Once More Overland Not in Compliance With Nasdaq

The notification has no effect on the listing of the common stock on the Capital Market at this time.

The Company has 45 calendar days, or until December 31, 2010, to submit a plan to Nasdaq to regain compliance with one of the alternative minimum standards for continued listing set forth in Listing Rule 5550(b). If the Compliance Plan is accepted by Nasdaq, the Company will receive an extension of up to 180 days from November 16, 2010, or until May 16, 2011, to evidence compliance. If Nasdaq does not accept the Compliance Plan, the Company may appeal the decision to a Nasdaq Hearings Panel.

The Company is in the process of preparing the Compliance Plan, but there can be no assurance that Nasdaq will accept the Compliance Plan, that the Company will receive an extension or that the Company will be able to timely regain compliance with the minimum standards for continued listing on the Capital Market.

In determining whether to accept the Compliance Plan, Nasdaq will consider such things as the likelihood that the plan will result in compliance with Nasdaq’s continued listing criteria, the Company’s past compliance history, the reasons for the Company’s current non−compliance, other corporate events that may occur within the review period, such as the closing of the Company’s sale of approximately $4.2 million of shares of common stock to certain institutional investors on November 17, 2010, the Company’s overall financial condition and the Company’s public disclosures.

Any delisting of the common stock by Nasdaq could adversely affect the Company’s business, financial condition and results of operations.