Analyst/Investors, please contact:
Barry Zwarenstein, Iomega Corporation, (858) 795-7188

For Immediate Release

Norton Ghost™ 2003 To Ship With Iomega® HDD Portable and HDD Desktop Hard Drives

SAN DIEGO, October 31, 2002 - Iomega Corporation (NYSE: IOM), a global leader in portable data storage, today announced a bundling agreement with Symantec Corporation (Nasdaq: SYMC) to include its Norton Ghost 2003 with Iomega® HDD External Hard Drive products, giving Iomega customers a complete solution for protecting data from computer disasters.

Beginning in November, the state-of-the-art Iomega HDD External Hard Drive products, which range in capacity from 20GB to 120GB, will include a free copy of Norton Ghost 2003 software, which has an estimated retail value of $70. With Norton Ghost 2003 and Iomega® Automatic Backup software, users of the Iomega HDD External Hard Drives will have fast, simple, and reliable file backups, disk imaging, and safe and quick system recovery, to enable PC hard drive upgrades and complete disaster recovery.

"Disaster recovery solutions are worth their weight in gold when problems arise," said Werner Heid, president and CEO, Iomega Corporation. "We're pleased that this important product bundle with Symantec gives Iomega customers a complete disaster recovery solution using Iomega HDD External Hard Drives."

Availability
Iomega HDD Portable Hard Drives and Iomega HDD Desktop Hard Drives will be bundled worldwide with Norton Ghost 2003 beginning in November 2002.

About Symantec's Norton Ghost 2003
Symantec's Norton Ghost 2003 is the personal/home office edition of Symantec Ghost Enterprise, the industry leading software for robust PC cloning. Norton Ghost 2003 allows users to restore or replace an entire hard drive without reinstalling the operating system and application software. Its intuitive interface makes it easy to create regular backups of a hard drive, and it lets users recover individual files quickly and safely.

About Iomega HDD External Hard Drives
The Iomega HDD Portable Hard Drive gives the mobile user 20GB or 30GB of storage capacity in a sleek eight-ounce (231g) package, and it is equipped with either a USB 2.0 (backwards compatible with USB 1.1) or FireWire® interface module (additional interface modules sold separately). For desktop users, the Iomega HDD Desktop Hard Drive offers 40GB, 80GB, or 120GB of rugged, reliable storage in a slightly larger form factor; it too lets users swap between USB 2.0 (backwards compatible with USB 1.1) and FireWire interfaces with optional cable-integrated interfaces. Both drives feature Iomega Automatic Backup software for on-the-fly backups along with Symantec Norton Ghost 2003 software for disaster recovery.

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, 250MB and 750MB drives, high-performance Iomega® HDD Portable Hard Drives that feature capacities from 20GB to 30GB, Iomega® HDD External Hard Drives that offer capacities from 40GB to 120GB, and Iomega® external CD-RW drives. Iomega simplifies data protection and sharing at home and in the workplace with Iomega® Automatic Backup software, Iomega® Sync software, and HotBurn® CD-recording software. For networks, Iomega® NAS servers offer 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.

NOTE: The statements contained in this release regarding development, production and distribution of the Iomega and bundled product, 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 Iomega product, 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, 2001, and its most recent Quarterly Report on Form 10-Q.

Copyright© 2002 Iomega Corporation. All rights reserved. Iomega, Zip, Peerless, Predator, QuikSync, HotBurn and LifeWorks 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.