WELCOME JUNE 15, The Next Cloud

1

1

WELCOME

J U N E 1 5 , 2 0 1 5

“The Next Cloud”

2

2

Except for the factual statements made herein, the information contained in this presentation consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as “believes,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates” and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and our actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include, but are not limited to: the company’s ability to maintain and increase sales volumes of its products; the ability to continue to aggressively control costs and operating expenses; the ability to achieve the intended cost savings and maintain quality with its manufacturing partners; its ability to generate cash from operations; the ability of our suppliers to provide an adequate supply of components for the company’s products at prices consistent with historical prices; the ability to raise outside capital and to repay the company’s debt as it comes due; the ability to introduce new competitive products and the degree of market acceptance of such new products; the timing and market acceptance of new products introduced by Sphere 3D’s competitors; the company’s ability to maintain strong relationships with branded channel partners; the ability to maintain the listing of Sphere 3D’s common stock on the NASDAQ Global Market; customers’, suppliers’ and creditors’

perceptions of Sphere 3D’s continued viability; rescheduling or cancellation of customer orders; loss of a major customer; the Company’s ability to enforce its intellectual property rights and protect its intellectual property (including the outcome of its ongoing patent litigation); general competition and price measures in the market place; unexpected shortages of critical components; worldwide information technology spending levels; and general economic conditions. Reference is also made to other factors detailed from time to time in Sphere 3D’s periodic reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this presentation and Sphere 3D undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this presentation.

3

3

Welcome

Product

Overview

and

Demo

Strategic

Vision and

Company

Overview

Next Cloud

Product

Showcase

Industry

Trends in a

Mobile-first,

Cloud-first

Trends in a

Mobile 1

st

,

Cloud 1

st

World

Larry Orecklin,

Tech adoption goes through stages

Note: All enterprises do not evolve at the same velocity through these stages. Some lag significantly Source:: Forrester Research, “Transform I&O for the Future Technology Management Cycle”, February 2014

Optimization

•

Technology becomes secondary, value delivery focus

•

Competition shifts to cost/value ratio

•

Disruption anew

Exploration

•

Intense technological evaluation,

experimentation

•

Search for a dominant technology &

approach

Rationalization

•

Tech orientation mostly set

Client Server/PC Era

Exploration

(1980–1998)

Rationalization

(1999–2004)

Optimization

(2005–present)

Today

Mobile + Cloud

Rationalization

•

Shift from simple apps to capturing client mobile moments

•

Shift in SaaS adoption from LOB to IT

•

Cloud adoption: from elite DevOps to legions of Coders & IT Ops

•

Hypergrowth for cloud services from mobile + social + IoT +

big data

•

Hybrid is here to stay

Azure

Public

Cloud

Core business application, hybrid by design

Extend business applications to cloud

Extend

on-premises

apps

Rapid

innovation

Business-ready

capabilities

“ We tried traditional virtualization techniques but the specific apps we needed couldn’t virtualize or wouldn’t scale. With our Glassware 2.0 enabled solution, we were able to virtualize the applications we needed and future proof our investment in devices for our students.”

Dustin Hardin,

Director of Technology New Caney ISD

13

13

14

14

A leader in virtualization and

data management technology.

Developing software that provides

new ways to deliver, manage, and

retain information

“so that we can live a more productive life”

15

15

Any App, Any Device, Anytime™….

Any App, Any Device, Anytime™….

Any App, Any Device, Anytime™….

21

21

23

23

U.S.: Exec HQ, Operations, R&D

Norway: R&D

Germany: EMEA HQ

France

London

Japan: Sales Office

China: Manufacturing facility Singapore:APAC HQ

India Dubai Canada: Sales, R&D

Sphere3D Today – Global Presence

24

24

25

25 1st_Mover Advantage Exabyte's of Data Managed 400+ Employees Globally Strategic partnerships with Industry Leaders 1,000,000 units Installed Globally

Sphere 3D Today – Leader in The Next Cloud

• Over $50B total addressable market

• New Cloud Fabric Architecture for Business Data

• Next Generation Virtualization / Cloud Technology

20,000 resellers in 90 countries

• Global OEM partners

26

26

Sphere 3D - Today

Capitalization

As of June10, 2015

Symbol:

Total Shares

Outstanding:

Nasdaq: “ANY”

36,879,703

Management:

12%

Institutional:

45%

52 week

Hi/Low:

$11.00/$2.98 (US)

27

27

28

28

3

rd

_Platform

“Next Cloud”

