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

FOR IMMEDIATE RELEASE

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 5, 2000--Iomega Corporation (NYSE:IOM), a leader in smart, portable storage solutions, today announced Macintosh(R) compatibility for its ZipCD(TM) external Universal Serial Bus (USB) CD-ReWritable (CD-RW) drive which is expected to begin shipping in Q1 of 2000. In addition, Iomega plans for future CD-RW drives to be compatible with Macintosh computers. "Iomega recognizes the value and importance of Apple's growing customer base," said David Gantt, vice president and general manager, optical products, Iomega Corporation. "We believe many Mac users will find the versatile ZipCD external USB drive easy to use and a great compliment to their desktop or laptop computer system." The ZipCD(TM) 4x4x6 external USB drive will enable Macintosh(R) computer users to record, archive, share and distribute up to 650MB of data on a common CD format. Iomega's ZipCD drives are high-capacity, easy-to-use and ideal for saving and sharing original music, personal photos, games, Internet content and more. The USB interface allows quick and easy installation and "plug-and-play" capability for the drive. In addition, USB-enabled peripherals also support faster data transfers that allow video and audio files to be compiled more easily and rapidly than peripherals with the "traditional" parallel port interface. "Apple's continued growth represents a great opportunity for businesses developing products for the Mac," said Clent Richardson, Apple's vice president of Worldwide Developer Relations. "We welcome Iomega's ongoing support of the platform and believe Iomega's ZipCD external USB drive will be a hit among Mac users everywhere." Continuing Iomega's focus on ease-of-use for customers, the Macintosh-compatible ZipCD(TM) external USB drive will be bundled with an array of user-friendly software tools, including: -- Adaptec(R) TOAST(TM) - CD record/copy software for Macintosh -- Adaptec(R) Easy CD Creator(TM) - CD record/copy software -- Adaptec Direct CD - Data copy software The Macintosh-compatible ZipCD(TM) external USB drive is expected to be available at an estimated street price of $279.95 (U.S.). 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 that help people to organize, manage, create, exchange and share their important information. 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 the expected availability, pricing and functionality of the Macintosh(R)-compatible ZipCD(TM) drive and Iomega's future plans to introduce other Macintosh-compatible optical 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, the Macintosh-compatible ZipCD drive, 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 1998 on Form 10-K, filed March 26, 1999, 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. Macintosh, and Mac are either registered trademarks of Apple Computer 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 Adam Anderson, 801/332-4522 (Media) andersad@iomega.com Janet Kacskos, 801/332-4736 (Media) kacskos@iomega.com Wade Olsen, 801/332-4430 (Investors/Analysts) olsenw@iomega.com