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Non-Tech : Any info about Iomega (IOM)?

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To: Hugh W. who wrote (2930)6/13/1996 3:55:00 PM
From: Erik J. Lupien   of 58324
 
TO ALL: IOMEGA also repeated the NEC/IOMEGA OEM Deal.

ROY, UTAH, U.S.A., 1996 JUN 13 (NB) -- REPEAT/NEC
Technologies Inc. has announced plans to offer select models of its
NEC Ready and PowerMate Pro PCs with Iomega Corp.'s
(NASDAQ:IOMG) Zip drive, beginning in the third quarter of 1996.
For most of those PCs that do not come with a Zip drive, NEC plans
to include Iomega's Zip tools software which, according to the
companies, would make external Zip drive installation "fast and easy."

With the increase in multimedia and graphics-oriented software, and the
steady growth of what were once basic applications, such as word
processors, storage has become an important part of any PC purchase.
Just a few years ago, Newsbytes notes, a 40MB hard drive was
considered ample for most users. Now a 40MB would not be large
enough for a word processing software program and a graphical users
interface, such as Windows, and certainly not Windows 95.

Nowadays, most PCs come with more than 160/250MB of storage
and gigabyte (GB)-sized hard drives are often the norm for
corporations and users who have any sort of multimedia and graphics
requirements.

Iomega says its 100MB Zip disks provide 70 times the capacity of
today's floppy disks, giving consumers extra capacity, increased
flexibility, and a built-in back-up system. In addition, the company said
its Zip tools provide advanced data management utilities, "making it
easy for consumers to manage, share, and save their information."

Neither company was available for comment by Newsbytes deadline.

This is the second major hardware deal for Iomega in as many days.
On Tuesday, Newsbytes reported that IBM had announced plans to
use Iomega's Zip removable-media storage devices in one of its new
Aptiva PC models. The particular model being offered by IBM will be
available only through Circuit City stores, although company may
include the Zip drives later in other models.

(Ian Stokell/19960612/Press Contact: Iomega Corp., Roy A. Cory
Maloy, 801-778-3712; NEC Technologies Inc. Rich Farana,
415-528-5361)

Regards,

Erik (Looooooooooooooong ooooooooooooooon Ioooooooooooooomega)
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