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2010 Press Releases

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11/23/10Overland Storage Offers SnapServer Customers 4TB of Free Storage - 

SnapServer N2000 Customers Can Double Their Capacity for Free SAN DIEGO, CA, Nov 23, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that as part of its "Double Your Capacity for Free" promotion, the company will offer customers the opportunity to upgrade to an 8TB SnapServer N2000 for free when they purchase a 4TB SnapServer N2000. Intereste... More >>
11/22/10Overland Storage Gives Customers 1.2 Petabytes of Tape Storage For Free - 

New NEO 8000e Customers Can Receive 1.2 PB of Data Storage Capacity for Free SAN DIEGO, CA, Nov 22, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that as part of its ongoing mission to provide the best combination of secure, accessible and affordable data storage, the company will offer customers 1.2 PB of additional tape storage capacity a... More >>
11/12/10Overland Storage Reports Fiscal 2011 First Quarter Results - 

Company Also Announced Today That It Has Entered Into Agreements to Sell $4.2 Million of Shares of Its Common Stock in a Registered Offering SAN DIEGO, CA, Nov 12, 2010 (MARKETWIRE via COMTEX) --Overland Storage, Inc. (NASDAQ: OVRL) today reported first quarter results for its fiscal quarter ended September 30, 2010. "While revenue declined sequentially, we view this in line with the typical first quarter seasonality that has affected our business in prior years," said Eric Kelly, Pr... More >>
11/12/10Overland Storage Announces Institutional Investors Purchase $4.2 Million of Common Stock - 

SAN DIEGO, CA, Nov 12, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL) (the "Company"), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that it has entered into agreements to sell approximately $4.2 million of shares of its common stock in a registered offering to certain institutional investors. The Company intends to use the net proceeds from the offering for general corporate purposes, ... More >>
10/26/10New Modular SAN Solution From Overland Storage Delivers High Performance and High Availability for Business Applications - 

Customisable SnapSAN S1000 Offers Dual iSCSI, Fibre Channel, or SAS Connections LONDON, Oct 26, 2010 (BUSINESS WIRE) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced the expansion of its SAN product portfolio with the new SnapSAN S1000, a 2U 12-drive modular SAN solution that delivers highly available storage... More >>
10/14/10Overland Storage Announces Acquisition of MaxiScale, Inc. - 

Addition of Infinitely Scalable Clustered File System Expands Storage Technology Portfolio SAN DIEGO, CA, Oct 14, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that it acquired MaxiScale, a technology leader in limitlessly scalable file serving and storage. Terms of the deal are not disclosed. Overland has gained MaxiScale's assets, intelle... More >>
09/14/10Overland Storage SnapSAN S2000 Is Verified as Citrix Ready - 

New iSCSI SAN Solution Optimized for Virtualized Server Environments Is Trusted to Enhance Citrix Networking and Virtualization Solutions SAN DIEGO, CA, Sep 14, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that its SnapSAN S2000 has been verified as Citrix Ready(R). The Citrix Ready program helps customers identify third-party solutions tha... More >>
09/14/10Overland Storage SnapSAN S2000 Achieves Microsoft Windows Server 2008 R2 Interoperability Certification, Including Microsoft Hyper-V - 

New iSCSI SAN Solution Optimized for Virtualized Server Environments Delivers Enhanced Microsoft Networking and Virtualization Solutions to Joint Customers SAN DIEGO, CA, Sep 14, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that its SnapSAN S2000 has been certified as compatible with Microsoft Windows Server 2008 R2, which includes compatib... More >>
08/26/10Overland Storage Announces Fourth Quarter and Fiscal Year 2010 Results - 

SAN DIEGO, CA, Aug 26, 2010 (MARKETWIRE via COMTEX) -- Overland Storage, Inc. (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced its financial results for the fourth quarter and fiscal year ended June 30, 2010. Overland Storage reported revenue of $19.3 million for the quarter ended June 30, 2010, an increase of 3.7% from the prior quarter. The net loss for the fourth fiscal quarter was $4.2 mill... More >>
08/20/10Overland Storage Files Patent Infringement Lawsuit on Tape Storage Technologies - 

