Sphere 3D's Overland Storage Network Attached Storage (NAS) Products Fortified with Encrypted Continuous Replication (ECR)

San Jose, California--(Newsfile Corp. - May 25, 2016) - Sphere 3D Corp. (NASDAQ: ANY), a containerization, virtualization and data management solutions provider and parent company of Overland Storage and Tandberg Data, today announced that it has enhanced its widely deployed Snap family of on-premise and Cloud storage products with Encrypted Continuous Replication (ECR). Snap ECR™ provides business continuity to SMBs and enterprises with near-zero data loss in the event of an IT failure. Snap ECR, backed by patent No. 8,296,398 and 8,856,233, is a highly secure, continuous replication solution that replicates only changed data at wire speed, thereby providing bandwidth savings, and ensuring that data is always protected even during peak usage hours. Moreover, it provides secure and encrypted data transmission across the network, therefore eliminating the need for a VPN.

Snap ECR augments Snap EDR™ (Enterprise Data Replication) which replicates data across multiple platforms and tends to be scheduled during off peak hours by IT managers. With the combination of these two replication offerings, IT departments can have ultra-secure data storage that reduces network bandwidth and provides near zero data loss business continuity for a broad range of workloads, including those consisting of millions of files. As with all Snap products, it is backed by the company’s OverlandCare 24 hours a day x 7 days a week x 365 days a year technical support. Snap ECR also augments the newest offerings within the Snap family of products, including the newly released SnapSync™ enterprise-class file synchronization and sharing solution that was announced on March 30^th, (see press release at http://bit.ly/1ZnCUjM) to give enterprises and SMBs a truly robust and secure data storage solution.

"At Sphere 3D, we pride ourselves on providing some of the best data storage solutions in the industry, while continuing to innovate to make them even better," commented Sibrina Shafique, director of Snap product line management. "Our Snap ECR is an example of the technical innovation that has made our Snap product line a leader for years. With some of the most secure and efficient replication capabilities in the industry, and always on data synchronization, we are able to provide customers any time data access from any device, securely and efficiently.'"

"Our institutional bank clientele require the most reliable and robust data storage solution in the industry," said Dave Anderson, director of technical support services at Modern Banking Systems and authorized reseller of Overland Storage’s SnapServer NAS products for the past ten years.

"Sphere 3D continues to gives me peace of mind, as I know I am offering best-in-breed solutions that are future proofed as my banking customers grow and evolve their businesses. The latest SnapECR and SnapSync along with OverlandCare 24x7x365 support make the Snap family even more desirable. "

Snap ECR highlights include:

• Continuous replication between SnapServer and SnapCloud
• Business continuity with near zero data loss
• Provides disaster recovery for enterprises and SMBs
• Military grade, secure, over-the-wire encryption with 4096 bit RSA asymmetric keys meeting tough federal standards beyond 2030
• Supports a broad range of workloads including millions of small files
• Encrypts data prior to replicating from a Snap storage product whether it is SnapCLOUD or SnapServer, so no VPN connection is required
• Performance monitoring and statistics reporting for replication optimization

Pricing and Availability

Snap ECR is available at no additional charge to Snap customers that are under active warranty or a software maintenance contract, making them eligible to upgrade to the Overland Storage Guardian OS 7.7 operating system. It is available with SnapCLOUD, the pay as you go on-demand storage solution available through Microsoft Azure; and with on-premise SnapServer XSD 40, XSR 40, XSR 120, NAS DX2 and DX1 products.

For more information on Snap ECR, please go to this link: http://www.overlandstorage.com/products/technology/replication-technologies.aspx#SnapECR

About Sphere 3D

Sphere 3D Corp. (NASDAQ: ANY) delivers industry renowned data management, and desktop and application virtualization solutions via hybrid Cloud, Cloud and on-premise implementations through its global reseller network. Sphere 3D, along with its wholly-owned subsidiaries Overland Storage and Tandberg Data, has a strong portfolio of brands including Glassware 2.0™, SnapCLOUD™, SnapScale®, SnapServer®, SnapSync ™, V3, RDX®, and NEO®. For more information, visit www.sphere3d.com and follow us on Twitter @Sphere3D, @overlandstorage, and @tandbergdata

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Media Contacts:
Eileen Elam
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media.relations@sphere3d.com
 

Nick Foot
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Safe Harbor Statement

This press release may contain 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, without limitation, 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 timing of releases of any new or updated versions of our products; the performance and functionality of our products; 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.