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Overland Storage’s SnapServer NAS Solution Granted Preferred Certification Status by Biotest Pharmaceuticals

International pharmaceutical company’s purchase of Snap family, and certification demonstrates Sphere 3D subsidiary’s leadership in network attached storage market

SAN JOSE, Calif., July 21, 2016 (GLOBE NEWSWIRE) — Sphere 3D Corp. (NASDAQ:ANY), a containerization, virtualization and data management solutions provider, today announced that its subsidiary, Overland Storage has reached the highest level of preferred vendor status for its SnapServer® NAS product suite with a large international pharmaceutical company, Biotest Pharmaceuticals.

Established in 2007, Biotest Pharmaceuticals owns and manages plasmapheresis centers across the United States and operates a state-of-the-art manufacturing facility in Boca Raton, Florida. The company is a subsidiary of Biotest AG which employs approximately 2,100 people worldwide. Its scientists collaborate globally on plasma research and other academic programs, often managing large amounts of data that require secure and flexible storage solutions. SnapServer includes SnapECRTM, an encrypted replication feature which allows information to be shared securely amongst all Biotest’s pharmaceutical sites.

With more than 300,000 SnapServer NAS storage units shipped along with the award-winning GuardianOS® operating system, SnapServer continues to grain trust for protecting and managing critical information. Moreover, seamless integration with SnapCLOUDTM, the company’s virtual enterprise NAS platform available in the Azure Marketplace, enables rapid solution deployment for organizations in a secure, fast and easy way which utilizes a comprehensive hybrid cloud storage infrastructure with centralized management.

Sibrina Shafique, Sphere 3D’s senior director, product management and marketing commented, “Significant transformations in the pharmaceutical industry have led to exponential growth in research data, which at most times is generated in geographically-distributed locations. SnapServer, a widely deployed data storage solution with operational simplicity, offers high reliability and seamless growth. In a geographically distributed storage deployment, the built-in array of replication tools makes it easy to move the data around and the SnapStorage ManagerTM enables centralized management. We believe our SnapCLOUDTM, SnapSync TM and SnapServer product family is a game changer for the storage industry and puts us in a unique position to be a single source for a complete private and hybrid cloud experience.”

Biotest completed a thorough and diligent examination of many companies and selected Sphere3D’s Overland Storage subsidiary as its partner of choice to meet its global storage and solution requirements. Sphere 3D’s workflow enhancement provides Biotest with the means to access and store its research safely while accessing and moving collaborative information around the world with other medical professionals and staff. The turnkey SnapServer NAS and SnapCLOUD products enable Biotest to effectively work with its thousands of employees and colleagues worldwide and increase productivity.

About Biotest Pharmaceuticals Corporation
Biotest Pharmaceuticals is a wholly-owned subsidiary of Biotest AG, a German global provider of plasma products. The Company researches, develops and manufactures biotherapeutic plasma protein products, with a specialization in immunology and hematology and is a leader in the collection of source plasma.

Biotest Pharmaceuticals’ team of over 900 employees is part of Biotest AG’s global workforce of nearly 2,100 associates worldwide. To learn more about Biotest Pharmaceuticals, its Plasma Centers and the difference it makes in the lives of patients and the healthcare community, please visit www.biotestpharma.com and www.biotestplasma.com.

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 2.0TM, SnapCLOUDTM, SnapScale®, SnapServer®, SnapSync TM, NEO®, RDX® and V3®. For more information, visit www.sphere3d.com. Follow us on Twitter @Sphere3D, @overlandstorage, and @tandbergdata.

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.

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Sphere 3D Corporation