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

FOR IMMEDIATE RELEASE

ROY, Utah--(BUSINESS WIRE)--June 13, 2000--Iomega Corporation (NYSE:IOM), a leader in smart, portable storage solutions, today announced shipment of its newly-designed two-gigabyte Jaz(R) drive. This is the first redesign of Iomega's Jaz external 2GB drive, which began shipping in December 1998. The new design gives the Jaz drive a sleeker exterior and stackable design, which can help users maximize valuable desk space. The Jaz drive is compatible with Windows(R) 95/98/NT 4.0 and 2000, as well as Mac OS 8.1 through 9.x. Iomega's redesign of its Jaz(R) 2GB drive is another step the company has taken in an initiative to expand the functionality of the Jaz platform. In April, Iomega began shipping its Jaz USB adapter and also announced its intention to develop and ship a FireWire(R) adapter for its Jaz drive. Iomega's adapters provide users of current products an easy and inexpensive connectivity enhancement option, and allow Iomega to accommodate its large installed base. "Our efforts in redesigning the Jaz drive highlight our overall long-term commitment to high-capacity, high-speed removable storage products," said Mark Lucas, executive vice president, global marketing and product management, Iomega Corporation About Jaz drives and disks Jaz(R) drives and Jaz 1GB and 2GB disks unleash the creativity of professionals in the graphic design and publishing, software development, industrial 3D CAD/CAM, enterprise management systems and entertainment authorizing markets by giving them unlimited space for their dynamic digital content. Service bureaus are an integral part of these professionals' projects, and with the proliferation of Jaz drives in service bureaus around the country, they can manage their data and projects almost anywhere. Selling at an estimated street price of $349.95 (U.S.), the award-winning Jaz(R) 2GB drive offers an affordable professional storage solution for today's powerful workstation computers. The Jaz 2GB drive and 2GB disks exceed not only the capacity, but also the performance of other removable storage products in its class by operating at an impressive maximum sustained transfer rate of 8.0MB per second -- fast enough to run applications or deliver full-screen, full-motion video. The Jaz(R) 2GB drive is compatible with Jaz 1GB disks, protecting the investment of the owners of more than 2 million Jaz drives worldwide. It provides twice the capacity and up to 40 percent higher performance than the original Jaz 1GB drive. Jaz drives and disks are available worldwide through VARs, resellers, system integrators, distributors, mail order and retailers. The redesigned Jaz(R) 2GB drive is currently available at www.iomegadirect.com or through major distributors and resellers. 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) and CD-RW drives and discs. Iomega's products help people to save, share, and manage and create important information such as spreadsheets, slides, and 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, 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.