Iomega Corp., the manufacturer of removable mass storage Bernoulli System products for desk-top computers, has announced the formation of The Bernoulli Collection Inc. as a separate, wholly owned subsidiary, a spokesman said.

The Bernoulli Collection Inc. will provide business microcomputer users with a library of information products, reference sources and information management tools on cartridges for Iomega's Bernoulli Box II removable disk drive system. The products will be accompanied by optional text retrieval programs also on cartridge.Agreements have been signed with several companies in Utah, California and New York to package and distribute information products or information management tools. Terms of all agreements have not been disclosed.

The Bernoulli Collection Inc. is also working with selected companies to provide databases for such vertical markets as legal, medical, manufacturing and financial.