Company
News
IOMEGA SHIPS NEXT
GENERATION
ZIP® DRIVES AND DISKS
ROY, Utah, December 15, 1998 Iomega Corporation (IOM: NYSE) today
announced U.S. shipments of its new Zip® 250MB drives and disks, an extension of its
popular Zip product line. With two and one-half times the capacity of the original Zip
100MB drive, the Zip 250 drive uses new Zip 250MB disks. The Zip 250 drives also read and
write to Zip 100MB disks, ensuring that current customers who use the new Zip 250 drive
still have the ability to share information with family, friends and colleagues. The Zip
250 drives and disks will be available to consumers this week.
The Iomega Zip® 250 drive is based on the Zip 100 platform and offers all the features
and benefits of the original Zip 100MB drive, one of the fastest growing computer
peripherals. The Zip 250 drive includes one Zip 250MB disk, IomegaWare software on
CD, and Norton Zip® Rescue software on CD, the easiest way to rescue your
IBM-compatible PC when it does not start properly. RecordIt software is also
included on CD. RecordIt software is the coolest way to record and play back voice and/or
music on your computer from your Zip disk or hard drive.
The new high capacity Zip® 250 drives and disks are the answer for burgeoning
file-size demands that are being driven by the exponential growth in the size of computer
applications, the emergence of audio and video files and the proliferation of Web
downloads.
"Iomega's Zip 250 drive is an exciting addition to our current line of Zip
solutions because of what it offers our customershigher capacity, faster performance
and compatibility with more than 125 million Zip disks already shipped," said Edward
D. Briscoe, president of Iomega's personal storage division. "With the introduction
of the Zip 250 drive, Iomega is responding to customer needs by continuing to provide them
with portable and easy-to-use storage solutions. We're pleased that the Zip 250MB drive is
shipping on schedule."
The new Zip® 250MB drive is available for an estimated street price of $199 (U.S.).
For optimal performance, Iomega is offering Zip 250MB disks for an estimated street price
of $19.95 (U.S.) each and plans to offer Zip 250 MB disks as low as $16.65 (U.S.) each
when purchased in a 6-pack. Iomega's line of popular Zip 100MB drives and disks are
available worldwide through most major distributors, retailers, and catalogs. The Zip
100MB drive, the preferred choice in portable storage solutions, will continue to be
available for value conscious customers who need a safe place to keep their valuable
files.
With 20 million Zip® drives and over 125 million Zip disks shipped worldwide, the
Iomega Zip® drive is the only portable storage solution that is available for virtually
any computer and is accessible at all leading service bureaus. Zip drives are used at home
and work and have become a popular choice for any Windows- or Macintosh-based PC.
Iomega Zip® 100MB drives can be found as a standard or optional feature in PC models
from all leading desktop OEMs and from many notebook PC manufacturers, including Acer,
Apple, Chicony, Clevo, Compaq, Dell, Fujitsu, Gateway, Hewlett-Packard, Hitachi, IBM,
Micron, NEC, Sharp, Siemens Nixdorf and UMAX. In addition, the notebook Zip drive is
available from CNF Technologies for notebook computers manufactured by Compaq, IBM and
Toshiba; and from VST Technologies for notebook computers manufactured by Apple and IBM.
Iomega branded notebook Zip® drives are now available for certain IBM, Toshiba and Compaq
notebook computers.
Extending beyond the PC to any product with a need for high capacity removable storage,
Zip® drives are also available for a group of non-PC products, including stand-alone
scanners, printers and set-top boxes.
About Iomega
Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip®, Jaz® and
Ditto® drives and disks that help people to 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.
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