AUSTIN, Texas, Feb. 22, 2016 /PRNewswire/ -- Crossroads Systems,
Inc. (NASDAQ: CRDS) today announced it will hold a conference call
on Thursday, March 10, 2016 at
4:30 p.m. Eastern Time (3:30 p.m. Central Time) to discuss its fiscal
first quarter results ended January 31,
2016. Financial results will be issued in a press release
after close of market on the same day.
Richard K. Coleman, Jr.,
President and CEO, and CFO Jennifer
Crane will host the presentation followed by a question and
answer period.
Date: Thursday, March 10, 2016
Time: 4:30 p.m. Eastern Time
(3:30 p.m. Central Time)
Dial-In Number: (888) 505-4375
International: (719) 457-2085
Conference ID: 385531
To access the live or recorded webcast, visit:
http://edge.media-server.com/m/p/bcf2fusd
Please call the conference telephone number 5-10 minutes prior
to the start time. An operator will register your name and
organization. For those unable to listen to the live call, a
webcast replay of the call will be available the day after the call
in the Investor Relations Events & Presentations section of the
Crossroads website.
About Crossroads Systems
Crossroads Systems, Inc.
(NASDAQ: CRDS) is a global provider of data storage solutions.
Through the innovative use of new technologies, Crossroads delivers customer-driven solutions
that enable proactive data security, advanced data archiving,
optimized performance and significant cost-savings. Founded in 1996
and headquartered in Austin, TX,
Crossroads has been awarded more
than 100 patents and has been honored with numerous industry awards
for data archiving, storage and protection. Visit
www.crossroads.com.
Important Cautions Regarding Forward-Looking
Statements
This press release includes
forward-looking statements that relate to the business and expected
future events or future performance of Crossroads Systems, Inc. and
involve known and unknown risks, uncertainties and other factors
that may cause its actual results, levels of activity, performance
or achievements to differ materially from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. Words such as, but not
limited to, "believe," "expect," "anticipate," "estimate,"
"intend," "plan," "targets," "likely," "will," "would," "could,"
and similar expressions or phrases identify forward-looking
statements. Forward-looking statements include, but are not limited
to, statements about Crossroads Systems' ability to implement its
business strategy, including the transition from a hardware storage
company to a software solutions and services provider, its ability
to expand its distribution channels, its ability to maintain or
broaden relationships with existing distribution channels and
strategic alliances and develop new industry relationships, the
performance of third parties in its distribution channels and of
its strategic alliances, the potential market for our data storage
products, changes in the fair value of its derivative instruments
and its ability to achieve or maintain profitability. The future
performance of Crossroads Systems may be adversely affected by the
following risks and uncertainties: uncertainties relating to
product development and commercialization, uncertain market
acceptance of Crossroads Systems products, including StrongBox,
intense competition in the data protection and storage markets,
variations in quarterly results and a consequence of unpredictable
sales cycles and other factors, the ability to obtain, maintain or
protect patent and other proprietary intellectual property rights,
developments in litigation to which we may be a party,
technological change in the industry, future capital requirements,
regulatory actions or delays and other factors that may cause
actual results to be materially different from those described or
anticipated by these forward-looking statements. For a more
detailed discussion of these factors and risks, investors should
review Crossroads Systems' reports on Form 10-K, Form
10-Q, Form 8-K and other reports filed with the
Securities and Exchange Commission, which can be accessed through
the SEC's website or by clicking "SEC Filings" on the Company's
Investor Relations website
at http://investors.crossroads.com. Forward-looking
statements in this press release are based on management's beliefs
and opinions at the time the statements are made. All
forward-looking statements are qualified in their entirety by this
cautionary statement, and Crossroads Systems undertakes no
duty to update this information to reflect future events,
information or circumstances.
©2016 Crossroads Systems, Inc., Crossroads and Crossroads Systems are
registered trademarks of Crossroads Systems, Inc. All trademarks
are the property of their respective owners. All specifications are
subject to change without notice.
Company
Contact:
Investor Contact:
Jennifer
Crane
Mark Hood
Crossroads
Systems
Crossroads Systems
ir@crossroads.com
ir@crossroads.com
512.928.6897
512.928.7330
Press Contact:
Matthew Zintel
Zintel Public Relations
matthew.zintel@zintelpr.com
281.444.1590
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SOURCE Crossroads Systems