Overland Storage Schedules First Quarter Fiscal Year 2009 Conference Call and Webcast

October 16, 2008


Overland Storage, Inc. (Nasdaq:OVRL):

Who:         Overland Storage, Inc. (Nasdaq: OVRL) Executives:
             Vernon A. LoForti, President and CEO
             Kurt Kalbfleisch, Vice President and CFO

What:        Conference call and live audio Webcast
             Detailing financial results for the first fiscal quarter
              ended September 30, 2008

When:        Thursday, Oct. 23, 2008
             2:00 p.m. PDT
             A press release discussing earnings will be issued after
              the market closing.

Call Info:   (800) 920-4872
             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 Jessica Sepulveda at (858) 495-4232 or email
              her at

Audio Replay
 Info:       Domestic: (800) 633-8284
             International: (402) 977-9140
             To access the replay, enter passcode 21396995. The audio
              replay of the conference call will be available until
             8:30 p.m. PST on November 14, 2008.

Webcast      To access an archived audio replay of the Webcast on the
 Replay       Internet, please visit the audio archive section of our
 Info:        Website at
             The Webcast replay will become available approximately
              two hours after the completion of the call.

Source: Overland Storage, Inc.