Overland Storage Ships More Than 1,500 ARCvault Products to Speed Adoption of High-Capacity, Affordable Tape Automation
December 13 2006 - 6:30AM
PR Newswire (US)
New Autoloaders and Small Tape Libraries Gain Continuing Market
Traction as SMB Customers Leverage 50 Percent More Capacity at a
More Affordable Cost per Gigabyte SAN DIEGO, Dec. 13
/PRNewswire-FirstCall/ -- Overland Storage, Inc. (NASDAQ:OVRL), a
leading provider of tape- and disk-based backup and recovery
solutions, has shipped more than 1,500 ARCvault SERIES(TM) tape
libraries and autoloaders to cost effectively and easily backup and
archive large amounts of data. Ideally suited for small or
medium-sized businesses as well as remote offices of larger
organizations, the ARCvault family combines high-capacity,
affordable storage with unsurpassed simplicity to reduce overall
data protection costs and complexities. Introduced in July, the
ARCvault 12 autoloader and ARCvault 24 rack-optimized tape library
are gaining substantial market traction where capacity, simplicity
and affordability are key. The series provides up to 19.2 TB of
storage -- 50 percent more capacity at up to 30 percent lower cost
per gigabyte than competing products. Additionally, the ARCvault
series supports industry-leading features often found in higher-end
and more expensive tape libraries, including touch-screen,
front-panel configuration; web-based remote management; automated
backup and archival; removable cartridge magazines and barcode
support for enhanced media management. "The ARCvault family
addresses ever-increasing data protection requirements by blending
high-capacity and unsurpassed simplicity to deliver the best
overall value for entry-level tape automation," said Peri Grover,
director of product management at Overland Storage. "As a result,
early ARCvault adoption has surpassed our expectations with
deployments continuing to accelerate among organizations seeking
highly effective and more affordable backup and archival." ARCvault
integrates seamlessly into existing backup environments and can be
easily deployed as part of a disk-to-disk-to-tape (D2D2T) solution.
Many SMBs are looking for more comprehensive data protection
including both disk and tape but have found the combined solutions
too costly to implement. Overland's ARCvault, however, removes
price and performance barriers, enabling IT managers to deploy a
tiered storage approach for optimum data protection. The
combination of ARCvault with Overland's REO SERIES(TM) disk-based
VTL backup and recovery appliance gives organizations of all sizes
a highly effective D2D2T strategy. "With solid features and
competitive differentiators, ARCvault is fulfilling the need for
high capacity, cost-effective and easy-to-use tape automation for
backup and archival of critical data," said Brian Garrett, industry
analyst for the Enterprise Strategy Group. Both ARCvault 12 and
ARCvault 24 offer support for industry-leading LTO-2 and LTO-3 tape
drive technologies in a space- and cost-saving 2u form factor. For
users with higher performance requirements, the ARCvault 24 library
supports dual LTO tape drives. Unlike competitive products that
only support single tape drives, the ARCvault 24 is capable of
delivering up to 50 percent faster data transfer rates. This
advanced functionality combined with ARCvault's capacity advantage
is driving worldwide adoption for a variety of backup and archive
applications. The ARCvault family as well as Overland's REO SERIES
are available through Overland's partners worldwide. About Overland
Storage Now in its 26th 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(R)
of disk-based backup, recovery and VTL appliances; and the NEO
SERIES(R) and ARCvault(TM) SERIES tape automation solutions.
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 related to the acquisition; possible
delays in new product introductions and shipments by the company
including the new ULTAMUS and ARCvault lines, including versions
subject to the company's new OEM contracts; possible delays in
enhancements to the company's 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
that may result from the transition of manufacturing to
Sanmina-SCI; 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 currently on file with the SEC.
These forward-looking statements speak only as of the date of this
release and the company undertakes no obligation to update publicly
any forward-looking statements to reflect new information, events
or circumstances after the date of this release. Overland, Overland
Storage, ARCvault SERIES, ULTAMUS SERIES, REO SERIES, NEO SERIES
and PROTECTION OS are trademarks or registered trademarks of
Overland Storage, Inc. DATASOURCE: Overland Storage, Inc. CONTACT:
Sue Hetzel of HetzelMeade Communications, +1-760-434-9927, , for
Overland Storage, Inc. Web site: http://www.overlandstorage.com/
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