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

For Immediate Release

Iomega Corporation Opens New International Procurement Office In Taiwan

SAN DIEGO, September 23, 2003 - Iomega Corporation (NYSE: IOM), a global leader in data storage, announced today the opening of a new International Procurement Office (IPO) in Taipei, Taiwan.

“Iomega is reinforcing its ties with suppliers and channel partners in the Asia-Pacific region,” said Sean Burke, vice president and general manager, mobile and desktop solutions, Iomega Corporation. “Our new IPO organization will allow us to be better connected to Asia’s high-tech leaders and coordinate with them on emerging product trends. Our goal is to bring the newest portable storage products to market in a timely and efficient process.”

The Taiwan location of Iomega’s new IPO organization puts Iomega near many of its key suppliers, enabling closer coordination, improved efficiency and reduced time to market. The new office also reflects Iomega’s continuing commitment to growth in product lines such as external hard drives, flash memory drives, CD-RW Drives, DVD burners and network attached storage (NAS) servers, which are sourced through original equipment manufacturers. Key Iomega suppliers in the Taiwan area include LiteOn, BTC, DoTop, Argosy, LGE, Hitachi Global Storage Technologies, Venture Manufacturing and Wistron.

“Iomega is entering a new chapter in its proud history as a storage innovator, with great products in development for the balance of 2003 and 2004,” Burke said. “We intend to build on Iomega’s long-standing relationships in the Asia-Pacific region, and the International Procurement Office is a natural next step to bring us closer to our partners.”

The Iomega IPO organization will report to Michael Johnson, general manager of branded products for Iomega Corporation and a member of the U.S. management team.

About Iomega
Iomega Corporation provides easy-to-use, high value storage solutions to help people protect, secure, capture and share their valuable 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, Iomega Mini USB Drives, 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™ secure online storage. 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 Iomega products, Iomega’s business relationships, anticipated product pricing and availability, expected product performance and specifications, future applications for 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 or channel partners, 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. Certain other product names, brand names and company names may be trademarks or designations of their respective owners. Any use of the word partner is not intended to reflect or establish any legal relationship between Iomega and any other entity.