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

FOR IMMEDIATE RELEASE

ROY, Utah--(BUSINESS WIRE)--June 5, 2000-- Newest Members of Iomega's Internal ZipCD ATAPI Optical Product Line Include a 12x4x32x Drive and a 6x4x24x4x CD-RW/DVD Reader Combination Drive Iomega Corporation (NYSE:IOM), a global leader in data management solutions, today announced shipment of an internal 12x4x32x ZipCD(TM) ATAPI CD-RW drive, and also announced its intention to ship a 6x4x24x4x ZipCD(TM) ATAPI CD-RW/DVD Reader combination drive within Q3, 2000. Both drives are compatible with Windows(R) 95/98/2000; the 12x4x32x drive is also compatible with Windows NT(R) 4.0 operating system. Additionally, both ship with Adaptec(R) Easy CD Creator(TM) and Adaptec DirectCD(TM) software. Iomega's new high-speed internal 12x4x32x ZipCD(TM) ATAPI drive is a powerful data management tool that can be used for countless applications, including the creation of personal digital photo albums, family history archives and customized audio CDs. The 12x4x32x ZipCD ATAPI drive also features innovative Burn-Proof(TM) technology, which greatly increases the ease-of-use of CD-RW drives. Burn-Proof(TM) is designed to reduce CD-R disc creation failure rates by giving the drive the ability to detect and remedy potential data transfer interruptions, essentially allowing the drive to work "smarter." Iomega's 6x4x24x4x ZipCD(TM) ATAPI CD-RW/DVD Reader allows users to create CDs and to access software titles, games and movies on DVD discs. In addition, both of Iomega's new drives fit inside a desktop computer's 5.25" drive bay, which saves the user valuable desk space. "Iomega's launch of two innovative optical products underlines our commitment to continually provide leading-edge technology to our customers," said Mark Lucas, executive vice president, global marketing and product management. "We will continue expanding our ZipCD product line to reflect customer demands." The internal 12x4x32x ZipCD(TM) ATAPI drive is available at an estimated street price of $299.95 (U.S.). The estimated street price of the internal 6x4x24x4x ZipCD(TM) CD-RW/DVD Reader will be announced at the time of shipping. The internal 12x4x32x drive is currently available, and the internal 6x4x24x4x drive will be available in Q3, 2000, directly from Iomega at www.iomegadirect.com or through major distributors and resellers. About ZipCD Drives Iomega entered the realm of optical technology in August 1999 with the introduction of the PC-compatible internal 4x4x24x ZipCD(TM) ATAPI drive. In December 1999, Iomega continued its push into the optical market with the successful introduction of its uniquely-designed PC-compatible external ZipCD USB drive. Iomega added Macintosh(R) software drivers and support for this drive in March 2000. Iomega also added an 8x4x32x ZipCD(TM) ATAPI drive to its optical line on May 15, 2000. About Iomega Iomega Corporation 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 plans to ship a 6x4x24x4x CD-RW/ DVD Reader combination drive and the expected availability and functionality of the 6x4x24x4x CD-RW/ DVD Reader combination drive are forward-looking statements. There are 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, CD-RW/DVD Reader combination drives and Iomega's products, 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. Windows and Windows NT are either registered trademarks or trademarks of Microsoft 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. CONTACT: Iomega Corporation, Roy Adam Anderson, 801/332-4522 (Media) andersad@iomega.com Chris Romoser, 801/332-3678 (Media) romoser@iomega.com Jim Recob, 801/332-4430 (Analysts/Investors) recob@iomega.com