It's a hybrid from the 90s and would make a nice conversion into a cyclocross bike because those 90's hybrids in a lot of ways were cyclocross bikes: 700c wheels with nice clearance, relaxed angles, cantilever brakes. Exage 400lx would be roughly equivalent to... Alivio, I'd say. Maybe Deore. They're a bit too old to draw an equivelency, but generally were decent components. If they are in good shape they'll work and function fine (I've got a mtb with exage 500lx), they just aren't exactly zoot stuff.