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Overland Storage Schedules First Quarter Fiscal Year 2004 Conference Call and Webcast

October 13, 2003

SAN DIEGO--(BUSINESS WIRE)--Oct. 13, 2003--Overland Storage, Inc. (Nasdaq:OVRL):

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:
(http://www.overlandstorage.com/webcast)

Detailing financial results for the first quarter of fiscal year 2004
ended September 30, 2003.

When:
Wednesday, October 22, 2003
10:30 a.m. (EDT)

A press release discussing earnings will be issued prior to the market opening.

Call Info:
(888) 214-7575

Please dial-in at least 5 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 21162857.

The audio replay of the conference call will be available until 12:30 p.m. (EDT) on Saturday, October 25, 2003.

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.overlandstorage.com/replay

The webcast replay will become available approximately 2 hours after the completion of the call.

CONTACT: Overland Storage, Inc.
Vernon A. LoForti, 858-571-5555
vloforti@overlandstorage.com
Cynthia A. Bond, 858-571-5555
cbond@overlandstorage.com

SOURCE: Overland Storage, Inc.