Iomega, an EMC company and a provider of data protection services, has launched Iomega Home Media Network Hard Drive.

According to the company, the Home Media Network Hard Drive is available as a 500Gb or a 1Tb single-drive device. Consumers with multiple computers can use the Home Media Network Hard Drive to centralize their computer storage as well as access files on everything from a laptop to a big screen TV to a Microsoft Xbox 360 or a Sony PlayStation 3.

The company has said that the Home Media Network Hard Drive is a total network storage system that provides data backup and protection with integrated EMC Retrospect Express backup software. During the set-up process, users choose files and folders for scheduled automatic backups from all the PCs and Macs on the network. After that, any changes or additions are updated and saved automatically.

Jonathan Huberman, president of Iomega and the consumer and small business products division of EMC, said: The Home Media Network Drive does the serious work of backing up and protecting digital files, but it also does the fun things like streaming photos and videos to game consoles, digital picture frames and networked TVs, as well as automatically feeding music into iTunes for easy playback – all for little more than the cost of a USB direct-attached desktop hard drive with comparable storage capacity.