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

To: Ben Antanaitis who wrote (56207)	6/16/1998 11:31:00 AM
From: boydude	Respond to of 58324

thanks, Ben! Boydude

To: Ben Antanaitis who wrote (56207)	6/16/1998 12:15:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 58324

Ben, ROY, UTAH, U.S.A., 1998 JUN 15 (NB) -- By Martyn Williams, Newsbytes. NEC Corp. [TOKYO:6701] has signed a licensing deal with Iomega Corp. [NYSE:IOM] which gives it the right to manufacture drives for Iomega's Clik disk format, a drive system for mobile and portable devices, and develop new versions of Clik. The deal follows on from a letter of intent signed in April (Newsbytes, April 23, 1998) and builds on an existing relationship under which NEC manufacturers drives for Iomega's Zip format. "We believe that the Clik drive will be the standard for portable digital storage," said Tadanobu Furukatsu, vice president and general manager, NEC. "We are excited about manufacturing and making Clik! drives available to end users and the makers of portable digital devices." The Clik drives are designed to be used with portable computers and products such as digital still cameras and smart cellular telephones. They offer removable storage of 40 megabytes, said Iomega. Reported By Newsbytes News Network: newsbytes.com GM