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 the launch of IomegaWare 2.5 software incorporating support for Windows(R) ME, Microsoft's newest version of its popular Windows platform. IomegaWare 2.5 will begin shipping this summer. "We are pleased to provide support to Windows ME users with IomegaWare 2.5," said Germaine Ward, vice president of software solution, Iomega Corporation. "Iomega recognizes the importance of supporting new operating systems and will continue to update IomegaWare software to keep pace with new operating systems as they move into the marketplace." IomegaWare 2.5 is compatible with Windows(R) 95/98/2000, Windows(R) NT 4.0, Windows(R) ME and Macintosh(R) OS 8.1-9.x. 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 plans to develop and/or support the software platforms mentioned in this release and the expected availability and functionality of these new products 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, these new products and Iomega's existing 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. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.