Overland Storage and Mobotix Announce Strategic Alliance to Deliver High-Availability Video Surveillance Solutions

SAN DIEGO , Oct. 9 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL) today announced the formation of a strategic, global alliance with Mobotix Vision Systems, the leader in high-resolution IP network cameras, to deliver video...

"Mobotix and Snap Server provided the perfect solution," says SNP Security consultant Neil Whipp , who was instrumental in the implementation. "By combining Mobotix and Overland Snap Server in a joint solution, we were able to provide this customer with distributed intelligence combined with distributed storage."

Overland's Snap Server NAS solutions offer exceptional price/performance for individuals, remote offices, workgroups, departments, and distributed enterprises. Whether a fixed capacity system is required or one capable of providing massive scalability, Snap Servers' ease of use paired with "set it and forget it" reliability will minimize the demand for IT resources while lowering the total overall cost (TOC) of any storage solution.

About Mobotix

Based in Kaiserslautern, Germany , Mobotix is the technology leader for high-resolution network cameras. The company is best known as the leading pioneer in network camera technology and for its unique decentralized concept, which has made the implementation of high-resolution video systems more cost-efficient. For more information, visit http://www.mobotix.com.

About Overland Storage

Overland Storage provides affordable end-to-end data protection solutions that are engineered to store smarter, protect faster and extend anywhere -- across networked storage, media types, and multi-site environments. Overland Storage products include award-winning NEO SERIES(R) and ARCvault(TM) tape libraries, REO SERIES(R) disk-based backup and recovery appliances with VTL capabilities, Snap Server(R) NAS appliances, and ULTAMUS(TM) RAID high-performance, high-density storage. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com.

Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "believe," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and the company's actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include: unexpected delays or costs related to the acquisition and integration of the Snap business; possible delays in new product introductions and shipments; failure to achieve desired benefits from cost-cutting measures; market acceptance of the company's new product offerings; the ability to maintain strong relationships with branded channel partners; the timing and market acceptance of new product introductions by competitors; worldwide information technology spending levels; unexpected shortages of critical components; rescheduling or cancellation of customer orders; loss of a major customer; general competition and price pressures in the marketplace; the company's ability to control costs and expenses; and general economic conditions. Reference is also made to other factors detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Overland, Overland Storage, REO Series, REO, NEO Series, NEO, ARCvault Series, ARCvault ULTAMUS and Snap Server are trademarks of Overland Storage, Inc.

SOURCE Overland Storage, Inc.