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Overland Storage Schedules Fourth Quarter Fiscal Year 2007 Conference Call and Webcast

July 25, 2007

SAN DIEGO--(BUSINESS WIRE)--July 26, 2007--Overland Storage, Inc.

Who:            Overland Storage, Inc. (NASDAQ:OVRL) executives:
                Scott McClendon, Interim 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 fourth quarter
                ended June 30, 2007

When:           Thursday, August 9, 2007
                9:30 a.m. ET
                A press release discussing earnings will be issued
                prior to the market opening.

Call Info:      800-530-8983
                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
                Jaime Perrichon at 858-495-4232 or email her at
                jperrichon@overlandstorage.com.

Audio
Replay Info:    Domestic: 800-633-8284
                International: 402-977-9140
                To access the replay, enter passcode 21345021. The
                audio replay of the conference call will be available
                until 11:30 p.m. EDT on Thursday, August 30, 2007.


Webcast
Replay Info:    To access an archived audio replay of the Webcast on
                the Internet, please visit the 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.
             Jaime Perrichon, 858-495-4232
             jperrichon@overlandstorage.com

    SOURCE: Overland Storage, Inc.