Happy 20th Birthday Iomega; April 2000 Commemorates the Beginning of Iomega Corporation.Business Editors/High-Tech Writers ROY, Utah--(BUSINESS WIRE)--April 13, 2000 One of the early darlings of the information age, 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 leader in smart, portable storage solutions, turns 20 years old this month - a true milestone, especially for a high technology company. Iomega plans to commemorate this occasion with events throughout the year, including honoring the milestone at Iomega's annual shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. on April 19. "We're proud to be a technology company that has been in business for two decades," said Bruce Albertson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Iomega Corporation. "With technology always changing and expanding, Iomega continues today as a leader in the protection of valuable digital content. We're excited about opportunities this year to share this remarkable milestone with all of our stakeholders." Iomega, recognized around the world as the maker of the popular Zip(R) drive, came out with its first product, the Bernoulli Box An early removable disk drive from Iomega. Introduced in 1983 with 10MB cartridges containing an 8" floppy platter, the Bernoulli provided an extremely reliable, removable and high capacity (for the time) storage medium for early personal computers. In the late 1980s, 5. in September 1982. The Zip drive See Zip disk. (hardware, storage) Zip Drive - A disk drive from Iomega Corporation which takes removable 100 megabyte hard disks. Both internal and external drives are manufactured, making the drive suitable for backup, mass storage or for moving files between computers. , which was immediately met with great reviews and enthusiasm, was introduced to the public in 1995. Since that time, more than 200 million Zip disks and 35 million Zip drives have shipped worldwide. Iomega has also introduced numerous other products during the past 20 years, including the Jaz(R) drive, a 1GB or 2GB removable storage solution; the Clik!(TM) PC Card drive, a credit card-sized drive that fits into the PC Card slots of most notebook computers; and the ZipCD(TM) 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. drive, a CD-ReWritable drive for archiving and recording original audio, digital photography and other valuable content. Iomega also has many accessories and software solutions that are compatible with each product line. These products can be found at retailers, distributors and catalogs worldwide and are also available directly from Iomega at www.iomegadirect.com. "Today, Iomega not only protects and stores common word and text files, but also broader material, such as audio, video and photographic content as well," said Albertson. "We believe Iomega's drives and disks are well-positioned to become, among other things, the consumer's photo album of the new millennium." Iomega will announce first quarter earnings today after the close of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . 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 and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-800-MY-STUFF (800-697-8833), or on the Web at http://www.iomega.com. Copyright(c)2000 Iomega Corporation. Iomega, Zip, Jaz, Clik! and ZipCD are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners. |
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