01/27/2009

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

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
(http://www.overlandstorage.com/webcast):
Detailing financial results for the first fiscal quarter ended 
December 31, 2008

When:
Thursday Feb. 5, 2009

2:00 p.m. PST 
A press release discussing earnings will be issued after the market closing.

Call Info:
(800) 899-6991
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 21413339. The audio replay of the conference call will be available until
11:30 p.m. PST on February 27, 2009.

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.