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Iomega Announces High-Capacity Mobile Storage For Windows® and Mac® OS X Users

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

Analyst/Investors, please contact:
Preston Romm, Iomega Corporation, (858) 314-7188

For Immediate Release

Iomega Announces High-Capacity Mobile Storage For Windows® and Mac® OS X Users
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Iomega Dual-Interface Portable Hard Drives are the Travel Companions For Today's Mobile Workforce

SAN DIEGO, August 21, 2006 - Iomega Corporation (NYSE: IOM), a global leader in data storage and protection, today announced the worldwide availability of two high-capacity portable hard drives that deliver the proven benefits of host-powered operation and Drop Shock™ technology: the Iomega® Portable Hard Drive 120GB Hi-Speed USB 2.0/FireWire® drive, and the Iomega Portable Hard Drive 80GB Hi-Speed USB 2.0/FireWire drive.

Both drives feature a sleek metallic industrial design that's fashionably thin at just 0.5 inches (12.7 mm), weighs less than 6 ounces, and fits easily into a shirt pocket. Both come with industry-leading EMC® Retrospect™ Express backup and disaster recovery software. For improved data security, both drives use Iomega's durable Drop Shock technology to help protect the drive and data from damage due to unexpected shocks. In addition, for the ultimate in portability, both drives also feature USB-powered operation, which eliminates the need to carry a separate external power supply. Just plug the Iomega Portable Hard Drive into the USB or FireWire port and use it like any other external drive.

"The key to success in mobile computing is to travel light and protect the data you need to use when you're on the go," said Ashley Domis, global product manager for HDD solutions, Iomega Corporation. "Iomega's new high-capacity dual interface Portable Hard Drive is fast, rugged, fits in a shirt pocket or laptop bag, delivers plenty of capacity for files, photos and music, and backs up important files in the background, automatically, with Retrospect Express, so your backup is always ready even if you aren't."

EMC Retrospect® Express software delivers automated, reliable, cost-effective protection for Windows® and Mac® users. Its award-winning design makes it easy to set up and manage highly efficient backups on any PC, greatly simplifying disaster recovery. Users can back up open files, verify backup integrity during the backup, have scheduled backups proceed even without logging in, and recover individual files or a complete system to any point in time.

The new Iomega dual interface Portable Hard Drive (both capacities) utilizes a 2.5-inch hard drive that delivers fast 5400 RPM performance. Each drive comes complete with FireWire 400 (1394a) and USB 2.0 cables, a quick start guide and the Iomega Solutions CD.

Operating System Compatibility
Iomega's new drives are compatible with Windows 2000 Professional/XP Home/XP Professional and with Mac OS X 10.1 or higher.

Price and Availability
The Iomega® Portable Hard Drive 120GB Hi-Speed USB 2.0/FireWire is available now for $219.95; the Iomega Portable Hard Drive 80GB Hi-Speed USB 2.0/FireWire is available now for $169.95 (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 Iomega® REV® platform: the new Iomega REV 70GB Backup Drive, available in USB 2.0 and ATAPI computer interface models for server implementations; Iomega REV™ 35GB Drive, available in multiple interfaces, as well as the REV 1000 Autoloader and new REV Loader 280; Zip® 100MB, 250MB and 750MB Drives; the new Iomega StorCenter™ Network Hard Drives, high-performance Iomega® External Hard Drives including the Iomega Micro Mini Hard Drive, the Iomega StorCenter™ Network Hard Drive, the Iomega 1TB Desktop Hard Drive XL Series, the Iomega MiniMax USB 2.0/FireWire Desktop Hard Drive and the Iomega ScreenPlay™ Multimedia Drive; 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 1-888-516-8467, or on the Web at www.iomega.com. Resellers can visit Iomega at www.iomega.com/ipartner.

NOTE:  The statements contained in this release regarding development, production, performance, and distribution of the Iomega® Portable Hard Drive 120GB Hi-Speed USB 2.0/FireWire®, and the Iomega® Portable Hard Drive 80GB Hi-Speed USB 2.0/FireWire drive, anticipated product pricing and availability, future applications for the new 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 products, 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, 2005, and its most recent Quarterly Report on Form 10-Q.

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

Copyright© 2006 Iomega Corporation. All rights reserved. Iomega, Zip, REV, Micro Mini, iStorage, HotBurn, Drop Shock, and StorCenter are either registered trademarks or trademarks of Iomega 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.