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

FOR IMMEDIATE RELEASE

Iomega Corporation Announces Availablility Of Internal Zip Drive For Toshiba Laptops

ROY, Utah, November 17, 2000 - Iomega Corporation (NYSE: IOM), a global leader in data management solutions, and the Computer Systems Group (CSG) of Toshiba America Information Systems, Inc. today announced the availability of Iomega Notebook Zip(r) 250MB drives for Toshiba laptops in the United States and Europe. The drive, in the "SelectBay(r)" configuration, offers high-capacity portable storage with the mobility benefits of an internal drive and is available for the Tecra 8100 notebook and the multimedia port replicator for the Portégé(r) 3440CT and 3480CT notebooks.

"An Iomega Notebook Zip(r) 250MB drive enables Toshiba users to seamlessly back up important files without having to connect to a network," said Doug Collier, vice president of product management and business development, Iomega Corporation. "Thousands of copy centers and business service bureaus are equipped to receive Zip disks, which are an ideal way to share large amounts of information with clients and partners."

Steve Andler, vice president, marketing, Toshiba CSG, said, "We are proud to offer our customers this option as an added benefit to their Toshiba purchase. The Iomega Zip drive's portable storage makes doing business on the road more convenient and allows mobile users the flexibility to store, transport and protect valuable data."

The Iomega Notebook Zip(r) 250 MB drive is available today to residents of the United States and Europe. The drives can be ordered directly from Toshiba at www.shoptoshiba.com or by phoning 1-800-316-0920. For more information about the Notebook Zip 250MB drive, please visit www.iomega.com/zip/products/notebook.html.

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, LifeWorks(tm) software, 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 www.iomega.com.

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Copyright(c)2000 Iomega Corporation. Iomega, Zip, HipZip, FotoShow, PocketZip, and LifeWorks are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Tecra, Portege, and SelectBay are trademarks of Toshiba America Information Systems, Inc. or Toshiba Corporation. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.

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Special Note: The statements in this release relating to the availability of the Iomega Notebook Zip 250 MB drive for Toshiba laptops or the expected benefits from this new product include forward-looking statements that are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those referred to in this press release. Such factors include, but are 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, 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.