Iomega Corporation Announces Appointment of Preston Romm as Chief Financial Officer
SAN DIEGO, March 27, 2006- Iomega Corporation (NYSE: IOM), a leader in data storage, today announced that Preston Romm has been appointed as Vice President of Finance and Chief Financial Officer, effective immediately.
Romm, 52, has nearly 30 years of finance and accounting experience, including extensive operational experience as a chief financial officer with multiple public and privately held high tech companies. Romm was most recently Vice President of Finance, CFO, Treasurer and Secretary at Dot Hill Systems Corporation, a $250 million publicly traded storage systems company.
“I am very excited that Preston has joined the senior leadership team at Iomega,” said Jonathan Huberman, Vice Chairman and CEO, Iomega Corporation. “He has an excellent reputation, a successful track record and experience in the data storage industry. I know that his experiences will prove to be an asset to Iomega as we craft a new strategic direction for the company and seek to increase shareholder value. As Preston comes aboard, I want to thank Tom Kampfer, President and Chief Operating Officer at Iomega, for his diligent work as Interim Chief Financial Officer.”
Prior to joining Dot Hill in 1999, Romm was Vice President of Finance, CFO and Secretary at Verteq, Inc., a privately held $60 million company in the front-end semiconductor capital equipment industry. Romm’s finance leadership experience in technology-related industries also includes assignments as Vice President, Controller and Chief Accounting Officer with MTI Technology Corporation from 1990 to 1994, followed by the role of Vice President of Finance and Administration and CFO at STM Wireless, Inc., from 1994 to 1997. Romm is currently a Director of Netlist, Inc., a developer of high-density memory subsystems. Romm has a Bachelor’s degree in accounting from the University of Maryland, and an MBA in finance from American University.
“I am very happy to be joining the Iomega team and look forward to helping the company transition to the next level,” said Romm. “I am enthusiastic about Iomega’s potential in the consumer and small business storage markets and excited to be working with Jonathan, Tom and the rest of the team to build a long term strategy to return Iomega to sustained growth and profitability.”
Iomega Corporation provides easy-to-use, high value storage solutions to help people protect, secure, capture and share their valuable digital information. Iomega’s award-winning storage products include the new Iomega REV™ 35GB Drive, available in multiple interfaces, as well as the REV 1000 Autoloader and new REV Loader 280; Zip® 100MB, 250MB and 750MB Drives; the new Iomega StorCenter™ Network Hard Drives, high-performance Iomega® External Hard Drives including the Iomega Micro Mini Hard Drive, the Iomega StorCenter™ Network Hard Drive, the Iomega 1TB Desktop Hard Drive XL Series, the Iomega MiniMax USB 2.0/FireWire Desktop Hard Drive and the Iomega ScreenPlay™ Multimedia Drive; Iomega Mini USB Drives, Micro Mini™ USB Drives, and the Iomega Mixx™ MP3 player; Iomega external CD-RW Drives; Iomega Super DVD Drives and the QuikTouch™ Video Burner; and Iomega Floppy USB-Powered Drives. Iomega simplifies data protection and sharing at home and in the workplace with Iomega Automatic Backup software, Iomega Sync software, HotBurn® CD-recording software, and Active Disk™ technology. For networks, Iomega StorCenter Pro NAS servers offer capacities of 160GB to 1.6TB. For unlimited capacity and anytime, anywhere access, Iomega offers iStorage™ secure online storage. Iomega also offers businesses and consumers a comprehensive data recovery services solution for recovering lost data due to hardware failure, file corruption or media damage. The Company can be reached at 1-888-4-IOMEGA (888-446-6342), or on the Web at www.iomega.com.
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Copyright® 2006 Iomega Corporation. All rights reserved. Iomega, Zip, REV, StorCenter, ScreenPlay, Active Disk, iStorage, Micro Mini, and HotBurn are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.
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