Contact: Howard Rippiner
Overland Data (Europe) Ltd.
+44 (0)1189 898022
Paul Shlackman/Alex Murphy
Strategic Alliance International
+44 (0)1494 434434
Overland has 25 percent market share says IDC
Overland Data, Inc., a technology leader in tape backup products, today announced it has become Europe’s number one supplier of midrange tape automation products. Figures just released by IDC for the third quarter of 2000 show Overland leading the Europe, Middle East & Africa (EMEA) market in terms of units shipped with a share of around 25 percent.
"We are delighted with this endorsement by customers," said Nick Charles, VP for Overland EMEA. "Our channel partners have done an excellent job and we have always been convinced that our reputation for quality, reliability and versatility would bring market success."
IDC’s figures for the last quarter also reveal that when shipments were counted by manufacturer of origin, as opposed to vendor, Overland’s lead was increased to a 31 per cent market share.
"Overland had an excellent third quarter," said Zarah Damji, storage analyst with IDC. "They have been steadily increasing their market share for many quarters now."
Midrange libraries include DLT, DLT1, 8mm (AIT, Mammoth and VXA) and SLR drive technologies.
Overland Data, Inc. (NASDAQ: OVRL) is a global supplier of innovative data storage and storage automation solutions for computer networks. The Company’s award-winning DLT LibraryXpress SmartScale Storage® architecture has set the standard for intelligent automated storage and scalability and established Overland as a leader in the mid-range tape storage market. Today, Overland is broadening its product line and technology offerings to address additional segments of the storage market, including the entry-level small-business market, as well as the higher-end enterprise environment. Overland's patented Variable Rate Randomizer (VR2) data encoding technology, capable of substantially increasing the capacity and throughput of linear tape formats, is being applied by the Company to its entry-level tape drive offerings. It has also been licensed to Imation Corp., Seagate Technology, StorageTek and Tandberg Data. Overland products, acclaimed for their quality and reliabili!
ty, are sold worldwide through leading OEMs, including Compaq, Fujitsu Siemens Computers, Groupe Bull, IBM and NCR commercial distributors such as Bell Microproducts, Ingram Micro and Tech Data Corp., as well as storage integrators and value-added resellers.
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