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Overland Storage Schedules First Quarter Fiscal Year 2005 Conference Call and Webcast

October 13, 2004

SAN DIEGO--(BUSINESS WIRE)--Oct. 13, 2004--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 fiscal quarter
              ended Sept. 30, 2004.

When:         Tuesday, Oct. 26, 2004
              10:30 a.m. EDT
              A press release discussing earnings will be issued prior
              to the market opening.

Call Info:    (800) 263-9161
              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
              Hillary Huffmire at (858) 503-4316 or email her at
              HHuffmire@overlandstorage.com.

Audio
Replay Info:  Domestic: (800) 633-8284
              International: (402) 977-9140
              (To access the replay, enter passcode 21210872)
              The audio replay of the conference call will be
              available until 12:30 p.m. EDT on Friday, Oct. 29, 2004.

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
              two hours after the completion of the call.

CONTACT:
Overland Storage, Inc.
Hillary Huffmire, 858-503-4316
HHuffmire@overlandstorage.com

SOURCE: Overland Storage, Inc.