Overland Storage Launches NEO E-Series Family of Tape Libraries With Embedded Functionality for Improved Price, Performance & Re
February 09 2009 - 7:30AM
PR Newswire (US)
End-to-End Data Protection Bolstered by Embedded Connectivity,
Integrated Partitioning & Proactive Monitoring SAN DIEGO, Feb.
9 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (NASDAQ:OVRL)
today announced the availability of the first models in its
next-generation NEO SERIES line of scalable, automated tape
libraries. The NEO E-Series libraries provide a host of embedded
functionality along with simplified installation and operation to
meet a wide range of demanding data protection and long-term
archive requirements. (Photo:
http://www.newscom.com/cgi-bin/prnh/20090209/LA68070) The NEO 2000E
and NEO 4000E extend the reliability, serviceability and data
availability of the award-winning NEO SERIES tape backup and
archive solution. The NEO product line, which has earned a
reputation for rock-solid performance and widespread compatibility,
has been enhanced with a variety of embedded capabilities that
reinforce technology leadership and investment protection. The new
NEO E-Series enables embedded SCSI, FC and SAS connectivity, easing
installations while ensuring connectivity with future interface
technologies. Other embedded capabilities include: -- Improved
performance and feature support with enhanced processing power, --
Further investment protection via Integrated partitioning, -- More
efficient data access due to improved mailslot functionality, --
Ease of management via remote diagnostics with proactive
monitoring, -- Superior reliability and serviceability through the
use of enhanced robotics, more efficient power supply and
innovative library/drive interface. Additionally, the new NEO
E-Series integrates easily with Overland's REO SERIES(R) of
disk-based backup and recovery VTLs, Snap Server(R) NAS appliances,
ULTAMUS(R) RAID SAN storage as well as other disk-based products.
According to Ravi Pendekanti, vice president of worldwide sales and
marketing for Overland Storage, the latest enhancements to the NEO
tape family strengthen the company's leadership in providing
mid-range customers with affordable, scalable end-to-end data
protection solutions. "Over the past decade, the NEO tape libraries
have proven themselves as important assets in our customers'
end-to-end data protection and archiving strategies," he says.
"Therefore, it is imperative that we continue to add new features
and functionality while leveraging NEO's highly regarded and
trusted tape technology and proven product architecture." In
addition to enhancing reliability and serviceability, the NEO
E-Series adds support for LTO HH tape drive technologies and
direct-connect interfaces, lowering initial expenditures and
enabling customers to add new capabilities over time while
protecting their investments in tape-based backup and recovery.
According to Robert Amatruda, research director at IDC for tape and
removable storage, the mid-range tape automation market is expected
to exceed $1 billion in annual sales, with more than 100,000 units
shipped in 2008. "The majority of companies still depend on tape
for long-term archive and disaster recovery," he says. "Overland's
new NEO E-Series, with its increased functionality, should
integrate well with a company's existing disk-based solutions, and
help companies meet recovery time and recovery point objectives
(RTO/RPO) in both SAN and NAS environments." With the new NEO
E-Series, Overland's resellers are well positioned to provide their
customers with expansion-on-demand and flexible functionality that
scales easily to keep pace with increasing backup and archive
needs. "Most of our customers use tape for handling backups or as
an archive solution in a disk-to-disk-to-tape (D2D2T) scenario,"
explains Dan Peichel, vice president of sales for Peripheral
Products Inc., a Plano, Tex.-based Overland channel partner. "We
are extremely pleased to see Overland extend the capabilities of
the well-established NEO platform, ensuring that this
high-capacity, flexible product line remains a major part of our
customer offerings for years to come." Overland's NEO 2000E scales
from 30 to 240 cartridges per module while the NEO 4000E scales
from 60 to 240 cartridges. NEO2000E and 4000E can be scaled with
each other in an almost limitless combination, providing a variety
of capacity points to meet end user needs. Both tape library models
are available now from Overland's channel partners worldwide with a
starting MSRP of $12,333. About Overland Storage Overland Storage
provides affordable end-to-end data protection solutions that are
engineered to store smarter, protect faster and extend anywhere --
across networked storage, media types and multi-site environments.
Overland Storage products include award-winning NEO SERIES(R) and
ARCvault(R) tape libraries, REO SERIES(R) disk-based backup and
recovery appliances with VTL capabilities, Snap Server(R) NAS
appliances, and ULTAMUS(R) RAID high-performance, high-density
storage. 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, satisfaction or disappointment
with current prospects, as well as words such as "believe,"
"hopes," "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: unexpected
delays or costs related to the acquisition and integration of the
Snap business; possible delays in new product introductions and
shipments; failure to achieve desired benefits from cost-cutting
measures; market acceptance of the company's new product offerings;
the ability to maintain strong relationships with branded channel
partners; the timing and market acceptance of new product
introductions by competitors; worldwide information technology
spending levels; unexpected shortages of critical components;
rescheduling or cancellation of customer orders; loss of a major
customer; 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 detailed from time to time in the company's periodic
reports filed with the Securities and Exchange Commission. 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, REO, NEO Series, NEO, ARCvault, ULTAMUS, Snap
Server, GuardianOS and Snap Enterprise Data Replicator are
trademarks of Overland Storage, Inc.
http://www.newscom.com/cgi-bin/prnh/20090209/LA68070
http://photoarchive.ap.org/ DATASOURCE: Overland Storage, Inc.
CONTACT: Sue Hetzel of HetzelMeade Communications, +1-760-434-9927,
, for Overland Storage, Inc. Web Site:
http://www.overlandstorage.com/
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