SAN DIEGO, CA, Aug 20, 2010 (MARKETWIRE via COMTEX) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that it has filed a patent infringement lawsuit in the United States District Court for the Southern District of California. The lawsuit, filed on August 13, 2010, names as defendants BDT AG and BDT-Solutions GmbH, both based in Germany, and BDT Products, Inc., based in Irvine, ... More >>
08/17/10Overland Storage Schedules Fourth Quarter and Fiscal Year 2010 Financial Results Release, Conference Call and Webcast - 

SAN DIEGO, CA, Aug 17, 2010 (MARKETWIRE via COMTEX) --Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that it will report its fourth-quarter and fiscal 2010 financial results after the U.S. financial markets close on Thursday, August 26, 2010. In conjunction with this announcement, Overland Storage will host a conference call on August 26, 2010, at 2:00 p.m. Pacific Time ... More >>
08/04/10Jillian Mansolf of Overland Storage Recognized by Everything Channel's CRN Magazine as One of the Top Women on the Channel - 

SAN DIEGO, CA, Aug 04, 2010 (MARKETWIRE via COMTEX) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that Jillian Mansolf, Vice President of Global Sales and Marketing, has been recognized by Everything Channel's CRN Magazine as one of the top Women of the Channel. CRN's annual list recognizes female executives across vendors' channel organizations, distributors and solution prov... More >>
07/22/10Overland Storage Promotion Gives New NEO 8000 and NEO 8000e Customers up to 1.2 Petabytes of Storage Capacity for Free - 

SAN DIEGO, CA, Jul 22, 2010 (MARKETWIRE via COMTEX) -- Overland Storage, Inc. (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, has launched a new promotion: through September 24, customers can receive up to an additional 1.2 Petabytes of storage capacity at no extra charge with the purchase of a NEO 8000 or the recently announced NEO 8000E backup and archive solution. Ideal for large, data intensive businesses, t... More >>
07/22/10Overland Storage Promotion Doubles Unified Storage Capacity for Free - 

Customers Who Purchase a SnapServer N2000 With 4 Terabytes Can Upgrade to 8 Terabytes for Free SAN DIEGO, CA, Jul 22, 2010 (MARKETWIRE via COMTEX) -- Overland Storage, Inc. (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, has launched a new promotion: until September 24, 2010, customers who purchase a new business-grade SnapServer NAS N2000 can double their capacity from 4 Terabytes to 8 Terabytes for free. ... More >>
07/22/10Overland Storage Announces High Performance, High Capacity Unified Storage Solution in Compact 2U Form Factor - 

SnapServer N2000 Is Ideal for Businesses With Increasingly Complex Storage Environments and Mission Critical Data Requirements SAN DIEGO, CA, Jul 22, 2010 (MARKETWIRE via COMTEX) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and protection solutions across the data lifecycle, today announced the SnapServer N2000, a unified block and file storage solution scalable up to 144 Terabytes in a compact 2U form factor. Fully integrated with Microsoft W... More >>
07/22/10Overland Storage Launches Biggest, Fastest NEO E Series Enterprise-Ready Backup & Archive Solution - 

NEO 8000e Combines Enterprise Class Data Availability, Increased Performance, and Simplified Connectivity for Long Term Investment Protection SAN DIEGO, CA, Jul 22, 2010 (MARKETWIRE via COMTEX) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced a new addition to its popular NEO E Series product line: the NEO 8000e, a tape library solution specifically designed for large, data i... More >>
07/13/10Overland Storage Promotion Doubles NAS Storage Capacity for Free - 

