GE-Zurich Warranty Management Signs Agreement With Iomega.Business Editors SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sept. 29, 2000 GE-Zurich Warranty Management, Inc. announced today that it has expanded its presence in the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and peripheral extended warranties The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. market by signing an agreement with Iomega Corporation (company, storage) Iomega Corporation - A storage device manufacturer whose major products are the Zip and Jaz removable disk drives and Ditto tape drives. They became popular with an early product called the Bernoulli Box. (NYSE NYSE See: New York Stock Exchange : IOM IOM See: Index and Option Market ), a global leader in data management solutions. Under the agreement, Iomega will offer its customers the opportunity to purchase GE-Zurich Warranty Management's extended service contracts on Zip(R), Jaz(R), PocketZip(TM) and CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast. drives. Iomega will make the extended warranty contracts available through their website (www.iomega.com) and call center (1-888-4-IOMEGA.) GE-Zurich Warranty Management began offering their extended warranties to Iomega customers on September 27, 2000. Thomas Santorelli, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of GE-Zurich Warranty Management, said, "We are pleased to partner with a leader such as Iomega to offer our products and services. Our partnership will enable us to deliver value to this important customer group in a seamless, efficient manner." "Our customers will be well served with the additional services offered under our agreement with GE-Zurich Warranty Management," said Bruce Albertson, President and Chief Executive Officer of Iomega Corporation. "GE-Zurich's warranty options, coupled with its great service, will be a strong complement to any Iomega data management solution package." About GE-Zurich Warranty Management, Inc. GE-Zurich Warranty Management, Inc. is a joint venture between GE and Zurich. GE-Zurich Warranty Management administers and markets service contracts and after-market warranties on home systems, major appliances A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting. , consumer electronics and personal computers for retailers, distributors and manufacturers. About Iomega Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip(R), Jaz(R) and PocketZip(TM) drives and disks and markets Iomega CD-RW drives and discs. Iomega's products help people to save, share, manage and create important information such as spreadsheets, slides, Internet downloads, audio files and personal photographs, while helping protect that content from viruses and hackers. Used in homes, businesses, government and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-888-4 IOMEGA (1-888-446-6342), or on the Web at http://www.iomega.com. |
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