BOULDER, Colo., March 11 /PRNewswire/ -- Exabyte Corp. (Nasdaq: EXBT)
today announced the popular Zip drive from Iomega Corporation (NYSE: IOM) is
now a member of Exabyte's Eagle Nest family of storage devices. The new Eagle
Nest Zip includes a cordless, portable Zip drive and an internal Eagle IDE
Nest. The Nest is installed in a PC's 5.25-inch drive bay. The Nest-
Ready(TM) Zip drive can then be plugged in and unplugged like a removable car
stereo. It also can be plugged into any other PC equipped with the internal
IDE Nest or the External Eagle Nest. This lets workgroups share a single Zip
drive among many PCs. It gives standalone PC users all the power of a Zip
drive with built-in capability to add other Eagle Nest-Ready storage
peripherals in the same bay.
The Eagle Nest Zip works with practically all PCs shipping today and is
fully compatible with existing Zip disks. It is the only Zip drive that is
plug-in compatible with either the internal or external IDE Eagle Nest. Toll-
free support for the drive is provided by Exabyte.
Iomega has positioned the Zip drive as a new storage solution for managing
the explosion of computer information. With the advent of multi-media,
customers need more than the traditional floppy to meet all their storage
needs. The pairing of the Zip drive and the Exabyte Eagle Nest offers
unlimited storage options for PC users.
"The addition of Iomega's Zip drive to the Nestable(TM) family of products
means the Eagle Nest offers PC users a drive for virtually any storage task."
Said Bob LiVolsi, vice president and general manager of the Eagle division.
"Our family of plug-in Eagle drives now includes the Nest Zip, Nest TR-4i
Travan tape drive, Nest HD hard drive and Nest LS-120 super floppy drive.
This makes the Eagle Nest a truly universal storage bay with virtually
limitless expansion potential. That's why we refer to NEST as the Never
Ending Storage Technology(TM)."
LiVolsi explained that many PC users would opt for a variety of storage
peripherals to handle various tasks such as hard-disk backup, large-file
transfer, work-in-process storage, file archiving and Internet-file
downloading. However, because of limited PC bays and slots, they often
compromise with a single storage peripheral, or buy expensive external
devices. With the Eagle Nest peripherals, a single bay handles virtually all
of the storage technology required for data protection, file transfer, long-
term storage and day-to-day file management.
The Eagle Nest Zip drive is now available from Exabyte in either the full
Eagle Nest configuration (Eagle Zip drive with Eagle Nest IDE interface) as
well as the Eagle Nest-Ready configuration (a plug-in Eagle Zip drive ready to
insert in Eagle Nest-equipped PCs). The internal Nest IDE is also available
separately. The anticipated U.S. street prices are $230 or less for the
complete Eagle Nest Zip drive, $185 or less for the Nest-Ready Zip drive and
$90 for the internal Eagle Nest IDE interface.
Headquartered in Boulder, Colo., Exabyte Corp. designs, manufactures and
markets a full range of tape storage products: 8mm and minicartridge tape
drives, 8mm and 4mm tape libraries, and recording media. Exabyte is the
world's largest independent manufacturer focused solely on tape storage
products, which it markets through original equipment manufacturers,
distributors and resellers.
This release, as it relates to product announcements and other company
matters, contains forward-looking statements which are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that all forward-looking statements involve
risks and uncertainties including, without limitation, risks related to
development of technology and manufacturing capabilities, market acceptance of
and demand for the company's products, impact of competitive products and
pricing, dependence on third party suppliers, and intellectual property
rights. Investors are directed to the Risk Factors section and other
information contained in the company's filing with the Securities and
Exchanges Commission, including the company's 1995 Form 10-K, copies of which
are available from the company without charge, for a more complete description
of the risks and uncertainties relating to the material in this release as
well as to other aspects of the company's business.
Exabyte is a registered trademark and Eagle, Nest, Nest-Ready, Nestable
and Never Ending Storage Technology are trademarks of Exabyte Corporation.
All other trademarks and registered trademarks are property of their
respective owners.
For information on Exabyte products and services, call:
Asia/Pacific: 65-271-6331
Europe: 31-30-2548800
North America: 1-800-EXABYTE or visit Exabyte on the World Wide Web at
exabyte.com
For Exabyte investor information, call: (201) 946-0091
SOURCE Exabyte Corp.
-0- 03/11/97
/NOTE TO EDITORS: The Eagle Nest Zip drive and other Eagle Nest drives
are available for review. Please call Hi-Tech Ink at 303-694-6411/
/CONTACT: Tom Lawler at Exabyte Corp., 303-516-3087 or
tlawler@exabyte.com.; or Kathy Tanabe at Hi-Tech Ink, 303-694-6411 or
ktanabe@hitechink.com/ |
