Overland Storage Appoints Storage Veteran to Board of Directors


SAN DIEGO, CA--(Marketwire - February 16, 2011) - Overland Storage, Inc. (NASDAQ: OVRL), the trusted global provider of effortless data management and data protection solutions across the data lifecycle, today announced the appointment of Shmuel Shottan to its Board of Directors. 

Mr. Shottan is the CTO of BlueArc Corporation, a leading enterprise NAS company, where he has served in such capacity since September 2001. In this role, he successfully redefined the product roadmap, led strategic elements of the Hitachi Data Systems OEM deal and led the engineering organization. Prior to this he was a General Partner at Quantum Technology Ventures where he made multiple high visibility storage and networking investments. Mr. Shottan has served as the chief strategy officer for Quantum Corporation's Snap Appliance division and as the CTO at Snap Appliances prior to its acquisition by Quantum. His previous experiences include technical and strategic roles at Parallan Computer, AST Research, Computer Consoles and TML. He is a graduate of Technion Institute of Technology.

Eric Kelly, president and Chief Executive Officer of Overland Storage, stated, "The Board and I are pleased to welcome Shmuel Shottan to our Board of Directors. With over 25 years of experience in developing innovative products, leading global engineering teams and managing growing technology companies, Shmuel is widely recognized as a technology leader in the storage industry." Kelly added, "We have no doubt that his insight will benefit Overland Storage as we continue to focus on our strategic priorities in driving innovation and expanding our addressable markets."

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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Contact Information:

Contacts

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

Investor Contact:
Abhi Kanitkar
ICR
abhi.kanitkar@icrinc.com
415-671-0745

Shmuel Shottan