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

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

For Immediate Release

Iomega NAS 100d Now Shipping For Home Offices, Small Businesses

SAN DIEGO, September 16, 2004 - Iomega Corporation (NYSE: IOM), a global leader in data storage, today announced the release of the new Iomega® NAS 100d entry-level network-attached storage (NAS) server. Available this month in 160GB* and 250GB capacities, Iomega's NAS 100d servers feature wireless network capabilities and offer flexible, easily expandable network storage for small business and home office networks.

"Today, everyone, no matter how small the business, wrestles with the problem of securing critical data," said Wayne Arvidson, director, professional storage solutions, Iomega Corporation. "With the new NAS 100d server, Iomega is not only introducing an easy-to-manage and reliable network storage device designed for a small budget, we're also giving users the flexibility of built-in wireless access and archiving capability."

NAS servers act as storage appliances on a computer network, giving Windows®, Mac®, UNIX and Linux PCs a storage and backup location as well as simplifying file sharing, backup, and recovery in mixed computing environments. The NAS 100d server has the added convenience of wireless 802.11b/g networking capability for even greater flexibility in small networks.

Wireless
Built-in wireless 802.11g support, backwards compatible with 802.11b, allows for wireless network traffic between a network and the NAS 100d server at up to 54 megabits per second. All wireless connections can be secured using the WEP (Wired Equivalent Privacy) protocol for robust protection against unauthorized access. Wireless capability can be configured in one of two ways as needed:

• As a wireless access point for other wireless PCs. In this configuration, the NAS 100d server uses its standard 10/100 Fast Ethernet port to connect to the network and provides users with a wireless "hot spot."

• As a wireless node on an existing Wi-Fi network. This option eliminates the network cables and provides ultimate flexibility as to placement of the NAS 100d server. In this configuration, the NAS 100d server uses its Wi-Fi interface to connect to the network.

Expandable
Designed as a complete "network storage in a box" solution, the Iomega NAS 100d has dual USB 2.0 (Hi-Speed USB) ports for expandability, letting users connect additional external USB 2.0 hard drives for additional storage capacity needs. Iomega also plans to add Iomega REV™ drive support in late 2004, giving NAS 100d users access to the latest in high-performance removable storage for archiving data.

Easy To Install
Iomega's NAS 100d server is a universal plug-and-play device, so setup is fast and painless. Just connect the server to an available port on a router, switch or hub. Then use a Web browser to log in and configure the device. After configuration, the NAS 100d server is instantly available to all users on that network, with no need to run a separate setup tool on each client PC.

Iomega Automatic Backup
Each NAS 100d server includes award-winning Iomega Automatic Backup software, a complete client backup solution that supports multiple networked PCs. Iomega Automatic Backup software installs in minutes and makes the process of backing up completely automatic.

Users can set Iomega Automatic Backup software to do backups without user input. They simply select the files and folders they want protected, and the software takes care of the rest, without depending on the user to push a backup button or run a backup program. Restoring a file from the Iomega NAS 100d server is just as easy - just drag and drop.

Designed for Ordinary Users
The Iomega NAS 100d server is designed inside and out for simpler network storage. The compact desktop package operates at a quiet 42.1dB, or less than the sound level of a typical desktop PC (48dB). Users can install, configure and manage it without wading through confusing and complicated operating procedures. It is compatible with Windows, UNIX, Linux and Mac OS X environments, and it can deliver instant access to shared storage via a wireless or standard Ethernet network. Altogether, the NAS 100d server provides a complete "network storage in a box" solution for small office/home office users, branch offices, and workgroups.

Warranty and Support
Iomega NAS 100d customers receive a two-year warranty and extended-hours telephone support from Iomega's award-winning customer satisfaction representatives. Extended warranty coverage (available at extra cost, registration required) adds a third year of warranty support, 24x7 telephone and email support, and next-day shipping on advance exchange replacement parts.

Price and Availability
The Iomega NAS 100d server is available in two capacities: the NAS 100d 160GB server, for $499, which will begin shipping September 20; and the NAS 100d 250GB server, for $599, which is expected to begin shipping later this month. Extended warranty coverage is also available for $179 (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 Iomega REV™ Drive, popular Zip® 100MB, 250MB and 750MB Drives; high-performance Iomega® HDD 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 QuikTouch™ Video Burner; and Iomega Floppy USB-Powered Drives. 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 100d series 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 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, any losses of key personnel, 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.

# # #

* 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.