2

nd

_Platform

1

st

_Platform

Billions of Users

Hundreds of Millions of Users

Millions of Users

Mobile Big Data Social

Cloud Millions of Apps

LAN/Internet Client/Server

Distributed

Tens of Thousands of Apps

Mainframe Mini-Computer

Mainframes

Thousands of Apps

29

29

Traditional Approaches Can’t Meet the Needs of

Billions of Users and Millions of Apps

•

Difficulty of scale – Traditional architectures are causing

complexity and cost overruns

•

Mobility of workloads and data are driving fork-lift upgrades and

rip-n-replace of existing infrastructure

•

Complexity of infrastructure management – lingering silos and

higher costs

•

Transitioning legacy applications not designed for the cloud is

difficult and remote app software limits functionality

30

30

$50+ Billion

Addressable

Market

Converged Infrastructure Backup Appliance $17.8B4by 2016 $4.8B2by 2018 Unified Storage $9B3by 2017 Cloud Virtualization $18B1by 2016 Sources:

1. “WW Integrated Systems Forecast”, IDC, Feb 2014; “WW Cloud computing Forecast” IDC, Aug 2014

2. IIDC Worldwide Purpose Built Backup Appliance Market, September 2013

3. DC Converge Infrastructure

4. Worldwide Enterprise Storage Systems Forecast 2013-2017, IDC, November 2013

5. IDC Worldwide Workspace-as-a-Service 2014–2018 Forecast, July 2014

Total Addressable Market

Workspace Virtualization

31

31

Enterprises Rapidly Adopting a Hybrid Cloud Approach

Survey: 930 IT professionals in Jan 2015

•

Hybrid cloud will reach about

$84.67B

in

2019

1

_{growing at}

_{29.8% CAGR}

1

•

55 percent of enterprises

are

planning for hybrid clouds

2

•

In 2015, mobile devices and apps, the

cloud, big data will account for

one

third of all IT spending

and virtually

100% of all spending growth

3

The “Next Cloud” is Primarily a Hybrid Cloud

1_{MarketsandMarkets Research} 2_{RightScale Survey Summary} 3_{IDC Predictions 2015}

32

32

33

33

Unique Portfolio of Integrated Hybrid Cloud Solutions

Single Global Namespace

Distributed Scale-out

DR DR

34

34



Simple, scalable, flexible



Hybrid-cloud ready



End-to-end



Centrally managed

Sphere 3D Technologies to Power the “Next” Cloud

Application Virtualization Platform

Enterprise Featured Virtual Storage Platform

35

35

Glassware Advantages:

•

Glassware Containers deliver anywhere from 2 to 10 times the

density of other virtualization techniques

•

The only containerization solution optimised to run and remotely

deliver end user applications

•

Support Windows and non-Windows application on the Glassware

Microvisor

Glassware 2.0

®

Containerization is a virtualization technique that enables many separate operating system instances to share a

common kernel. This approach eliminates the performance overhead associated with a hypervisor where each guest

runs a full operating system instance.

36

36

50 servers

network

centralized storage

5 Glassware

Appliances

Data Center w 5000 Users

Microsoft Azure Cloud Solution

125

Concurrent

Users

1100+

Concurrent

Users

Virtualized

Applications

Containerized

Apps with

Glassware

37

37

Application

Virtualization

•

Delivers

fully functioning software applications

- including

most apps written for a Microsoft OS over the last 30+ years;

•

Virtualization approach that can

economically

deliver end

user software

applications as a service

;

•

Can be

used on local servers

or

in the cloud

and can

cluster to create a very scalable hybrid cloud;

•

Utilizes a proprietary technology known as a “Microvisor” that

will allow it to

run non-windows software and programs

Huge Opportunity for Glassware 2.0 Application Virtualization

38

38

SnapCLOUD

by Sphere3D

•

SnapCLOUD is built on the same simple and expandable storage platform used in 350+PB of data center

deployments worldwide and 100,000’s of deployed units.

•

SnapCLOUD is an enterprise-class virtual storage platform with both block and file level access and cross-platform

compatibility. It brings simplicity of deploying enterprise-grade data storage in minutes to meet unplanned

business growth needs.

•

SnapCLOUD is a unique in unifying data manageability, access control and replication between physical data

center and public cloud, to enables the hybrid cloud architecture.

Insert Version Here

•

Pay for only what you use. Build a high performance and resilient virtual environment with SnapCLOUD in minutes,

using servers, storage, and networking from Azure Marketplace.

•

Distributed Architecture. Build a global distributed data center to enhance your on premise physical data center

through interoperable feature sets

•

Data access anywhere, anytime, any device. Built-in sync & share functionality makes it possible to share data among

39

39

A Go-to-Market Approach to Meet a

Wide-Range of Enterprise Deployment Use Cases

Hybrid Cloud Public Cloud Only

G-Series

Stand Alone Stand Alone

40

40

Sphere 3D and Microsoft “The Next Cloud”

Uniquely Built for the Enterprise Hybrid Cloud Market

Enterprise

Private Cloud

42

42

Sphere 3D/Microsoft “The Next Cloud” Roadshow

Toronto: June 17

NASDAQ: June 15

th

_{& 16}

th

Silicon Valley: May 20

th

Toronto: June 17

th

London: Fall 2015

Microsoft World Partner Conference

43

43 _{© 2010 Overland Storage, Inc.}

44

44