ASBIS Announces New Manufacturer – Iomega

January 30, 2003 – Iomega International SA, the European headquarters of Iomega Corporation (NYSE: IOM), a global leader in reliable portable data storage, today announced changes in its distribution network as a result of a partnership agreement with ASBISс Enterprises Limited (ASBIS).

The agreement, signed by representatives of the companies on December 13, 2002, envisages Iomega products being supplied to Russia, CIS, and Eastern Europe. With a history of development and production of digital data storage and transfer devices spanning more than 20 years, Iomega is currently looking to expand its business in these regions.

Our primary requirements when looking to appoint a new distributor were strong market position and a well-developed partner network. ASBIS serves over 6,000 customers, which, combined with its extensive knowledge of local markets and strong international team, enabled the company to get the status of an Iomega partner”, said Simon Chamberlain, sales director, focused markets, Iomega International S.A. “We pin great hopes on ASBIS, which has an efficient distribution network and extensive distribution expertise based on one-stop-shop strategy. The agreement with ASBIS will help Iomega strengthen its positions not only in Russia but also in CIS and Eastern Europe,” added Mr. Chamberlain.

ASBIS is one of the most dynamic companies of the Central European region. The company has distributed computer components including data storage from other major vendors for over 10 years. As an Iomega partner, the company intends to expand its offering of external and internal drives to provide value for Iomega product portfolio dealers.

Mark Hayes, Vice President for marketing, ASBIS, said, “There is good demand for Iomega products within the external drive market which is showing high growth rates. Taking into account the reputation of the Iomega brand as well as the significant ‘installed’ user base, we decided to enlarge our vendor list and broaden our storage offering.

About Iomega

Iomega International SA is a Swiss subsidiary of Iomega Corporation that 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® 100MB and Zip 250MB drives and the new Zip 750MB drive, as well as high-performance Iomega HDD portable hard drives that feature capacities from 20GB to 40GB, Iomega® HDD external hard drives that will offer capacities from 80GB to 120GB, and Iomega external CD-RW drives. Iomega Automatic Backup software, Iomega Sync™ software, and HotBurn™ CD-recording software simplify data protection and sharing at home and in the workplace. For networks, the new line of Iomega NAS servers offers capacities of 480GB to 720GB. The Company can be reached on the Web at http://www.iomega.com.

About ASBIS