Overland Storage (NASDAQ:OVRL)
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Overland Storage Introduces REO 9000, High-Capacity,
High-Performance Disk-Based Backup and Recovery Appliance
Newest Addition to REO Series Includes Unique ProtectionPAC Software That
Optimizes Disk Space, Lowers Total Cost of Ownership
SAN DIEGO, Sept. 20 /PRNewswire-FirstCall/ -- Overland Storage, Inc.
(NASDAQ:OVRL), a leading provider of backup and recovery solutions, today
announced the introduction of REO 9000(TM), a high-capacity, high-performance
disk-based backup and recovery appliance. The newest addition to the REO
family, the REO 9000 provides fast backups and near-instantaneous restores for
up to 9.6 terabytes of data, making it an ideal choice for larger organizations
that need to ensure business continuity.
The REO 9000 combines software intelligence, serial ATA disks, RAID 5
protection, and both iSCSI and Fibre Channel connectivity in a single,
easy-to-install unit. Its ability to operate as both disk and virtual tape
enables it to work with existing backup applications, providing users with a
single backup catalog and a single media management system. This seamless
compatibility allows easy deployment and integration into most backup
environments, including those with both disk and tape.
"The REO 9000 extends the technology of the field-proven REO family to
companies with larger data protection requirements, while introducing a new
level of intelligence to the backup and recovery process," said Christopher
Calisi, president and chief executive officer, Overland Storage. "With the
introduction of the REO 9000, Overland continues to deliver our strategy of
providing customers with flexible, reliable and affordable backup and recovery
solutions."
The REO 9000 includes Overland's ProtectionPAC(TM), the highly intelligent
software that sets the REO family apart from other solutions. Feature-rich and
flexible, ProtectionPAC enables RAID technology to deliver enhanced backup and
restore functionality. A key feature of ProtectionPAC is Dynamic Virtual Tape
(DVT), a patent-pending software capability that optimizes valuable disk space.
Unlike most virtual tape devices that allocate a fixed capacity for each
virtual cartridge regardless of the size of the corresponding backup, DVT
automatically sizes the virtual cartridge to match the individual backup job.
This approach eliminates wasted disk capacity, enabling customers to maximize
disk storage and achieve a lower total cost of ownership for data protection.
In addition, ProtectionPAC includes powerful browser-based management software
to streamline monitoring and management of the appliance.
"As backup and recovery requirements become ever more complex, customers are
demanding solutions that adapt to changing needs," said John Matze, chief
technology officer, Overland Storage. "That's why we've designed both the REO
9000 and our ProtectionPAC software with the utmost flexibility. By doing so,
we make it easy for customers to meet their data protection challenges."
"Overland's newest addition to the REO family, the REO 9000, delivers a unique
combination of functionality, flexibility and ease-of-use with its
ProtectionPAC software," said Dianne McAdam, senior analyst and partner, Data
Mobility Group. "The REO 9000 solves end-user challenges while lowering the
total cost of ownership for backup and recovery."
About the REO 9000
Building on the proven REO platform, the REO 9000 with ProtectionPAC offers an
array of features to improve performance, reliability and flexibility.
* High capacity -- The REO 9000 uses high-capacity SATA drives and
scales up to 9.6TB per unit to address high capacity backup
applications.
* High-speed performance -- Specialized hardware and software enable the
REO 9000 to quickly backup data while providing near-instantaneous
restores.
* Flexible connectivity -- Offering dual GbE data ports and dual
2 Gb Fibre Channel ports, the REO 9000 seamlessly integrates with
existing storage networks.
* Increased data availability -- With hot-swap disk drives and power
supplies, RAID 5 data protection and hot-sparing, the
REO 9000 reliably provides a high level of data availability.
* Broad platform support -- Support for Solaris, Windows, and Linux,
coupled with major third-party software applications allows the
REO 9000 to operate across a broad base of storage environments.
About ProtectionPAC(TM)
As the core software intelligence behind the REO family, ProtectionPAC will
become standard on all future REOs. Current REO customers can contact Overland
for information about upgrading REO software to ProtectionPAC to take full
advantage of its powerful features, including:
* Flexible virtual device support -- Provides the ability for each
virtual device to be configured as a disk LUN or virtual tape drive,
enabling storage managers to configure the REO to match current and
future data protection requirements.
* Dynamic Virtual Tape -- Dynamically sizes virtual tape drives to the
size of individual backup jobs, providing higher usable capacity
versus fixed length tape devices.
* Browser based management -- Provides proactive monitoring capability,
event notification and remote management.
Pricing and Availability
Starting in October 2004, the Overland REO 9000 disk-based backup and recovery
appliance will be available. The MSRP for the REO 9000 starts at less than
$43,000. 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 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, its competitors
or its licensees, including the company's new REO and NEO 8000 products, 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: investors, 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/