I/OMagic announced today that it has expanded its product line-up with the launch of its latest combination device -- the "CD-RW & DVD-ROM Combo 48x24x48/16x " drive.

The "CD-RW & DVD-ROM Combo" writes CD-R at 48x, rewrites CD-RW at 24x, reads CDs at 48x and reads DVD at 16x. It is the perfect solution for file archiving and storage of digital photographs. This drive has automatic media selection for CD, CD-R and CD-RW. The "CD-RW & DVD-ROM Combo" allows for the creation of MP3, audio, video and data CDs, and the ability to watch movies on a users' home computer. The "CD-RW & DVD-ROM Combo" is Windows XP, 2000, Me, 98 and 95 plug 'n play compatible.

The I/OMagic "CD-RW & DVD-ROM Combo" has an introductory price of $99.99 and is being launched through currently available through Circuit City stores.