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Overland Storage and Sphere 3D Deliver Revolutionary Technology Enabling Secure Access to Native Applications and Data

Overland Storage and Sphere 3D Deliver Revolutionary Technology Enabling Secure 
Access to Native Applications and Data Management on
Any Device 
SAN DIEGO, CA and MISSISSAUGA, ON -- (Marketwired) -- 07/16/13 -- 
Overland Storage (NASDAQ: OVRL), the trusted global provider of
effortless data management and data protection solutions across the
data lifecycle, in partnership with Sphere 3D Corporation (TSX
VENTURE: ANY), developer of Glassware 2.0(TM) technology, today
announced they have developed the first integrated solution that
delivers the full functionality of hardware, operating systems, and
applications via the cloud to any device. 
The combination of Overland's data storage solutions, including its
flagship SnapScale, and Sphere 3D's Glassware 2.0 virtualization
solution, will enable mobile device users the full functionality of
any software program or application on any device, anywhere,
eliminating the application limitations, data management and security
problems for enterprises created by the BYOD (Bring Your Own Device)
phenomenon. Mobile users that need productivity applications such as
word processing, spreadsheets, presentations and collaborations,
specialized software for computer-aided design (CAD), magnetic
resonance imaging (MRI), software development, video production or
customized legacy applications can now experience full application
functionality via the cloud. A video presentation on this integrated
solution may be viewed here: http://youtu.be/0UuZBZ5KeF4 
Business users today cannot truly be productive while on the go
without access to the full functionality of the business programs
they utilize every day. Additionally, security issues arise for
enterprises when data is downloaded to an unsecure personal mobile
device, or transferred to cloud solutions out of the enterprise's
control, each of which presents critical concerns around the
ever-growing BYOD phenomenon. When utilizing the Overland Storage
cloud or appliance coupled with Sphere 3D's Glassware 2.0(TM)
technology, mobile business users will be able to access the
applications they want, along with the corporate data they need,
without any data ever leaving the security of the enterprise. 
"BYOD has achieved broad acceptance with 89% of organizations
allowing their employees to use their own mobile devices for work
purposes, and in just six countries (U.S., U.K., Germany, China,
India and Brazil) the number of BYOD devices is expected to double to
405 million by 2016 from 198 million in 2013," said Eric Kelly,
President and CEO of Overland Storage. "This Sphere 3D partnership
has been a part of Overland's strategy for over a year and is key to
delivering on our vision of providing a global distributed enterprise
architecture that would give us access to one of the fastest growing
markets." 
"We are excited to combine our virtualization technology solution
with Overland's data storage expertise and to expand our offering
beyond the consumer to address the substantial enterprise
opportunity," said Peter Tassiopoulos, CEO of Sphere 3D. "Overland
has been an innovator in data storage for more than 30 years, and
this partnership gives us access to their robust channel of thousands
of resellers in 60 different countries and an installed base of more
than 450 thousand."  
As part of this strategic partnership, Overland and Sphere 3D have
entered into a supplier agreement whereby Sphere 3D will procure its
cloud infrastructure solutions from Overland, as well as a technology
agreement which grants Overland the licensing rights for the
enterprise market. In addition, Overland will assume an equity stake
in Sphere 3D and Mr. Kelly will join the Sphere 3D Board as its
Chairman. 
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 data 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 SnapScale, 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. 
About Sphere 3D Corporation
 Sphere 3D Corporation (TSX VENTURE: ANY)
is a Mississauga, Ontario based virtualization technology solution
provider whose patent pending Glassware 2.0(TM) 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(TM) 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 
Connect with Overland Storage
 Follow Overland on Twitter:
www.twitter.com/OverlandStorage 
 Visit Overland on Facebook:
www.facebook.com/OverlandStorage 
Overland Storage, SnapScale, SnapServer, SnapSAN, NEO Series, REO
Series and the Overland logo are trademarks Overland Storage, Inc.,
that may be registered in some jurisdictions. All other trademarks
used are owned by their respective owners. 
Embedded Video Available: 
http://www2.marketwire.com/mw/frame_mw?attachid=2358184 
Overland Investor Relations Contact:
Todd Kehrli or Jim Byers
MKR Group Inc.
323-468-2300
ovrl@mkr-group.com 
Sphere 3D Contact:
Sphere 3D Corporation
Peter Tassiopoulos
Chief Executive Officer 
416-749-5999 
Peter.Tassiopoulos@Sphere3D.com 
 
 
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