Overland Storage Named to Network World 200

Overland Storage Named to Network World 200 


SAN DIEGO, May 16  /PRNewswire-FirstCall/ -- The success of its REO SERIES(TM)
disk-based backup appliances and NEO SERIES(TM) of automated tape libraries
have propelled Overland Storage, Inc. (NASDAQ:OVRL) onto the esteemed Network
World 200.  The Network World 200 Issue, part of Network World magazine's
premier Signature Series, is an annual guide to the 200 biggest North American
public companies in the network industry.  It ranks the companies by revenue,
profits, growth and other key financial measurements.

This marks Overland's first year on the Network World 200, demonstrating the
company's impressive growth in recent years.  With well over a 1,000 REO units
shipped to date and NEO tape libraries continuing to provide long-term archival
of essential data, Overland offers the ideal foundation for
disk-to-disk-to-tape (D2D2T) environments.

"We're honored to be recognized by Network World for our substantial growth
alongside the top companies in the network industry," said Christopher Calisi,
president and chief executive officer, Overland Storage.  "Through the
continued development of our REO and NEO solutions, we are meeting the growing
need for fast, reliable data backup, and we look forward to achieving even
greater levels of success."

A recent report from IDC shows continued market leadership for Overland's NEO
SERIES, identifying the award-winning family of libraries as Europe's most
widely sold tape library in 2004.  Freeman Reports' annual Tape Library
Outlook, issued in April 2005, recognizes the NEO for unit volume growth in
every major tape technology, including LTO1, LTO2, and SDLT.  Additionally, the
REO has been named market leader by Enterprise Strategy Group.

An overview of Overland's position on the Network World 200 is available at:
http://www.networkworld.com/nw200/2005/companyprofile.jsp?_tablename=nw2005&co
mpanyname='Overland+Storage.  The complete Network World 200 interactive
database is also online at: http://www.nwfusion.com/nw200/2005.

About Network World

Network World, Inc., the leader in network knowledge, empowers network IT
Executives through education, information and community.  Network World, an IDG
company, is the leading provider of news, analysis, reviews, events and
education on information technology.  Network World publishes the leading
newsweekly, Network World, hosts the most active online community, Network
World Fusion (http://www.nwfusion.com/), and produces educational seminars and
events worldwide.  Network World's portfolio of strategic marketing programs
provides marketing and agency professionals with the tools to generate
high-quality leads, optimize marketing campaigns, and create new revenue
opportunities.

About IDG

International Data Group (IDG) is the world's leading technology media,
research, and event company.  A privately-held company, IDG publishes more than
300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld,
GamePro, InfoWorld, Network World and PC World.  The company features the
largest network of technology-specific Web sites with more than 400 around the
world.  IDG is also a leading producer of more than 170 computer-related events
worldwide including LinuxWorld Conference & Expo(R), MacworldConference &
Expo(R), DEMO(R), and IDC Directions.  IDC provides global market research and
advice through offices in 50 countries.  Company information is available at
http://www.idg.com/.

About Overland Storage

For nearly 25 years, Overland Storage has delivered world-class data protection
solutions designed to ensure business continuity. Focused on backup and
recovery, Overland's award-winning data protection solutions include the REO
SERIES(TM) of disk-based backup and recovery appliances and the NEO SERIES(TM)
of tape libraries.  Overland Storage sells its products worldwide through
leading OEMs, commercial distributors, storage integrators and value-added
resellers. For more information, visit Overland's web site at
http://www.overlandstorage.com/.

Except for the factual statements made herein, the information contained in
this news release consists of forward-looking statements that involve risks,
uncertainties and assumptions that are difficult to predict.  Words and
expressions reflecting optimism and satisfaction with current prospects, as
well as words such as "believe," "intends," "expects," "plans," "anticipates"
and variations thereof, identify forward-looking statements, but their absence
does not mean that a statement is not forward looking.  Such forward-looking
statements are not guarantees of performance and the company's actual results
could differ materially from those contained in such statements.  Factors that
could cause or contribute to such differences include delays, unbudgeted
expenses, inefficiencies and production problems that may result from the
transition of manufacturing to Sanmina-SCI; difficulty of predicting sales to
the company's major OEM customer; worldwide information technology spending
levels; unexpected shortages of critical components; rescheduling or
cancellation of customer orders; loss of a major customer; the market
acceptance of the company's REO product line; delays in new product
introductions by the company, including the company's new software PACs and REO
operating system; the timing and market acceptance of new product introductions
by competitors; the timing and amount of licensing royalties; general
competition and price pressures in the marketplace; the company's ability to
control costs and expenses; and general economic conditions. Reference is also
made to other factors set forth in the company's filings with the Securities
and Exchange Commission, including the "Risk Factors," "Management's Discussion
and Analysis" and other sections of the company's Form 10-K for the most
recently completed fiscal year.  These forward-looking statements speak only as
of the date of this release and the company undertakes no obligation to
publicly update any forward-looking statements to reflect new information,
events or circumstances after the date of this release.

Overland, Overland Storage, REO SERIES and NEO SERIES are trademarks or
registered trademarks of Overland Storage, Inc. 

DATASOURCE: Overland Storage, Inc.



CONTACT:  Melinda Hutcheon, PR Manager of Overland Storage,

[phone], ; or Jamie Ernst of Brodeur,

[phone], , for Overland Storage



Web site:  http://www.idg.com/ 

Web site:  http://www.nwfusion.com/nw200/2005 

Web site:  http://www.nwfusion.com/ 

Web site:  http://www.overlandstorage.com/ 

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