Overland Storage (NASDAQ:OVRL)
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Overland Storage Shares Insights and Vision at Storage World
Conference
Executives to Present on Industry Roundtables; REO 9000 Named MVP Award
Finalist
SAN DIEGO, June 6 /PRNewswire-FirstCall/ -- Overland Storage, Inc.
(NASDAQ:OVRL), the leading provider of backup and recovery solutions, will
demonstrate its storage leadership, sharing its insights and vision, at Storage
World Conference 2005, June 7-9. John Matze, vice president and CTO, will
participate in the CTO Roundtable, while Peri Grover, director of product
management, will participate in a roundtable analyzing the future of tape
storage. Additionally, Overland's REO 9000(TM) disk-to-disk backup and
recovery appliance is a finalist for the Most Valuable Product (MVP) Award in
the Backup Hardware category. The awards will be presented during the
conference, which takes place at the Long Beach Convention Center in Long
Beach, Calif.
"Analyzing the Future of Tape"
Tuesday, June 7
3:00 - 3:55 p.m.
During the session "Analyzing the Future of Tape," Grover and others will
address several strategic issues for tape market growth. These include virtual
tape; fixed content, compliance and archival storage; pricing; and the
tremendous cartridge capacity increases that lie ahead. Bob Abraham, president
of Freeman Reports, will moderate the discussion.
"CTO Roundtable: Thinking About the Not So Obvious"
Thursday, June 9
10:10 - 10:55 a.m.
Matze and other leading CTOs will debate new breakthroughs for storage, IP
storage, networking and storage management during this year's CTO roundtable
"Thinking About the Not So Obvious." Moderated by Fred Moore, president of
Horison Information Strategies, the CTOs will discuss the new capabilities
emerging to ease the storage management burden, improve availability and
address data security.
Most Valuable Product (MVP) Awards
A part of the Overland Storage REO SERIES(TM), the REO 9000(TM) with
ProtectionPAC(TM) high-capacity disk-based backup and recovery appliance has
been recognized as an MVP Award finalist for its ability to achieve disk-speed
data recovery, solve out-of-control backup windows and dramatically improve the
reliability of backup operations. Sponsored by InfoStor and the Association of
Storage Networking Professionals (ASNP), the MVP Awards Program recognizes the
"best of the best" of storage networking products in the industry, as
determined by storage end-users. Winners will be announced at the conference.
More details about Storage World Conference 2005 are online at:
http://www.storageworldconference.com/.
About Overland Storage
For nearly 25 years, Overland Storage has delivered world-class data protection
solutions designed to ensure business continuity. Focused on backup and
recovery, 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 Storage sells its products worldwide 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," "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 delays, unbudgeted
expenses, inefficiencies and production problems that may result from the
transition of manufacturing to Sanmina-SCI; difficulty of predicting sales to
the company's major OEM customer; worldwide information technology spending
levels; unexpected shortages of critical components; rescheduling or
cancellation of customer orders; loss of a major customer; the market
acceptance of the company's REO product line; delays in new product
introductions by the company, including the company's new software PACs and REO
operating system; the timing and market acceptance of new product introductions
by competitors; 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 and NEO SERIES are trademarks or
registered trademarks of Overland Storage, Inc.
DATASOURCE: Overland Storage
CONTACT: Melinda Hutcheon, PR Manager, Overland Storage,
+1-858-495-4187, ; or Jamie Ernst of Brodeur,
+1-210-495-5757, , for Overland Storage
Web site: http://www.storageworldconference.com/
Web site: http://www.overlandstorage.com/