Iomega closes deal with IBM to sell Microdrives

IBM has announced that they have made a deal with Iomega on the sale of IBM Microdrives under the Iomega brand name in North America. The Microdrive is the smallest hard disk in the world and is the size of a type II plus PC Card. The capacity of the mini hard disks varies from 340Meg to 1GB. Iomega will bundle the 340MB version with a PC Card adapter and Iomega’s Quik Sync 2 file management and backup tool:

Iomega Corporation (NYSE: IOM – news), a global leader in data management solutions, and IBM Corporation (NYSE: IBM – news) have reached an agreement that calls for Iomega to market IBM’s Microdrive(TM) miniaturized hard disk technology under the Iomega fire in North America.

Beginning in February 2001, Iomega will be the first company to brand IBM’s 340MB Microdrive. Iomega will bundle the drive with a type II plus PC card adapter and Iomega Quik Sync 2 software to provide customers with a powerful and flexible new solution for removable storage in laptop computers, consumer handheld devices, and digital cameras. The 340MB Microdrive with type II plus PC card adapter is currently compatible with 62 laptop computer models from 15 manufacturers, including Dell, Compaq, Toshiba, IBM, and Apple. The drive is also compatible with any digital camera or PDA equipped to use type II plus compact flash.

[…] Users of the Iomega Microdrive will benefit from robust Iomega software included with the drive. Iomega® Quik Sync 2 software will provide users with automatic on-the-fly file backup to protect important data from virus attacks and system malfunctions. Users can also set Iomega Quik Sync 2 software to store multiple file revisions, allowing them to recover earlier versions of important files even if the current version has been changed or damaged.