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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (51547)	3/29/1998 8:17:00 PM
From: Dave Triplett	Respond to of 58324

Staff Report] - With Iomega's stock price dropping, and the company throwing millions at what seems to be an unsuccessful ad campaign, the storage solution maker's CEO has resigned. This, Along with a recent Apple board Meeting, has prompted speculation that Kim Edwards, former Iomega CEO, may in a position to take the helm Of Apple Computer Inc. Apple is being very tight-lipped about the recent board meeting, but reports From publications such as Business Week speculate that Apple's board is urging now interim CEO to make a decision on whether or not he will toke the top-spot. However, a report appearing in USA Today (see MacCentral report) conflicts with that assertion. In any event, if Jobs has indeed refused offers made by the board to become the permanent CEO, candidates such us Kim Edwards are likely being eyed as replacements. The rumored top candidate for Apple's CEO position, Jim Cannavino, has since joined another corporation. Meanwhile, Apple is adding new top executive, such us Timothy Cook, who recently joined the company as vice-president of worldwide operations. That hiring, in particular, has caused analysts to believe that Job, will stay on after all.

To: Rocky Reid who wrote (51547)	3/29/1998 8:20:00 PM
From: Dave Triplett	Read Replies (2) \| Respond to of 58324

March 13, 1998 To Our Stockholders: It is our pleasure to invite you to the 1998 Annual Meeting of Stockholders of Iomega Corporation. The meeting will be held on Tuesday, April 21, 1998 at 11:00 a.m. at the Marriott Hotel, 75 South West Temple, Salt Lake City, Utah. The Notice of Annual Meeting and Proxy Statement accompanying this letter describe the business to be transacted at the meeting. In 1997, we achieved some significant accomplishments: - Annual revenue increased 43 percent to $1.7 billion, - Net income for the year doubled to $115 million, - Zip drive shipments nearly doubled in 1997 over 1996, and - Jaz drive shipments surpassed the one million milestone. I am pleased to present Iomega's 1997 Annual Report, which is being mailed together with the enclosed Proxy Statement. It will give you an update with respect to Iomega's progress in 1997 and report to you on our continuing efforts to "Give our customers what they want, when they want it, at a price they are willing to pay." Our Proxy Statement and Annual Report mailing is only one of the ways that we try to reach our stockholders. Please remember that there are other avenues for communication open to you throughout the year; they are: our toll-free fax-back service (1-888-88-IOMEGA), the IR section of Iomega's monthly Internet magazine, Iomegazine, on our website (www.iomega.com), and our Investor Information Line (1-801-778-3585). To ensure proper representation of your shares at the meeting, please carefully mark the enclosed proxy card, sign and date it, and return it at your earliest convenience. We look forward to seeing you at the meeting. Sincerely yours, /s/ Kim B. Edwards --------------------------------- KIM B. EDWARDS President and Chief Executive Officer <PAGE> 3 IOMEGA CORPORATION 1821 WEST IOMEGA WAY ROY, UTAH 84067 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON TUESDAY, APRIL 21, 1998 The 1998 Annual Meeting of Stockholders of Iomega Corporation will be held at the Marriott Hotel, 75 South West Temple, Salt Lake City, Utah on Tuesday, April 21, 1998 at 11:00 a.m., local time. At the meeting, stockholders will act on the following matters: 1. Election of three Class I Directors, each for a term of three years; 2. Approval of certain amendments to the Company's 1995 Director Stock Option Plan; 3. Approval of the Company's 1998 Employee Stock Purchase Plan and 1998 International Employee Stock Purchase Plan; 4. Ratification of the selection of Arthur Andersen LLP as the Company's independent auditors for the current year; and 5. Any other business as may properly come before the meeting or any adjournment thereof. Stockholders of record at the close of business on February 23, 1998 are entitled to notice of and to vote at the meeting or any adjournments. The stock transfer books of the Company will remain open. By Order of the Board of Directors, LAURIE BARTLETT KEATING Secretary