Crossroads reports profit, revenue down Crossroads Systems Inc., a storage networking connectivity provider, reported results for its fiscal first-quarter ending Jan. 31, 2005. Net income loss for Q1 2005 was $3 million, compared to $2.5 million net loss in the last quarter of 2004, and a net loss of $1 million in the first quarter of last year. Crossroads' Q1 2005 revenue was $4.7 million, a drop from $6.6 million in Q4 of 2004, and an even larger drop from $7.1 million in Q1 of last year.
Xyratex ships millionth test slot Xyratex Ltd., a provider of storage subsystems and disk-drive test products, announced that the company had shipped its millionth disk drive production test slot from the organization's Asia-Pacific production facility based in Seremban, Malaysia. Xyratex's test systems are used in the final qualification
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stages of disk drives, where the magnetic surfaces of each disk are scanned to remove any magnetic defects. Kingston Acquires Technica British telecom company Kingston Communications Plc. announced the acquisition of Technica UK Ltd., a supplier of network storage services in the U.K. Technica works with strategic partners to provide services including design, implementation and management of customers' storage. Technica has partner relationships with EMC, Dell Inc., Hitachi Data Systems Inc. and Veritas Software Corp.
Exastore wins awards for best complete storage system ExaStore 2.0, Exanet's clustered NAS product was named "Best Complete Storage System" at the Network Storage Conference in Milpitas, Calif., earlier this week. The panel of judges included experts from IBM, Sun Microsystems Inc., Computer Technology Review, Mesabi Group and Peripheral Concepts Inc.
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