Overland-Tandberg Announces RDX 5TB Removable Disk Media Availability

Highest Capacity RDX Media Available Increases Maximum Per Cartridge Storage by 25%

SAN JOSE, Calif. and DORTMUND, Germany, March 20, 2018 (GLOBE NEWSWIRE) -- Overland-Tandberg™, a brand of Sphere 3D Corp. (NASDAQ:ANY) and a leading provider of data management, backup and storage solutions, today announced the release of its new RDX® 5TB Removable Disk Media. The new 5TB cartridge is the highest capacity RDX media on the market today, increasing maximum per cartridge storage by 25 percent.

The new 5TB capacity media is ideal for usage in data-intensive environments that require the highest capacities, such as digital media and broadcast post-production workflows and archiving as well as Hybrid Cloud applications, while maintaining its rugged, shockproof design keeping customers’ data protected even under the most extreme conditions. The new 5TB RDX cartridge is also fully compatible with all RDX QuikStor® and QuikStation® systems available on the market today. 

“With more than 3 million RDX media and close to 2,000 exabytes of data deployed to date, the release of our RDX 5TB Removable Disk Media marks the next capacity milestone for the RDX disk-based storage family,” said Hugo Bergmann, director RDX product line at Overland-Tandberg. “The product not only complements Overland-Tandberg’s existing QuikStor and QuikStation solutions to meet today’s most stringent storage, compliance and data protection requirements, it also offers superior benefits including instant availability for business continuity and offsite safekeeping for disaster recovery. We can now bring businesses of all sizes a reliable, easy-to-use and cost-effective data protection and archive solution.”

Product Availability

RDX 5TB Removable Disk Media are now available for order through authorized Overland-Tandberg channel partners, starting at an MSRP of €635 Euros or $739 US dollars.

For further information, please go to the RDX Products overview page at this link or contact a sales representative at sales@overlandtandberg.com

About the Overland-Tandberg Storage Group:

Overland-Tandberg™ is the unified brand that leverages the 30-plus-year history of 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 @ovltb.

Safe Harbor Statement
This press release contains forward-looking statements, which include, among others, Sphere 3D’s expectations, beliefs, plans, objectives, prospects assumptions or future events or performance;  the market adoption, actual performance and functionality of our products; unforeseen and proposed 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; and other risks detailed from time to time in our periodic reports contained in our Annual Information Form and other filings with Canadian securities regulators (www.sedar.com) and in periodic reports filed with the United States Securities and Exchange Commission (www.sec.gov).  All forward-looking statements speak only as of the date of this written communication. 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.

WW Corporate Contact:
Tina Brown

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@tandbergdata.com

Europe Media Contact:
Konzept PR GmbH, Leonhardsberg 3, 86150 Augsburg
Michael Baumann, Tel: +49-821-34300-16, E-Mail: m.baumann@konzept-pr.de

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1796626f-c60e-4a7c-a9fc-6bfa6bee2c94