Cleveland Indians Receive Laureate Award From Computerworld Honors Program for Protecting Vital Data With Overland's REO and NEO
June 05 2007 - 11:00AM
PR Newswire (US)
Global Information Technology Awards Foundation Pays Tribute to
Individuals and Organizations that Use Information Technology SAN
DIEGO, June 5 /PRNewswire-FirstCall/ -- Overland Storage, Inc.
(NASDAQ:OVRL) today announced that esteemed customer, the Cleveland
Indians baseball team, has been bestowed with a Laureate award by
IDG's Computerworld Honors Program. This year's honorees were
commemorated last night during the 19th annual Laureates Medal
Ceremony & Gala Awards event at the Andrew W. Mellon auditorium
in Washington, D.C. The Cleveland Indians' award-winning case
study, "Best Practices Data Protection for In-House Video
Application," was recognized for its highly innovative use of
information technology in the Arts & Entertainment category. As
one of the most technologically advanced teams in Major League
Baseball, the Cleveland Indians developed a sophisticated in-house
video application to capture every at-bat during home games for the
purposes of training and advanced scouting. The system, which is
accessible through a simple, touch-screen monitor, enables players,
coaches and scouts to easily locate and view different images. The
new video system is supported by a complementary
disk-to-disk-to-tape (D2D2T) solution from Overland Storage,
reducing the team's backup window by more than 50 percent while
lowering administrative overhead from 45 minutes daily to nearly
nothing. Additionally, Overland's REO(R) 9000 disk-based backup,
recovery and virtual tape library (VTL) appliance and NEO(R) 4000
tape library allow the team to dramatically increase the amount of
data kept online-storing 21 days of critical operational data on
REO and up to 60 days of data and video backups on NEO. According
to Whitney Kuszmaul, network manager for the Cleveland Indians,
Overland's best-of-class products play a pivotal role in the team's
award- winning D2D2T data protection plan. "We are extremely
pleased that our leading-edge data protection plan, featuring
Overland's REO and NEO, has been recognized for technical
excellence by the prestigious Computerworld Honors Program," he
says. "Overland's highly flexible and scalable disk- and tape-
based appliances ensure we can continue to embrace the latest video
and other technologies to boost productivity and lower operating
costs." Initially populated with 3 TBs, the REO is being expanded
to 9 TBs with room to grow to 44 TBs of raw capacity. Meanwhile,
the Indians are expanding their NEO library to safeguard online
video for every game from all 32 major league teams-totaling some
2,600 games for the 2007 season. "Overland provides the Cleveland
Indians with a 'future-proof' solution that meets their ever-
increasing backup and recovery requirements while helping take
their game to the next level," says Michael Kerman, vice president
of worldwide marketing and chief strategy officer for Overland
Storage. Each year, members of the Chairmen's Committee, a group of
100 chairmen/CEOs of global technology companies, nominate
individuals and organizations from around the world whose visionary
applications of information technology promote positive social and
economic progress. "Each laureate selected for this honor
understands the importance of using one's resources and technical
prowess to benefit one's fellow man," says Bob Carrigan, chairman
of the Computerworld Honors Program Committee and president of IDG
Communications. About the Computerworld Honors Program Founded by
International Data Group (IDG) in 1988, the Computerworld Honors
Program is governed by the not-for-profit Computerworld Information
Technology Awards Foundation. In its 19th year, Computerworld
Honors is the longest running global program to honor individuals
and organizations that use information technology to benefit
society. Each year, members of the Chairmen's Committee, a group of
100 chairmen/CEOs of global technology companies, nominate
individuals and organizations from around the world whose visionary
applications of information technology promotes positive social and
economic progress. Nominations are evaluated by an independent
board of CIO-level judges who select laureates, finalists and award
winners in 10 industry-related categories, to be honored at a
Laureate Medal Ceremony. This year's ceremony and accompanying Gala
Awards Program took place on June 4th at the Andrew W. Mellon
Auditorium in Washington, D.C. The technology achievements honored
by this program are preserved and protected in national archives
and in over 350 universities, museums and research institutions
throughout the world. Additional information about the program and
a Global Archive of past laureate case studies and oral histories
can be found at the Computerworld Honors website:
http://www.cbhonors.org/. 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 ULTAMUS(TM) RAID SERIES of
affordable, high-capacity storage; 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,"
"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 possible
delays in new product introductions and shipments by the company
including the new ULTAMUS and ARCvault product lines; possible
delays in enhancements and new offerings in the company's REO line;
market acceptance of the company's other new product offerings; the
performance of the company's newly restructured management team;
the timing and market acceptance of new product introductions by
competitors; unexpected inventory charges resulting from the
termination of the relationship with the company's former
outsourced manufacturing partner; inefficiencies and excessive
manufacturing costs in the early stages of the return of production
to the company's San Diego facility; 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 Forms 10-K and
10-Q 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 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 and ULTAMUS are trademarks of Overland Storage, Inc.
DATASOURCE: Overland Storage, Inc. CONTACT: Sue Hetzel of
HetzelMeade Communications for Overland Storage, +1-760-434-9927,
Web site: http://www.overlandstorage.com/
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