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Iomega Buys CSCI

Iomega has reached a definitive agreement to acquire CSCI, a San-Diego-based managed services and outsourced IT company

SAN DIEGO -- Iomega Corporation (NYSE: IOM - News), a global leader in data protection, today announced that it has reached a definitive agreement to acquire CSCI, Inc., a San-Diego-based managed services and outsourced IT company. CSCI is the 2006 winner of the Juniper Networks, Inc. "Managed Services Provider of the Year" award and the creator of OfficeScreen® services, a suite of managed virtual private networks (VPNs) that provide small to medium-sized businesses with secure wide-area networks that efficiently and economically link offices and remote workers.

"With the addition of OfficeScreen, Iomega is taking the first step toward becoming a managed services company," said Jonathan Huberman, Chief Executive Officer, Iomega Corporation. "Small businesses need simple, secure, easy-to-use networks from a company they trust. The debut of Iomega OfficeScreen services will expand on Iomega's 25-year history of dependable data security products for SMBs and position the company to capitalize on the growing managed services market."

Currently hundreds of small and medium-sized businesses in the U.S. utilize OfficeScreen as a secure, outsourced network security and VPN service that does not require upfront hardware expenses or setup costs, an appealing combination for small businesses that don't have dedicated IT resources or large IT budgets. OfficeScreen's firewall/VPN, Secure Socket Layer (SSL) and IPSec (IP security) bundles create wide area networks that connect remote offices and workers to applications and data at a company's headquarters, while countering security threats from hackers, worms and viruses across a company's entire network.

"Today's SMBs face many of the same risks and regulatory requirements as Fortune 100 corporations," said Huberman. "Whether it's HIPAA compliance, SEC regulations, Sarbanes-Oxley requirements or protection from malicious intrusions, SMBs must ensure the privacy of their customers' data and protect the intellectual property of their businesses. Iomega's new OfficeScreen services are simple, cost-effective turn-key security platforms that deliver on the network needs of today's small and medium businesses."

Iomega Corp. (NYSE: IOM)