Overland Storage Creates Solutions Engineering Group to Accelerate Delivery of Integrated End-to-End Data Protection Solutions
January 22 2009 - 6:30AM
PR Newswire (US)
Reinforced Focus on Solving Real-World Data Protection Problems
through Increased Development of Complementary NAS- and SAN-Based
Data Protection Bundles SAN DIEGO, Jan. 22 /PRNewswire-FirstCall/
-- Overland Storage, Inc. (NASDAQ:OVRL) today announced the
creation of a Solutions Engineering Group focused on expediting the
development and delivery of complete data protection offerings that
solve today's toughest data protection problems. The newly formed
team will leverage Overland's existing portfolio of tape, disk, NAS
and SAN products along with innovative applications and third-party
products to address a vast array of data protection challenges. Dan
Davies, a storage industry veteran who previously led the company's
applications engineering organization, will spearhead the new group
as vice president of solutions engineering. In this new role,
Davies will be responsible for defining, testing and delivering
market-leading solutions that meet the ever-evolving data
protection needs of Overland's partners and customers worldwide.
Overland's global sales and marketing organizations also have been
realigned to ensure widespread support of the company's
solution-selling efforts. According to Vern LoForti, president and
CEO of Overland Storage, this strengthened focus on developing
integrated data protection solutions will enable Overland and its
channel partners to be more agile and responsive in delivering
complete turnkey solutions that help end-users solve their data
protection problems more easily and affordably. "In today's
extremely challenging economic environment, it's imperative for
Overland to deliver total solutions that help our partners expedite
sales and implementation," he says. "In addition, our new solutions
engineering strategy will allow us to minimize spending, while
leveraging our existing product platforms and resources by adding
value through increased partnerships and licensing arrangements.
The ultimate goal is an improved offering for our customers,
reduced expense in our business model and a faster return to
profitability." Overland's recent move into the video surveillance
market is an example of this renewed focus on solutions-focused
engineering and sales. In October 2008, Overland announced a
strategic alliance with Mobotix Vision Systems, the leader in
high-resolution IP cameras, to speed the deployment of integrated
video surveillance and archiving solutions featuring Mobotix
cameras and Overland's high-performance, economical Snap Server
network attached storage (NAS). Overland's new Solutions
Engineering team will continue to pursue additional joint solutions
where the company can integrate other applications with its REO(R)
disk backup VTLs, NEO(R) and ARCvault(R) tape libraries, as well as
Snap Server(R) NAS and ULTAMUS(R) RAID SAN appliances to meet the
widest possible range of end-user requirements. Overland's
solutions focus aligns well with the needs of key resellers and
channel partners in the data protection market. "Overland's
elevated solutions approach complements our focus on
virtualization, archiving and business continuity applications to
provide tremendous value to our customers," says Dave Rasmussen,
senior sales consultant at Mosaic Technology. "Overland's product
set, combined with their understanding of what it takes to deliver
a complete solution, not only makes them highly capable of solving
real-world problems but also helps us close business much faster."
About Overland Storage Overland Storage provides affordable
end-to-end data protection solutions that are engineered to store
smarter, protect faster and extend anywhere -- across networked
storage, media types and multi-site environments. Overland Storage
products include award-winning NEO SERIES(R) and ARCvault(R) tape
libraries, REO SERIES(R) disk-based backup and recovery appliances
with VTL capabilities, Snap Server(R) NAS appliances, and
ULTAMUS(R) 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/. 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, satisfaction or disappointment
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: unexpected
delays or costs related to the acquisition and integration of the
Snap business; possible delays in new product introductions and
shipments; failure to achieve desired benefits from cost-cutting
measures; market acceptance of the company's new product offerings;
the ability to maintain strong relationships with branded channel
partners; the timing and market acceptance of new product
introductions by competitors; worldwide information technology
spending levels; unexpected shortages of critical components;
rescheduling or cancellation of customer orders; loss of a major
customer; 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 detailed from time to time in the company's periodic
reports filed with the Securities and Exchange Commission. 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, ULTAMUS, Snap
Server, GuardianOS and Snap Enterprise Data Replicator 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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