OVRL (MM)

Industry Veteran from SGI and Sun Microsystems Joins Executive Management Team to Spearhead Worldwide Marketing Efforts SAN DIEGO, April 22 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (NASDAQ:OVRL) today announced the appointment of Ravi Pendekanti as vice president of marketing. In this position, Pendekanti will leverage his extensive marketing and product management experience as well as proven expertise in storage and server systems management to lead the company's global marketing initiatives. "We are extremely pleased to welcome Ravi to our executive team as the head of global marketing," says Vern LoForti, president and chief executive officer of Overland Storage. "His impressive accomplishments and in-depth industry knowledge will prove instrumental as Overland continues to develop strategic product plans and innovative marketing programs that support our channel partners while serving the needs of our growing base of worldwide customers." Previously, Pendekanti managed the industry marketing and solutions engineering teams associated with selling global solutions at SGI. Prior to that, he held various leadership positions within the intellectual property and reference architectures marketing groups at Sun Microsystems. During his tenure at Sun, Pendekanti earned the coveted Chairman's Award for his innovative marketing efforts involving the storage and server product lines, which became the foundation for the company's highly successful solution sales approach. Pendekanti also served as vice president of worldwide marketing at Intransa and held various marketing positions at Compuware and HP. "I am thrilled to join Vern and the rest of the Overland team and further reinforce the company's tremendous brand recognition with high-impact marketing programs and best-of-class products that solve real-world business problems," says Pendekanti. "The best is yet to come for Overland as the company's awesome talent pool, broad product line and long-standing relationships with loyal channel partners serve as essential ingredients for ground-breaking marketing programs that produce high rates of success." Pendekanti holds a master's degree in Computer Science from Florida Institute of Technology and a bachelor's degree in Electrical Engineering from Kakatiya University. About Overland Storage Now in its 27th year, Overland Storage is a market leader and innovative provider of smart, affordable data protection appliances that help midrange and distributed enterprises ensure business-critical data is constantly protected, readily available and always there. Overland's award-winning products include NEO SERIES(R) and ARCvault(TM) tape libraries, REO SERIES(R) disk-based appliances with Virtual Tape Library (VTL) capabilities 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/ 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, +1-760-434-9927, for Overland Storage, Inc. Web site: http://www.overlandstorage.com/

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