Sphere 3D Glassware 2.0(TM) Application Containerization Technology Increases Financial Advisor Productivity for Canada's Fas...
November 13 2015 - 1:10PM
Sphere 3D Corp. (NASDAQ:ANY), a containerization, virtualization
and data management solutions provider, today announced its
successful project installation of Glassware 2.0™ at Dominion
Lending Centres Mortgage Village (DLC Mortgage Village). DLC
Mortgage Village's lending professionals can securely access
mission critical financial legacy applications and industry credit
facilities using Glassware 2.0™ whether in the office or remotely
via PCs and the latest mobile devices. Sphere 3D's GW2000
appliance, which utilizes Glassware 2.0 containerization
technology, provides DLC Mortgage Village financial advisors with
secure, full access to banking credit, authentication and
processing systems (normally only available in branch).
This installation was accomplished without the need to re-code,
re-tool or re-format applications or content – ensuring zero
disruption to existing business processes. In fact, the
project installation was filmed live (see November 10, 2015 video
at https://live.sphere3d.com/pastevents) and took under one hour to
complete. As DLC Mortgage Village expands its locations,
Sphere 3D application containerization solutions provides DLC
Mortgage Village with the ability to offer better service and
recruit qualified advisors, by having access to the latest
technology.
"DLC Mortgage Village's selection of Sphere 3D is an ideal
example of how on-cloud and on-premise deployment strategies are
enabling financial institutions to securely boost productivity and
customer service – by modernizing branch-based solutions," said
Eric Kelly, CEO of Sphere 3D. "This is an exciting venture for
Sphere 3D, as we provide DLC Mortgage Village with high
availability access to vital financial data, credit approval and
lending systems for advisors, branches and remote users across
multiple cities. This allows DLC Mortgage Village to operate as a
cohesive team and further demonstrates our technology leadership in
secure application virtualization for mission-critical
processes."
According to Jonathan Tillger, Co-Owner of DLC Mortgage Village,
"Our Glassware 2.0 environment is essential to maintaining customer
service in the competitive mortgage and commercial lending market
place – it allows us to quickly access customer files and credit
systems securely from any location. Our team is expanding
rapidly. We needed to select a technology that would grow with
our business and support multiple office advisors and key
administrative personnel so they can work remotely, in fact from as
far as 6,000 miles from our office headquarters. We don't have
time to focus on managing technology, as that distracts us from our
core business. I was pleasantly surprised that Sphere 3D's
Glassware 2.0 solution took under one hour to deploy! We are
excited by the opportunity to provide modern mobile tools to our
team and confident that sensitive customer data is safely stored,
as Glassware 2.0 eliminates potential security
vulnerabilities."
About Dominion Lending Centre Mortgage Village
Dominion Lending Centres Mortgage Village, is an independently
owned and operated branch of Canada's fastest growing national
mortgage and leasing company – which has a network of 350 branches
across Canada. Dominion Lending Centre Mortgage Village (DLC
Mortgage Village) based in Mississauga Ontario offers expert
advice, with access to more than 230 lending institutions,
including big banks, credit unions and trust companies. DLC
Mortgage Village's licensed team of mortgage professionals offer a
vast array of available mortgage and commercial leasing products
for equipment. For more information, visit
www.dominionlendingcanada.ca.
About Glassware 2.0
Sphere 3D's Glassware 2.0 container-based platform extends the
useful life of applications by making it easy to move applications
from a physical PC or workstation to a virtual environment. Unlike
hypervisor-based approaches, with Glassware 2.0 containers, the
application's host OS is never installed on the appliance (server).
Instead, Glassware 2.0 provides only the necessary elements of the
operating system (kernel) an application needs to run.
Organizations with older applications can now continue to run them
on robust and current hardware platforms free from fears of end of
life support and security vulnerabilities. Glassware 2.0 can
virtualize 16, 32, and 64-bit Microsoft Windows applications and
deliver them with native functionality to most end user devices
including Chromebooks, Windows 10 Devices, iPads, thin clients,
tablets, etc.
About Sphere 3D Sphere 3D Corp. (NASDAQ:ANY)
delivers containerization and virtualization technologies along
with data management products that enable workload-optimized
solutions. We achieve this through a combination of containerized
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 expectations with respect to revenue and
contract value over the next three years, 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, 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 Contacts:
Eileen Elam
Sphere 3D
408-283-4734
media.relations@sphere3d.com
Nick Foot
BWW Communications
+44-1491-636393
Nick.foot@bwwcomms.com
Investor Relations
Mike Bishop
The Blueshirt Group
Tel: +1 415-217-4968
mike@blueshirtgroup.com
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