Overland Storage NEO 8000e Named a Finalist for Enterprise Data Storage Product of the Year by SearchStorage.com and Storage Magazine

Overland's Most Powerful and Highest Capacity Tape Library Among Best Backup Hardware Solutions


SAN DIEGO, CA--(Marketwire - January 27, 2011) - Overland Storage (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced that its NEO 8000e enterprise tape library has been selected as a Storage Magazine/SearchStorage.com 2010 Product of the Year award finalist in the Backup Hardware category.

In its eighth year, the Storage Magazine/SearchStorage.com Product of the Year awards recognize the greatest achievements in enterprise storage innovation. The editorial staff of Storage Magazine and SearchStorage.com selected 43 finalists in a range of categories out of approximately 200 entries for the 2010 Product of the Year awards. Finalists in the competition are distinguished by their innovation, value and capabilities.  Three winners -- gold, silver and bronze -- will be announced in each category in the February issue of Storage Magazine.

NEO 8000e is a next-generation LTO-5 tape library solution specifically designed for large, data intensive businesses. Built on Overland's patented, award-winning NEO architecture, the NEO 8000e effortlessly expands to meet changing data storage needs and provides high data availability, redundancy and serviceability. With storage capacity of up to 3PB and rapid data transfer rates of up to 24TB/hour, NEO 8000e delivers enterprise-class data protection at a price typically associated with midrange solutions. 

"The flexible NEO 8000e tape library quenches businesses' unstoppable thirst for storage capacity and performance and enables large amounts of data to be consolidated onto one simple solution for long term data storage," said Peri Grover, director of product marketing for tape products, Overland Storage. "This recognition by Storage Magazine and SearchStorage.com underscores the uniquely advantageous position enjoyed by NEO 8000e in the enterprise."

For more information about the 2010 Product of the Year awards and for a full list of enterprise data storage finalists, please visit: http://searchstorage.techtarget.com/generic/0,295582,sid5_gci1525950,00.html

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®, SnapSAN®, NEO®, and REO® 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, SnapServer, SnapSAN, NEO, REO 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.

Contact Information:

Media Contact:
Elizabeth Zaborowska
Bhava Communications
overland@bhavacom.com
510-219-8127

Overland Storage NEO 8000e -- Biggest, fastest NEO E Series enterprise-ready backup & archive solution Overland Storage NEO 8000e has been named a finalist for the 2010 Enterprise Data Storage Product of the Year in the Backup Hardware category by Storage Magazine and SearchStorage.com.