Overland Storage Named Industry Leader in iSCSI Disk-to-Disk Storage
August 11 2004 - 7:30AM
PR Newswire (US)
Overland Storage Named Industry Leader in iSCSI Disk-to-Disk
Storage REO 4000 Price/Performance Ratio 'Hard To Beat' SAN DIEGO,
Aug. 11 /PRNewswire-FirstCall/ -- Overland Storage Inc.
(NASDAQ:OVRL), the leading provider of backup and recovery
solutions, has shipped more units and terabytes of iSCSI-based
Disk-to-Disk (D2D) backup this year than any other vendor in the
industry, according to a viewpoint released by Enterprise Strategy
Group (ESG). The report, which highlights the success of the REO
4000 high-performance disk-based backup and recovery appliance,
states that Overland Storage has "smartly combined D2D backup,
iSCSI and S-ATA drives within an appliance that has a
price/performance ratio that is hard to beat." "Overland has
demonstrated its leadership in D2D backup with REO 4000, which
delivers an excellent price/performance solution to customers,"
said Tony Asaro, senior analyst, the Enterprise Strategy Group.
"ESG believes that the combination of iSCSI and D2D backup is a
killer application, and Overland has emerged as the leader in iSCSI
disk-based storage." ESG research also found in a recent study that
66 percent of IT professionals state that their backups take too
long. REO 4000 is a high performance disk-based appliance that
delivers accelerated backups and immediate data restores. ESG
believes that this class of appliances has the "potential for wide
market adoption starting in 2004 and for years to come." REO 4000
is a preconfigured, easy-to-install appliance with specialized
intelligent software, hardware, and both iSCSI and Fibre Channel
connectivity. It supports optional RAID capabilities for
organizations seeking an extra level of data protection. Capable of
operating as either disk or virtual tape, REO 4000 enhances
existing backup and recovery processes by improving performance and
lowering the total cost of ownership for data protection. "As ESG
has confirmed, more organizations are choosing the high-performance
REO for disk-based backup and recovery than any other comparable
product on the market," said Christopher Calisi, president and CEO,
Overland Storage. "The REO is a key component of our strategy to
deliver powerful data protection solutions that ensure business
continuity, and we are gratified by this acknowledgment of its
success." The complete ESG Viewpoint, "Overland -- the Leader in
iSCSI-based Disk-to-Disk Backup," is online at:
http://www.enterprisestrategygroup.com/ESGPublications/ReportDetail.asp?Report
ID=217 Overland products are available exclusively through the
company's channel partners. For more information, please visit
http://www.overlandstorage.com/. About Overland Storage For more
than 20 years, Overland Storage has delivered world-class data
protection solutions designed to ensure business continuity.
Focused on backup and recovery, Overland's data protection
solutions are designed for entry-level and midrange computing
environments. These include the REO family of disk-based backup and
recovery appliances and the award-winning NEO series of tape
libraries. Overland sells its products worldwide through leading
OEMs, commercial distributors, storage integrators and value-added
resellers. For more information, visit Overland's website 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,"
"expects," "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
difficulty of predicting sales to the company's major OEM customer,
technology spending levels, unexpected shortages of critical
components, rescheduling or cancellation of customer orders, loss
of a major customer, the timing and market acceptance of new
product introductions by the company, including the launch of the
company's new REO products, its competitors or its licensees, 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 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 for the most recently completed fiscal
year. 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. All
trademarks, trade names, service marks, and logos referenced herein
belong to their respective companies. DATASOURCE: Overland Storage
Inc. CONTACT: Investor Relations, Cynthia A. Bond, Director of
Corporate Communications, +1-858-571-5555, , or Media, Melinda
Hutcheon, PR Manager, +1-858-495-4187, , both of Overland Storage;
or Jamie Ernst of Brodeur Worldwide, +1-210-495-5757, , for
Overland Storage Web site: http://www.overlandstorage.com/
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