SAN DIEGO, Dec. 19 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL), a leading provider of storage solutions, today announced its Storage Management Alliance Program, recognizing companies who have successfully completed compatibility testing with Overland's Storage Resource Manager (SRM) software. QLogic Corporation, the first Overland Storage Management Alliance Partner, is joining the program to ensure future interoperability between QLogic products and Overland SRM.
"We believe that the key to enabling our customers' success in dynamic and demanding technology environments is to offer SRM software that works with all network products," said John Cloyd, vice president and general manager of Overland's storage management business unit. "As we support the industry- leading products that our customers use to build heterogeneous IT infrastructures, strong alliance partnerships allow us to solve potential interoperability issues so that our customers achieve successful implementations the first time -- providing a much quicker ROI."
IT professionals selecting QLogic products will have confidence the products will work seamlessly with Overland SRM as a result of the software's open architecture. QLogic products that complement Overland's SRM offering include SANblade(TM) host bus adapters, SANbox(TM) switches and SAN Connectivity Kits.
"We have worked closely with Overland in their tape library business to enable heterogeneous operating systems, and so it is a natural transition to support their software as well," Joseph Kimpler, director of business alliances, QLogic Corp. "We are pleased that Overland has tested several of our products and has chosen QLogic as one of its first Storage Management Alliance Partners."
Overland SRM lets IT departments know exactly what data resides on the network, what should be saved, what can be moved to tape storage and what can be deleted. It helps to increase network reliability, strategically deploy existing and future assets, and facilitate backup and disaster recovery in heterogeneous environments. Features include automated policy management, instant reporting, comprehensive notification tools, and easy storage and system performance tracking.
About Overland Storage
Overland Storage, Inc. (Nasdaq: OVRL) is a leading global supplier of innovative hardware and software storage solutions for mid-range computer networks. The company's reputation for delivering high availability products, including its award-winning automated storage libraries and the industry's first family of fully open storage management software solutions, sets the standard for intelligent, automated and scalable storage. Overland sells its products worldwide through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's Web site at 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 or future 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 economic conditions and 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 any new hardware, software or other product introduction by the company and its competitors, general competition and price pressures in the marketplace and the company's ability to control costs and expenses. 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.
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SOURCE Overland Storage, Inc.
-0- 12/19/2002
/CONTACT: investors, Cynthia A. Bond, Director of Corporate Communications of Overland Storage, Inc., +1-858-571-5555, cbond@overlandstorage.com ; or media, Jamie Ernst of Brodeur Worldwide, +1-310-316-9335, jernst@brodeur.com , for Overland Storage, Inc./
