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

FOR IMMEDIATE RELEASE

ROY, Utah, April 2, 2001 - Iomega Corporation (NYSE: IOM), a global leader in data management solutions, is now shipping its PredatorTM external CD-RW drive with FireWire® connectivity to North American distributors. The new Predator FireWire drive combines style and performance, offering twice the CD-R write speed of USB 1.1 and five times the CD read speed.

Iomega's Predator CD-RW drive with FireWire connectivity has a rated performance of 8X4X32X (8X write, 4X rewrite, 32X read) and supports additional popular interfaces by using detachable and interchangeable adapters. Users will be able to easily switch among any of four hot-swappable connection types: USB 1.1, FireWire, and PC Card and USB 2.0 when available. These choices will give Predator owners the freedom to transform their drives as needed for different desktop and laptop interfaces.

"Offering the speed of FireWire with our sleek Predator CD-RW drive is exciting for Iomega," said Doug Collier, senior vice president, marketing and product management, Iomega Corporation. "We are delivering on the needs of Macintosh users and a growing population of PC users of FireWire connectivity with a cutting-edge portable CD-RW drive with speed performance far in excess of current USB connections."

The Predator external CD-RW drive with FireWire adapter began shipping March 31 and will be available worldwide in Q2. The Predator drive with FireWire adapter is currently available for $329.95 (U.S. estimated retail price) at iomegadirect.com. FireWire interface adapters will be sold separately beginning later this month and will retail for $79.95.

About Predator
Released to market in December 2000, Iomega's Predator CD-RW breaks the mold of traditionally heavy, brick-like external drives with a sleek, lightweight and stylish design. Compatible with both PC and Macintosh® platforms, the Predator drive's set-up is as simple as installing the software and connecting the drive. The software suite includes Adaptec® Easy CD CreatorTM 4.0, Adaptec DirectCDTM 3.0, Adaptec ToastTM, MusicMatch® JukeboxTM Plus, MGI PhotoSuite, Iomega QuikSync software (30-day trial version) and Adobe® ActiveShareTM software. Also included in the package are one CD-R disc, audio cable, data cable and an external power supply.

Iomega CD-RW Drives
Iomega CD-RW drives are available worldwide, two internal drives compatible with any Windows® PC and three external drives compatible with both Windows and Macintosh. Varying speeds meet the diverse needs of users: 12X10X32X (internal) with BURN-ProofTM technology; 8X4X32X (internal); 4X4X6X (external); and the versatile Predator (external) 4X4X6X with USB adapter and 8X4X32X with FireWire adapter. A robust software package is included with each CD-RW drive. All Iomega CD-RW drives are available at iomegadirect.com and are supported by Iomega's customer support team.

About Iomega
Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip®, Jaz® and PocketZipTM drives and disks, the HipZipTM digital audio player, the FotoShowTM digital image center, LifeWorksTM software, and Iomega QuikSyncTM software; Iomega also markets Iomega CD-RW drives and Iomega MicrodriveTM. 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 http://www.iomega.com.

NOTE: The statements contained in this release regarding development, production and distribution of the Predator with FireWire drive and adapter, anticipated product pricing and availability, expected product performance and specifications, future applications for the new product and all other statements that are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are based upon information available to Iomega as of the date hereof, and Iomega disclaims any intention or obligation to update any such forward-looking statements. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the successful completion of product development and testing, market acceptance of, and demand for, the Predator with FireWire adapter products, any difficulties encountered in ramping up production or other manufacturing issues, including component availability and pricing, co-development, production, and distribution issues, product pricing and conformity to specifications, dependence upon third party suppliers, competition, intellectual property rights and other risks and uncertainties identified in the reports filed from time to time by Iomega with the U.S. Securities and Exchange Commission, including Iomega's Annual Report on Form 10-K for the year ended December 31, 2000, and its most recent Quarterly Report on Form 10-Q.

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Copyright© 2001 Iomega Corporation. All rights reserved. Iomega, Zip, Jaz, PocketZip, HipZip, FotoShow, QuikSync and LifeWorks are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Windows is a registered trademark of Microsoft Corporation in the US and/or other countries. Macintosh and FireWire are either trademarks or registered trademarks of Apple Computer Inc. BURN-Proof technology is a trademark of SANYO Electronic Co., Ltd. MusicMatch is a trademark of MusicMatch, Inc. Adaptec Easy CD Creator and Direct CD are registered trademarks of Adaptec CD. Adobe and ActiveShare are trademarks or registered trademarks of Adobe Systems Inc. Microdrive is a trademark of IBM Corporation and is used with permission.