Overland Storage Is Compliant With NASDAQ Listing Requirements
SAN DIEGO, CA -- (Marketwired) -- 12/16/13 -- Overland Storage
(NASDAQ: OVRL), a trusted global provider of unified data management
and data protection solutions across the data lifecycle, today
announced that the Company is compliant with the minimum market value
of listed securities requirement set forth in NASDAQ Listing Rule
5550(b)(2) and the minimum bid price requirement set forth in Listing
Rule 5550(a)(2). Accordingly, NASDAQ has confirmed to the Company
that it is compliant for continued listing on the NASDAQ Capital
Market and the matter is now closed.
About Overland Storage
Overland Storage is a trusted global provider
of unified data management and data protection solutions across the
data lifecycle. By providing an integrated range of technologies and
services for primary, nearline, offline, and archival 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 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.
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Overland Storage, SnapScale, SnapSAN, SnapServer, NEO Series, REO
Series and the Overland logo are trademarks of Overland Storage,
Inc., that may be registered in some jurisdictions. All other
trademarks used are owned by their respective owners.
Investor Relations Contact:
Todd Kehrli or Jim Byers
MKR Group Inc.
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