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Iomega Ships Internal ZipCD Drive and Discs

The New ZipCD 650MB Drive Available Soon Through Retailers, Resellers and from Iomega at www.iomegadirect.com

ROY, Utah--(BUSINESS WIRE)--Aug. 16, 1999--Iomega Corporation, a leader in smart, portable storage solutions, today announced shipment of its first CD-Rewritable (CD-RW) drive, the ZipCD(TM) drive.

Available soon through retailers, resellers and Iomega's direct sales site, www.iomegadirect.com, the ZipCD drive gives users a new storage capacity to back-up, archive, transport, share and create up to 650MB of data on a common CD format.

"With an estimated 12 million CD-RW drives being shipped this year, this format continues to be a high-growth market segment," said Wolfgang Schlichting, research manager, removable storage research, International Data Corporation. "Iomega's expertise in removable storage and its brand equity makes its ZipCD drive a formidable competitor."

Iomega's ZipCD drives and discs bring the ease and convenience expected of Iomega products to the historically technical CD-RW market. The internal ZipCD drive features an animated installation tour to help customers install their new ZipCD drive. Separately shipped ZipCD discs include a pre-formatted CD-RW disc with the potential to spare users up to 90 minutes of formatting time.

Iomega brings ease-of-use to customers by also bundling a wide array of software tools and accessories with the ZipCD drive. Adaptec® DirectCD(TM) - Packet writing software enabling a "drag and drop" functionality

-- Adaptec® Easy CD Creator(TM) - CD record/copy software

  • Avery® Media Software - Iomega special edition to format CD labels and jewel case inserts
  • Iomega® QuikSync - Software that creates a simultaneous back-up copy of active files within user designated folders
  • Adobe® PhotoShop® Limited Edition - Software for digital image enhancement, photo retouching and image compositing

Iomega now offers customers a complete suite of storage products to meet their preferences. For example, customers can pre-master and create content on their Zip®, Jaz® and/or Clik!(TM) drives, and then transfer the information to a ZipCD disc for archiving, distribution and compatibility.

"With ZipCD drives and discs, we continue our commitment to provide our customers with affordable, easy-to-use storage solutions for their important information," said David Gantt, vice president and general manager of Iomega optical products. "The combination of the ZipCD drive's animated installation tour and its superior software bundle plus the separately shipped, pre-formatted CD-RW discs make it easier than ever for customers to make their own CDs."

The Internal E-IDE 4x4x24 ZipCD drive is available at an estimated street price (ESP) of $209 (U.S.). Pre-formatted ZipCD Premium CD-RW discs, designed to save users valuable time, are available in packs of three at an ESP of $19.99 (U.S.). ZipCD Combo CD-RW discs are also available with one pre-formatted disc and two unformatted discs at an ESP of $12.99 (U.S.).

About Iomega

Iomega Corporation manufactures and markets the award-winning Zip®, Jaz® and Clik!(TM) drives and disks, and its new ZipCD(TM) drive and discs, that help people organize, manage, create, exchange and share their important information. Used in homes, businesses, government, education and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-800-MY-STUFF (800-697-8833), or on the Web at http://www.iomega.com.

Special note: Statements contained in this release relating to the expected availability and pricing of ZipCD drives and discs are forward-looking statements. There are number of important factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including market acceptance of, and demand for, Iomega's ZipCD products, manufacturing, development and distribution issues, product pricing, competition, intellectual property rights and other risks identified in Iomega's Annual Report to Stockholders for 1998 on Form 10-K, filed March 26, 1999 and its most recent quarterly reports filed with the SEC.

Iomega, Zip, Jaz and the stylized "i"' logo are registered trademarks, and ZipCD and Clik! are trademarks of Iomega Corporation. All other products and brand names are the property of their respective owners. For maximum reliability, use only genuine Zip disks featuring the genuine Zip 100 or 250 symbols in your Zip drive.


Contact:
     Iomega Corporation, Roy
     Jennifer Miconi, 801/332-5255
      [email protected]
     Wade Olsen, 801/332-4430 (Analysts/Investors)
      [email protected]
   or
     Copithorne & Bellows
     Charaighn Foss, 415/975-2284
      [email protected]
     Jody Anderson, 415/975-2212
      [email protected]



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