Toronto, ON – Overland Storage, Inc. (Nasdaq: OVRL) recently announced the appointment of Jillian Mansolf as vice president of worldwide sales and marketing. In this position, Mansolf will leverage her extensive sales and channel marketing experience to lead the company’s global sales and marketing teams.
“We are extremely pleased to welcome Jillian to our executive team as the head of worldwide sales and marketing,” said Eric Kelly, chief executive officer of Overland Storage. “Jillian is a storage industry veteran with a strong track record of success, including her tenure as an officer and executive at Snap Appliance. Her unique industry perspective as well as significant sales and marketing expertise will prove instrumental in leading the Overland sales organization while broadening our strategic marketing efforts worldwide.”
Previously, Mansolf served as senior vice president of sales and marketing at Data Robotics, where she spearheaded the company’s global sales and marketing initiatives. Prior to that, she held various executive positions at Motion Computing, Maxtor and Dell. At Snap Appliance, Mansolf played a pivotal role in doubling sales and establishing the company as the worldwide NAS volume market leader.
Ravi Pendekanti will take on a new role as vice president of business development and solutions. This executive position, which reports to Kelly, reflects the importance of integrated solutions as a major growth driver in Overland’s business. “Our strengthened executive team is well positioned to accelerate growth across all major lines of business and geographic areas,” added Kelly. “This will ensure Overland continually delivers compelling end-to-end solutions that effectively meet our customers’ requirements.”
Overland also reported that it granted inducement stock options to Mansolf who can purchase up to 120,000 shares of its common stock. Additionally, 75,000 shares have been granted to Andy Walsky, who joined the company recently as vice president of EMEA sales. The options were granted as inducements material to employment in accordance with NASDAQ Listing Rule 5635(c)(4).
About Keating Technologies
Keating Technologies, headquartered in Markham (northeast Toronto), Ontario, is a three-time winner of Canada’s 50 Best Managed Companies Program. As Canada’s leading branch outsourcing service to the high technology industry, the company has been responsible for bringing more than $1 billion in technology products and services to Canadian businesses and consumers. Keating provides Total Market Management® services, including sales, marketing and customer support through its offices in Montreal, Vancouver and Markham. For more information, visit Keating’s web site at www.keating.com.
About Overland Storage
Overland Storage provides affordable end-to-end data protection solutions that are engineered to store smarter, protect faster and extend anywhere – across networked storage, media types and multi-site environments. Overland Storage products include award-winning NEO SERIES® and ARCvault™ tape libraries, REO SERIES® disk-based backup and recovery appliances with VTL capabilities, Snap Server® NAS appliances, and ULTAMUS™ RAID high-performance, high-density storage. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland’s web site at www.overlandstorage.com.
Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as “believe,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates” and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and the company’s actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include: possible delays in new product introductions and shipments; failure to achieve desired benefits from cost-cutting measures; market acceptance of the company’s new product offerings; the ability to maintain strong relationships with branded channel partners; the timing and market acceptance of new product introductions by competitors; worldwide information technology spending levels; unexpected shortages of critical components; rescheduling or cancellation of customer orders; loss of a major customer; general competition and price pressures in the marketplace; the company’s ability to control costs and expenses; and general economic conditions. Reference is also made to other factors detailed from time to time in the company’s periodic reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.