The revenue decline was attributed mainly to lower sales of Jaz and Ditto products, which were offset partially by higher ZipCD and Clik sales.
The company also says it has shipped 53,000 ZipCD drives and 45,000 ZipCD disks since the launch of the product in August.
drives and disks, and
ZipCD drives and discs that help people to organize, manage, create, exchange and share their important information.
Iomega Corporation (NYSE:IOM), Roy, Utah, a leader in the smart, portable storage solution market has announced its entry into the optical storage market with its first CD-ReWritable (CD-RW) drive, ZipCD. Designed for corporations, PC enthusiasts and Internet users, ZipCD will give users the ability to back-up, archive, transport, share and create up to 650 MB of data on a common CD format.
With ZipCD, companies, both large and small, can now back-up and archive data, as well as transport and share important files and presentations on a common CD format.
"We are excited to announce ZipCD, the first optical product from Iomega," said David Gantt, vice president and general manager of Optical Products.
Storage maven Iomega has decided to enter the rough-and-tumble optical storage market with its new
ZipCD drive, which company officials indicated will ship later this year, likely early this half.
The company made its first move into the optical storage market last month with a re-writeable CD drive,
ZipCD. However, the industry consensus was that the product offered too little, too late, compared to faster products from Memorex Products and Samsung Corp.
Iomega Corp, struggling to find its way again after setbacks in its core Zip and Jaz removable storage businesses, has announced its entry into optical storage with its first CD re-writeable drive,
ZipCD. Aimed at corporations, PC enthusiasts and internet users,
ZipCD offers 650Mb of data capacity for the back-up, archive, transport, sharing and creation of data onto CD format.