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Overland Storage Schedules First Quarter Fiscal Year 2008 Conference Call and Webcast

October 11, 2007

SAN DIEGO--(BUSINESS WIRE)--Oct. 11, 2007--Overland Storage, Inc. (NASDAQ:OVRL):

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

What:          Conference call and live audio Webcast
               (http://www.overlandstorage.com/webcast):
               Detailing financial results for the first quarter ended
               September 30, 2007

When:          Thursday, October 25, 2007
               9:30 a.m. EDT
               A press release discussing earnings will be issued
               prior to the market opening.

Call Info:     888-328-2940
               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 Denise Garrett at 858-495-4131 or email
               her at dgarrett@overlandstorage.com.

Audio
Replay Info:   Domestic: 800-633-8284
               International: 402-977-9140
               To access the replay, enter passcode 21352302. The
               audio replay of the conference call will be available
               until 11:30 p.m. EST on November 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.
Denise Garrett, 858-495-4131
dgarrett@overlandstorage.com

SOURCE: Overland Storage, Inc.