Overland Storage Announces "Upgrade and Save" Cash Back Program


SAN DIEGO, CA--(Marketwire - March 16, 2010) - Overland Storage, Inc., the trusted global provider of effortless data management and data protection solutions across the data lifecycle, announced that as part of its ongoing mission to provide customers with the best combination of capacity, performance and affordability, Overland has launched its NEO Upgrade and Save Cash Back Program wherein customers can receive cash rebates of up to $12,000 by upgrading their legacy tape drive technologies to newer, faster, higher capacity technologies, including the new NEO LTO-5 solutions.

Interested customers can visit: www.overlandstorage.com/upgradeandsave

Benefits of upgrading to NEO Series next-generation LTO technology
--  Increase storage capacity by as much as 3X
--  Increase data transfer rates by as much as 2X
--  Improve the security of data with features such as WORM and encryption
--  Improve cost of ownership by increasing the density of existing storage

Upgrade and Save Offer for Current NEO Series Customers
--  Current NEO customers can take advantage of up to $12,000 cash back
    with the purchase of LTO tape technology add-on drives until May 21,
    2010
--  Upgrade to LTO-4: Receive $500 cash back per add-on drive purchased
--  Upgrade to LTO-5: Receive $1000 cash back per add-on drive purchased

Upgrade and Save Offer for New Customers
--  New customers can take advantage of a separate cash back program when
    they purchase NEO Series data protection solutions with LTO-5. Please
    contact sales at overlandstorage.com for more details

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 SnapServer®, NEO® and REO® solutions are available through a select network of value added resellers and system integrators. For more information, visit www.overlandstorage.com

Overland Storage, NEO, and the Overland logo are trademarks of Overland Storage, Inc. that may be registered in some jurisdictions; all other trade names herein are recognized to be the property of their respective owners.

Contact Information: Media Contact: Elizabeth Zaborowska Bhava Communications 510.219.8127

Overland Storage NEO(R) line of backup and archive solutions now with leading LTO-5 technology