Overland Storage Forges Sales and Marketing Relationship with Keating Technologies to Increase Market Traction in Canada
17 December 2008 - 11:30PM
PR Newswire (US)
Company Bolsters Channel Penetration of End-to-End Data Protection
Offerings by Aligning with Canada's Leading Branch Outsourcing
Company SAN DIEGO, Dec. 17 /PRNewswire-FirstCall/ -- Overland
Storage, Inc. (NASDAQ:OVRL) today announced that it has entered
into an exclusive sales and marketing relationship with Keating
Technologies, a company that provides leading branch outsourcing
services to the Canadian marketplace. As Overland's representative
in Canada, Keating will deliver integrated sales and marketing
services to value-added resellers and distributors of Overland's
complete array of end-to-end data protection solutions, including
REO SERIES(R) disk-based VTL appliances, NEO SERIES(R) and
ARCvault(TM) tape libraries, Snap Server(R) NAS appliances and
ULTAMUS(R) RAID high-performance storage. According to Ravi
Pendekanti, vice president of worldwide sales and marketing for
Overland Storage, the alliance with Keating Technologies will
enable Overland to accelerate its momentum in the Canadian
marketplace while ensuring that its customers receive the highest
levels of responsive service and support. "We are delighted to
partner with Keating Technologies as they are an acknowledged
leader with a strong track record of helping U.S.-based technology
companies build a strong marketing presence throughout Canada," he
says. "Keating's stellar business reputation and in-depth knowledge
of the storage industry will prove invaluable in elevating
Overland's brand awareness in Canada while enabling us to steadily
accelerate our sales growth within the region." "Overland Storage
is a leading innovator of data protection storage appliances for
the small, mid-sized and distributed enterprise markets," said
Larry J. Keating, president and CEO of Keating Technologies. "With
their recent acquisition of the Snap Server product line from
Adaptec, Overland has a well rounded family of products consisting
of SAN, NAS, Disk and Tape back-up and we are excited to help them
grow in the Canadian market." More than 1.5 exabytes of storage are
safeguarded by Overland's family of data protection products, which
are deployed by mid-range and distributed organizations worldwide.
Many of the world's leaders in the financial services, healthcare,
education, oil and gas, law enforcement and manufacturing
industries trust Overland to keep their mission-critical data
optimized, protected and readily available. About Keating
Technologies Keating Technologies, headquartered in Markham
(northeast Toronto), Ontario, is a three-time winner of Canada's 50
Best Managed Companies Program. As Canada's leading branch
outsourcing service to the high technology industry, the company
has been responsible for bringing more than $1 billion in
technology products and services to Canadian businesses and
consumers. Keating provides Total Market Management(R) services,
including sales, marketing and customer support through its offices
in Vancouver and Markham. For more information, visit Keating's web
site at http://www.keating.com/ About Overland Storage Overland
Storage provides affordable end-to-end data protection solutions
that are engineered to store smarter, protect faster and extend
anywhere -- across networked storage, media types, and multi-site
environments. Overland Storage products include award-winning NEO
SERIES(R) and ARCvault(R) tape libraries, REO SERIES(R) disk-based
backup and recovery appliances with VTL capabilities, Snap
Server(R) NAS appliances, and ULTAMUS(R) RAID high-performance,
high-density storage. Overland sells its products through leading
OEMs, commercial distributors, storage integrators and value-added
resellers. For more information, visit Overland's web site at
http://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, satisfaction or disappointment
with current prospects, as well as words such as "believe,"
"hopes," "intends," "estimates," "expects," "projects," "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: unexpected
delays or costs related to the acquisition and integration of the
Snap business; possible delays in new product introductions and
shipments; failure to achieve desired benefits from cost-cutting
measures; market acceptance of the company's new product offerings;
the ability to maintain strong relationships with branded channel
partners; the timing and market acceptance of new product
introductions by competitors; worldwide information technology
spending levels; unexpected shortages of critical components;
rescheduling or cancellation of customer orders; loss of a major
customer; general competition and price pressures in the
marketplace; the company's ability to control costs and expenses;
and general economic conditions. Reference is also made to other
factors detailed from time to time in the company's periodic
reports filed with the Securities and Exchange Commission. 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. Keating name and
Keating Technologies is a registered trademark of Keating
Technologies Inc. Overland, Overland Storage, REO Series, REO, NEO
Series, NEO, ARCvault, ULTAMUS, Snap Server, GuardianOS and Snap
Enterprise Data Replicator are trademarks of Overland Storage, Inc.
DATASOURCE: Overland Storage, Inc. CONTACT: Sue Hetzel of
HetzelMeade Communications for Overland, +1-760-434-9927, ; or Tina
Bester, Marketing Communications Specialist of Keating Technologies
Inc., +1-905-305-6519, Web site: http://www.overlandstorage.com/
http://www.keating.com/
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