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

FOR IMMEDIATE RELEASE

NEW YORK--(BUSINESS WIRE)--June 27, 2000--Iomega Corporation (NYSE:IOM), a global leader in data management solutions, today announced a new online storage service for its customers. Through a new agreement with SkyDesk, a leading provider of Internet storage solutions, Iomega will develop software that enables users to store, access, transfer and save data and other information to either an Iomega drive or an online storage location, providing customers with global data access. Iomega expects to sell this service to consumers and commercial customers in the fall of 2000. "Our agreement with SkyDesk is an important step in maintaining our brand leadership in data storage, access and protection," said Germaine Ward, vice president, software solutions, Iomega Corporation. "Our future software developments will allow users flexibility in deciding where to secure their data - on a Zip(R) disk, the desktop or beyond. We also believe these products will offer an enormous benefit to laptop users, giving them the ultimate in data protection and access to files from nearly anywhere in the world." Iomega selected SkyDesk's technology because of the company's reputation and proven track record for delivering effective, easy-to-use and secure Internet-based storage solutions and services that are endorsed and supported by industry leading Internet service providers and software/hardware manufacturers, including Dell, EarthLink, Gateway, Intuit, @Home, IBM, Compaq and Hewlett-Packard. "Iomega has a great brand reputation and we are proud to work with the company on this project," said Jim Till, SkyDesk's senior vice president of sales and marketing. "The company's 20-year history in removable storage, data protection and its extensive customer base and distribution network paired with SkyDesk's knowledge and expertise in developing superior online data management service makes this an ideal partnership." Philip Mendoza, IDC Client Management Software analyst, said, "Users like the idea of Internet storage, but the problem is that there isn't much awareness about the product offerings. Iomega's strong consumer brand name together with SkyDesk's back-end services should help change that." About SkyDesk Founded in 1996 in San Diego, as @Backup, recently renamed SkyDesk, is the leading provider of services for companies wanting to provide their customers with complete Internet storage, file access and data migration solutions. By outsourcing the storage, retrieval and migration of information, the company extends backup to create a user's virtual desktop from which information can be accessed anywhere, anytime. SkyDesk's massively scalable services are endorsed, distributed and marketed by industry leading ISPs, software publishers and hardware manufacturers. For more information about SkyDesk, please visit the company's Web site at www.skydesk.com. 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 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. Special note: Statements contained in this release relating to Iomega's announced co-development agreement with SkyDesk and Iomega's plans to develop specialized software are forward-looking statements. There a number of important factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including market acceptance of, and demand for, Iomega's announced co-development agreement with SkyDesk and Iomega's plans to develop specialized software, manufacturing issues, including component availability and pricing, development and distribution issues, product pricing and conformity to specifications, competition, intellectual property rights and other risks as identified in Iomega's Annual Report to Stockholders for 1999 on Form 10-K, 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.