Overland NEO “Upgrade and Save” Cash Back Program

Overland Storage, Inc. has launched its NEO Upgrade and Save Cash Back Program wherein customers can receive cash rebates of up to $12,000 by upgrading their legacy tape drive technologies to newer, faster, higher capacity technologies, including the new NEO LTO-5 solutions.

Benefits of upgrading
to NEO Series next-generation LTO technology:

• Increase storage capacity by as much as 3X
• Increase data transfer rates by as much as 2X
• Improve the security of data with features such as WORM and encryption
• Improve cost of ownership by increasing the density of existing storage Upgrade and Save Offer for Current NEO Series Customers
• Current NEO customers can take advantage of up to $12,000 cash back with the purchase of LTO tape technology add-on drives until May 21, 2010
• Upgrade to LTO-4: Receive $500 cash back per add-on drive purchased
• Upgrade to LTO-5: Receive $1,000 cash back per add-on drive purchased Upgrade and Save Offer for New Customers
• New customers can take advantage of a separate cash back program when they purchase NEO Series data protection solutions with LTO-5.