CyberKey Announces Active Disk Licensing Agreement with Iomega Corp

Business Wire, March 24, 2003

Business Editors/High-Tech Writers

ST. GEORGE, Utah--(BUSINESS WIRE)--March 24, 2003

Agreement Allows CyberKey Users to Download and Run Active Disk Powered Compatible Applications from Any CyberKey Device Attached to a

USB-Enabled Personal Computer or Electronics Device

CyberKey(TM) (Pink Sheets: CYKY) today announced it has entered into a licensing agreement and a software developer agreement with Iomega Corp. (NYSE: IOM) for its Active Disk(TM) technology.

Under terms of the agreement, CyberKey users will be able to download Active Disk Powered compatible applications off the Internet to a CyberKey USB drive, allowing individuals to use such applications and related data files on any Universal Serial Bus-enabled personal computer or electronics device. The agreement also allows CyberKey to forge separate agreements with software developers to provide Active Disk Powered compatible applications to CyberKey users.

"Iomega has developed some pretty cool technology with Active Disk; technology that allows CyberKey's on-the-go users to take their applications and data with them anywhere around the world," said Jim Plant, CyberKey president and chief executive officer. "This Active Disk licensing agreement with Iomega is just CyberKey's first step in delivering complete solutions to the world, not just another form of portable storage technology."

CyberKey's USB drives allow users to easily transport large amounts of electronic data and software applications from one computing device to another as long as the devices come equipped with a USB port, which is a standard feature in virtually all personal computers shipped today. CyberKeys are "plug and play" devices capable of running on most popular operating systems without device drivers, including Macintosh, Linux and Windows (after Windows98). A device roughly the size of an adult's "pinky" finger, CyberKeys can store up to 1 Gigabyte (1GB) of electronic data per device.

"This agreement gives CyberKey users access to more than 100 Active Disk Powered software applications, titles that allow individuals the ability to transport their software and data anywhere they go," said Tim Dammon, product general manager, Iomega Corp. "Active Disk is another award-winning technology from Iomega, and we're pleased to have this licensing relationship with CyberKey for our Active Disk technology."

Active Disk-enabled software titles are available for download by CyberKey users at http://www.iomega-activedisk.com/servlet/moonshine/ goto?page_url=/titles/title_list.jsp.

Iomega's Active Disk technology enables software to live entirely on an Iomega Zip disk or Iomega Mini USB drive for total application portability and convenience. Active-Disk powered applications launch automatically, require no separate installation and leave no trace on the host PC. (The Active Disk driver is a one-time install on the host computer). The growing list of Active Disk software titles at www.iomega.com is helping users migrate their systems to Windows XP, track passwords, manage files, play games, do their online banking and much more. More than 100 Active Disk titles are currently available for download, including Microsoft(R) Reader, Microsoft(R) PowerPoint Viewer, MusicMatch(R) Jukebox and PopCap Bejeweled.

About CyberKey

Based in St. George, CyberKey Corp. partners with industry leaders to market USB drive solutions to vertical markets, such as the automotive, education, entertainment, finance and medical arenas. CyberKey technologies allow users to easily and securely transport and utilize large amounts of electronic data and the attendant software applications from one electronic device to another by utilizing Universal Serial Bus (USB) drives, addressing serious issues of data portability and accessibility in the process while creating new market opportunities at the same time. For more information, visit CyberKey's Web site at www.cyberkeycorp.com.

About Iomega

Iomega Corp. provides easy-to-use, high-value storage solutions to help people protect, secure, capture and share their digital valuables. Iomega's award-winning storage products include the popular Zip(R) 100MB, 250MB and 750MB drives, high-performance Iomega(R) HDD Portable Hard Drives that feature capacities from 20GB to 60GB, Iomega(R) HDD Desktop Hard Drives that offer capacities from 40GB to 120GB, the new Iomega(R) Mini USB Drive and Iomega(R) external CD-RW drives. Iomega simplifies data protection and sharing at home and in the workplace with Iomega(R) Automatic Backup software, Iomega(R) Sync software, HotBurn(R) CD-recording software and Active Disk(TM) technology. For networks, Iomega(R) NAS servers offer capacities of 120GB to 720GB. 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 888/4-IOMEGA (888/446-6342), or on the Web at www.iomega.com.

CyberKey is a trademark of CyberKey Corp. Iomega and Active Disk are either registered trademarks or trademarks of Iomega Corp. in the United States and/or other countries.