SAN DIEGO, CA, Jul 13, 2010 (MARKETWIRE via COMTEX) -- Overland Storage, Inc. (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, has launched a new promotion: customers can receive 4TB of network attached storage (NAS) capacity for the purchase price of 2TB. Until September 20, 2010, customers who purchase a 2TB SnapServer NAS 410 can upgrade to a 4TB SnapServer NAS 410 for free. Ideal for businesses, SnapServer 41... More >>
07/06/10Historic Map Works Stores Over 1.2 Million Images and Centuries of Cartographic and Geographic Information on Overland SnapServer NAS - 

Overland Storage Supports Massive Data Storage Needs of World's Most Comprehensive Online Historic Maps Database SAN DIEGO, CA, Jul 06, 2010 (MARKETWIRE via COMTEX) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that Historic Map Works, a company that is creating the most comprehensive online destination for maps and other geographic data, has deployed Overland Storage Sn... More >>
06/22/10Overland Storage Wins 'One To Watch' At the Storage Awards  - 

SnapServer SAN S2000 Grabs Top Spot In New Storage Product Category LONDON, Jun 22, 2010 (BUSINESS WIRE) --Overland Storage (NASDAQ: OVRL) has won the 'One to Watch' award with its SnapServer SAN S2000 at the 2010 Storage Awards (Storries VII) held at The Tower Guoman Hotel, London. Overland Storage is a global provider of effortless data management and data protection solutions across the data lifecycle. The Storage Awards are hosted by Storage Magazine, the UK's leading storage industry p... More >>
06/01/10Overland Storage Wins 'Storage Vendor of the Year Award' - 

LONDON, Jun 01, 2010 (BUSINESS WIRE) --Overland Storage (NASDAQ:OVRL) has won the 'Storage Vendor of the Year' category at the 2010 MicroScope ACEs channel award ceremony held at the Lancaster Hotel, London. Overland Storage is a global provider of effortless data management and data protection solutions across the data lifecycle. The MicroScope ACES awards are hosted by the UK's leading weekly channel magazine, MicroScope. Paul Briggs, publishe... More >>
05/12/10Overland Storage Reports Fiscal 2010 Third Quarter Results - 

SAN DIEGO, CA, May 12, 2010 (MARKETWIRE via COMTEX) --Overland Storage, Inc. (NASDAQ: OVRL) today reported third quarter results for its fiscal quarter ended March 31, 2010. "We are excited about the progress we are making. We are executing as planned with a focus on growing revenue from our branded products and improving operating efficiencies of the business," said Eric Kelly, President and CEO of Overland Storage. "Historically, revenue in our third fiscal quarter is lower than revenue from... More >>
05/07/10Overland Storage Schedules Third Quarter Fiscal Year 2010 Conference Call and Webcast - 

Who: Overland Storage, Inc. (NASDAQ: OVRL) Executives: Eric L. Kelly, President and CEO Kurt Kalbfleisch, Vice President and CFO What: Conference call and live audio Webcast (http://www.overlandstorage.com/webcast): Detailing financial results for the third fiscal quarter ended March 31, 2010 When: Wednesday, May 12, 2010 2:00 PM PDT A press release discussing e... More >>
05/05/10Overland Storage Scheduled to Present at MDB Capital Group's Bright Lights Conference - 

SAN DIEGO, CA--(Marketwire - 05/05/10) - Overland Storage, Inc. (NASDAQ: OVRL) today announced that its president and chief executive officer, Eric L. Kelly, is scheduled to present at MDB Capital Group's ("MDB") Bright Lights Conference. The MDB hosted event will be held May 10-12, 2010 at the Palace Hotel in San Francisco. Mr. Kelly's presentation is scheduled for Tuesday, May 11th from 10:00 a.m. to 10:30 a.m. (local time). About Overland Storage Overland Storage is the trusted global prov... More >>
04/21/10Overland Storage Expands Support for LTO-5 Across Its Award-Winning NEO Series of Automated Backup and Archive Solutions - 

