"Today's businesses are experiencing hyper-growth in their corporate data, which in turn dramatically increases the cost of managing their storage," said Nilesh Patel, Vice President of Product Management and Product Marketing at Overland Storage. "Recent innovations in density, high-performance data transfer rates, and end-to-end data management software make tape infrastructure an integral part of today's backup and long-term retention solutions. With six times better transfer rate performance and 64% more density per rack unit compared to the nearest competitors in its class, NEO XL establishes a new, unmatched watermark of value compared to any other competitive options in the industry."