Overland Storage Inks Strategic Distribution Agreement With SYNNEX Corporation to Reinforce Delivery of End-to-End Data Protecti
June 16 2009 - 6:30AM
PR Newswire (US)
Partnership Extends Reach of Overland's World-Class REO Disk, NEO
Tape, ULTAMUS RAID SAN and Snap Server NAS Appliances to Channel
Partners SAN DIEGO, June 16 /PRNewswire-FirstCall/ -- Overland
Storage, Inc. (NASDAQ:OVRL) today announced that SYNNEX Corporation
(NYSE:SNX), a leading business process services company, has been
named a new Overland North American distribution partner. Under the
terms of the strategic distribution agreement, SYNNEX will add
Overland's complete line of storage and data protection appliances
to the suite of solutions that SYNNEX already offers to its more
than 15,000 resellers. The agreement reinforces Overland's
continued channel commitment while complementing the company's
focus on bringing enterprise-class capabilities to mid-range
customers through affordable and reliable products that reduce
backup windows, accelerate recoveries, streamline data retention
and facilitate cost-effective disaster recovery. Additionally, the
partnership with SYNNEX will provide added benefits for Overland
channel partners seeking innovative disk-based backup and recovery,
tape automation as well as SAN and NAS data protection appliances.
According to Ravi Pendekanti, vice president of worldwide marketing
for Overland Storage, the distribution agreement with SYNNEX will
broaden the reach of Overland's products while providing channel
partners with strong technical expertise and support. "Overland is
extremely pleased to partner with SYNNEX to help its vast community
of resellers solve ever-increasing data protection problems," he
says. "Together, we can offer a diverse portfolio of solutions
backed by the right level of technical support and responsive
service to ensure the availability and accessibility of
business-critical data." SYNNEX will distribute Overland's complete
product line, including REO SERIES(R) disk-based backup and
recovery, NEO SERIES(R) and ARCvault(TM) award-winning tape
automation, ULTAMUS(TM) RAID high-performance SAN and Snap
Server(R) NAS-based data protection appliances. "Overland Storage
is a well-recognized name in the storage industry, with a
reputation for developing affordable, reliable, cost competitive
products tailored for small, midrange and distributed enterprises,"
says Bob Stegner, senior vice president of marketing, North
America, for SYNNEX Corporation. "We are very selective in
determining which technologies are added to our arsenal of products
and are delighted to give our resellers the opportunity to choose
Overland for their customers' data protection needs." 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(TM) tape
libraries, REO SERIES(R) disk-based backup and recovery appliances
with VTL capabilities, Snap Server(R) NAS appliances, 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/ 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: 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. Other names and marks are the
property of their respective owners. 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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