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Overland Storage Schedules First Quarter Fiscal Year 2003 Financial Results Conference Call and Webcast

October 10, 2002
Oct 10, 2002 /PRNewswire via COMTEX/ --

     Who: Overland Storage, Inc. (Nasdaq: OVRL) executives:
               Christopher Calisi, President and CEO
               Vernon A. LoForti, Vice President and CFO

     What:     Conference call and live audio Webcast detailing first quarter
               fiscal year 2003 financial results ended Sept. 30, 2002
               at: http://www.corporate-
               ir.net/ireye/ir_site.zhtml?ticker=ovrl&script=100&layout=6

     When:     Thursday, Oct. 17, 2002
               10:30 a.m. (EDT)
               A press release discussing earnings will be issued prior to the
               market opening.

     Call
     Info:     888-328-2938
               Please dial-in at least five minutes prior to the start of the
               call.
               NOTE:  Pre-registration is required for access to the call via
               phone line.  To reserve a line, please call Aimee Reinard at
               (858) 503-4316 or email her at areinard@overlandstorage.com

     Audio
     Replay
     Info:     Domestic: 800-633-8284
               International: 402-977-9140
               To access the replay, enter passcode 20945921.  The audio
               replay of the conference call will be available until 12:30
               p.m. EDT on Sunday, Oct. 20, 2002.

     Webcast
     Replay
     Info:     To access an archived audio replay of the webcast on the
               Internet, please visit our audio archive section of our website
               at
               http://www.corporate-
               ir.net/ireye/ir_site.zhtml?ticker=ovrl&script=1100&layout=6.
               The Webcast replay will become available approximately two
               hours after the completion of the call.

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SOURCE Overland Storage, Inc.

CONTACT:          Aimee Reinard of Overland Storage, Inc., +1-858-503-4316,
                  areinard@overlandstorage.com

URL:              http://www.overlandstorage.com 
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