Sphere 3D Corp. (NASDAQ:ANY), a containerization, virtualization
and data management solutions provider and parent company of
Overland Storage and Tandberg Data, today announced SnapSync™, a
highly secure, private, and fast file sharing software product for
the enterprise and the SMB. SnapSync uses peer-to-peer data
distribution technology, runs on the company’s popular on-premise
SnapServer® and Cloud-based SnapCLOUD™ storage products, and is
compatible with Android, iOS, Windows, and MacOS clients.
The SnapSync integrated offering for private and hybrid Cloud
Storage deployments enables users to synchronize, share and access
files and folders of any size from anywhere on any
device—regardless of the storage limit of the target client device.
The newly released and advanced service offerings are delivered at
a fraction of the cost of typical public Cloud-based ‘box’ storage
products. More important, SnapSync provides superior security
features and sophisticated centralized IT control of client data
while providing immediate disaster recovery and backup.
“At San José State University’s Lucas College and Graduate
School of Business, we had specific criteria for the security of
our data as well as a need for a robust backup and disaster
recovery infrastructure. Our faculty and staff store large amounts
of research data and protected student data on their office
machines,” said Malu Roldan, the associate dean of Undergraduate
Programs in the College of Business. “By having a secure and
redundant node in the peer-to-peer network, our users have been
able to selectively and automatically sync key sensitive data while
being assured that it is well protected and can be quickly
replicated should there be a glitch anywhere in our network. I am
pleased to say that we have been able to use SnapSync to address
these stringent requirements.”
“We have designed SnapSync to not only make it available for new
customers, but to also extend its capabilities to the large number
of Snap storage units that have been shipped to companies across
the globe,” said Eric Kelly, CEO of Sphere3D. “Our go-to-market
strategy and tactics will continue to leverage our increasingly
large installed base, which will accelerate adoption of our
integrative offering. Additionally, we will continue targeting new
vertical markets, like education, that demand a high level of
security, flexibility and world-class service.”
According to a market study from Osterman Research, 75 percent
of IT decision makers and influencers are concerned about the level
of use of consumer file sync and share tools within their
organizations, and consider their lack of security and IT
management control to be a major problem. For example, popular
Cloud file storage products allow the user to send an email link to
share their files, which enables the recipient to access data that
can be forwarded again and again, and allows that data to easily be
captured by non-approved parties.
“IT decision makers are frustrated with the lack of centralized
control for corporate data landing in the Cloud, which continues to
increase with mobile workforces that use their personal devices for
work tasks. With SnapSync, the originator of the file share
authorizes access to other parties, enabling improved data control
and a content IT manager,” said Mark Bowker, ESG
analyst. “SnapSync’s security and control features like
encrypted keys, provide the document originator the ability to
remove access for a particular user if the access is no longer
required. This ensures the data remains secure within the
enterprise.”
Most competing storage systems only back up on a periodic basis
– daily, weekly, etc. – and information can take days or weeks to
be retrieved by the equipment provider following a system meltdown.
Organizations leveraging SnapSync private Cloud benefit from fast
disaster recovery and business continuity with almost complete
recovery of that data if they are synchronized with the company’s
central Snap storage-based infrastructure. This is made possible by
the Snap storage site-to-site continuous replication features that
help ensure the latest data is always backed up, recoverable and
available.
“In today’s agile business world, enterprise users are looking
for always-on, Cloud-integrated, mobile-ready and secured access of
corporate information without always requiring a VPN connection.
SnapSync, along with our Snap storage products, provides
enterprises and SMBs with a value proposition that features the
lowest total cost of ownership, most secure and most scalable
configuration to share and store data, with the knowledge that if
there’s a critical system failure they can be up and running within
minutes with a close to zero recovery point objective (RPO),” noted
Nilesh Patel, VP product management and marketing at Sphere 3D. He
concluded, “We believe this is a game changer for companies that
are looking for the most versatile and secure environment while
still meeting the mobility requirements of their workforces.”
