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

Analyst/Investors, please contact:
Thomas Kampfer, Iomega Corporation, (858) 314-7188

For Immediate Release

Iomega Corporation Announces a Revolutionary Disk-to-Disk Autoloader for Network Backup for Small and Medium-Sized Businesses
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Iomega REV Technology Combines with CA's BrightStorŪ ARCserve Backup Software for Superior Backup and Disaster Recovery Solution

SAN DIEGO, October 12, 2004 - Iomega Corporation (NYSE: IOM), a global leader in data storage, today announced an evolution in disk-to-disk autoloaders: the Iomega® REV™ Autoloader 1000. Designed to replace SCSI-based tape autoloaders and other backup devices in small- and medium-sized business networks, Iomega's REV Autoloader 1000 delivers superior performance and reliability for network professionals at a lower cost.

REV Autoloader 1000 Features
The groundbreaking Iomega REV Autoloader 1000 is a 2U single-drive desktop device featuring 10-slots for a native capacity of 350GB* (700GB with 2:1 software compression), all managed with the bundled enterprise-strength BrightStor ARCserve Backup Standard Edition r11.1 plus Disaster Recovery Option software from CA.

The SCSI interface on the Iomega REV Autoloader 1000 allows the drive to connect to a server or a NAS (network-attached storage) device. Web-based configuration tools (via the optional remote management unit) and a front operator control panel give the user simple access to key settings, for configuring, controlling, monitoring, and updating the REV Autoloader.

Optional accessories include:

• Remote Management Unit - Web interface management tools for remote configuration and control;
• Bar code reader for expedited inventory management;
• 19" rack mount kit for optimum space utilization.

"Until now, autoloaders have always involved some compromises due to the limitations of the tape format," said Wayne Arvidson, director, professional storage solutions, Iomega Corporation. "Iomega's unique solution is to reinvent the autoloader, using the REV drive and inexpensive 35GB REV disks as the core technology. A REV-based autoloader accomplishes two highly desirable goals in a single stroke: it eliminates the frustrations associated with tape, and it reduces the backup window for more efficient management of the network."

In head-to-head tests, Iomega's REV drive can reduce the backup window--the time to complete typical backup tasks--by more than 80 percent compared to such tape formats as DDS-4.

REV Technology Benefits
Iomega's REV technology can transfer data at rates of up to 25MB/sec, outperforming more expensive tape alternatives like DDS-4, DAT-72, VXA®, AIT-1, and DLT VS80.

REV disks also eliminate other frustrations of tape, such as tape head cleaning, tape retensioning, and worn tape replacement. Moreover, since the REV drive does not require a cleaning disk, all ten slots in the REV Autoloader 1000 can be used for storage.

Whereas tape is a fragile, slow and expensive linear-access technology, the Iomega REV drive is a robust, high-performance device with random access capability, transforming the backup process and making system or file recovery tasks faster, easier and less costly in terms of both labor and network downtime.

Additionally, REV disks enjoy much higher rewriteability--estimated to be over one million rewrites--for cost savings versus tape when factoring in the replacement cost of worn-out tapes.

CA ARCserve Software
CA's BrightStor ARCserve Backup Standard Edition r11.1 and Disaster Recovery Option, which is bundled with the Iomega REV 1000 autoloader, supports automation, 2:1 compression, and disk spanning. Users can also retrieve individual files with point-and-click ease in a fraction of the time it takes with tape, providing a much-improved recovery experience.   In the event of a catastrophic system failure, the combination of the REV drive and BrightStor ARCserve Backup solutions will provide simple and rapid disaster recovery.

"As the volume of data continues to grow -and the requirement for shorter backup windows increases - customers will find the value proposition offered by Iomega's new REV autoloader 1000 very attractive," said David Luft, senior vice president of SMB/OEM product development at CA.  "CA's BrightStor ARCserve Backup technology is a key component of this overall value proposition. It streamlines and automates backup and recovery tasks to minimize ownership costs and helps ensure that customers realize the full benefits of this ground-breaking technology."

The REV Drive: Engineered for Reliability
In the REV drive design, sensitive components like the read/write heads and electronics are located in the REV drive for protection. The disk itself holds a hard drive platter and a quiet fluid-dynamic bearing motor, eliminating the spindle hole as a potential source of dust contamination. Patent-pending air filtration, together with shutters that seal off both drive and disk from outside air when the disk is inserted and ejected, contribute to a virtual "clean room" environment inside the removable REV disk.

These features, combined with Iomega's patent-pending advanced two-stage error correction and patent-pending automatic head cleaning, give REV storage products exceptional data integrity. And REV disks are engineered for a long shelf life, estimated to exceed 30 years.

Industry Support
Industry software support for the Iomega REV drive has been growing fast since its release in April 2004; already, eight major storage software vendors in the Windows, UNIX, and Linux communities support the REV drive, and Iomega continues to work with others to certify compatibility with their solutions.

REV Awards
Since its debut, the REV drive has won 14 industry awards worldwide, including "Best of CeBIT America" for personal hardware and a PC Magazine "5 Stars" rating and Editors' Choice award (June 22, 2004, issue).

Compatibility and Requirements
System Requirements for PC Users:

• 333 MHz Pentium® II minimum
• Available SCSI connection
• 128MB RAM
• CD-ROM drive
• 100MB hard drive space required to install software depending on applications and options selected (excludes temporary cache)
• Microsoft® Internet Explorer® 5.0 or higher or Netscape® Navigator® 6.1 or higher required to view User Manual and download Iomega software

Autoloader Drive Interface:

• Dual SCSI, LVD Ultra-3 wide SCSI, 68 pin HD Connector

Price and Availability
The Iomega® REV™ Autoloader 1000 is expected to be available during the fourth quarter through distributors and value-added resellers for $2,199. A three-year worldwide warranty is standard. Extended warranty support is available through Iomega's Gold Service Plan at $699 (all prices are U.S. suggested retail).

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 new 35GB Iomega REV™ Drive, popular Zip® 100MB, 250MB and 750MB drives, high-performance External Hard Drives in desktop and portable configurations, Iomega Mini USB Drives and Micro Mini™ USB Drives, Iomega external CD-RW drives, Iomega Super 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 1TB. 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 the Iomega REV Autoloader 1000 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, 2003, and its most recent Quarterly Report on Form 10-Q.

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* 1 GB = 1 billion bytes.

Copyright© 2004 Iomega Corporation. All rights reserved. Iomega, Zip, REV, Active Disk, Micro Mini, iStorage, HotBurn and QuikTouch 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.