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Overland Storage® Wins Tape-Based Product of the Year at 2014 Storage Awards

NEO 8000e Tape Library wins top honors in Tape Products Category; Tandberg Data StorageLibrary T40+ named runner-up

San Diego, CA, 16 June, 2014 — Overland Storage, Inc. (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today announced that its NEO 8000e Tape Library was named 'Product of the Year' in the Tape-Based category at the 2014 Storage Awards held in London. In addition, the company's Tandberg Data StorageLibrary T40+ was honored as a runner-up in the competition.

The annual "Storries" awards competition, conducted by UK-based Storage Magazine, recognizes the outstanding products and solutions in the storage industry that demonstrate clear business value and compelling business advantages for end-user organizations.

"We are honored to receive the Tape-Based Product of the Year award as it is a proof-point in our mission to continue providing customers with the industry's best total cost of ownership with superior reliability," said Eric Kelly, president and CEO of Overland Storage. "The additional selection of our Tandberg Data StorageLibrary T40+ as a finalist in the tape product category underscores the significance and breadth of our extensive and complementary product offerings in the enterprise storage industry."

With over 100,000 installations worldwide, customers in global industries including retail, banking and finance, healthcare, education, government, media/broadcast, travel, entertainment, technology and oil and gas, trust their data to Overland Storage.

About the Overland Storage NEO 8000e

Based on the award-winning Overland Storage patented NEO architecture, the NEO 8000e provides the reliability, high-end data availability and manageability features needed to address the backup and archive needs of the most demanding enterprise data centers. Whether customers have a high-performance, high duty cycle backup and archive application, or simply need a cost-effective solution that allows them to store massive amounts of data, the NEO 8000e delivers the features and functionality they need, and eliminates complex and costly installations, configuration, manageability and serviceability.

The Overland Storage NEO 8000e provides the ultimate in flexibility by delivering data storage capacities ranging from 150TB to 6PB, and data transfer speeds from 504GB/hour to over 34 TB per hour. High-availability features such as redundant power and robotics, failover capability and advanced diagnostics ensure that the customer's data is automatically sale and always available.

About Overland Storage

Overland Storage is a trusted global provider of unified data management and data protection solutions across the data lifecycle. The Company delivers one of the most extensive and complementary product portfolios and service offerings in the industry. By providing an integrated range of technologies and services for primary, nearline, offline, and archival data storage, Overland Storage and Tandberg Data, a wholly-owned subsidiary of Overland, make it easy and cost-effective to manage different tiers of information over the data lifecycle, whether distributed data is across the hall or across the globe. Overland Storage and Tandberg Data solutions are available through a select network of value-added resellers and system integrators. For more information, visit www.overlandstorage.com or www.tandbergdata.com.

Overland Storage, the Overland logo and Tandberg Data are trademarks or registered trademarks of Overland Storage, Inc. that may be registered in some jurisdictions. All other trademarks are the property of their respective owners.

Pattie Adams
Director, Global Corporate Communications
(408) 283-4779
padams@overlandstorage.com

21 January 2014
Overland Storage Shareholders Approve Acquisition of Tandberg Data

Overland Storage (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today announced that it has received the shareholder votes necessary to complete its acquisition of Tandberg Data Holdings S.à r.l., a privately held global leader of data storage and data protection solutions.

22 January 2014
Overland Storage Completes Acquisition of Tandberg Data

Overland Storage (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today announced that it has completed its acquisition of Tandberg Data Holdings S.à r.l., a privately held global leader of data storage and data protection solutions.

12 February 2014
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Overland partner Sphere 3D acquires V3 Systems, creating new purpose built VDI appliance and software defined storage solution

14 February 2014
Overland Storage Reports Second Quarter Fiscal 2014 Results

Overland today reported financial results for its fiscal 2014 second quarter ended December 31, 2013

12 May 2014
Recognition for Leadership Excellence at 2014 HR Symposium

Overland’s Global VP of HR Carol Dixon Honored at Northern California HR Symposium

15 May 2014
Overland Storage Reports Third Quarter Fiscal 2014 Results

Overland Storage (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today reported financial results for its fiscal 2014 third quarter ended March 31, 2014.

15 May 2014
Sphere 3D and Overland Storage Enter Into Definitive Merger Agreement

Combination creates leading virtualization and data management software solutions company

20 May 2014
Virtualization Wins: Novarad Success With NovaGlass Imaging Software

Hundreds of Attendees Test Drive V3 Appliances and Glassware 2.0 Virtualization Software on SnapServer DX2 Appliances at Launch

16 June 2014
Overland Storage Wins Tape-Based Product of the Year at 2014 Storage Awards

NEO 8000e Tape Library Wins Top Honors in Tape Products Category; Tandberg Data StorageLibrary T40+ Named Runner-Up

08 July 2014
Overland Storage SnapServer Delivers Integrated, Secure Private Cloud Mobility Solution

SnapServer DX with embedded BitTorrent Sync provides encrypted file sharing and distributed anywhere access—faster than traditional cloud services

24 July 2014
Overland Enhances SnapServer GuardianOS for Simple Storage Management

New GuardianOS software improves compatibility, security and performance

24 July 2014
Overland Appoints Nilesh Patel as VP of Product Management and Product Marketing

Overland Storage today announced that Nilesh Patel has joined the company.

30 July 2014
Overland Storage Enters Into Strategic Partnership With BDT and Settles Patent Lawsuit

Overland Storage has entered into a patent cross-license agreement with BDT Media Automation GmbH and a strategic investment in Overland Storage by BDT.

04 August 2014
Business Update; Overland Expects to Exceed $24 Million Revenue for Q4FY14

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19 August 2014
Next Generation Hyper-Converged Appliance for VDI

Launch of V3 hyper-converged virtual desktop appliance to address the rapidly-growing virtualization and cloud markets.

26 August 2014
Enterprise-class Storage Software in New Desktop Design for SMBs

New GuardianOS® 7.6 Software Brings High-Performance, Space-Efficient SnapShots for Continuous Data Protection; Integrates RDX® Removable Disk Storage Backup Capability; Enterprise-Class Replication and Remote Access Features.

28 August 2014
RDX Removable Storage Delivers Industry-leading Features for Enterprises and SMBs

RDX Delivers Deduplication With AccuGuard Enterprise Software; Adds SnapServer NAS Integration, MAC Media Compatibility, Windows Backup, and QuadPAK Rack Kit.

14 October 2014
Overland Storage Expects to Exceed Synergy Estimates and is On Track for Completion of Company Transformation

Overland Storage, Inc. reported progress on the third phase of the company's transformation and its achievements for operational efficiencies

15 October 2014
Overland Storage Reshapes Tape Automation Landscape With New NEO XL-Series Tape Libraries

High-density, scalable NEO XL-Series joins completely refreshed portfolio of tape automation solutions that reduce cost of ownership and offer superior investment protection

04 November 2014
New Enterprise Scale-Out Solution with RAINcloud OS 4.1 for Virtualization

VMware-Certified SnapScale® Clustered Data Storage, Featuring RAINcloud® OS 4.1 Software, Protects and Manages Data in Cloud and Distributed Enterprise Environments

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