News Release

SAN DIEGO--(BUSINESS WIRE)--June 13, 2001--Overland Data Inc. (Nasdaq:OVRL), a global leader in data storage automation, today announced that company management will make a presentation to analysts and portfolio managers at the Fourth Annual Wells Fargo Van Kasper San Diego Growth Stock Conference on Monday, June 18, 2001, at 10:30 a.m. PDT.

Christopher Calisi, president and chief executive officer, and Vern LoForti, chief financial officer, will represent Overland at the conference, which is being held at the Wyndham Emerald Plaza, 400 West Broadway, in downtown San Diego.

Investors may access an Internet Webcast the day of the presentation at the company's Web site, http://www.overlanddata.com.

About Overland

Overland Data is a global supplier of innovative data storage and storage automation solutions for computer networks. The company's award-winning DLT LibraryXpress(TM) SmartScale Storage(R) architecture has set the standard for intelligent automated storage and scalability and established Overland as a leader in the mid-range tape storage market.

Today, Overland is broadening its product line and technology offerings to address additional segments of the storage market, including the entry-level small-business market, as well as the higher-end enterprise environment.

Overland's patented Variable Rate Randomizer (VR2(TM)) data encoding technology, capable of substantially increasing the capacity and throughput of linear tape formats, is being applied by the company to its entry-level tape drive offerings.

It has also been licensed to Imation Corp., Seagate Technology, StorageTek and Tandberg Data. Overland products, acclaimed for their quality and reliability, are sold worldwide through leading OEMs, including Compaq, Fujitsu Siemens Computers, Groupe Bull, IBM and NCR commercial distributors such as Bell Microproducts, Ingram Micro and Tech Data Corp., as well as storage integrators and value-added resellers.