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

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To: dale velkovitz who wrote (24356)6/5/1997 12:51:00 AM
From: FuzzFace   of 58324
 
Thanks Dale. Too bad they didn't also mention the laptop Zip announcement. Has anyone heard of Chicony before ?

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Chicony to include Iomega Zip drive in new high-end notebook computer

BusinessWire, Wednesday, June 04, 1997 at 12:36

COMPUTEX, TAIPEI, Taiwan--(BUSINESS WIRE)--June 4, 1997--Iomega
Corp. (NYSE:IOM) Wednesday announced that its internal notebook Zip
drive will be included as an optional feature in the 97X series of
notebook computers made by Chicony Electronics Co. Ltd. of Taipei.
Iomega's notebook Zip drive is expected to be available to
laptop computer makers in the second half of 1997.
The MP 978 is expected to be the first model in the 97X notebook
series to include a smart bay that accommodates Iomega's internal
notebook Zip drive. With its extra-large screen and high-speed
Pentium processor, the notebook will be targeted at power users and
is planned to be available worldwide through Chicony's sales
channels in the second half of 1997.
"Notebook computer users, especially power users, increasingly
need to work with large multimedia presentations and files," said
David Hellier, managing director of Iomega Pacific. "By featuring
the notebook Zip drive in its new high-end model, Chicony is
addressing its customers' storage needs, while showing its
commitment to enhancing its customers' capabilities."
Designed as an internal Zip drive for original equipment
manufacturers (OEM) to build into laptop computers, the notebook Zip
drive will use standard 100 megabyte Zip disks, which provide
70 times the capacity and higher performance than traditional floppy
disk drives.
It will allow for true mobility, enabling users to conveniently
take all their files anywhere they carry their laptop computers --
between home and work, on the road to remote locations, or to give
multimedia presentations at customer sites -- without any limits on
storage capacity.
In addition to Chicony, Iomega has OEM relationships with VST
Technologies, CNF Technologies and NEC Computer Systems Division to
provide notebook Zip drives.
In addition to notebook computer makers, Iomega Zip drives are
also offered as a standard or optional feature in many computer
models from top desktop computer vendors worldwide including Apple,
Compaq, Dell, Gateway, Hewlett-Packard, IBM, Micron, Motorola,
Packard Bell, NEC, Power Computing, Sony, UMAX and Unisys.
Since it began shipping in March 1995, more than 6 million Zip
drives have been shipped, making it one of the fastest growing
consumer electronics products in history.
Chicony is one of the world's largest keyboard manufacturers.
Its Notebook, Color Notebook and Subnotebook PCs are aimed at
particular user groups and have already begun to carve out a niche
in the specialty PC market.
With record sales in the market, close control of resources,
complete development plans and designs and precision-manufacturing of
products, Chicony has won a growing list of OEM clients in markets
throughout the world.
Chicony's international corporate network includes branch offices
in both America and Germany, and production facilities in Thailand,
mainland China and Scotland, in addition to its corporate
headquarters and R&D operations in Taiwan. More information about
Chicony can be found at chicony.com .
Iomega Corp. provides personal computer storage solutions that
help people manage their computer stuff -- anywhere. These
solutions include: Zip drives and disks; Jaz one-gigabyte drives
and disks; and Ditto tape backup drives and tape cartridges.
Used in homes, business and education, Iomega storage solutions
are available through computer retail stores, resellers, major
distributors and OEMs. The company can be reached at 801/778-1000 or
on the World Wide Web at iomega.com .

NOTE TO EDITORS: Statements in this release relating to the
availability of the internal notebook Zip drive in Chicony's 97X
series of notebook computers in the second half of 1997 is a
forward-looking statement. There are a number of important factors
that could cause actual events to differ materially from those
indicated by such forward-looking statements including market
acceptance of, and demand for, the company's drive and removable disk
products, manufacturing, development and distribution issues, delays
in meeting scheduled shipment dates, product pricing, competition,
intellectual property rights and other risks identified in Iomega's
prospectus filed in June 1996, its annual report for 1996 on Form 10K
and its most recent quarterly report on Form 10Q filed with the SEC.

Iomega, Jaz and the Iomega logo are registered trademarks of, and
Zip, Ditto and n-hand are trademarks of, Iomega Corp. All other
product and brand names are the property of their respective
companies.

CONTACT: Iomega Corp.
A. Cory Maloy, 801/778-3712
or
Copithorne & Bellows
Tim Donovan, 415/975-2207
or
Investor Relations Contact:
Iomega Corp.
Susan T. Stillings, 801/778-3585
stillings@iomega.com
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