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Iomega ushers in the new year with an exclusive 1TB network drive

Iomega's Home Media Network Drive promises an easy three step setup, lightning fast transfer speeds, and snag-free data backups.

This year's CES saw the release of Iomega's Home Media Network Drive, a new addition to their line of external storage devices, joining the ranks of similar devices like the Iomega StorCenter and the Iomega StorCenter ix2, but with a few simple changes. First, the drives now come with an easy setup that lets users get up and running sharing media across a network in three easy steps: plug in the drive, power on, and install the included EMC LifeLine Home software that runs on the Linux operating system to contributes to the snag-free process.

Other features of the Iomega Home Media Network Drive include gigabit Ethernet transfer speeds, a single USB port for sharing a printer over the network, and instant backup software courtesy of the MozyHome online service included in the box. Both 500GB ($160) and 1TB ($230) drives are set to roll into stores in early January.