Overland Storage Schedules Fourth Quarter Fiscal Year 2006 Conference Call and Webcast

SAN DIEGO, Aug. 1 /PRNewswire-FirstCall/ --

Who: Overland Storage, Inc. 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 the fourth quarter ended June 30, 2006. When: Thursday, August 10, 2006 9:30 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 Cynthia Bond at [phone] or email her [e-mail]. Audio Replay Info: Domestic: [phone] International: [phone] To access the replay, enter passcode 21300718. The audio replay of the conference call will be available until 11:30 p.m. EDT on Thursday, August 31, 2006. 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.