Dynamic Solutions International OEMs Overland Storage REO With Protection OS and NEO Tape Library17 October 2005
Overland Storage, Inc.
(Nasdaq: OVRL) today announced that Dynamic Solutions International (DSI), a
data processing and storage management solution provider for the Unisys and
open-systems markets, has chosen to OEM the REO 4000(TM) and REO 9000(TM)
disk-based backup and recovery appliances with Protection OS(TM) and the NEO
2000(TM) tape library. The selection of these Overland products followed
extensive evaluations of competitive solutions and an accelerated
certification period.
"Many of our customers are financial institutions struggling with backup
window and remote backup issues. They turn to DSI for flexible solutions that
ensure the highest performance, reliability and overall advantage," explained
Chris Johnson, vice president of storage systems, DSI. "Overland Storage's
REO and NEO provide the ideal platform that allows DSI to meet even the most
demanding backup and recovery requirements of our customers."
DSI selected the high-performance REO 4000 with Protection OS and
high-capacity REO 9000 with Protection OS to offer its customers fast backup
and reliable recovery. Protection OS enables the REO to be configured as any
combination of virtual tape libraries, virtual tape drives and/or disk
volumes, providing maximum flexibility. Additionally, branch office backup
can be automated with the REO, which reduces costly, cumbersome and unreliable
manual processes for backing up, centralizing and managing remote data.
Together, these capabilities are ideal for highly specialized and
mission-critical environments, such as the numerous financial institutions DSI
serves.
DSI also chose the NEO 2000 tape library as the foundation for its newly
available Alpine L60 (ALPL60) Autoloader. With up to 30 cartridges and two
drives, the NEO 2000 is the ideal product for organizations looking for high
capacity at an affordable price. In addition, the NEO can be deployed with an
Overland Storage REO SERIES(TM) appliance for a powerful disk-to-disk-to-tape
solution.
"We are very pleased that DSI has recognized the unique capabilities and
powerful features of Overland's REO and NEO products," said Christopher
Calisi, president and chief executive officer, Overland Storage. "By OEMing
these products, DSI is offering its customers the advanced data protection
capabilities of the REO and NEO families, providing them with powerful new
options for protecting their mission-critical data."
Overland Storage has seen continued market leadership with both the REO
SERIES and NEO SERIES. Earlier this year, Enterprise Strategy Group named
Overland the leader in disk-based backup and recovery systems, while Freeman
Reports' 2005 annual Tape Library Outlook recognized Overland as first or
second in terms of unit volume for every major tape technology, including
LTO1, LTO2 and SDLT.
More information on Overland's REO SERIES; NEO SERIES; and Protection OS,
REO's intelligent, embedded data protection software, can be found at
http://www.overlandstorage.com.
About Dynamic Solutions International
For 32 years Dynamic Solutions International (http://www.dynamicsolutions.com)
has supported the worldwide financial community with innovative storage
solutions including virtual tape and solid state disk. DSI's storage experts
are uniquely qualified to design and implement the right storage solution for
clients large and small.
About Overland Storage
Now in its 25th 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 REO
SERIES(TM) of disk-based backup and recovery appliances, and the NEO
SERIES(TM) of tape libraries. 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," "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 risks and uncertainties associated with the company's
acquisition of Zetta Systems, Inc., including possible integration
difficulties and successful execution of the business plan; possible delays in
new product introductions the new primary storage appliance to be based on the
Zetta software, the company's next generation tape library platform and
enhancements to its REO line; market acceptance of the company's new product
offerings; the timing and market acceptance of new product introductions by
competitors; the speed at which HP transitions from the products it currently
buys from the company to its next-generation products to be purchased from
another vendor; delays, unbudgeted expenses, inefficiencies and production
problems; 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 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.
Overland, Overland Storage, REO SERIES, NEO SERIES and Protection OS are
trademarks or registered trademarks of Overland Storage, Inc.
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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