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Overland Storage to Present at the RBC Capital Markets Conference

December 20, 2004

SAN DIEGO, Dec. 20 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL), will present at the RBC Capital Markets Fabric Computing Forum on Thursday, Jan. 6, 2005. Christopher Calisi, Overland president and CEO, and Vern LoForti, vice president and CFO, will provide an overview of the company, its growth strategy and success in the storage industry.

The RBC Capital Markets conference will be held at The Plaza in New York, Jan. 4 - 6, 2005. For additional details, contact RBC Capital Markets by visiting their Web site: http://www.rbccm.com/0,,cid-17267_,00.html.

About Overland Storage

Now in its 25 year, Overland Storage has delivered world-class data protection solutions designed to ensure business continuity. Focused on backup and recovery, Overland's data protection solutions include the REO(TM) family of disk-based backup and recovery appliances and the award-winning NEO SERIES(R) of tape libraries. 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.

SOURCE  Overland Storage, Inc.
    -0-                             12/20/2004
    /CONTACT:  Investor Relations, Cynthia A. Bond, Director of Corporate
Communications, +1-858-571-5555, cbond@overlandstorage.com, or Media, Melinda
Hutcheon, PR Manager, +1-858-495-4187, mhutcheon@overlandstorage.com, both of
Overland Storage; or Jamie Ernst of Brodeur Worldwide, +1-210-495-5757,
jernst@brodeur.com, for Overland Storage/
    /Web site:  http://www.overlandstorage.com /
    (OVRL)

CO:  Overland Storage, Inc.
ST:  California, New York
IN:  CPR STW HRD
SU:  TDS CCA MAV

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