Overland Storage Receives Coveted Five-Star Award From CMP's VARBusiness Magazine for Channel Program Excellence

Overland Hailed by Leading Technology Publication for Its Comprehensive Storage Channel Partner Program 


SAN DIEGO, March 22  /PRNewswire-FirstCall/ -- Overland Storage, Inc. (NASDAQ:OVRL) today announced that CMP Media's VARBusiness magazine has recognized the company as one of North America's top information-technology (IT) vendors.  The honor recognizes the company for having one of the best partnership programs offered to solution providers that sell products and services to end-users.  Overland Storage received recognition as a Five-Star Partner, acknowledging the company's commitment and the strength of its programs for IT integrators, resellers and consultants.

Of the more than 250 vendor-program entries reviewed for consideration, only 65 elite companies received the coveted five-star rating in the magazine's 13th annual Partner Programs Guide survey.  The guide appears in the March 19, 2007, issue of VARBusiness.  "We applaud vendors like Overland Storage for demonstrating best practices and for the leadership roles they have achieved within the IT distribution channel," says Lawrence M. Walsh, editor of VARBusiness.

According to Christie Huff, vice president of worldwide marketing for Overland Storage, the channel-centric organization is focused on assisting its channel partners so they can achieve the highest levels of success.  "We greatly appreciate the commitment and results of our channel partners selling Overland's lineup of disk- and tape-based data protection solutions," she says.  "This industry recognition is particularly gratifying because it reinforces Overland's dedication to our indirect sales model, which drives continuing business growth while accelerating market momentum."

About VARBusiness Magazine

For the past 20 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community.  VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers.  VARBusiness has been the recipient of numerous industry awards for both editorial content and design.  Additional information about VARBusiness products, events and services, is available at its Web site, http://www.varbusiness.com/.

About Overland Storage

Now in its 26th 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 ULTAMUS SERIES(TM) of protected primary storage appliances; the REO SERIES(R) of disk-based backup, recovery and VTL appliances; and the NEO SERIES(R) and ARCvault(TM) tape automation solutions.  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 related to the acquisition; possible delays in new product introductions and shipments by the company including the new ULTAMUS and ARCvault lines, including versions subject to the company's new OEM contracts; possible delays in enhancements to the company's 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 that may result from the transition of manufacturing to Sanmina-SCI; 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 currently on file with the SEC.  These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Overland, Overland Storage, ARCvault SERIES, ULTAMUS SERIES, REO SERIES, NEO SERIES and PROTECTION OS are trademarks or registered trademarks of Overland Storage, Inc. 

DATASOURCE: Overland Storage, Inc.



CONTACT:  Sue Hetzel of HetzelMeade Communications, [phone],

, for Overland Storage, Inc.



Web site:  http://www.varbusiness.com/ 

Web site:  http://www.overlandstorage.com/ 

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