Crossroads Expands Management Team

    Business Editors/High-Tech Writers

    AUSTIN, Texas--(BUSINESS WIRE)--April 28, 2005--Crossroads Systems, Inc. (NASDAQ:CRDS), a leading provider of highly secure storage and data management solutions, today announced the appointment of Valerie H. Savage to Chief Financial Officer and David Cerf to Executive Vice President of Business Development.
    "We are very pleased that Valerie and David have joined our management team," said Rob Sims, president and chief executive officer, Crossroads Systems. "Their reputation plus the combination of proven strategic and tactical execution are an exact fit for Crossroads. Both bring considerable talent and experience to the company as we continue to transform our business from a component-oriented focus to a complete solutions focus with emphasis on our OEM customers."
    Valerie brings a wealth of experience to Crossroads and has served as an independent business consultant to Crossroads since March 2005 and for several private and public companies since June 2000. Valerie served as vice president, worldwide client services for drkoop.com, Inc. from January 2000 to June 2000, and as associate vice president, investor relations from February 1999 to January 2000. From November 1998 to February 1999, Valerie served as chief financial officer for Ki-Soft, Inc., a privately held enterprise software company. From March 1996 to November 1998, Valerie served as investor relations officer for IntelliQuest Information Group, Inc. From January 1989 to March 1996, Valerie served as an independent business consultant. From December 1986 to December 1988, Valerie served as financial analyst to Kallestad Diagnostics. From November 1985 to December 1986, Valerie was a partner in a corporate services firm. From September 1982 to November 1985, Valerie served on the audit staff of Touche Ross & Co. Valerie holds a B.S. in accounting from the University of Texas at Dallas and is a Certified Public Accountant.
    David brings with him extensive experience in corporate development stemming from working hands-on in the growth of over ten national and international ventures. Prior to joining Crossroads, David served as the vice president of sales and business development for NexQL where he reoriented the business strategy towards a government enterprise focus for database acceleration solutions. David was also co-founder of 360World, a leader in multimedia and imaging technologies that he grew to servicing several large media firms in more than 50 cities. David previously served as managing director of Trade Associates, an international development firm, where he was responsible for building new sales networks and local offices in Europe, Asia, and the Middle East. During the 1980s, David founded the Dallas Business Incubator, which was one of the industry's first venture capital incubators and Dallas' first organization for encouraging the development of high-growth, start-up companies, which helped build over 50 firms from 1987 to 1990.

    About Crossroads Systems, Inc.

    With headquarters in Austin, Texas, Crossroads Systems (NASDAQ:CRDS) is a leading global provider of highly secure storage and data management solutions. Crossroads' solutions serve the growing data storage and data management markets, and are designed to help companies store, manage and ensure the integrity and availability of their data. Crossroads' products are in solutions from companies such as EMC, HP and StorageTek, and are distributed through partners such as ACAL, Bell Micro, DLT Solutions, Info-X, and Promark. Crossroads is a voting member of the Storage Networking Industry Association (SNIA) in both the United States and Europe. For more information about Crossroads Systems, please visit www.crossroads.com or call 800-643-7148.

    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.

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CONTACT: Crossroads Systems, Inc., Austin Valerie Savage, 512-928-6897 or 800-643-7148 info@crossroads.com

KEYWORD: TEXAS INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS SOFTWARE NETWORKING MANAGEMENT CHANGES SOURCE: Crossroads Systems, Inc.

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