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

For Immediate Release

New IomegaŽ Super DVD Writer Drive Earns "Best of CeBIT America Award"
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Iomega Super DVD Drive Product News and Updates Available By Registering Online

SAN DIEGO, July 1, 2003 - Iomega Corporation (NYSE: IOM), a global leader in data storage, announced today that consumers can register online for automatic product updates and availability of the new Iomega Super DVD Writer Drive, which received the “Best of CeBIT America Award” for personal hardware at the CeBIT America technology trade show held last month in New York City.

“The Iomega Super DVD Drive supports all the major DVD and CD formats, which settles a lot of confusing questions for consumers trying to figure out which DVD format is right for them,” said Susan Huberman, vice president of corporate marketing, Iomega Corporation. “Iomega is honored to receive the Best of CeBIT America Award and we’re looking forward to an equally enthusiastic reception when the Iomega Super DVD Drive becomes available in August.”

Consumers interested in more information on the Iomega Super DVD Drive can register online at http://www.iomega.com/dvd for product updates, including automatic notification of product availability.

Bundled Software for Complete Solution
The Iomega® Super DVD Drive will ship with a suite of complementary software, including the award-winning Iomega Automatic Backup software, Iomega HotBurn® Pro software for CD creation, Sonic MyDVD® video-editing software, Sonic CinePlayer™ software for the highest quality video playback, MusicMatch® Jukebox music management software and Adobe® ActiveShare® photo management software. For unparalleled ease of use, Iomega has created a DVD wizard specifically for the Super DVD Drive. The user selects a task they want to perform and the DVD wizard suggests the software and media to use. With seven media formats and six software applications, the DVD wizard is a great application for helping the user create DVDs and CDs.

Iomega Super DVD Drive Pricing and Availability
The Iomega® Super DVD Internal Drive is expected to ship in the U.S. for availability in August and in Canada, Latin America, Europe, and Asia for availability in September. Suggested retail pricing is $329.95 (U.S. pricing) at select retail stores and at www.iomega.com. An external version of the Iomega Super DVD Drive is expected to ship in the U.S. in September. For more information about the Iomega Super DVD Drive, please go to the Web at http://www.iomega.com/dvd.

About Iomega
Iomega Corporation provides easy-to-use, high value storage solutions to help people protect, secure, capture and share their digital information. 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, Iomega® 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 products 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, iStorage and HotBurn are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Sonic, MyDVD and CinePlayer are either registered trademarks or trademarks of Sonic Solutions. Adobe and ActiveShare are registered trademarks of Adobe Systems Incorporated 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.