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

FOR IMMEDIATE RELEASE

NEW YORK--(BUSINESS WIRE)--June 27, 2000--Iomega Corporation (NYSE:IOM), a global leader in data management solutions, today announced availability of its new internal Zip(R) 250MB drive for leading notebook computers from IBM and Dell Computer Corporation. The new drive, in the "bay tray" configuration, offers high-capacity portable storage in a convenient, easy-to-use platform without compromising mobility. The new internal Zip(R) 250MB drive is now an option for the new line of ThinkPad(R) by IBM, and Dell's Latitude(TM) and Inspirion(TM) notebooks, offering IBM and Dell users the convenience and ease-of-use of Zip drives. In addition VST, a market leader in design, engineering and marketing of high performance personal storage systems for the Internet and computer industries, has included Iomega's new Zip 250MB drive in the latest Macintosh(R) PowerBook products. "As we all grow to depend more on digital content, notebooks with built-in Zip drive capabilities provide the business road warrior with additional options for managing important documents and presentations," said Mark Lucas, executive vice president, global marketing and product management, Iomega Corporation. "Iomega added the internal Zip 250MB drive to the product line in response to customer requests for a high-capacity solution that provides protection of valuable digital content with the ease of a built-in device." Future products under development include the built-in Zip(R) 250MB drives for Compaq laptops. About Iomega Iomega Corporation (NYSE:IOM) manufactures 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 for built-in Zip 250MB drives into IBM, Dell and Compaq notebooks and the expected availability and functionality of the built-in Zip 250MB drives 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 plans for built-in Zip 250MB drives into IBM, Dell and Compaq notebooks, 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 States and/or other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.