Sphere 3D Signs Master Agreement With iPro to Deploy Virtualization Solutions to Over 200 Healthcare Locations
October 08 2015 - 9:02AM
Sphere 3D Corp. (NASDAQ:ANY), a virtualization and data management
solutions provider, today announced it has partnered with iPro, a
value added solution provider of healthcare technology and services
based in Calhoun, GA, that serves over 300 healthcare sites through
its Healthcare division. This partnership further highlights Sphere
3D's strategy to optimize its virtualization solutions for use
within the healthcare vertical, which has shown strong demand for
virtual workspaces as a means to support improved patient care.
Through the first phase of the agreement, Sphere 3D will provide
its virtualization solutions to over 200 iPro supported
sites. The initial implementation will support 50 users at
each healthcare location, with the ability to seamlessly increase
the number of users as needed. Over the next three years,
Sphere 3D expects to deliver all the hyperconverged infrastructure
required to support these facilities as well as receive a recurring
monthly software maintenance fee post deployment. If fully
implemented, the total contract value is estimated to exceed $13
million over the next 3 years.
iPro's network of healthcare clients are facing the need for
enhanced patient record security, coupled with demands for
anywhere, anytime access to patient data. The use of
hyperconverged infrastructure to deliver virtual desktops and
applications allows IT departments to keep information in the data
center and off end user devices. This approach not only provides
for greater data control and security, but improves clinical
workflow, enhances accessibility to that workflow and reduces the
cost of replacing dedicated workstations.
About iPro
iPro is a value added solution provider of quality technology
products and services. Through cooperation with our clients
and vendors, it is our mission to provide valuable solutions with
expertise, integrity, and professionalism to provide long term
client satisfaction. For more information on iPro, go to
www.ipro-inc.com
About Sphere 3D
Sphere 3D Corp. (NASDAQ:ANY) delivers virtualization technology
and data management products that enable workload-optimized
solutions. We achieve this through a combination of virtual
applications, virtual desktops, virtual storage and physical
hyper-converged platforms. Sphere 3D's value proposition is simple
and direct—we allow organizations to deploy a combination of
public, private or hybrid cloud strategies while backing them up
with state of the art storage solutions. Sphere 3D, along with its
wholly-owned subsidiaries Overland Storage and Tandberg Data, has a
strong portfolio of brands including Glassware 2.0™, SnapCLOUD™,
SnapScale®, SnapServer®, V3, RDX®, and NEO®. For more
information, visit www.sphere3d.com.
Safe Harbor Statement
This press release contains forward-looking statements including
statements regarding our estimates of the number of users over the
next three years and our expectations with respect to monthly
maintenance fee revenue and contract value, and timing and extent
of deployment of infrastructure. These forward-looking
statements 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, the possibility that the contract will not be
fully implemented due to changes in iPro requirements or other
reasons, 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; any
increase in Sphere 3D's cash needs or our inability to obtain
additional debt or equity financing; market adoption and
performance 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 the periodic reports file 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.
CONTACT: Media Contact:
Sphere 3D:
Tina Brown
tina.brown@sphere3D.com
1-408-283-4731
Investor Contact:
MKR Group, Inc.
Todd Kehrli or Jim Byers
any@mkr-group.com
323-468-2300
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