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MGI and Iomega Corporation today announced an agreement to bundle MGI’s award-winning PhotoSuite and VideoWave products with Iomega’s new high-capacity 10GB and 20GB Peerless drive system.

Ihor Petelycky, chief product strategist, MGI, said, “Iomega’s Peerless drive raises the bar for removable storage and will be a great advantage to those who create and exchange photo and video files created with MGI PhotoSuite and VideoWave.”

An Iomega edition of MGI PhotoSuite software will be included with Peerless drives. PhotoSuite provides image editing and photo project capabilities designed to make web and PC photography easy. An Iomega edition of MGI VideoWave will also be included with Peerless drives, allowing even novice users to combine video clips, animation, graphics, photos and audio into professional-quality business presentations, web content, home movies, training materials and more.

Doug Collier, senior vice president, marketing and product management, Iomega Corporation, said, “With our partners’ software and Iomega’s new Peerless drive system, users will enjoy the freedom to simply and flexibly manage massive files on a disk that slips into a shirt pocket. We’re pleased to offer this added value to our customers and give them this tremendous functionality right out of the box.”

Peerless disks slip into a base station only slightly larger than the disk itself – a slim, vertical enclosure about four inches across and five inches tall. The Peerless drive system’s modular design, high capacity and hard-drive performance open up an entirely new class of devices. With FireWire transfer rates of up to an expected 15 MB/sec, the Peerless drive system is an affordable, high performance hardware solution. Iomega Peerless drives can be pre-ordered today at http://www.iomega.com.


Notes to Editors

For further information, box and screen shots, products for review or competitions, please contact: Jenny Hodge, communications manager, MGI Software, tel: 01908 278106 / 07775 897360, email: jennyh@uk.mgisoft.com.

MGI contact information for publication

MGI web site: http://www.mgisoft.com
MGI customer enquiries: 0800 973830

About Iomega

Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip®, Jaz® and PocketZip™ drives and disks, the HipZip™ digital audio player, the FotoShow™ digital image center, LifeWorks™ software, and Iomega QuikSync™ software; Iomega also markets Iomega CD-RW drives, CompactFlash™ and SmartMedia™ memory cards, and the Iomega Microdrive™ miniature hard drive. Iomega’s products help people to save, share, manage and create important information such as Internet downloads, audio files, personal photographs, spreadsheets, and slides, while protecting that content from viruses and hackers. Used in homes, businesses, government and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 001-888-4-IOMEGA (001-888-446-6342), or on the Web at http://www.iomega.com.

About MGI

MGI is a global leading provider of visual media software and infrastructure solutions that enable individuals and businesses to maximise their use of digital images and video. The Company’s products are distributed in over 40 countries through original equipment manufacturers (OEMs), value-added resellers (VARs), as well as leading computer and electronic retail stores and online retailers. Shipments of MGI’s flagship PhotoSuite and VideoWave products have surpassed 39 million units and its image server technologies and web tools are currently employed by over 200 commercial web sites. The Company’s offerings include proprietary technologies supported by over 80 patents and patent pending applications.

With headquarters in Richmond Hill, Canada, MGI maintains branch offices in Campbell, CA; Milton Keynes, UK; Paris, France; Paderborn, Germany; Tokyo, Japan; Taipei, Taiwan; and Seoul, Korea. MGI is a public company whose shares are traded on the Toronto Stock Exchange under the symbol ‘MGI’. MGI is part of the TSE-300 index. More information may be obtained on the Company at http://www.mgisoft.com.

In the UK, MGI is a member of the British Photographic and Imaging Association (BPIA), the Photo Marketing Association International (PMA) and The European Leisure Software Publishers Association (ELSPA).

© MGI Software Corp., 2001. MGI, PhotoSuite and VideoWave are trademarks or registered trademarks of MGI Software Corp. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers.

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