, manageability and operating system support at Newisys Inc., which was later acquired by Sanmina-SCI Inc. Previously, Boles served at Net Perceptions where he led the development of the company's core data mining software which relied upon large parallel-processing computer systems. Boles has also worked at Convex and HP where he led scalability enhancements for operating systems running on large-scale CC-NUMA systems. Boles' experience also includes working in the domain of large-scale scientific computing in geophysical analysis and acoustics. Boles earned dual Bachelors of Science degrees in Physics and Mathematics and a Masters of Science in Computer Science from the University of Texas at Austin.

Forward-Looking Statements

This release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are those detailed in Crossroads' filings with the Securities Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Crossroads expressly disclaims any obligation to release publicly any updates or revisions to the information contained in this press release, or to update or revise any forward-looking statements to reflect any changes in expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law.

Contacts

Crossroads Systems Inc., Austin
Jennifer Ray, 512-928-6897 or 800-643-7148
info@crossroads.com

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