Analyst/Investors, please contact:
Jim Recob, Iomega Corporation, (801) 332-4430 recob@iomega.com

FOR IMMEDIATE RELEASE

Iomega Partners With Indepentent Pictures For Club Iomega

ROY, Utah, December 4, 2000 - Iomega Corporation (NYSE: IOM), a global leader in data management solutions, recently welcomed Independent Pictures. Inc., as an initial partner in providing unique content to Club Iomega, the company's recently announced multimedia content site.

Iomega has entered into a Club Iomega partnership with Independent Pictures, a leading New York-based film production company. "Rather than asking moviegoers to remember a different dot com address for each movie, we are happy to make it easy for movie fans to link to our content," said Reed Martin, marketing director, Independent Pictures. "With Club Iomega, we have a bridge linking us to a huge market of tech savvy moviegoers. The Zip disks that hit store shelves with pre-formatted links to Club Iomega represent an important evolution in film marketing."

Independent Pictures will be partnering with Club Iomega to promote its upcoming film noir "The Prime Gig," starring Vince Vaughn, Julia Ormond, and Ed Harris. Users linking to the Club Iomega site will be able to view cast interviews, the "Prime Gig" trailer, and other fun extras that movie fans have come to expect from cutting-edge film-related Web sites.

"With movie trailers and popular star interviews, Independent Pictures provides a large draw to Club Iomega for consumers," said Germaine Ward, vice president software and eBusiness solutions, Iomega Corporation. "Moviegoers will find the latest movie content from Independent Pictures interesting and easily accessible through Club Iomega."

Iomega Zip(r) disks destined for retail sales worldwide, beginning in January, will also contain a link to Club Iomega. Iomega ships nearly five million Zip disks a month, offering Club Iomega partners the opportunity to reach a broad customer base.

About Independent Pictures
Independent Pictures is run by its Chairman Cary Woods who produced the first efforts of leading filmmakers like "Sixth Sense" writer-director M. Night Shyamalan, "Election" writer-director Alexander Payne, and "Kiss The Girls" director Gary Fleder. Woods' tenure as a leading agent at The William Morris Agency in Los Angeles and as a leading producer at Miramax Films in New York have made him a force in both the low-budget and mainstream film worlds. Woods has championed the work of cutting-edge filmmakers like Doug Liman ("Swingers," "Go"), Harmony Korine ("Julien Donkey-Boy," "Gummo"), and other new artists, securing his place as an icon among screenwriters, directors, and actors drawn to compelling and uncompromising cinema. Whether making movies in the commercial mainstream or on the cutting-edge, Woods' philosophy is that independent filmmaking is less a financing strategy than a way to cultivate new ideas, nurture fresh talent, and protect unique perspectives. Defining his philosophy of creative risk-taking, 14 of the 18 films Woods has produced have been directed and/or written by first-time filmmakers. Woods' eye for talent and his access to a veritable family of artists has given Independent Pictures access to some of the top creative minds and tastemakers in any industry.

About Iomega
Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip(, Jaz( and PocketZip( drives and disks, the HipZip(tm) digital audio player, the FotoShow(tm) digital image center, and Iomega Quik Sync 2 software; Iomega also markets Iomega CD-RW drives and discs. Iomega's products help people to save, share, manage and create important information such as Internet downloads, audio files, personal photographs, spreadsheets, and slides, while protecting that content from viruses and hackers. Used in homes, businesses, government and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-888-4-IOMEGA (888-446-6342), or on the Web at http://www.iomega.com.

Special Note: The statements in this release relating to Club Iomega and Iomega's content providers or the expected benefits from this new product, new distribution, merchandising and advertising are forward-looking statements. There are a number of important factors and uncertainties that could cause actual results to differ materially from those suggested, implied or indicated by such forward-looking statements, including, but not limited to: retail and OEM market acceptance of and demand for the Company's existing and new products, general market demand for PCs and consumer electronics products, the Company's success in timely producing and marketing its products, ability to maintain stringent quality assurance standards and enhanced customer service, availability of critical product components, success of the Company's new marketing initiatives, manufacturing and inventory issues, dependence upon third-party providers of the media content, intellectual property rights, competition, litigation, general economic and/or industry-specific conditions and the other factors described in Iomega's Annual Report on Form 10-K for the year ended December 31, 1999, and its most recent quarterly reports filed with the SEC. Iomega disclaims any intention or obligation to update any formal statements as a result of developments occurring after the date of this press release.

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Copyright (c) 2000 Iomega Corporation. Iomega, Zip, PocketZip, HipZip, and FotoShow are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries.