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

Iomega Selects Quantum® Storage Solutions Group as Tape Automation Provider
For New Iomega® NAS Backup Solutions

SAN DIEGO, August 11, 2003 — Iomega Corporation (NYSE: IOM), a global leader in data storage, today announced that Quantum Corporation (NYSE:DSS), a leading provider of data protection systems, has been selected to provide its tape autoloader products to Iomega for its new Iomega NAS Backup solutions - a series of complete backup, recovery, archive and data protection solutions for small and medium-sized businesses.

Quantum’s Storage Solutions Group, well known for providing a comprehensive line of industry leading tape automation products for small and medium-sized businesses, will be the source for tape-based archive and disaster recovery products that will be integrated into the new Iomega NAS Backup solutions, expected to ship later this month.

“Iomega’s new NAS Backup bundles provide VARs with turnkey solutions needed to solve the data continuity problems of today’s small and medium-sized businesses,” said Werner Heid, president and CEO, Iomega Corporation. “Integrating Iomega NAS servers with Iomega-branded tape autoloaders from Quantum delivers the best of all worlds: shorter backup and recovery windows made possible by the NAS server, and the unbeatable data security and archive advantages of industry-leading tape products. In effect, the end user backs up to NAS, and archives to tape.”

Larry Orecklin, president of Quantum’s Storage Solutions Group, said, “Quantum is pleased to be working with Iomega as the OEM supplier of tape autoloader hardware for Iomega’s NAS Backup bundles. Quantum has put much focus on delivering value and performance based autoloaders, and by working together, our companies are combining some of the best data protection attributes of disk-based NAS and tape automation that is easy for users to install and support.”

Iomega NAS Backup solutions will provide a robust and affordable data continuity solution. Each system will include a Windows® Powered Iomega NAS server with up to 1.28 TB of capacity (native), an Iomega tape autoloader with up to 6.4 TB of backup capacity (compressed), and Computer Associates BrightStor ARCserve 9.0 and eTrust AntiVirus 7.0. Bundled systems will be pre-tested and certified for interoperability by Iomega.

Key Benefits
The Iomega NAS Backup bundle reduces the time, cost, and complexity of recovering from a data disaster. It is compatible with existing network backup software because the NAS server manages the tape library or autoloader directly, sending data across the SCSI connection to reduce network traffic.

For resellers and their customers, the Iomega NAS Backup bundle also lowers the cost of a full featured data continuity solution and delivers real performance gains:

• High data rate: disk-to-disk performance reduces backup and recovery time
• Low network load: NAS server is backed up directly to the autoloader, minimizing network traffic.
• Simplicity: Tape management software manages backup, recovery and anti-virus protection for the entire bundle.

Pricing and Availability
Iomega NAS Backup bundles are scheduled to begin shipping later this month. Bundle pricing will include an Iomega NAS unit, an Iomega Tape autoloader, data continuity software, and a Windows agent for one remote server. Product specifics and pricing will be announced later this month.

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 DVD drives, Iomega external CD-RW 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 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, 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, and HotBurn are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Quantum is a registered trademark of Quantum Corporation in the United States and other countries. Microsoft and Windows are registered trademarks of Microsoft Corporation in the United States and other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.