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| Iomega Corporation
Announces New Director
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Media please contact:
Chris Romoser, Iomega Corporation, (858) 795-7148 romoser@iomega.com
Analyst/Investors, please contact:
Barry Zwarenstein, Iomega Corporation, (858) 795-7190
For Immediate Release
Iomega Corporation announces new director
SAN DIEGO, July 23, 2002
- David Dunn, Chairman of the Board of Iomega Corporation,
announced today the election of a new director, Neal
J. Martini. Mr. Martini becomes the third new member
of Iomega’s Board to be announced this year.
“Since the Annual Meeting in May,” Mr. Dunn
said, “Iomega has added three new directors who
bring proven performance and strong business experience
to the Board.”
Mr. Martini spent more than 23 years in leadership positions
with the Hewlett-Packard Company. He retired from Hewlett-Packard
in 2001, was most recently Vice President and General
Manager of the LaserJet business unit, where he had
worldwide responsibility for product development, manufacturing,
distribution, marketing and sales for monochrome LaserJet
printers, color LaserJet printers and associated supplies.
The business unit had revenue in excess of $10 billion
and a worldwide market share of approximately 65% in
2001.
Mr. Martini’s previous positions with the Hewlett-Packard
Company included General Manager of the color LaserJet
and suppliers division, based in Boise, Idaho; Manager
of the research and development laboratory for Hewlett-Packard’s
San Diego division; and a variety of leadership positions
in research and development. During his tenure with
Hewlett-Packard, Mr. Martini was responsible for the
management of more than 3,700 employees.
Prior to joining Hewlett-Packard, Mr. Martini held engineering
design positions with Monsanto Chemical Company and
Naval Oceans Systems Center. A resident of Boise, Idaho,
Mr. Martini received his Bachelor of Science in Electrical
Engineering from the University of Detroit, and his
Master’s in Electrical Engineering from the University
of Missouri-Rolla.
Mr. Martini joins two other recently announced members
of the Iomega Board of Directors – Louis Caldera,
Vice Chancellor for University Advancement for the California
State University System; and Stephen N. David, Chief Information
Officer and Business-to-Business Officer of the Procter
& Gamble Company. It is expected that all three new
directors will be included in the panel of directors submitted
to the shareholders at next year’s Annual Meeting.
About Iomega
Iomega Corporation provides easy-to-use, high value storage
solutions to help people protect, secure, capture and
share their digital valuables. Iomega’s award-winning
storage products include the popular Zip® 100MB and
250MB drives, high performance Iomega® HDD portable
hard drives that feature capacities from 20GB to 30GB,
Iomega® HDD external hard drives that offer capacities
of 40GB and will soon offer capacities up to 120GB, and
Iomega® external CD-RW drives. Iomega QuikSync™
automatic backup software and HotBurn® CD-recording
software simplify data protection and sharing at home
and in the workplace. For networks, the new line of Iomega
NAS servers offers capacities of 120GB to 480GB. The Company
can be reached at 1-888-4-IOMEGA (888-446-6342), or on
the Web at http://www.iomega.com.
Special Note Regarding Forward-Looking Statements
All statements contained in this release 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
based on a number of unforeseen risk factors, including
but not limited to the 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 most recent annual report on Form 10-K.
# # #
Copyright© 2002 Iomega Corporation. All rights
reserved. Iomega, Zip, Peerless, Predator, DataSafe,
QuikSync, HotBurn, LifeWorks and ioLink 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.
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