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

FOR IMMEDIATE RELEASE

Iomega Partners With MediaBay for Club Iomega

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

Iomega and MediaBay.com will partner to develop and promote a co-branded audio download subscription service through which consumers can access selections from MediaBay's library of over 50,000 hours of audiobooks, old-time radio, and audio versions of newspapers, magazines, and newsletters. Club Iomega will also offer members free MediaBay downloads, such as an old time radio adaptation of "It's A Wonderful Life."

"We are excited to partner with MediaBay to offer consumers a vast range of digital audio choices in an affordable subscription," said Bruce Albertson, president and CEO, Iomega Corporation. "The MediaBay library provides the broad selection of content we had in mind for consumers when creating Club Iomega."

Club Iomega will allow consumers to download select digital audio content from MediaBay.com and replay it on the Iomega HipZip(tm) digital audio player and Iomega PocketZip(tm) disks.

"This partnership with Iomega is a perfect fit for our initiative to market and offer all of our content over the internet," said Michael Herrick, CEO MediaBay, Inc. "Club Iomega will provide consumers with an easy way to access digital audio content from MediaBay."

Iomega Zip 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 MediaBay, Inc.
MediaBay, Inc. is the leading provider of premium spoken word audio content and products in hard goods and digital download formats both online and offline which it markets to its customer database of over 2.5 million names, 650,000 opt-in email addresses and more than 2.1 million unique website visitors. MediaBay, Inc. is one of the world's largest marketers of audiobooks through its Audio Book Club membership club, which markets and sells tens of thousands of audiobook titles through direct mail and the Internet at http://www.audiobookclub.com. MediaBay, Inc. is also one of the world's largest marketers of old-time radio shows and classic videos through its Radio Spirits subsidiary which markets and sells its content library of over 60,000 radio shows and 3,500 videos on audio cassette, compact disc and video cassette through direct mail, retail and radio channels, as well as through the Internet at http://www.MediaBay.com. MediaBay.com, the Company's media portal site, is an innovative content and e-commerce website offering the Company's millions of customers and website visitors a single location for premium spoken word content and products available in hard goods and secure digital download formats.

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.