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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (8787)	4/6/1999 10:34:00 AM
From: John Solder	Respond to of 10072

stockgrade.com rates IOM B+ stockgrade.com

To: D.J.Smyth who wrote (8787)	4/6/1999 11:29:00 AM
From: Pacing The Cage	Respond to of 10072

Company Press Release SOURCE: EDS EDS and Iomega Announce Information Technology Agreement; EDS Services Will Support Iomega's Global Growth Strategy SANTA CLARA, Calif., April 6 /PRNewswire/ -- EDS today announced that Iomega Corporation, the leader in smart portable storage, has selected EDS to provide systems and network management support for its global applications and network environment. By leveraging EDS' global systems and network management expertise, Iomega will be able to concentrate on expanding its worldwide business in a cost-effective manner. EDS will support Iomega's global operations through existing Iomega facilities in Roy, Utah and existing EDS facilities in Sacramento, Calif. Under the terms of the five-year information technology agreement with Iomega, EDS will provide systems and network management support for Iomega's worldwide Oracle ERP implementation, worldwide Scopus customer service application, I2 supply chain management system, datawarehouse, and other enterprise applications. Additionally, EDS will provide management and support for Iomega.com, Iomega's heavily accessed Web site. ''Iomega selected EDS to provide these services after looking at a number of potential service providers,'' said Tim Good, vice president and chief information officer, Iomega Corporation. ''We felt EDS best met our requirements to provide a stable and secure environment to support our current and future business needs.'' ''EDS will provide Iomega with information technology services that will allow it to address growth opportunities around the globe,'' said Ed Deenihan, president of EDS' High Technology Business Unit. ''By utilizing EDS as a resource to realize the potential of its information assets and infrastructure, as well as extending the reach of those assets throughout the enterprise, Iomega will be able to focus on innovating and bringing to market the products that support its continued growth.'' Iomega Corporation (NYSE: IOM - news) manufactures and markets the award-winning Zip®, Jaz®, Clik!(TM) and Ditto® drives and disks that help people to organize, manage, create, exchange and share their important information. Used in homes, businesses, government, education and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The company can be reached at 1-800-MY-STUFF (800-697-8833), or on the Web at iomega.com. EDS has been a leader in the global information services industry for more than 35 years. The company delivers systems and technology expertise, management consulting, business process management and electronic business leadership. EDS, with $16.9 billion in revenues in 1998, offers solutions to improve the performance of more than 9,000 business and government clients in about 50 countries. The company's stock is traded on the New York Stock Exchange (NYSE: EDS - news) and the London Stock Exchange. Visit EDS via the Internet at eds.com. SOURCE: EDS biz.yahoo.com