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Sphere 3D Appoints Eric Kelly as Chairman and Director



Sphere 3D Appoints Eric Kelly as Chairman and Director

MISSISSAUGA, Ontario, July 16, 2013 (GLOBE NEWSWIRE) -- Sphere 3D Corporation
(TSX-V:ANY) ("Sphere 3D" or the "Company"), developer of Glassware 2.0™
foundational thin client technology, announced today the appointment of Mr.
Eric L. Kelly, President and CEO of Overland Storage, Inc., as a director of
the Company and to serve in the capacity of Chairman of the Board.

Eric Kelly is a seasoned executive with over 30 years' experience in the
technology industry and possesses distinct operational, marketing and sales
expertise. Mr. Kelly has served as Chief Executive Officer of Overland Storage
since January 2009, its President since January 2010 and a member of its Board
of Directors since November 2007.  Previously, he was President of Silicon
Valley Management Partners Inc., a management consulting and M&A advisory
firm, which he co-founded in 2007. Prior to Overland, Mr. Kelly also held the
positions of Vice President and General Manager of Storage Systems Solutions
at Adaptec, Inc.; President and CEO of Snap Appliance, which was acquired by
Adaptec; President of the Systems Division at Maxtor Corp.; and had various
prior executive-level  roles with  Dell Computer Corp., Diamond Multimedia,
Conner Peripherals and IBM. In March of 2013, U.S. Deputy Secretary of
Commerce Rebecca Blank appointed Mr. Kelly to the 2013 US Department of
Commerce Manufacturing Council, where he currently serves as Vice-chairman of
the subcommittee on Workforce and Public Perception of Manufacturing. Mr.
Kelly possesses an M.B.A. from San Francisco State University and a B.S. in
Business from San Jose State University.

"We are fortunate that Eric has agreed to join the Board and look forward to
his guidance and stewardship as Chairman. His extensive start-up and operating
experience will be of considerable value to Sphere 3D as the Company continues
to introduce its technology to the marketplace," said Peter Tassiopoulos, CEO
of Sphere 3D.

The Company, its management and board of directors would like to thank Jason
Meretsky, for his dedication and service as Chairman. Mr. Meretsky will
continue as a director of the Company.  Following the appointment of Mr.
Kelly, the board of directors of Sphere 3D will consist of the following six
directors: Peter Ashkin, Mario Biasini, Glenn Bowman, Eric Kelly, Jason
Meretsky and John Morelli.

About Sphere 3D

Sphere 3D Corporation (TSX-V:ANY) is a Mississauga, Ontario based
virtualization technology solution provider whose patent pending Glassware
2.0™ technology makes it possible for incompatible devices and applications to
run over the cloud, without sacrificing performance or security. Sphere 3D's
Glassware 2.0™ ultra-thin client allows third parties to deliver fully
featured products to any cloud connected device independent of operating
system or hardware. For additional information visit www.sphere3d.com or
access the Company's public filings at www.sedar.com.

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements,
without limitation, may contain the words believes, expects, anticipates,
estimates, intends, plans, or similar expressions. Forward-looking statements
are not guarantees of future performance. They involve risks, uncertainties
and assumptions and Sphere 3D's actual results could differ materially from
those anticipated. Forward looking statements are based on the opinions and
estimates of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those projected in the
forward-looking statements. In the context of any forward-looking information
please refer to risk factors detailed in, as well as other information
contained in the company's filings with Canadian securities regulators.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
     term is defined in the policies of the TSX Venture Exchange) accepts
               responsibility for the adequacy of this release.

   Not for distribution in the United States or through United States wire
                                  services.

CONTACT: Sphere 3D Corporation
         Peter Tassiopoulos CEO
         Tel: (416) 749-5999
         Peter.Tassiopoulos@Sphere3D.com
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