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Overland Storage Leaps Forward in the Tape Revolution With LTO6 Offerings

October 11, 2012

Oct 11, 2012 (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 availability of groundbreaking LTO6 technology in the company's line of NEO Series tape libraries. NEO Series libraries with LTO6 combine the latest in tape technology advancements. Providing up to 6.25TB of storage capacity on a single data cartridge, the new LTO6 technology now increases user storage capacities by more than twice that of previous generation technology. Incredibly fast data transfer rates of up to 1.4TB/hr per tape drive enable users to back up and retrieve data at lightning-fast speeds. When LTO6 tape drives are incorporated into a NEO-Series tape library, users can take advantage of storage capacities ranging from 56TB to 6.3PB and move data at speeds ranging from 576GB/hr up to 35TB/hr. These capacity and performance increases, as well as embedded LTFS technology which provides "drag & drop" tape functionality, continue to put tape at the forefront of long-term data storage.

George Crump, Senior Analyst with Storage Switzerland recently remarked, "With this next generation of LTO technology, we see tape moving from just being included in the data center game plan into a starring role. LTO6 tape will have a significant density advantage, more capacity on a per form factor basis, ease of use with LTFS, and a significant throughput advantage on a per device basis."

NEO Series tape libraries are designed to meet a variety of data storage requirements across the enterprise.Whether it's small office or remote location data storage needs that are easily and affordably addressed by the NEO S-Series, or enterprise high-performance, high data availability operations addressed by the NEO E-Series, the NEO Series libraries provide the features, reliability and affordability needed by companies of all shapes and sizes.

"Customers who choose a NEO Series tape library with LTO6 will see an immediate cost of ownership advantage. Combining the incredible storage capacity and speed of LTO6 with NEO's feature-rich capabilities, compact form factors, superior reliability and unmatched affordability mean there's no better option for long-term data storage," said Peri Grover, Director of Product Marketing for Overland Storage. "The amount of early demand we've seen from customers for LTO6, and the fact that the tape market is expected to grow 45 percent through 2015, is a clear indicator that tape is now, and will be for the foreseeable future, a critical component of any data center storage hierarchy."

NEO Series libraries with LTO6 are available for order immediately. For a limited time, Overland Storage is offering incentives to customers who wish to take advantage of the increased capacity and speed LTO6 can bring to their data center. For more details please visit www.overlandstorage.com.

About Overland Storage
Overland Storage is the trusted global provider of effortless data management and data protection solutions across the data lifecycle. By providing an integrated range of technologies and services for primary, nearline, offline, archival, and cloud storage, Overland makes it easy and cost effective to manage different tiers of information over time. Whether distributed data is across the hall or across the globe, Overland enables companies to focus on building their business instead of worrying about data growth. Overland SnapServer, SnapSAN, NEO Series and REO Series solutions are available through a select network of value added resellers and system integrators. For more information, visit www.overlandstorage.com.

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Overland Storage, NEO, NEO Series, SnapServer, SnapSAN, REO Series and Overland logo are trademarks Overland Storage, Inc., that may be registered in some jurisdictions. All other trademarks used are owned by their respective owners.

Media Contact:
Elizabeth Zaborowska
Bhava Communications
overland@bhavacom.com
510-219-8127