Specific benefits of SnapSync include:
- Centralized IT control and management
- Time-based access: expiration deadlines
- Owner approval for re-shared links and folders. Can limit
access to read-only
- Control and own your data
- Keep data on your own secure and private Cloud
- Leverage on-premise Snap storage to build a private Cloud for
unlimited data access on any device from anywhere
- There is no limit to capacity other than the amount of storage
purchased
- Optimized for “on the go” data access and
collaboration
- Intelligent sync: 100s of TBs accessible on >16GB phone
memory but synchronize only the files you need. Save expensive
mobile data bandwidth
- Continuous mobile device backup. Preserve storage space on
mobile devices
- Data Protection
- Data encrypted and protected without requiring a VPN
connection
- Data wipe capabilities for lost or stolen devices
- Enterprise class technical support Included
- Global Phone, email and web support
- Software updates and patches
Pricing and Availability
SnapSync is compatible with Android, iOS, Windows, and MacOS
clients, and is designed for use with Sphere 3D’s on premise
SnapServer storage appliance, as well as on its SnapCLOUD virtual
storage platform located in the Microsoft Azure Cloud
Marketplace. Pricing for a private cloud bundle with a
SnapServer appliance starts at $1795 MSRP, with the first year of
SnapSync licenses for a minimum of 25 users included. That is an
effective price of less than $6 per user per month. For those
existing SnapServer and SnapCLOUD customers whose systems are
compatible with the latest available version of the GuardianOS
software, standalone SnapSync software licenses are available for
an annual or a 3-year contract. For more information on the
SnapSync solution, features, and benefits please visit the SnapSync
web page at
http://www.overlandstorage.com/products/snapsync/index.aspx#Overview.
About SnapServer and SnapCLOUD
SnapCLOUD is a virtual storage platform based on Sphere 3D’s
SnapServer® on-premise data storage systems which have been
installed by 300,000 plus customers worldwide. SnapCLOUD and
SnapServer, both built upon the award winning GuardianOS operating
system, bring the simplicity of deploying enterprise-grade data
storage and data protection in minutes to meet unplanned business
growth needs. SnapCLOUD and SnapServer deliver the following
benefits:
- Users can centrally manage and monitor a globally distributed
data center to enhance both their on-premises physical data center
and/or their data in the Cloud, allowing data management across the
organization to be the same everywhere.
- Users get secure data access anywhere and on any
device. The SnapSync built-in sync and share functionality
enables users and devices to share data directly from Snap in
conformance with business policies.
- SnapCLOUD users can create a high performance and
resilient virtual environment in minutes, using servers, storage
and networking from the Microsoft Azure Marketplace.
Customers only pay for what they use.
- Users have access to seamless storage expansion through the
DynamicRAID feature, which allows the adding or replacing of hard
drives as well as the dynamic grown or shrink of storage pools as
capacity requirements change, without the need to re-provision or
have IT intervention.
For more information on how to purchase get a SnapServer
on-premise storage system or the SnapCLOUD virtual storage on
Microsoft Azure, go to
http://www.overlandstorage.com/products/snapsync/index.aspx#HowToBuy.
About Sphere 3DSphere 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. Follow us on
Twitter @Sphere3D or @overlandstorage.
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; any increase in Sphere 3D’s cash needs or our
inability to obtain additional debt or equity financing;
performance and functionality of our products, including the Snap
product families; the timing of our product releases and launches,
the adoption of our products by potential and existing customers,
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),
and risks detailed in the Form F-4/A relating to Sphere 3D’s merger
with Overland Storage filed with the SEC. 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.
Media Contacts:
Eileen Elam
408-283-4734
media.relations@sphere3d.com
Nick Foot
BWW Communications
+44-1491-636393
Nick.foot@bwwcomms.com
Investor Contact:
Blueshirt Group
Michael Bishop
415-217-4968
mike@blueshirtgroup.com
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