Iomega said today it will offer a limited-time customer rebate of $50 on its Zip removable disk drive and further discounts on the 100 megabyte disks used to store data on the devices.

The company said that from July 1 through Sept. 15, 1996, customers buying Iomega-brand Zip drives, which sell for an estimated street price of $199.99, will be eligible for a $50 mail-in rebate.

Customers will also be eligible to receive a $20 mail-in rebate when they buy any combination of 10 Iomega Zip disks, including Iomega's Giga-pack, which has an estimated street price of $149.95.

Iomega has shipped over two million Zip drives since its introduction last year, making it one of the industry's fastest-selling data storage products.

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