Iomega announced this week that it will be unveiling its third generation REV backup drive at CeBIT 2008. Designed to provide the performance of a hard drive with the removability of tape, Iomega's new drive offers transfer rates of up to 35MB/second and a maximum capacity of 120GB.

Iomega Corporation (NYSE: IOM), a global leader in data storage and protection, today announced the new Iomega REV 120GB Backup Drive, the third generation of its award-winning REV technology and a benchmark in smart, sensible backup for small and medium-sized businesses, remote work groups and others.

Iomega will unveil the new Iomega REV 120GB Backup Drive and REV 120GB disks at CeBIT 2008, the international technology tradeshow beginning today in Hanover, Germany, and running through March 9. Iomega is located at CeBIT in Hall 2, booth D56.
The Iomega REV 120GB Backup Drive is expected to be available in April as external USB 2.0 and internal SATA models. An ATAPI model is also planned for mid-year. Full details can be found here.