BURNABY, B.C., March 10, 2005 – Icron Technologies Corporation (TSX Venture: IT), the developers of ExtremeUSB® today announced the formation of an Advisory Board including James D. Skippen of Mosaid Technologies Inc, and Howard Sutton of Terra Capital Corp.
James D Skippen is currently Senior Vice President, Patent Licensing and General Counsel at MOSAID Technologies Inc. MOSAID has distinguished itself as an intellectual property powerhouse by licensing its patent portfolio to many of the world’s best known electronics companies and has generated more revenues from patent licensing than any other company in Canada. Prior to joining MOSAID, Mr. Skippen led McCarthy Tetrault’s technology law practice in Ottawa. Mr. Skippen is a former Chairman of the Toronto Computer Lawyers Group and a current member of the Executive of the Ottawa Technology Law Group. Mr. Skippen is a frequent speaker at conferences on technology licensing and has written numerous publications concerning technology and the law. Mr. Skippen’s knowledge and expertise in this area will greatly assist Icron in maximizing the potential of its Intellectual Property Licensing program.
Howard Sutton, P.Eng., MBA, CFA is President and co-founder of Tera Capital and currently the lead portfolio manager for the Tera Technology Fund and the co-lead portfolio manager for theTera Venture Trust Fund. Mr Sutton has over 22 years of experience in the industry, holding senior level positions in technology companies and in investment banking. Mr Sutton brings application expertise and a wealth of investment experience to his portfolios. He currently serves on the boards of a number of technology companies.
“Icron welcomes Mr. Skippen and Mr. Sutton to our Advisory Board. The company looks forward to their valued assistance to maximize shareholder value by leveraging our ExtremeUSB patent portfolio,” commented Suresh Singh, President and CEO of Icron. “Their in-depth knowledge of IP licensing and technology valuation will offer strategic benefit as we move forward with our business plan.”
About Icron Technologies Corp www.icron.com
Icron Technologies Corporation’s patented ExtremeUSB® technology extends the range of USB in wired environments and enables wireless USB over any RF technology. ExtremeUSB is the only USB-IF compliant extension solution and is deployed globally in a wide range of applications including: industrial automation, medical device, aerospace, KVM and computer networking. ExtremeUSB technology is available in a variety of formats including technology licenses, OEM modules, developer kits, as well as branded and private-label products. The company also provides a range of engineering and development services focused on unique USB connectivity issues.”
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 TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release — including, without limitation, statements regarding financial 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.
2005 Icron Technologies Corporation. ExtremeUSB®, USB Ranger™ are trademarks of Icron Technologies Corporation.
Distributed by Filing Services Canada and retransmitted by Market Wire
|Icron Technologies Corporation|
|Suresh Singh, President & CEO
|The Howard Group|
|David Gordon, Investor Relations for Icron