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Overland Storage to Present at RBC Capital Markets System Area Networks Conference

December 23, 2003

SAN DIEGO, Dec. 23 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL) will present at the RBC Capital Markets System Area Networks Conference on Tuesday, January 6, 2004 at 2:55 p.m. Christopher Calisi, Overland president and CEO, and Vern LoForti, vice president and CFO, will provide an overview of the company, its growth strategy and trends affecting the storage industry.

More than 70 companies were invited to participate in the System Area Networks Conference at The Plaza Hotel in New York. For additional details, contact RBC Capital Markets at 612.371.7752 or visit http://www.rbccm.com/0,,cid-17267_,00.html .

About Overland Storage

Overland Storage, Inc. (Nasdaq: OVRL) is a leading global supplier of innovative hardware and software storage solutions for mid-range computer networks. The Company delivers high availability products, including award-winning automated storage libraries that set the standard for intelligent, automated and scalable storage. 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.
CONTACT: Investor Relations, Cynthia A. Bond, Director of Corporate Communications of Overland Storage, Inc., +1-858-571-5555, cbond@overlandstorage.com; or Media, Jamie Ernst of Brodeur Worldwide, +1-210-495-5757, jernst@brodeur.com, for Overland Storage, Inc.