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ADVISORY/Overland Data Inc. Fourth Quarter 2001 Financial Results Conference Call and Webcast

August 6, 2001

--(BUSINESS WIRE)--

WHO: Overland Data Inc. (Nasdaq:OVRL) executives:
      Christopher Calisi, President and CEO
      Vernon A. LoForti, VP and CFO

WHAT: Overland Data Inc. will host a conference call and live
      audio Webcast
(http://www.overlanddata.com/Overland.nsf/Pages/invovrw_siteframe.htm)
      detailing fourth quarter 2001 financial results ended
      June 30, 2001.

WHEN: 5 p.m. (EDT)
      Thursday, Aug. 9, 2001
      A news release on earnings will be issued after market
      close, approximately 45 minutes prior to the call.

      Call Information:
      800/248-9412
      Dial in at least 5 minutes prior to the start of the call.

NOTE TO
EDITORS: Registration is required for access to the call via phone
         line. To reserve a line, call Aimee Reinard at
         858/503-4316 or e-mail her at areinard@overlanddata.com.

CONTACT: Overland Data Inc.
Aimee Reinard, 858/571-5555