Sphere 3D Signs Strategic Alliance Agreement to Expand Digital Learning in Public Schools
May 12 2015 - 11:34AM
Sphere 3D Corp. (Nasdaq:ANY), a virtualization and data management
solutions provider, today announced a partnership with an education
service center in the southern United States supporting the digital
learning needs of over one million public school students in their
immediate region, and with the reach to provide their technology
services throughout their entire state. This partnership aligns
with Sphere 3D's strategy to securely deliver Windows applications
and specialized educational and digital learning software on a
number of end user client devices certified for use in the
education sector.
Under the terms of this five-year education partner agreement,
the education service center will provide schools with installation
services for Sphere 3D's virtualization solutions, and will be
certified to resell, promote, service and support Sphere 3D's
complete virtualization and data management product
portfolio.
In addition, Sphere 3D and the regional service center will
jointly contribute to a philanthropic fund focusing on providing
technology to under-represented and under-served educational
regions in their state. Additional details of this fund, and
how schools can access it, will be available later this year.
"In today's digital learning environment, schools recognize that
an increased access to technology would augment the overall
testing, assessment and learning experience for students in their
districts," said Eric Kelly, Chairman and CEO of Sphere 3D Corp.
"The 2014 SIIA Education Technology Report estimated the pre K-12
segment software and digital resource expenditures in the U.S. to
be $8.4 billion. By partnering with large service centers, we are
able to quickly scale our reach into the education sector for
delivering our virtual application solutions in support of end-user
computing applications on a variety of devices."
About Sphere 3D
Sphere 3D Corp. (Nasdaq:ANY) is a virtualization technology and
data management solutions provider with a portfolio of
workload-optimized solutions that address IT needs for delivering
productivity through workspace and data infrastructure and
management. Dedicated to continue to lead through innovation,
Sphere 3D enables the integration of virtual applications, virtual
desktops, and storage platforms, allowing organizations to deploy a
combination of public, private or hybrid cloud strategies. Sphere
3D's Glassware 2.0® platform delivers virtualization of some of the
most demanding applications in the marketplace today, making it
easy to move applications from a physical PC or workstation to a
virtual environment. Sphere 3D's V3 hyper-converged infrastructure
solutions include one of the industry's first purpose-built
appliances for virtual workspace workloads and the Desktop
Cloud Orchestrator™ management software for VDI. Overland Storage
and Tandberg Data, wholly-owned subsidiaries of Sphere 3D, provide
an integrated range of technologies and services for primary,
nearline, offline, and archival data storage that make it easy and
cost-effective to manage different tiers of information over the
data lifecycle. For more information, visit www.sphere3d.com.
Safe Harbor Statement
This press release contains forward-looking statements that
involve risks, uncertainties, and assumptions that are difficult to
predict. Actual results and the timing of events could differ
materially from those anticipated in such forward-looking
statements as a result of risks and uncertainties including,
without limitation, unforeseen changes in the course of Sphere 3D's
business or the business of its wholly-owned subsidiaries,
including, without limitation, Overland Storage and Tandberg Data;
any increase in Sphere 3D's cash needs or our inability to obtain
additional debt or equity financing; market adoption and
performance of our products; possible actions by customers,
suppliers, competitors or regulatory authorities; and other risks
detailed from time to time in Sphere 3D's periodic reports
contained in our Annual Information Form and other filings with
Canadian securities regulators (www.sedar.com) and in prior
periodic reports filed with the United States Securities and
Exchange Commission (www.sec.gov), and risks detailed in the Form
F-4/A relating to Sphere 3D's merger with Overland Storage filed
with the SEC. Sphere 3D undertakes no obligation to update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
CONTACT: Media Contact:
Pattie Adams
Director, Global Corporate Communications
+1 408/283-4779
pattie.adams@sphere3d.com
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