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Overland Data to Webcast First Quarter 2001 Conference Call

October 17, 2000

SAN DIEGO--(BUSINESS WIRE)--Oct. 17, 2000--Overland Data Inc. (Nasdaq:OVRL) will conduct a conference call with the investment community at 5 p.m. ET (2 p.m. PT) on Thursday, Oct. 19, 2000, to discuss financial results for its fiscal 2001 first quarter ended Sept. 30, 2000.

Participating in the call from Overland will be Scott McClendon, president and chief executive officer, and Vern LoForti, vice president and chief financial officer.

To listen to a live audio broadcast of the conference call via the Internet, go to Overland Data's Web site at http://www.overlanddata.com/webcast. If you are unable to listen to the live broadcast, an audio replay of the call will be archived at the site shortly after the completion of the call.

A news release reporting the first-quarter 2000 financial results will be issued one hour before the call at 4 p.m. ET (1 p.m. PT) on Oct. 19, 2000. A copy of the release will be available at that time via the various wire services or at Overland's Web site at www.overlanddata.com.

About Overland Data

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 new standards 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) data encoding technology, capable of substantially increasing the capacity and throughput of linear tape formats, is being applied by the company to Travan tape drives and has been licensed to Storage Technology, Seagate Technology, Tandberg Data and Imation Corp. for inclusion in next-generation tape drives.

Overland products, acclaimed for their quality and reliability, are sold worldwide through leading OEMs, including Compaq, IBM, Fujitsu Siemens Computers and Groupe Bull, and commercial distributors such as Ingram Micro, Tech Data Corp. and Bell Microproducts, as well as storage integrators and value-added resellers.

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CONTACT: Overland Data Inc.
Vernon LoForti, 858/571-5555 (investor relations)
vloforti@overlanddata.com