Media please contact:
Chris Romoser, Iomega Corporation, (858) 314-7148 romoser@iomega.com

Analyst/Investors, please contact:
Barry Zwarenstein, Iomega Corporation, (858) 314-7190

For Immediate Release

Full line of Iomega NAS Products Now Available for Dictaphone Solutions

SAN DIEGO, August 4, 2003 — Iomega Corporation (NYSE: IOM), a global leader in data storage, today announced that it has become one of the preferred providers of Windows® powered network attached storage (NAS) products for Dictaphone Corporation’s Communications Recording Systems (CRS) group.

Effectively immediately, Iomega’s NAS products, ranging in capacity from 160 gigabytes to 1.4 terabytes, will be available to provide storage options for all users of Dictaphone’s Freedom® recording systems. Communications recordings, as well as video surveillance recordings, can be archived from the Freedom® system to an Iomega NAS product for secure, long-term storage. The recordings can then be accessed from the NAS device remotely, providing instantaneous access to recordings throughout the enterprise.

“We are extremely pleased that Dictaphone has chosen Iomega as a storage supplier for its industry-leading voice and data technology products,” said Greg Rhine, Vice President and General Manager, Americas sales, Iomega Corporation. “Iomega’s Windows Powered NAS servers deliver the flexibility and reliability that Dictaphone’s customers need for managing important voice and data content.”

Dictaphone products offered through the CRS division include Freedom® Digital Recording solutions for customer contact centers, public safety, and financial services applications.

According to Ed Rucinski, Sr. Vice President and General Manager of Dictaphone’s CRS™ group, “Our customers want reliable, standards-based solutions that are well supported, and Iomega is a well-known brand that has been building a strong reputation with its NAS products. Iomega’s Windows Powered NAS servers also integrate easily into existing networks, offering high-availability storage for 24/7 environments.”

Iomega NAS servers offer flexible, cross-platform solutions that businesses need for organizing, sharing, and protecting their critical data. Iomega’s broad line of NAS servers ranges from the A205m, which breaks the $1000 price barrier for Windows Powered NAS servers, to Iomega’s P850m NAS server, which offers 1.44TB of usable capacity; dual CPUs; hot-swappable drives, fans, and power supplies; RAID 5 and RAID 5+ hot spare; dual Gigabit Ethernet with TCP offload engine; and Ultra 160 SCSI for external backup. Iomega NAS servers deliver breakthrough pricing and performance for small and medium-sized companies and enterprise workgroups, and include Iomega Automatic Backup software, PC Magazine’s Editor’s Choice for real-time client backup.

About Dictaphone Corporation's Communications Recording Systems (CRS™) Group
A division of Dictaphone Corporation, the Communications Recording Systems (CRS) group is a leading provider of communications recording and quality management systems for contact centers, financial services, and public safety environments, with over 18,000 installed customers worldwide. CRS solutions are used to record and manage multimedia communications, and its software applications help to increase the efficiency and effectiveness of the workforce. Dictaphone Corporation, with headquarters in Stratford, CT, has over a century of experience in voice and data technologies and is a leading provider of speech recognition and natural language processing solutions. For more information on Dictaphone Corporation, please visit http://www.dictaphone.com.

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, Iomega HDD Desktop Hard Drives, the Iomega Mini USB Drive, Iomega external CD-RW drives, DVD drives and the Iomega Floppy USB-Powered Drive. Iomega simplifies data protection and sharing at home and in the workplace with Iomega Automatic Backup software, Iomega Sync software, HotBurn® CD-recording software, and Active Disk™ technology. For networks, Iomega® NAS servers offer capacities of 160GB to 1.4TB. For unlimited capacity and anytime, anywhere access, Iomega offers iStorage™ the secure online storage choice. Iomega also offers businesses and consumers a comprehensive data recovery services solution for recovering lost data due to hardware failure, file corruption or media damage. The Company can be reached at 1-888-4-IOMEGA (888-446-6342), or on the Web at www.iomega.com.

NOTE: The statements contained in this release regarding development, production and distribution of the Iomega products, 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 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, 2002, and its most recent Quarterly Report on Form 10-Q.

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Copyright© 2003 Iomega Corporation. All rights reserved. Iomega, Zip, Active Disk, iStorage, and HotBurn are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Microsoft and Windows are registered trademarks of Microsoft 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.