LTO-5 Technology Doubles Storage Capacity of NEO S Product Line LONDON, Apr 21, 2010 (BUSINESS WIRE) --Overland Storage (NASDAQ:OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced expanded support for LTO-5 technology across its entire line of NEO Series products with the introduction of LTO-5-compatible NEO S Series automated backup and archive solutions. The NEO S Series is designed to take the comple... More >>
03/09/10Overland Storage Scheduled to Present at Roth Capital's Annual OC Growth Stock Conference - 

SAN DIEGO, CA--(Marketwire - March 9, 2010) -  Overland Storage, Inc. (NASDAQ: OVRL) today announced that its President and Chief Executive Officer, Eric L. Kelly, is scheduled to present the Company's corporate overview before members of the financial community at Roth Capital's 22nd Annual OC Growth Stock Conference. The three-day Roth hosted event will be held on March 15-17, 2010 at the Ritz-Carlton Laguna Niguel in Dana Point, CA. Mr. Kelly's presentation is scheduled f... More >>
02/25/10Overland Storage Introduces Next-Generation Technology for Its Award-Winning NEO(R) Line of Backup and Archive Solutions - 

New Upgrade and Save Programme offers Cash Rebates For Upgrade to New LTO-5 Technology, Which Doubles NEO Storage CapacityLONDON, Feb 25, 2010 (BUSINESS WIRE) -- Overland Storage (NASDAQ:OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today introduced the Overland family of NEO E Series enterprise backup and archive solutions utilising LTO-5 technology. LTO-5 offers the lates... More >>
02/22/10Overland Storage Announces Private Placement of Approximately $12.0 Million of Equity Securities - 

SAN DIEGO, Feb 22, 2010 /PRNewswire via COMTEX/ -- Overland Storage, Inc. (Nasdaq: OVRL) has signed definitive agreements for a private placement of 794,659 shares of Convertible Preferred Stock of the Company and Warrants to purchase up to 6,373,266 shares of Common Stock for a gross purchase price of approximately $12.0 million on February 18, 2010. The Preferred Stock is initially convertible into 4,521,648 shares of Common Stock. The Warrants will have an initial exercise price of $2.583 per... More >>
02/16/10New iSCSI SAN Solution from Overland Storage Delivers Effortless Data Management and Data Protection, Optimised for Virtualised Server Environments - 

SnapServer SAN S2000 Expands Overland's Market Reach Across the Data LifecycleLONDON, Feb 16, 2010 (BUSINESS WIRE) -- Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced the new SnapServer SAN S2000: a feature rich, resource-efficient iSCSI SAN platform for businesses with growing data. The SnapServer SAN S2000 enables companies with Windows, VMware, Hyper-V, UNIX, Linux, or Mac OS X t... More >>
02/03/10Overland Storage Reports Fiscal 2010 Second Quarter Results - 

SAN DIEGO, Feb 03, 2010 /PRNewswire via COMTEX/ -- Overland Storage, Inc. (Nasdaq: OVRL) today reported second quarter results for its fiscal quarter ended December 31, 2009. The company reported revenues of $20.4 million for the fiscal 2010 second quarter compared to revenues of $19.3 million in the prior quarter and $28.9 million for the same quarter last year. Net loss decreased by 50.0% to $2.6 million for the fiscal 2010 second quarter, or $0.47 per share, compared with a $5.2 million los... More >>
01/06/10Overland Storage to Present at Needham 12th Annual Growth Stock Conference - 

SAN DIEGO, Jan 06, 2010 /PRNewswire via COMTEX/ -- Overland Storage, Inc. (Nasdaq: OVRLD) announced today that its Chief Executive Officer, Eric L. Kelly, is scheduled to present at the Needham & Company 12th Annual Growth Stock Conference in New York. The three-day Needham hosted event will be held January 12th-14th at the New York Palace Hotel, located at 455 Madison Ave. Mr. Kelly's presentation is scheduled for Wednesday, January 13th at 8:00 a.m. Eastern Standard Time. A web cast ... More >>