Overland Storage Schedules Fiscal Year 2005 and Fourth Quarter Conference Call and Webcast

   Who:          Overland Storage, Inc. (NASDAQ:OVRL) executives:
                 Christopher Calisi, 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 fiscal year 2005 and fourth
                 quarter ended June 30, 2005.

   When:         Monday, Aug. 15, 2005
                 10:30 a.m. EDT
                 A press release discussing earnings will be issued prior to
                 the market opening.

   Call Info:    [phone]
                 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
                 Alisa Kesler at [phone] or email her at
                 .

   Audio
   Replay Info:  Domestic: [phone]
                 International: [phone]
                 To access the replay, enter passcode 21227415. The audio
                 replay of the conference call will be available until
                 12:30 p.m. EDT on Friday, Aug. 19, 2005.

   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.


PRNewswire -- August 5

DATASOURCE: Overland Storage, Inc.



Web Site:  http://www.overlandstorage.com/replay 

Web Site:  http://www.overlandstorage.com/webcast 

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