Any info about Iomega (IOM)? Message Board

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

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To: Stan Walker who wrote (9394)	10/18/1996 7:36:00 PM
From: emil	of 58324

anyone ready to move on from the earnings masturbation...read on... BLOW THAT HORN, KEEP THE WHEELS TURNING! IOM'S WILL BE EVERYWHERE! ORADELL, N.J., Oct 18 (Reuter) - Sony Electronics, a U.S. unit of Japan's Sony Corp, said it is offering a high-capacity data backup drive system for home and small office computer users it developed in conjunction with Iomega Corp . The StorStation tape drive and storage media system use Sony's QIC-WIDE technology and Iomega's two gigabyte tape format. Iomega introduced a drive and cartridge based on the same two gigabyte tape format called the "Ditto 2GB" in September, a Sony spokesman said. In a statement, Sony Electronics said its StorStation is capable of storing one gigabyte, or roughly one billion bytes of data, of directly accessible data or two gigabytes of data in compressed form. Sony said the StorStation drive system will offer customers the same 10 megabyte-per-minute transfer rate as Travan-1 drives developed by Minnesota Mining and Manufacturing Co . Sony also produces Travan-1 type tape systems. The spokesman said that with many hard drives on home personal computers now sized from 1.6 gigabytes to two gigabytes, the StorStation allows one-step back-up without requiring computer users to split up their hard drive files. He said the StorStation will be available in stores in the next few weeks and be sold largely through major U.S. retailers such as Compusa Inc and Staples Inc . The backup data storage systems carry a suggest list price of $199.95 for the drive and $19.99 for the individual QW2GB cartridge tapes necessary to store data. -- Eric Auchard, New York Newsdesk, 212-859-1736

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