BURNABY, BC January 20, 2005 – Icron Technologies Corporation (TSX Venture Exchange: IT.V), announced that Adder Technology Ltd. of Cambridge, UK, is the latest manufacturer to embed Icron’s ExtremeUSB® technology into their X-USB KVM extender. The X Series X-USB is targeted at banks, data centres and other high-density environments where optimization of rack space is essential. The system extends full speed USB, RGB video and analog audio over distances of up to 100 metres (325 ft.) using CATx UTP cable.
The global market for keyboard, video and mouse (KVM) switches reached US$545 million in 2002 and is expected to grow to US$927 million by 2006, a compound annual growth rate of over 15%, according to VDC, a technology market research firm.
“When we required USB extension expertise, it was a natural step to engage Icron. We were delighted by the ease of integration of the ExtremeUSB sub-system into our project, and we were equally impressed with Icron’s system-level expertise in this area,” commented Adrian Dickens, Managing Director of Adder.
Adder joins a growing list OEM manufacturers that have chosen ExtremeUSB® as a robust and reliable means of extending USB over a variety of media. The ExtremeUSB® protocol has been deployed within OEM packaged products, in turnkey systems and as a Core product, allowing for even greater integration USB extension capability. Icron expects to launch a wireless variation of its ExtremeUSB® protocol early this year.
As USB technology continues to gain momentum in KVM, commercial and light industrial markets, ExtremeUSB® will become the premiere serial extension technology for control panels, medical equipment and security systems. Icron has committed to further developing its protocol to be available in a number of configurations, ensuring that its technology is available in the right format, and at the right price point.
“The integration of ExtremeUSB® into Adder’s KVM extension systems demonstrates Icron’s ability to provide flexible options on a timely basis and the overall viability of our royalty-based licensing model,” said Robert Eisses, VP Sales & Marketing at Icron.
Icron Technologies Corporation is a leading provider of high-performance digital connectivity technologies for the computer marketplace. Icron’s patented ExtremeUSB® technology is compliant with USB Implementers Forum requirements and touches several large worldwide markets from industrial automation to medical devices, aerospace, KVM and computer networking. The company provides branded and private-label packaged products, Original Equipment Manufacturer (OEM) modules, developer kits, and engineering and development services.
Icron is a publicly traded corporation and trades under the symbol “IT” on the TSX Venture Exchange. For information on the company and its products, please visit www.icron.com and for detailed financial information visit www.sedar.com. The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
2005 Icron Technologies Corporation. ExtremeUSB®, USB Ranger™ are trademarks of Icron Technologies Corporation. Distributed by Filing Services Canada and retransmitted by Market Wire.
About Adder Technology
Adder Technology is the leading European developer of KVM switching and extender technology. The company’s products reduce the complexity, vulnerability and cost of IT environments by providing robust access to and direct control of local computing systems.
Founded in Cambridge, UK in 1984, Adder distributes its products in 60 countries worldwide through a network of distributors, resellers and OEMs. US headquarters are based in Boston, MA.
Adder has continually posted year on year growth and has also been awarded the Deloitte and Touche Fast 50 Tech Growth award for a record 7 consecutive years. The award recognizes business achievement in the technology sector.
For more information about Adder Technology, please visit www.addertec.com.
For further information, please contact the following:
|Icron Technologies Corporation|
|Suresh Singh, President & CEO
|The Howard Group|
|Grant Howard, President
|Darryl Flinders, Sales and Marketing Director
|Phone: 01954 780044
Fax: 01954 780081
FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release – including, without limitation, statements regarding production estimates and future plans and objectives of Icron – are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.