Crossroads Systems Adds Elliott Brackett to Its Board of Directors
AUSTIN, Texas, Oct 14, 2008 (BUSINESS WIRE) -- Crossroads Systems, Inc. (OTC Pink Sheets: CRDS), a leading provider ofbusiness information assurance solutions with reliable data protection, robust security and high-connectivity solutions, today announced the addition of Elliott Brackett to its board of directors, bringing the total to five members.
Elliott Brackett, 43, brings 20 years of experience in new product funding, marketing, acquisitions and turnarounds. Throughout his career, Elliott has been focused on introducing new products to mass markets, gaining international brand recognition and turning companies profitable within the shortest possible time.
In 1988, Mr. Brackett purchased Lifetime Automotive Products from bankruptcy and turned this manufacturer of patented windshield wipers into an overnight success story. Within 18 months, he grew sales from $250,000 to over $48 million dollars annually and developed an impressive track record of large revenue opportunities. Lifetime Automotive's product sales now exceed 50 million units with total retail sales in excess of $380 million yearly. Subsequently, Mr. Brackett co-founded Encrypto Inc., a private defense-related electronics company-and has also been one of the key founders of NexQL. Mr. Brackett currently serves as a consultant for SCA Promotions and Davis Technologies International.
"Elliott has gained a successful track record creating and leading marketing campaigns for newly launched products and driving sales to achieve profitability within record timeframes," said Rob Sims, CEO of Crossroads Systems. "I look forward to working with Elliott to increase awareness of our new suite of solutions and help us penetrate the expanding storage and security markets."
About Crossroads Systems, Inc.
Headquartered in Austin, Texas, Crossroads Systems is a global leading provider of business information assurance solutions for cost-effective data security, resiliency and connectivity solutions. Crossroads (symbol: CRDS) trades over-the-counter on Pink Sheets and posts its financial disclosure reports, press releases, and other related documentation on the OTCIQ Web service of the Pink Sheets Web Site. Visit www.crossroads.com.