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Overland REO 1000 Named Backup & Storage Product of the Year

January 9, 2006
    French IT Publication Decision Informatique Cites Performance, Ease of
                   Management, Reliability and Flexibility

SAN DIEGO, Jan. 9 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL) today announced that its REO 1000(TM) disk-based backup and recovery appliance was named Backup & Storage Product of the Year by French publication Decision Informatique.

In the article "The Marriage of Disk and Backup," the editorial staff of Decision Informatique notes that the REO 1000 makes disk backup accessible to businesses of all sizes. In addition, the publication's lab conducted tests that prove the REO 1000 to be a high performance, easy to manage, reliable and flexible backup and restore solution.

Each year, Decision Informatique tests almost 200 new products for the SMB market in order to select the Product of the Year in the following categories: PC & Workstations, Software Infrastructure, Workstation Software, Backup & Storage, Servers, Security, Network & Telecoms, Portable Computers, Mobility, and Printers & Peripherals.

About the REO 1000

The REO 1000 is ideal for organizations that need to simplify their data protection with fast, reliable backup and restore capabilities. Offering up to 2 terabytes of raw capacity, the REO 1000 includes Protection OS(TM) software, which delivers embedded data protection intelligence including virtualization, management and connectivity features. In addition, the built-in virtual tape library (VTL) functionality allows the REO to be configured as any combination of virtual tape libraries, virtual tape drives and/or disk volumes. RAID 5 support provides an added level of data protection, while the easy-to-use browser-based interface simplifies configuration and management.

About Decision Informatique

Created in 1982, Decision Informatique is a weekly publication that helps organizations optimize IT decisions with concrete and pragmatic information. Editorial content focuses on the IT decision making process, services and training. The magazine targets managers, SMBs, network operators and other professionals. It presents new technologies, trends, supplier news, product reviews, and helps decision makers determine how their particular IT system will evolve.

Decision Informatique is online in French at: http://www.01net.com.

About Overland Storage

Now in its 25th year, Overland Storage is a market leader and innovative provider of Simply Protected Storage solutions -- smart data protection appliances and software modules designed to work together, affordably, to ensure that information is automatically safe, readily available and always there. Overland's award-winning data protection solutions include the ULTAMUS SERIES(TM) of protected primary storage appliances; the REO SERIES(TM) of disk-based backup and recovery appliances; and the NEO SERIES(R) of tape libraries. Overland sells its products 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 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 risks and uncertainties associated with worldwide information technology spending levels; unexpected shortages of critical components; rescheduling or cancellation of customer orders; the timing and market acceptance of new product introductions by competitors; general competition and price pressures in the marketplace; the company's ability to control costs and expenses; and general economic conditions. 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 and other disclosure currently on file with the SEC. 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.

Overland, Overland Storage, ULTAMUS SERIES, REO SERIES, NEO SERIES and PROTECTION OS are trademarks or registered trademarks of Overland Storage, Inc.


SOURCE Overland Storage, Inc.
CONTACT:
Melinda Hutcheon,
PR Manager of Overland Storage, Inc.,
+1-858-495-4187,
mhutcheon@overlandstorage.com;
or Jamie Ernst of Brodeur,
+1-210-495-5757,
jernst@brodeur.com, for Overland Storage, Inc.
Web site: http://www.overlandstorage.com
(OVRL)