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RAMTEK ISSUES WARRANT TO IOMEGA

 SUNNYVALE, Calif., July 2 /PRNewswire/ -- Ramtek Corp. (NASDAQ: RMTK) announced today that it has agreed to issue a warrant exercisable for up to one million shares of its common stock to Iomega Corp. (NASDAQ: IOMG) in connection with Iomega Corp.'s agreement to loan funds to Mass Microsystems Inc., Ramtek's wholly owned subsidiary. The number of shares for which the warrant shall be exercisable shall be dependent upon the outstanding principal of the loan from Iomega, as it exists from time to time. The warrant will have an exercise price of $0.84375 per share.
 Ramtek Corp., founded in 1971, and headquartered in Sunnyvale, designs, manufactures and markets high-performance mass storage systems for the peripheral segment of the micro, mini and mainframe computer industry through its subsidiaries MegaTape, and Mass Microsystems Inc. The company produces award-winning mass storage subsystems including RAID level disk arrays, high-performance subsystems, optical drives and removable media devices for the Apple Macintosh family worldwide and high performance tape back-up subsystems for the mini and mainframe computer markets.
 Iomega Corp., headquartered in Roy, Utah, develops, manufactures and sells high-performance removable mass storage for desktop, portable computers, and for workstations. Iomega's patented Bernoulli technology provides unlimited data storage capability by combining the removability and security of floppy drives with the high capacity and performance of rigid drives. Iomega's unique Tape250 minicartridge tape drives read both QIC80 and Irwin-formatted tapes. Iomega's new Floptical Drives are Iomega's unique second generation HOT technology. Iomega's stock is listed on the NASDAQ National Market System under the symbol IOMG.
 -0- 7/2/93
 /CONTACT: Carl F. Pompei of Ramtek, 408-522-1200; or Mike Joseph of Iomega, 801-778-1000/
 (RMTK IOMG)


CO: Ramtek Corp.; Iomega Corp. ST: California, Utah IN: CPR SU:

TB-TM -- SJ001 -- 8034 07/02/93 07:45 EDT
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Publication:PR Newswire
Date:Jul 2, 1993
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