AUSTIN, TX--(Marketwire - Nov 29, 2012) - Crossroads Systems, Inc. (
Crossroads Systems originally filed a lawsuit in September of 2010 against Rorke Data and a separate lawsuit against Infortrend Corporation in January 2012. Both suits claimed the two companies sold solutions that violated Crossroads' U.S. Patent Nos. 6,425,035 and 7,051,147 which cover the ability to control access between hosts and storage devices in a networked storage environment. Crossroads is the exclusive owner of these patents.
Crossroads granted both Rorke Data and Infortrend Corporation a nonexclusive license to these patents and the parties settled all claims arising out of the litigation. Infortrend Corporation also agreed to drop a counter-suit alleging patent infringement by Crossroads.
About Crossroads Systems
Crossroads Systems, Inc. (
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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.
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