Sphere 3D Corp.  a virtualization and data management solutions provider, unveiled its
plans for a new virtual storage platform during its Q1, 2015 earnings
call held on May 13, 2015.

Sphere 3D’s virtual storage platform is built on a
proprietary, simple and resilient storage operating system, the same
platform that is storing and protecting over 350 petabytes of storage
onsite at customer deployments worldwide. With versatile performance and
capacity options designed to meet the needs of almost any application
and workload, users will benefit from fully-featured enterprise NAS
functionality in the cloud.

The new virtual NAS appliance is easy to provision in the
cloud, and delivers the existing breakthrough features from Sphere 3D’s
award winning storage portfolio, including built-in sync and share for
data access anywhere, anytime and from any device. This new offering
brings the simplicity required for customers to deploy enterprise-grade
data storage in minutes. The new virtual appliances are designed to
seamlessly integrate with Sphere 3D’s existing deployment of hundreds of
thousands of physical SnapServer® and SnapScale® enterprise storage
appliances in existing customer environments. Whether customers wish to
choose a public, private or hybrid cloud model, the ability to address
their needs for data growth, backup or disaster recovery has never been

Additional details will be made available at the previously
announced events entitled “Technologies to Power the Next Cloud,” where
the company will provide the first public demonstrations of the new
virtual storage platform. These events are being held at Microsoft
Technology Centers in Silicon Valley/Mt. View on May 20, followed by New
York on May 27, and Toronto on June 17. An additional date for London,
England will be announced soon.

Recent Industry reports show enterprise NAS consumption in
the cloud as one of the fastest growing categories of public cloud
services. Reseller partners interested in learning more about Sphere
3D’s virtual cloud storage solutions are invited to join Sphere 3D for
this exclusive event by registering at http://sphere3d.com/events/microsoft-azure/index.html.

About Sphere 3D

Sphere 3D Corp. (NASDAQ: ANY)
is a virtualization technology and data management solutions provider
with a portfolio of workload-optimized, purpose-built solutions that
address the complete IT workspace delivery and management including the
data lifecycle continuum from active data to data at rest. Dedicated to
continue to lead through innovation, Sphere 3D enables the integration
of virtual applications, virtual desktops, and storage platforms,
allowing organizations to deploy a combination of public, private or
hybrid cloud strategies. Sphere 3D’s Glassware 2.0®
platform delivers virtualization of some of the most demanding
applications in the marketplace today, making it easy to move
applications from a physical PC or workstation to a virtual environment.
Sphere 3D’s V3
hyper-converged infrastructure solutions include one of the industry’s
first purpose-built appliances for virtual workspace workloads and the Desktop Cloud Orchestrator™ management software for VDI. Overland Storage and Tandberg Data,
wholly-owned subsidiaries of Sphere 3D, provide an integrated range of
technologies and services for primary, nearline, offline, and archival
data storage that make it easy and cost-effective to manage different
tiers of information over the data lifecycle. For more information,
visit www.sphere3d.com.

Contact Information

Media Contact:
Pattie Adams
Director, Global Corporate Communications
+1 408/283-4779



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