(ANY) and Microsoft to Showcase Virtualization and Cloud Solutions

Joint Roadshow Will be Held at Microsoft Technology Centers and Include Demonstrations of Sphere 3D’s Technologies for the “Next Cloud”

SAN JOSE, Calif., April 23, 2015  — Sphere 3D Corp. (Nasdaq:ANY), a virtualization and data management solutions provider, today announced that in collaboration with Microsoft, the company will showcase its technologies and product solutions during a joint global partner roadshow that will be hosted at multiple Microsoft Technology Center (MTCs) locations. During these events, Sphere 3D will present its cloud-enabling technologies, including Glassware 2.0 Windows container technology for application delivery, and virtualized storage technologies for enterprise hybrid cloud infrastructure, to a combined audience of Microsoft and Sphere 3D channel partners.

Sphere 3D and Microsoft have confirmed the schedule for the events at the Microsoft Technology Center in Silicon Valley/Mt. View, CA on May 20, 2015, and in New York on May 27, 2015. Dates for the events in London and Toronto will be announced shortly. Resellers and channel partners of Sphere 3D and Microsoft can register for these exclusive events at http://sphere3d.com/events/microsoft-azure/index.html.

“We are excited to have the opportunity to showcase our portfolio of cloud enabling solutions to a combined group of Microsoft and Sphere 3D partners,” said Eric Kelly, CEO of Sphere 3D Corp. “The Microsoft Technology Centers are excellent venues for us to show partners how they can leverage our unique technology in combination with Microsoft Azure to simplify and accelerate customers’ transition to cloud-integrated solutions.”

The Microsoft Technology Centers are collaborative environments, currently located in 37 major cities around the world, which provide access to innovative technologies and world-class expertise, enabling customers to envision, design, and deploy solutions to meet their exact needs. The MTCs include a spectrum of purpose-built environments of comprehensive resources, including hardware, software, and services to ensure world-class learning and development experiences.

About Sphere 3D

Sphere 3D Corp. (Nasdaq:ANY) is a virtualization technology and data management solutions provider with a portfolio of workload-optimized solutions that address IT needs for delivering productivity through workspace and data infrastructure and management. Dedicated to continue to lead through innovation, Sphere 3D enables the integration of virtual applications, virtual desktops, and storage into workflow, and allows 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.

Safe Harbor Statement

This press release contains 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; market adoption and performance of our products; possible actions by customers, 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.

CONTACT: Media Contact:
         Pattie Adams
         Director, Global Corporate Communications
         +1 408/283-4779
         pattie.adams@sphere3d.com