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Overland Storage Schedules Second Quarter Fiscal Year 2008 Conference Call and Webcast
    SAN DIEGO, Jan. 10 /PRNewswire-FirstCall/ --

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

    What:   Conference call and live audio Webcast
            (http://www.overlandstorage.com/webcast):
            Detailing financial results for the second quarter ended
            December 31, 2007

    When:   Thursday, January 24, 2008
            9:30 a.m. EST
            A press release discussing earnings will be issued prior to the
            market opening.

    Call
    Info:   (800) 757-5680
            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 jsepulveda@overlandstorage.com

    Audio
    Replay
    Info:   Domestic: (800) 633-8284
            International: (402) 977-9140
            To access the replay, enter passcode 21371022. The audio replay of
            the conference call will be available until 11:30 p.m. EST on
            February 14, 2008.

    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.

SOURCE Overland Storage, Inc.

CONTACT: Jessica Sepulveda of Overland Storage, Inc., +1-858-495-4232, jsepulveda@overlandstorage.com
Web site: http://www.overlandstorage.com/webcast
http://www.overlandstorage.com/replay
http://www.prnewswire.com