Dynamic Solutions International OEMs Overland Storage REO With Protection OS and NEO Tape Library
October 17 2005 - 8:01AM
PR Newswire (US)
Performance, Reliability and Flexibility Seen as Critical to
Cutting Backup Windows for Financial Institutions SAN DIEGO, Oct.
17 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (NASDAQ:OVRL)
today announced that Dynamic Solutions International (DSI), a data
processing and storage management solution provider for the Unisys
and open-systems markets, has chosen to OEM the REO 4000(TM) and
REO 9000(TM) disk-based backup and recovery appliances with
Protection OS(TM) and the NEO 2000(TM) tape library. The selection
of these Overland products followed extensive evaluations of
competitive solutions and an accelerated certification period.
"Many of our customers are financial institutions struggling with
backup window and remote backup issues. They turn to DSI for
flexible solutions that ensure the highest performance, reliability
and overall advantage," explained Chris Johnson, vice president of
storage systems, DSI. "Overland Storage's REO and NEO provide the
ideal platform that allows DSI to meet even the most demanding
backup and recovery requirements of our customers." DSI selected
the high-performance REO 4000 with Protection OS and high-capacity
REO 9000 with Protection OS to offer its customers fast backup and
reliable recovery. Protection OS enables the REO to be configured
as any combination of virtual tape libraries, virtual tape drives
and/or disk volumes, providing maximum flexibility. Additionally,
branch office backup can be automated with the REO, which reduces
costly, cumbersome and unreliable manual processes for backing up,
centralizing and managing remote data. Together, these capabilities
are ideal for highly specialized and mission-critical environments,
such as the numerous financial institutions DSI serves. DSI also
chose the NEO 2000 tape library as the foundation for its newly
available Alpine L60 (ALPL60) Autoloader. With up to 30 cartridges
and two drives, the NEO 2000 is the ideal product for organizations
looking for high capacity at an affordable price. In addition, the
NEO can be deployed with an Overland Storage REO SERIES(TM)
appliance for a powerful disk-to-disk-to-tape solution. "We are
very pleased that DSI has recognized the unique capabilities and
powerful features of Overland's REO and NEO products," said
Christopher Calisi, president and chief executive officer, Overland
Storage. "By OEMing these products, DSI is offering its customers
the advanced data protection capabilities of the REO and NEO
families, providing them with powerful new options for protecting
their mission-critical data." Overland Storage has seen continued
market leadership with both the REO SERIES and NEO SERIES. Earlier
this year, Enterprise Strategy Group named Overland the leader in
disk-based backup and recovery systems, while Freeman Reports' 2005
annual Tape Library Outlook recognized Overland as first or second
in terms of unit volume for every major tape technology, including
LTO1, LTO2 and SDLT. More information on Overland's REO SERIES; NEO
SERIES; and Protection OS, REO's intelligent, embedded data
protection software, can be found at
http://www.overlandstorage.com/. About Dynamic Solutions
International For 32 years Dynamic Solutions International
(http://www.dynamicsolutions.com/) has supported the worldwide
financial community with innovative storage solutions including
virtual tape and solid state disk. DSI's storage experts are
uniquely qualified to design and implement the right storage
solution for clients large and small. About Overland Storage Now in
its 25th year, Overland Storage is a market leader and innovative
provider of simply protected storage solutions -- smart data
protection appliances and software modules designed to work
together, affordably, to ensure that information is automatically
safe, readily available and always there. Overland's award-winning
data protection solutions include the REO SERIES(TM) of disk-based
backup and recovery appliances, and the NEO SERIES(TM) of tape
libraries. 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 and satisfaction with current
prospects, as well as words such as "believe," "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 risks and uncertainties
associated with the company's acquisition of Zetta Systems, Inc.,
including possible integration difficulties and successful
execution of the business plan; possible delays in new product
introductions the new primary storage appliance to be based on the
Zetta software, the company's next generation tape library platform
and enhancements to its REO line; market acceptance of the
company's new product offerings; the timing and market acceptance
of new product introductions by competitors; the speed at which HP
transitions from the products it currently buys from the company to
its next-generation products to be purchased from another vendor;
delays, unbudgeted expenses, inefficiencies and production
problems; worldwide information technology spending levels;
unexpected shortages of critical components; rescheduling or
cancellation of customer orders; loss of a major customer; the
timing and amount of licensing royalties; 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 set forth in the company's
filings with the Securities and Exchange Commission, including the
"Risk Factors," "Management's Discussion and Analysis" and other
sections of the company's Form 10-K for the most recently completed
fiscal year. 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, NEO SERIES and
Protection OS are trademarks or registered trademarks of Overland
Storage, Inc. DATASOURCE: Overland Storage, Inc. CONTACT: Melinda
Hutcheon, PR Manager of Overland Storage, +1-858-495-4187, ; or
Stephen Greene of Brodeur, +1-617-587-2872, , for Overland Storage
Web site: http://www.dynamicsolutions.com/ Web site:
http://www.overlandstorage.com/
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