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

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

For Immediate Release

Iomaga Announces Resignation of its Chief Financial Officer and Appointment of Interim Chief Financial Officer

SAN DIEGO, October 21, 2005 - Iomega Corporation (NYSE: IOM) today announced that Thomas Liguori has resigned from his position as chief financial officer, effective November 11, 2005. Mr. Liguori has, for personal reasons, decided to relocate out of the State of California, and has accepted a position with a company that does not compete with Iomega.

"I want to thank Tom for his contributions to Iomega and wish him the best of luck in his new position," said Werner T. Heid, president and CEO of Iomega Corporation. "It is important to note that Tom's resignation is not related to any disagreement with, or inaccuracy or omission in, the company's accounting systems or financial reporting."

Iomega also announced that Thomas D. Kampfer, currently executive vice president and secretary, has been named interim chief financial officer effective November 11, 2005. Mr. Kampfer joined Iomega in July 2001 as vice president, general counsel and secretary. He served as Iomega's general counsel from July 2001 to October 2005. In addition to his legal responsibilities, Mr. Kampfer has held a variety of other executive positions at Iomega, including interim chief financial officer, from June 2004 to February 2005; and executive vice president, business solutions from November 2004 to October 2005.

"I have high confidence in Tom Kampfer's ability to lead the finance team on an interim basis, as he has strong knowledge of Iomega's business, processes, systems, and all aspects of Iomega's financial reporting and corporate governance," said Werner Heid, Iomega's president and chief executive officer.

The Company has actively begun the process to recruit a new chief financial officer.

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;the new Iomega StorCenter™ Network Hard Drives, high-performance Iomega® External Hard Drives in desktop and portable configurations; Iomega Mini USB Drives, Micro Mini™ USB Drives,and the Iomega Mixx™ MP3 player; 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 StorCenter Pro NAS servers offer capacities of 160GB to 1.6TB. 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.

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Copyright© 2005 Iomega Corporation. All rights reserved. Iomega, Zip, REV, Active Disk, iStorage, Micro Mini, Mixx, StorCenter, QuikTouch 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.