IOMEGA DEVELOPING NEW REMOVABLE DRIVE FOR POWER USERS

ROY, Utah, May 15, 1995 -- Iomega Corporation (NASDAQ:IOMG) today announced
it has shipped test units of a new removable disk drive directly targeted
at providing high-capacity, high-performance, value-priced storage for
"power" computer users.

The drive addresses the high-performance needs of the power computer market
such as video/audio producers, electronic publishers, CAD/CAM, graphics
users, multimedia users, desktop publishing, medical imaging, and Fortune
1000 business users.

The company said details about the new drive, still under development, will
be released later in the year and expects shipment of the drive to begin
before the end of 1995.

Earlier this year Iomega addressed the needs of the consumer home and SOHO
markets when it began shipping its Zip drive -an easy-to-use external
drive that bundles useful Zip tools software for file management, sells
for less than $200 and uses 100-megabyte removable Zip disks that sell for
less than $20 each. The Zip drive has been widely acclaimed by press,
industry analysts, retailers and customers and has become one of the
fastest selling new products in several computer retail chains.

The company remains cautious about second quarter earnings due to the
on-going cost of development and introduction of new products.

Iomega Corporation provides personal computer information storage solutions
that help people manage their computer information -- anywhere. These
solutions include the Bernoulli line of removable drives and disks, Ditto
tape backup drives and tape cartridges, and Zip drives and disks. Iomega
provides storage solutions for the small office/home office, large
business, government and education markets and are available through
computer retail stores, resellers, and major distributors. Iomega had
revenues of $141 million in 1994.

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