Iomega unveils digital audio strategy

Business Wire, Nov 16, 1999

"Iomega continues to develop initiatives on the digital audio front, and expects to make similar partnership and new product announcements throughout 2000," added Henry.

About Iomega

Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip(R), Jaz(R) and Clik!(TM) drives and disks and markets the ZipCD(TM) CD-RW drives and discs that help people to organize, manage, create, exchange and share their important information. Used in homes, businesses, government, education and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-800-MY-STUFF (800-697-8833), or on the Web at http://www.iomega.com.

Special note: Statements contained in this release relating to Iomega's digital audio strategy, Iomega's support for the Microsoft Windows Media Device Manager and the Secure Digital Music Initiative, Iomega's positioning as the removable storage vendor of choice for Digital Signal Processing enabled music devices, Iomega's continued development in the digital audio front and any potential partners and new products, and the expected availability and functionality of the Addonics branded, OptoMedia branded, Varo Vision branded and Sensory Science branded Clik!(TM) MP3 players are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those indicted by such forward-looking statements, including execution of a binding agreement between Iomega and Addonics, Iomega and OptoMedia, Iomega and Varo Vision and Iomega and Sensory Science, market acceptance of, and demand for, the Addonics branded, OtpoMedia branded, Varo Vision branded, and Sensory Science branded Clik! MP3 players, manufacturing issues, including component availability and pricing, encountered by Iomega, Addonics, OptoMedia, Varo Vision and Sensory Science, development and distribution issues relating to the Addonics branded, OME branded, Varo Vision branded and Sensory Science branded Clik! MP3 players, product pricing and conformity to specifications, competition, intellectual property rights and other risks as identified in Iomega's Annual Report to Stockholders for 1998 on Form 10-K, filed March 26, 1999, and its most recent quarterly reports filed with the SEC.

Copyright (c) 1999 Iomega Corporation. The following trademarks of Iomega Corporation are registered in the U.S. Patent and Trademark Office and in other countries: Iomega, Zip and Jaz. Some other marks which may be registered in some countries are: Zip 100, Zip 250, Clik! and ZipCD. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.