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

Iomega Now Shipping New StorCenter™ Network Hard Drive: The Multimedia Hub for Protecting, Sharing and Experiencing Digital Content In Today's Home Networks and Small Business Networks
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Built-In Network Media Server and Gigabit Ethernet Speed Raise the Bar for Easy, Centralized Storage for Consumers and Small Businesses

SAN DIEGO, November 09, 2005- Iomega Corporation (NYSE: IOM), a global leader in data storage celebrating 25 years of business in 2005, today announced it is now shipping the fastest, most complete solution for storing, enhancing, experiencing and sharing all kinds of digital content on a home or small business network: the new Iomega® StorCenter™ Network Hard Drive with built-in UPnP (Universal Plug and Play) A/V network media server. Marking a new era of centralized storage that's flexible, scalable and easy to manage, the Iomega StorCenter Network Hard Drive is shipping in capacities of up to 250 gigabytes (GB)*, with a one terabyte (TB) model expected early next year.

"Although computer users have been working with digital content for years, today they need more reliable and accessible ways to store their photos, music, and video content," said Lee Williams, Vice President, Consumer Product Generation, Iomega Corporation. "The new Iomega StorCenter Network Hard Drive takes the next logical step and makes storing, experiencing and sharing most forms of digital content simpler and easier than ever, creating a true media hub for today's digital home and small business, and without always requiring the use of a PC."

Supreme Speed, Effortless Automation
Designed for easy installation, Iomega's StorCenter Network Hard Drive transforms the network experience for home and small office users by supporting Windows®, Mac® OS X, and Linux® computer clients at Gigabit Ethernet (10/100/1,000 Mbps) transfer rates. Its automated Discovery Tool wizard provides for an easy and secure setup with password-protected network storage for up to 25 users, all without the cost and complexity of a server.

With its built-in network media server, the StorCenter Network Hard Drive lets home users stream their movies, music and slide shows directly to home audio systems and televisions in the house via an attached UPnP-compliant digital media adapter (sold separately) without the need of a PC. And with Iomega Automatic Backup Pro (IAB Pro) software, Windows® users gain automatic backup services that run seamlessly in the background, keeping critical data protected 24 hours a day.

The Safety of Centralized, Expandable Data Storage
The StorCenter Network Hard Drive instantly adds up to 1TB of storage space to a network so critical business tasks like secure file backup are easier to manage. The StorCenter Network Hard Drive's two USB 2.0 ports not only enable future expansion, but also support external USB hubs, allowing users to attach up to four additional USB 2.0 storage devices and two USB 2.0 printers simultaneously to a single StorCenter drive.

By providing the flexibility to add storage as digital content requirements grow, the Iomega StorCenter Network Hard Drive becomes the expandable network storage hub-giving users the freedom to store years of digital photos, entire digital libraries of movies and music, in addition to work-related data files and complete system images of their connected PCs, all instantly accessible and password-protected from unauthorized access.

"Feature for feature, we think the new Iomega StorCenter Network Hard Drive is one of the best products in the home network storage market," said Williams. "Iomega's StorCenter Network Hard Drive is uniquely powerful, and it's one of the few network drives with media server capabilities."

The Iomega StorCenter Network Hard Drive also meets the rapidly growing need for network storage in the digital home. There are an estimated 18 million networked homes in the U.S. today (2005 Parks Associates - Analysis & Forecast), a number that's expected to grow to 50 million digital homes in the U.S. by the year 2010 (The Diffusion Group - 2004 Research).

Hardware Features
The Iomega StorCenter Network Hard Drive is a UPnP-compliant device that installs easily into any Ethernet-based network and operates independently of a host PC. The 160GB and 250GB StorCenter models include the built-in Freescale™ PowerQUICC™ II MPC8241 processor, which provides more than enough power to support streaming files directly to PCs and network-attached entertainment devices with the StorCenter's UPnP media server capability (entertainment devices may require a UPnP-compliant digital media adapter, sold separately).

Features include a Gigabit Ethernet network connection for fast network transfer rates and two USB 2.0 (Hi-Speed USB) ports for future expandability. Both 160GB and 250GB models use a 7200-RPM drive; the 250GB model comes with an 8MB cache.

Usability features include password-protected user accounts and assignable user-directory quotas. All models include print server capability with USB-attached printers, and both USB 2.0 ports support USB hubs for further expansion.

Included Software
The Iomega StorCenter Network Hard Drive ships with Iomega Automatic Backup Pro (IAB Pro) software, providing users with a complete client backup solution. IAB Pro software offers the choice of continuous real-time backup or easy configuration of scheduled backups if preferred. Users can back up multiple file revisions, maintain security with password protection and AES file encryption, and make each storage dollar go farther with up to 2.6:1 file compression** on typical uncompressed office documents.

Price and Availability
The Iomega® StorCenter™ 160GB Network Hard Drive is now available for $199.99; the Iomega® StorCenter™ 250GB Network Hard Drive, for $289.99 (all prices are U.S. suggested retail). Both products are available at major U.S. retailers, distributors and online stores, including www.Iomega.com. Iomega plans to introduce a 1TB StorCenter early next year.

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™ 35GB Drive, available in multiple interfaces, as well as the 10-cartridge, one-drive REV 1000 Autoloader; 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.

NOTE: The statements contained in this release regarding development, production and distribution of the Iomega® StorCenter™ Network Hard Drive or future products such as the 1 TB StorCenter product, anticipated product pricing and availability, expected product performance and specifications, future applications or future benefits for the StorCenter 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, 2004, and its most recent Quarterly Report on Form 10-Q.

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* 1GB = 1,000,000,000 bytes

** 2.6:1 data compression assumes the use of "high" compression on Iomega Automatic Backup Pro software with highly compressible files such as typical office spreadsheets and documents. Capacity may vary and is data and software dependent.

Copyright© Iomega Corporation. All rights reserved. Iomega, StorCenter, Zip, REV, Active Disk, Micro Mini, iStorage, HotBurn, QuikTouch, Mixx, and ScreenPlay are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Microsoft and Windows are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.