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LAS VEGAS, NV -- (Marketwire) -- 04/17/12 -- NAB Show - Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data protection solutions and services, today announced its StrongBox® LTFS NAS is now used to power the new Permivault™ cloud-based data storage service offered by FUJIFILM Recording Media U.S.A., Inc. Crossroads and Fujifilm will jointly promote their partnership April 16-19 at the 2012 National Association of Broadcasters (NAB) Show in booths N6423 and C7525 at the Las Vegas Convention Center.

Providing both on-premise and off-site solutions for long-term active archiving and disaster recovery, the Permivault cloud storage service provides a secure storage architecture powered by StrongBox -- an enterprise-level storage solution that leverages Linear Tape File System (LTFS) technology, featuring the unparalleled scalability and economy of tape with the speed and accessibility of disk.

StrongBox from Crossroads Systems is a first-of-its-kind technology that addresses the media and entertainment (M&E) industry's need for low cost, easily accessible and highly reliable long-term media file preservation. It serves as a non-proprietary, file-based and fully portable storage solution for long-term data retention, serving as the industry's most cost-effective answer to ever-growing data storage requirements and seamlessly scaling for today, while future-proofing for tomorrow.

"Crossroads is pleased to see its StrongBox technology enable the use of tape as the storage medium for Cloud-based services such as Permivault," said David Cerf, executive vice president of business and corporate development at Crossroads Systems. "Through the innovative combination of disk and tape within StrongBox, those within the media and entertainment industry using Permivault will gain uncompromising access to their content in an affordable, online active archive."

"Permivault is a robust solution built upon proven technologies including the latest LTFS-based innovations within StrongBox from Crossroads Systems," said Peter Faulhaber, senior vice president, FUJIFILM Recording Media U.S.A., Inc. "It is an evolution of Fujifilm technologies that combines our expertise as the leading provider of professional broadcast video and data tape with our experience in the medical industry, securely storing sensitive patient data and complying with stringent regulatory requirements. Finally, with our certified, state-of the-art data center, we are well equipped to meet the online archiving needs of our customers in North America."

For more information on the NAB Show, visit www.nabshow.com.

About Fujifilm
FUJIFILM Recording Media U.S.A., Inc. is the US-based manufacturing, marketing and sales operations of professional broadcast video and data tape recording media for FUJIFILM Corporation. The company provides broadcast and data center customers and industry partners with a wide range of unique data center accessories, value-added services and programs. Based on a history of thin-film engineering and magnetic particle science such as Fujifilm NANOCUBIC technology, Fujifilm creates breakthrough data storage products. In 2011, Fujifilm had surpassed the 75 million milestone for the number of LTO Ultrium data cartridges manufactured since introduction, highlighting the company's leadership and success as a manufacturer of mid-range and enterprise tape media. For more information on Fujifilm Recording Media products, customers can call 800-488-3854 or go to www.fujifilmusa.com/tapestorage. To receive news and information direct from Fujifilm via RSS, subscribe free at www.fujifilmusa.com/rss.

FUJIFILM Holdings Corporation, Tokyo, Japan, brings continuous innovation and leading-edge products to a broad spectrum of industries, including electronic imaging, digital printing equipment, medical systems, life sciences, graphic arts, flat panel display materials, and office products, based on a vast portfolio of digital, optical, fine chemical and thin film coating technologies. The company was among the top 16 companies around the world granted U.S. patents in 2010, and in the year ended March 31, 2011, had global revenues of $25.8 billion*. Fujifilm is committed to environmental stewardship and good corporate citizenship. For more information, please visit www.fujifilmholdings.com.

* At an exchange rate of 86 yen to the dollar.

About Crossroads Systems
Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data protection solutions and services. Crossroads offers organizations proactive data security, intelligent storage connectivity, high performance, and significant cost savings. Founded in 1996 and headquartered in Austin, Texas, Crossroads holds more than 100 patents granted and pending and has been honored with numerous industry awards for innovation in data protection and storage. Visit www.crossroads.com.

Important Cautions Regarding Forward-Looking Statements
This press release includes forward-looking statements that relate to the business and 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, uncertainties relating to product development and commercialization, the ability to obtain, maintain or protect patent and other proprietary intellectual property rights, technological change in its industry, market acceptance of its products and services, future capital requirements, regulatory actions or delays, competition in general and other factors that may cause actual results to be materially different from those described herein. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. Crossroads Systems does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.

©2012 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.

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