Iomega begins to ship 750 MB Zip

Iomega has started to ship the new 750 MB Zip Drive and Disk. The new drive is USB 2.0 (and 1.x) compatible with a maximum transfer rate of 7.5 MB/sec (USB 2.0), a Firewire native drive is due later this year. Iomega claim that the 7.5 MB/sec speed is equivilent to a 50x50x50 CD-RW drive, the advantage of course is that Zip disks act just like mini hard disks and don't need to be re-formatted to be re-written (unlike CD-RW). The new USB 2.0 750 MB Zip Drive should retail for $179.95, the 750 MB disk will be priced at $12.49 (in an 8 pack) which works out at 1.6 cents/MB.

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