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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 Corporation Appoints
Thomas Liguori
As Chief Financial Officer
SAN DIEGO,
February 22, 2005- Iomega Corporation (NYSE:
IOM), a global leader in data storage solutions, appointed
Thomas Liguori as its vice president, finance, and chief
financial officer, effective February 21, 2005.
Liguori is a veteran financial executive with over
20 years of financial, accounting and management experience,
most recently as chief financial officer at Channell
Commercial Corporation, a global enterprise that designs,
manufactures and distributes equipment and components
for the telecommunications industry.
“I am very pleased to be announcing
the addition of Thomas Liguori as Iomega’s new
chief financial officer,” said Werner Heid, president
and CEO, Iomega Corporation. “Thomas has a strong
background in the leadership of finance organizations
for global businesses. We looked at several excellent
candidates for our CFO position but Thomas’ solid
international and high-tech experience, his prior public
company experience and his outstanding reputation will
be an asset as we build the future of Iomega. I also
want to thank Tom Kampfer, Iomega’s general counsel
and executive vice president in charge of professional
products, for his outstanding work as interim chief
financial officer.”
Liguori’s career includes extensive financial
experience domestically and internationally in a variety
of industries. At Channell, Liguori was responsible
for all aspects of the corporate finance function for
domestic and international operations, including strategic
planning, financial/SEC reporting, investor relations,
treasury, tax, information technology, legal affairs,
and mergers and acquisitions. Prior to his five years
with Channell, Liguori was with Dole Food Company, where
he last served as vice president of finance and as chief
financial officer of Dole Europe in Paris, France. From
1980 to 1996, Liguori held various financial managerial
and executive positions with Teledyne, Inc., Deloitte
& Touche and Honeywell.
“I am very pleased to be joining Iomega,”
said Liguori. “Iomega has tremendous opportunities
to take advantage of the expanding data storage market
with its globally recognized brand, many new products
and focused organization. I am looking forward to working
with Werner and the rest of his team to achieve the
goal of growing Iomega as a premier provider of easy
to use data storage solutions for consumers and small
and medium-sized businesses.”
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® 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
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.
# # #
Copyright© 2005 Iomega Corporation. All rights
reserved. Iomega, Zip, REV, Active Disk, iStorage, Micro
Mini, 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. |