Overland Storage and Sphere 3D Deliver Revolutionary Technology Enabling Secure Access to Native Applications and Data Manage...
16 July 2013 - 8:30PM
Marketwired
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™ 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™
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™ 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
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.
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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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