Media please contact:
Chris Romoser, Iomega Corporation, (801) 332-3678 romoser@iomega.com
Julie Miller, Intuit Inc. (858) 784-4469; julie_miller@intuit.com
Analyst/Investors, please contact:
Jim Recob, Iomega Corporation, (801) 332-4430 recob@iomega.com
FOR IMMEDIATE RELEASE
Iomega's Zip(r), Jaz(r), Clik!(tm)
and ZipCD(tm) Drives Will be Available to
Internet-Based Trading Communities
ROY, Utah -
July 31, 2000 - Iomega Corporation (NYSE:IOM),
a global leader in data management solutions, today
announced that it will become a key supplier to Intelisys(tm),
a builder of dynamic Internet-based trading communities
that provide e-procurement solutions to private companies
and large public sector organizations. Beginning this
week, Iomega will offer its award-winning Zip(r), Jaz(r),
Clik!(tm) and ZipCD(tm) drives and disks to buyers using
Intelisys' business-to-business e-Marketplaces(tm),
which are being rolled out to more than four million
businesses with almost $1 trillion in annual purchasing
power.
With more than 37 million Zip(r)
drives and more than 223 million Zip disks shipped worldwide,
Iomega's data management products are the preferred
solutions for millions of computer users for sharing,
storing, transporting and protecting their critical
information. Iomega products that will be available
through Intelisys' e-Marketplaces include Zip(r) 100MB
and 250MB drives and disks; Jaz(r) 2GB drives and disks;
Clik!(tm) 40MB drives and disks; ZipCD(tm) CD-RW drives
and discs; RecordIt digital recording software; Quik
Sync 2 software and Norton(tm) Zip(r) Rescue software.
"We look forward to offering
the businesses throughout Intelisys' e-Marketplaces
our easy and convenient solutions for saving, storing
and sharing important information," said Mark Fox,
senior director, e-business, Iomega Corporation. "These
online exchanges are an important new venue for connecting
with customers, and part of our vision at Iomega is
to be the global leader in providing solutions that
enable businesses, homes, government and educational
facilities to more easily and confidently manage the
different kinds of digital content that are a part of
all our lives today."
Michael J. Collins, vice president
of worldwide marketing, Intelisys, said, "Having
Iomega as an Intelisys supplier means that millions
of small businesses will have a convenient connection
to the world's leading provider of data management products.
Bringing Iomega into Intelisys-Powered e-Marketplaces
reflects our focus on ensuring that our customers, as
well as their customers, have access to the most trusted
products and services when they choose which
e-Marketplace to call their e-commerce headquarters."
Intelisys is a market leader in powering
Internet-based e-Marketplaces that allow sponsors and
their customers an easy way to increase their purchasing
power, grow revenues and strengthen trading relationships.
Intelisys-Powered(tm) e-Marketplaces include bPurchase,
sponsored by Chase Manhattan Bank; Intuit's QuickBooks
Purchasing Service; First Union Corporation's online
business exchange; Union Planters Corporation's business
exchange; Westpac's premier business-to-business e-Marketplace
for Australia; the State of Maryland's eMaryland Marketplace;
the commonwealth of Massachusetts' EMall; and Commonfind,
the first
e-Marketplace designed specifically for the education
market.
About Intelisys
Intelisys(tm) is a leading provider of e-Marketplace(tm)
solutions used by Global 2000 companies, large public
sector organizations, and small businesses. The Intelisys
ConnectTrade(tm) suite of products is a dynamic, open
e-procurement solution that connects businesses of all
sizes as buyers and suppliers over the Internet to deliver
the true promise of B2B e-commerce. Intelisys ConnectTrade
automates corporate purchasing online, and is based
on open standards, real-time Supplier-Managed Catalogs(tm)
and Point-and-Click Purchasing(tm). Intelisys solutions
deliver the easiest and fastest way to dramatically
reduce the high cost of enterprise purchasing, while
generating new revenue streams by turning buyers into
suppliers overnight. For information on Intelisys or
to learn more about Intelisys Powered(tm) B2B e-Marketplaces,
visit the Company's Web site at www.intelisys.com.
About Iomega
Iomega Corporation manufacturers and markets the award-winning
Zip(r), Jaz(r) and Clik!(tm) drives and disks and markets
the ZipCD(tm) CD-RW drives and discs. Iomega's products
help people to save, share, manage and create important
information such as spreadsheets, slides, Internet downloads,
audio files and personal photographs, while helping
protect 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 1-800-MY-STUFF
(800/697-8833), or on the Web at http://www.iomega.com.
# # #
Special note: Statements contained
in this release relating to Iomega's plans to offer
products through Intelisys-Powered e-Marketplaces are
forward-looking statements. There are a 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
products offered through Intelisys-Powered e-Marketplaces,
manufacturing issues, including component availability
and pricing, development and distribution issues, product
pricing and conformity to specifications, competition,
intellectual property rights and other risks as identified
in Iomega's Annual Report to Stockholders for 1999 on
Form 10-K, and its most recent quarterly reports filed
with the SEC.
Copyright (c) 2000 Iomega Corporation.
Iomega, Zip, Jaz, Clik! and ZipCD are either registered
trademarks or trademarks of Iomega Corporation in the
United Sates and/or other countries. Certain other product
names, brand names and company names may be trademarks
or designations of their respective owners.
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