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 and OfficeMax Deal Supports
New Microsoft Windows Me Promotion
ROY, Utah,
September 11, 2000 - Iomega Corporation (NYSE:IOM),
a global leader in data management solutions, today
announced a multi-million dollar purchase order of Iomega
products by OfficeMax Inc. (NYSE:OMX). The deal represents
the largest single retail order in Iomega's history.
OfficeMax placed the product order
in preparation for its fall promotional schedule, which
will kick off on Sept. 14 with a Microsoft Windows(r)
Me promotion. As part of the promotion, OfficeMax will
offer its customers a free Zip(r) drive with every Windows
Me purchase.
"Any OfficeMax or OfficeMax.com
customer purchasing a Microsoft Windows Me full version
or upgrade will receive a free Iomega 100MB Zip USB
drive after a $40 mail-in rebate," said Michael
Feuer, OfficeMax's chairman and chief executive officer.
"We expect to give our customers over 60,000 Zip
drives during the promotion."
In addition, Iomega will supply OfficeMax
with a full range of Iomega products, which will be
offered to OfficeMax customers throughout its fall promotion
schedule.
OfficeMax, which has traditionally offered Iomega drives
and disks from Iomega's Zip(r) product line, will add
Iomega's PocketZip(tm) and CD-RW product lines to its
selection, as well as copies of Iomega's Quik Sync 2
software, which allows a user simultaneous and transparent
backup to a chosen file directory.
"This is an enormous win for
Iomega and a great opportunity for OfficeMax customers
to take advantage of a great promotion," said Bruce
Albertson, president and CEO, Iomega Corporation. "We
are very pleased with OfficeMax's decision to sweeten
every Windows Me purchase by offering each customer
a free Iomega Zip drive. We are equally pleased with
OfficeMax's decision to broaden its Iomega product line
offerings during its fall promotion. Iomega's success
in working with well-known, respected retail chains
such as OfficeMax highlights Iomega's commitment to,
and success in, increasing its top line."
Mr. Feuer added, "The massive
popularity of Iomega's Zip drive and the applications
it has in small business make it a perfect promotional
gift for our productivity-minded customers."
Phil Raleigh, director of retail
sales, Iomega Corporation said, "We made it a priority
to maximize Iomega's presence in the retail market.
This significant sale of Iomega product to OfficeMax
is iron-clad proof that there is a very strong demand
for Iomega products and a recognition that Iomega is
a leader in dependable and portable storage for consumer's
digital content."
About OfficeMax
OfficeMax operates over 1,000 full-size superstores
in 49 states, Puerto Rico and the U.S. Virgin Islands.
In addition to offering office products, business machines,
computers and related items, the Company also features
CopyMax and FurnitureMax, in-store modules devoted exclusively
to print-for-pay services and office furniture. Through
joint venture partnerships, OfficeMax currently operates
29 international locations. Additionally, OfficeMax.com/Direct,
the Company's e-Commerce, catalog and direct marketing
business unit, services customers through 19 delivery
centers, two national call centers and an outside sales
force.
About Iomega
Iomega Corporation (NYSE:IOM) manufactures and markets
the award-winning Zip(r), Jaz(r) and PocketZip(tm) drives
and disks and markets Iomega 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.
# # #
Copyright (c) 2000 Iomega Corporation.
Iomega, the stylized "i" logo, Zip, Jaz, and
PocketZip 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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