Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Mel Boreham who wrote (4715)	11/6/2000 3:05:04 PM
From: D.J.Smyth	Respond to of 5023

Mel "The idea is that software has huge margins and doesn't subtract from earnings as it doesn't take that much investment to turn-out licensed software deals with big corps like IBM" add Q2 to those OEM deals too. 35 million zip drives also represents a market for automatic backup IBM is basically endorsing the product with its automatic inclusion...saying nothing better out there

To: Mel Boreham who wrote (4715)	11/6/2000 3:14:20 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 5023

given IBM's acceptance, would seem more deals could follow. IBM was the first OEM to include the Zip drive as an option way back when too. of course, 'comes with' is better than optional any day

To: Mel Boreham who wrote (4715)	11/7/2000 6:59:01 AM
From: Amadeo Mendez-Vigo	Read Replies (2) \| Respond to of 5023

Press Release SOURCE: Iomega Corporation Iomega to Market IBM Microdrive(TM) Under Iomega Brand in 2001 ROY, Utah, Nov. 7 /PRNewswire/ -- Iomega Corporation (NYSE: IOM - news), a global leader in data management solutions, and IBM Corporation (NYSE: IBM - news) have reached an agreement that calls for Iomega to market IBM's Microdrive(TM) miniaturized hard disk technology under the Iomega brand in North America. Beginning in February 2001, Iomega will be the first company to brand IBM's 340MB Microdrive. Iomega will bundle the drive with a type II plus PC card adapter and Iomega Quik Sync 2 software to provide customers with a powerful and flexible new solution for removable storage in laptop computers, consumer handheld devices, and digital cameras. The 340MB Microdrive with type II plus PC card adapter is currently compatible with 62 laptop computer models from 15 manufacturers, including Dell, Compaq, Toshiba, IBM, and Apple. The drive is also compatible with any digital camera or PDA equipped to use type II plus compact flash. ``The combination of Iomega's brand and channel strength with IBM's Microdrive technology creates a strong market opportunity for both companies,'' said Doug Collier, vice president of product management and business development, Iomega Corporation. ``Laptops are the fastest growing segment in the computer market today, and Iomega's strong retail presence will enable us to reach this growing audience of mobile users with the benefits of the Iomega Microdrive. This agreement results in a product that will be especially attractive to our channel partners and enterprise accounts.'' ``This packaging provides cutting-edge technology to a new generation of customers, who demand convenient, reliable storage solutions for their 'go-anywhere' computing devices,'' said Bill Healy, vice president of IBM Storage Technology. ``IBM is pleased to continue its partnership with Iomega, an industry leader in external storage products for personal computers.'' Users of the Iomega Microdrive will benefit from robust Iomega software included with the drive. Iomega® Quik Sync 2 software will provide users with automatic on-the-fly file backup to protect important data from virus attacks and system malfunctions. Users can also set Iomega Quik Sync 2 software to store multiple file revisions, allowing them to recover earlier versions of important files even if the current version has been changed or damaged.