Overland-Tandberg(TM) Data Storage Brand Stands Strong Against Data Security Threats
(Thomson Reuters ONE) -
New Storage Brand represents Trust, Service and Long Legacy of Data Protection
from malicious software like Ransomware and crypto viruses
SAN JOSE, Calif. and DORTMUND, Germany, June 28, 2017 (GLOBE NEWSWIRE) --
Tandberg Data and Overland Storage, subsidiaries of Sphere 3D Corp. (NASDAQ:ANY)
and both long time leading storage companies, today announced the launch of
their new brand and logo Overland-Tandberg(TM). The new Overland-Tandberg brand
represents more than 30 years of history, trust, superior service, and data
protection leadership. It offers a comprehensive portfolio for storage, backup,
disaster recovery, archiving and data protection.
One of the most pressing data security challenges businesses are facing today is
how to best protect themselves against malicious software like Ransomware,
crypto viruses and Trojans. This threat was painfully illustrated recently by
the global "Wannacry" attack that caused widespread and critical disruption to
business continuity. With these threats now being part of daily business risks,
it is a high priority for businesses to protect critical business data and to
ensure the fastest recovery and business continuity in the unfortunate case of
falling victim to an attack.
The Overland-Tandberg solutions provide both the "online" and "offline"
components required for a comprehensive multi-tiered backup and recovery plan.
The "offline" is an imperative component, as it is disconnected from online
processes and not reachable through any network for invaders to reach. The
integrated "online" offering is what enables the fast recovery and business
continuity, thus reducing the level of disruption to a minimum.
"As a long-time partner of both Overland Storage and Tandberg Data, Ingram Micro
is very happy to hear that Overland-Tandberg is now going to market as one
strong, combined data storage brand," said Sumru Gerken, Senior Manager
Components & Networking, Business Management & Sales Division. "We are convinced
that the resulting joint go-to-market activities, processes and services will
address the needs of our broad resellers, VARs and systems integrators to answer
today's challenges in data protection; whether it is backup, archiving or data
protection. We are looking forward to continuing our collaboration with
Overland-Tandberg as we view them as one of the more established and channel-
friendly brands in the market."
The European Union General Data Protection Regulation (EU-GDPR) compliance
requirement, which goes into effect May 2018, is another challenge faced by both
the European Union (EU) and multi-national companies. Every organization with
business in the EU will need to make changes to its data protection oversight,
technology and processes to prepare for the new rules. However, per a recent
IDC Research survey1, more than half of 700 surveyed European companies admitted
they were unsure of the impact of the upcoming EU-GDPR regulations on their
organizations. Overland-Tandberg is optimally positioned to provide its channel
partners and customers with efficient solutions to ensure readiness and
compliance in the fields of business continuity, disaster recovery planning and
long-term archiving.
"Today I am excited to say we have not only been successful in merging our
storage portfolio, partner tools, sales and service processes under the new
Overland-Tandberg brand, but we have also become one consistent global team of
focused and motivated employees," said Graham Paterson, Vice President of Sales,
Overland-Tandberg EMEA. "In these times of uncertainty around security and data
privacy, our global team is committed and ready to help our channel partners and
their customers succeed in their data protection and IT infrastructure goals."
Tina Brown, Vice President of Corporate Marketing and Programs for Sphere 3D
Corp., also commented, "Sphere 3D continues to move forward on the plans the
company announced earlier this year to establish the data storage group to
ensure a better market focus on the segment. The Overland-Tandberg brand
represents a true and trusted competence center for storage solutions, with our
central product lines NEO®, RDX® and SnapServer® - representing a strong legacy
of data storage intellectual property, expertise and experience."
For more information about the comprehensive solution offerings available from
Overland-Tandberg, review the resources listed below:
* Download the Overland-Tandberg Storage Solutions Family Brochure at
this link
* Download our Backup and Recovery Solutions Whitepaper at this link
* Learn more about our comprehensive storage solutions that support IP Video
Surveillance at this link
About the Overland-Tandberg Storage Group:
Overland-Tandberg(TM) is the unified brand that leverages the combined 50-plus-
year history of Sphere 3D Corp subsidiaries, Overland Storage and Tandberg
Data. With over one million units deployed worldwide, Overland-Tandberg
delivers data management, backup and archive solutions via hybrid Cloud, Cloud
and on-premises implementations through its global reseller network in over 90
countries. For more information,
visit www.tandbergdata.com and www.overlandstorage.com. Connect with us
on LinkedIn. Follow us on Twitter (at)ovltb.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks,
uncertainties, and assumptions that are difficult to predict. Actual results and
the timing of events could differ materially from those anticipated in such
forward-looking statements as a result of risks and uncertainties, including the
market adoption, actual performance and functionality of our products; our
inability to comply with the covenants in our credit facilities or to obtain
additional debt or equity financing; any increase in our future cash needs; our
ability to successfully integrate the UCX and HVE ConneXions business with
Sphere 3D's other businesses; our ability to regain compliance with the NASDAQ
minimum closing bid price requirement between now and July 31, 2017; our
inability to take other actions to regain compliance with the NASDAQ minimum
closing bid price requirement; our ability to maintain compliance with other
NASDAQ Capital Market listing requirements; unforeseen changes in the course of
Sphere 3D's business or the business of its wholly-owned subsidiaries,
including, without limitation, Overland Storage and Tandberg Data; the level of
success of our collaborations and business partnerships; possible actions by
customers, partners, suppliers, competitors or regulatory authorities; and other
risks detailed from time to time in Sphere 3D's periodic reports contained in
our Annual Information Form and other filings with Canadian securities
regulators (www.sedar.com) and in prior periodic reports filed with the United
States Securities and Exchange Commission (www.sec.gov). Sphere 3D undertakes no
obligation to update any forward-looking statement, whether written or oral,
that may be made from time to time, whether as a result of new information,
future developments or otherwise, except as required by law.
1 https://www.welivesecurity.com/2017/05/10/idc-1-in-5-companies-prepared-for-
gdpr/
Europe Corporate Contact:
Tandberg Data GmbH, Feldstraße 81, D-44141 Dortmund
Anja Scholl, Channel Marketing Manager EMEA
Tel: +49-231-5436-227, E-Mail: anja.scholl(at)tandbergdata.com
Europe Media Contact:
Konzept PR GmbH, Leonhardsberg 3, 86150 Augsburg
Michael Baumann, Tel: +49-821-34300-16, E-Mail: m.baumann(at)konzept-pr.de
US Corporate and Media Contact
Tina Brown
Tel: +1 408-283-4731
media.relations(at)sphere3d.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Overland-Tandberg via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 28.06.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 550163
Anzahl Zeichen: 8874
contact information:
Town:
San Jose
Kategorie:
Business News
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"Overland-Tandberg(TM) Data Storage Brand Stands Strong Against Data Security Threats"
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