News Release

SAN DIEGO--(BUSINESS WIRE)--Oct. 11, 2000--Overland Data Inc. (Nasdaq:OVRL), a technology leader in data storage and backup products, today announced that its LibraryPro(TM), the first modularly scalable AIT(a) library, has been certified by San Diego-based BakBone Software (TSE:BKB)(OTCBB:BKBOF) as compatible with BakBone's NetVault(TM) storage management software.

The LibraryPro, which features unparalleled ease of use and scalability among its primary benefits, is a tangible demonstration of how Overland has taken one more step in its initiative to offer its customers the broadest operability choices with powerful next-generation storage management software. This announcement closely follows Overland's DLT LibraryXpress(TM) being certified as compatible with NetVault.

"In becoming certified with NetVault, we have continued to expand the third-party support for Overland technology on `best of breed' SAN software," said Steve Richardson, Vice President of Marketing at Overland. "Our libraries and NetVault software are a good fit since both allow users to easily scale up as their storage requirements expand, making this an affordable way to combat rapidly escalating storage management costs."

"NetVault, in a backup configuration with Overland's modularly scalable LibraryPro, provides an extremely reliable approach to high performance, modularity and scalability," said Tony Cerqueira, BakBone Software's Chief Executive Officer. "As part of a SAN environment, Overland offers users a clear choice for flexibility and ease of use; LibraryPro and NetVault users can be assured that their data is well protected."

The AIT LibraryPro can be scaled up to nine modules for a maximum configuration of 8.55 terabytes native capacity (up to 22.2 TB with compression) and throughput of 388 gigabytes per hour (up to 1.0 TB/hr. with compression) using Sony AIT-2 drives. LibraryPro allows customers to scale the capacity and performance in modular increments for a customized solution to precisely match their specific storage needs, and combines the company's ultra-reliable Mainframe Class Robotics technology with the inherent advantages of Sony's AIT technology. Along with the unmatched scalability of the LibraryPro, Overland adds simplified media management with a tape cartridge magazine designed to facilitate bulk cartridge installation and storage as well as a convenient mail slot for individual tape insertion into the library.

Overland DLTtape products are backed by the company's innovative Guaranteed Up Time Service (GUTS(TM)) warranty program guaranteeing 99% uptime performance and 100% data recovery, the only guarantee of its kind in the industry.

About Overland

Overland Data Inc. (Nasdaq:OVRL) 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.

Except for the factual statements made herein, the information contained in this press 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 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 unexpected shortages of critical components, rescheduling or cancellation of customer orders, loss of a major customer, the timing and market acceptance of new product introductions 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.

(a) Advanced Intelligent Tape and AIT are trademarks of Sony Electronics.

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