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Group Publishing Reclaims 20 Percent of Storage Capacity With Overland's Active SRM Solution

March 25, 2003
SAN DIEGO, Mar 25, 2003 /PRNewswire-FirstCall via COMTEX/ -- Overland Storage, Inc. (Nasdaq: OVRL), a leading provider of storage solutions, today announced that Group Publishing, Inc., an organization that provides ministry resources and services for Christian churches worldwide, has implemented Overland's active Storage Resource Manager (SRM) 3 software to manage current storage resources and control future storage expenditures resulting in 20 percent reclaimed storage capacity.

"Our customers are nationwide and require outstanding resources and services from us," said Alan Strand, LAN Administrator of Group Publishing. "To meet their needs we have acquired tons of data and needed a solution to help manage the vast amount of information. Overland's active SRM solution brings value to us that we haven't found in other products. This product enables us to identify what we have on our servers and reclaim storage capacity quickly."

"All IT organizations have been tasked with maximizing their IT resources," said John Cloyd, vice president of Overland's storage management business unit. "Overland's SRM provides the tools to do that while at the same time stretch your dollars farther. Overland's active SRM is an effective tool that equips IT organizations with the information they need when they are called to the boardroom table."

Overland's browser-based active SRM 3 supports Windows NT/2000, Novell Netware, Sun Solaris, AIX, HP-UX and Linux operating environments, and is fully compatible with all leading brands of server/storage products. Overland SRM is designed to help businesses reduce their costs of acquiring and managing their IT storage by providing the tools that enable the development of automated storage management, invariably reducing cost.

     Overland active SRM product benefits include:
     *  Easy to use browser-based user interface
     *  Fast, non-intrusive installation with automatic push agents
     *  Full compatibility with all popular operating environments
     *  Automated data discovery with a rich suite of standard reports
     *  Customized powerful reporting capability
     *  Automated reporting, trend analysis, threshold setting/monitoring, and
        automatic alarm notification for when policies are breached or
        thresholds are crossed
     *  Quota-based storage management
     *  Comprehensive notification tools such as SNMP, email, pager and pop-up
        messages
Overland Storage products are available though leading storage partners worldwide. To find the one nearest you or for more information on Overland's SRM software, please call 1-800-729-8725 or visit www.overlandstorage.com .

About Overland Storage

Overland Storage, Inc. (Nasdaq: OVRL) is a leading global supplier of innovative hardware and software storage solutions for mid-range computer networks. The company's reputation for delivering high availability products, including its award-winning automated storage libraries and the industry's first family of fully open storage management software solutions, sets the standard for intelligent, automated and scalable storage. Overland sells its products worldwide through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's Web site at www.overlandstorage.com .

Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism and satisfaction with current or future prospects, as well as words such as "believe," "intends," "expects," "plans," "anticipates" and variations thereof, 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 the company's actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include economic conditions and technology spending levels, unexpected shortages of critical components, rescheduling or cancellation of customer orders, loss of a major customer, the timing and market acceptance of any new hardware, software or other product introduction by the company and its competitors, general competition and price pressures in the marketplace and the company's ability to control costs and expenses. Reference is also made to other factors set forth in the company's filings with the Securities and Exchange Commission, including the "Risk Factors," "Management's Discussion and Analysis" and other sections of the company's Form 10-K for the most recently completed fiscal year. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

SOURCE Overland Storage, Inc.

CONTACT:          investor relations, Cynthia A. Bond, Director of Corporate
                  Communications, of Overland Storage, Inc., +1-858-571-5555,
                  cbond@overlandstorage.com; or media, Jamie Ernst of Brodeur Worldwide,
                  +1-310-316-9335, jernst@brodeur.com, for Overland Storage, Inc.

URL:              http://www.overlandstorage.com 
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