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
ROY, Utah--(BUSINESS
WIRE)--July 18, 2000--Iomega Corporation (NYSE:IOM),
a global leader in data management solutions, announced
today that the company's president and CEO, Bruce Albertson
was interviewed by CEOcast.com a leading on-line financial
forum. Topics of the discussion included Iomega's second
quarter earnings, improved profitability, cost control
measures, and new product announcements such as digital
audio players, software and FotoShow.
"We cannot possibly overstate the shift in Iomega's
change in strategy over the last six months," said
Bruce Albertson, "We are energizing every part
of the company. Our cost control initiatives have driven
our dramatic bottom line improvements. This strong cost
positioning allows Iomega to establish new retail initiatives,
OEM successes, and introduce new products in markets
that will move Iomega beyond the computer room."
The interview with Bruce Albertson is accessible at
www.ceocast.com and is available through the next four
business days.
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 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 1-800-MY-STUFF (800-697-8833), or on the
Web at http://www.iomega.com.
About CEOcast.com
CEOcast.com is a leading on-line
source of original and syndicated streamlining broadcast
interviews of Chief Executive Officers at public and
private news-making companies. CEOcast's programming
is distributed to millions of on-line investors at over
700 financial web sites.
Special Note: The statements in this
release and interview relating to the Company's future
plans for marketing, new products and alliances and
future growth and operating results are forward-looking
statements. There are a number of important factors
that could cause actual results to differ materially
from those suggested or indicated by such forward-looking
statements, including retail and OEM market acceptance
of and demand for the Company's existing and new 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, 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.
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.
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