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,
December 1, 2000 - Iomega Corporation (NYSE:IOM),
a global leader in data management solutions, today
announced that Iomega's PC and Macintosh® compatible
4X4X6X CD-RW Drive will be featured this Sunday, December
3, at 7:00AM EST on QVC, the e-commerce leader.
Iomega joins a select list of manufacturers
chosen to offer products on QVC, having passed QVC's
stringent quality evaluation. QVC will feature Iomega's
USB-based external CD-RW drive and Adaptec® application
software, bundled with a six-pack of CDR media. The
CD-RW bundle will be sold for $199 during a Gateway
Computers products segment.
"With a North American reach
of approximately 79 million homes, QVC allows us to
demonstrate the outstanding features of the Iomega CD-RW
drive to a large audience," said Bruce Albertson,
president and CEO, Iomega Corporation. "Iomega's
CD-RW is portable, easy to use, and compatible with
Mac and PC. So it's appealing to a wide variety of people
that want an easy way to protect all kinds of content,
from music and photos to spreadsheets and presentations."
According to VisionQuest 2000 market
research, Iomega is currently the No. 2 seller of CD-RW
drives in US retail markets.
"Our relationship with Iomega
helps QVC provide products that go beyond the computer,"
said Dennis D'Angelo, Director of Electronics for QVC.
"We want to give our customers a selection of cutting
edge products and the Iomega CD-RW drive allows us to
do that."
About Iomega
Iomega Corporation (NYSE:IOM) manufactures and markets
the award-winning Zip®, Jaz® and PocketZipTM
drives and disks, the HipZipTM digital audio player,
the FotoShowTM digital image center, LifeWorksTM 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.
About QVC
QVC, Inc., a $3.3 billion company, is an e-commerce
leader, marketing a wide variety of brand name products
in such categories as home furnishing, licensed products,
fashion, beauty, electronics and fine jewelry. QVC reaches
over 75 million homes in the United States. Other divisions/subsidiaries
include iQVC, Q Direct, QVC Publishing, Q Records, QVC
Local, QVC ProductWorks and Pioneer Studios. The QVC
Studio Tour is located at the company's world headquarters
in West Chester, PA.
NOTE: The statements contained in
this release that are not purely historical are forward-looking
statements within the meaning of Section 21E of the
Securities and Exchange Act of 1934, including statements
regarding the expectations, beliefs, hopes, intentions
or strategies of both Iomega and QVC regarding the future.
All forward-looking statements included in this document
are based upon information available to QVC and Iomega
as of the date hereof, and neither QVC nor Iomega assumes
any obligation to update any such forward-looking statement.
Actual results could differ materially from current
expectations. Factors that could cause or contribute
to such differences include, but are not limited to,
changes in programming, and/or unforeseen delays and
other risks as identified in the reports filed from
time to time with the U.S. Securities and Exchange Commission
by Iomega, including Iomega's Annual Report to Stockholders
for 1999 on Form 10-K and its most recent quarterly
reports filed with the SEC.
# # #
Copyright© Iomega Corporation.
Iomega, Zip, Jaz, PocketZip, HipZip, and FotoShow are
either registered trademarks or trademarks of Iomega
Corporation in the United States and/or other countries.
Macintosh is either a registered trademark or trademark
of Apple Computer Inc. in the United States and/or other
countries. Adaptec is a registered trademark of Adaptec
Inc. in the United States and/or other countries. Certain
other product names, brand names and company names may
be trademarked or designations of their respective owners.
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