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Overland Struggles With 'Softness': Page 3 of 3

Overland is also planning to add the new LTO-4 tape drives to its ARCvault family of products, according to McClendon. (See Dell Delivers LTO-4, Maxell Ships Data Cartridge, and Imation Ships LTO 4 Cartridges.) At the moment, the vendor is testing the technologies, and expects to launch its first LTO-4 offering in the first quarter of 2008.

In recent quarters Overland has wrestled with problems at its contract manufacturer, prompting the vendor to shift manufacturing back to its own San Diego facility. "As forecasted, my mid-February, we had returned all assembly line and support functions to San Diego, and they were fully staffed and operational," said McLendon.

There was no change in Overland's share price this morning, with stock remaining stable at $3.82.

James Rogers, Senior Editor Byte and Switch

  • Dell Inc. (Nasdaq: DELL)
  • Hewlett-Packard Co. (NYSE: HPQ)
  • Isilon Systems Inc. (Nasdaq: ISLN)
  • LSI Corp. (NYSE: LSI)
  • Overland Storage Inc. (Nasdaq: OVRL)
  • Sun Microsystems Inc. (Nasdaq: SUNW)
  • Xyratex Ltd.