Overland Extends Distributed NAS Solutions with New Snap Server 620 & Enhanced, Next-Gen GuardianOS, Replication and Backup Soft

SAN DIEGO , Sept. 23 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL) today introduced the Snap Server(R) 620, a scalable, high- performance addition to its Snap Server NAS family along with major enhancements to its award-winning...

Initially, Zodo's IT experts deployed a Snap Server 520 NAS based on previous positive experiences with Snap Servers at Kinko's. The rapid rise of Zodo's video surveillance data, including upgrades to higher-resolution cameras and the desire to archive video on disk for up to 10 days, strained capacity, which, led to the recent upgrade to Overland's Snap Server 620 and GOS 5.0. According to Cindy Lawrenz , vice president of operations for Zodo's, the company is taking advantage of the Snap Server 620's expandable capacity while leveraging new GOS 5.0 functionality, including best-in-class Microsoft ACLs support, remote backup job monitoring and NTP server support for time- stamp synchronization on all computers and video cameras. "Overland provides a complete turnkey NAS solution with embedded data protection and enhanced security to safeguard sensitive files, folders and PCI compliance data," she explains. "The combination of Snap Server 620 and GOS 5.0 gives Zodo's a future-proof NAS foundation that scales easily while enabling us to integrate advanced functionality, like replication, to address evolving disaster recovery needs."

According to Terri McClure , analyst with The Enterprise Strategy Group, the additional enterprise-class functionality now embedded into the Snap Server 620 platform is well suited for the mid-range market. "Overland's Snap Server 620 enables SMB customers to 'right size' their storage environment while taking advantage of embedded functionality that provides a variety of enterprise-class capabilities," she says. "With this addition to the Snap Server NAS product line, Overland has further advanced the platform to meet growing mid-tier market needs for scalable capacity, enhanced security, integrated data protection and streamlined remote replication. ESG research indicates that more than 50 percent of the data in medium-sized businesses is file-based, so having a scalable NAS solution that can be easily managed, such as Overland's SnapServer, is essential for dealing with this type of data growth."

Snap Server 620 is currently available and existing Snap Server users can upgrade to GOS 5.0 and EDR 7.2. GuardianOS 5.0 enhancements are available for the entire Snap Server product line, including Snap Servers 650, 620, 520, 410, 210 and 110 models. BakBone's NetVault: Backup 8.1 is integrated into Snap Server models 650, 620, 520 and 410. The software is optional on Snap Servers 210 and 110. Additionally, Snap EDR 7.2 is available in both standard and express editions as optional software across the entire Snap Server family. The starting MSRP for Snap Server 620 with one terabyte base capacity is approximately $7,000.

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.